1. Increase the rent to market rate
2. Decrease the rent to reduce vacancy
3. Switch to an interest only loan( An experienced mortgage broker is extremely valuable)
4. Buy a low maintenance property
5. Buy a property in a good location to ensure high rental demand
6. Prepare a depreciation schedule(An experienced accountant is extremely valuable)
7. Make sure the property is fully fenced
8. Make the property pet friendly
9. Install a Heatpump for efficient economical heating
10. Install a dishwasher
11. Renovate the bathroom
12. Renovate the kitchen
13. Paint inside
14. Landscaping to make the property more appealing and easy care
15. Install an electric garage door opener
16. Put in new carpet
17. Fix up obvious defects of the property
18. Provide a gardening service
19. Maximise tax deductions
20. Add new blinds or curtains
For more tips n'tricks, see our blog
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