Friday, January 1, 2010

Considering Renting Your Investment Property Out By the Room?

This article by Chris Rolls from Rental Express provides great advice for renting your investment property out by the room.

Important factors to consider include:
  • Security modifications
  • furnishings
  • electricity and water
  • cleaning and maintenance
  • wear and tear
  • vacancy
  • associated costs
Recommendations to make your investment work:
  • proximity to public transport, CBD and university
  • multiple living areas in relation to number of bedrooms
  • installing hard wearing fixtures and fittings to reduce maintenance costs
  • keep the end in mind.
Read article in full click here: Renting By the Room
Source: Your Investment Property

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