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6 tips to maximise your rental return

To keep a grounded view of the market and ensure you don’t lose quality tenants, consider following some simple steps to maximise your rental returns.

One step is to regularly review your rents and ensure they are at market levels, while giving tenants ample prior notice of rental increases. This will assist you in keeping your tenants content living in your investment property.

Multiply the average rental yield of comparable properties in your suburb by the estimated value of your property and you will get a ballpark figure of the annual rent you should be achieving.

When it comes to maximising your rental returns, a property manager can be an invaluable member of your property investing team.

For more tips, read the full article on realestateinvestar.com.au

Are you ready to maximise your rental results? Contact CPS Property.