How can tenant vacancies be minimised?
This is the element that causes many property investors the most worry, yet interestingly it’s one of the lowest elements of risk. It comes down to doing the right research and embarking with the right recipe. The right type of property in an area with good rental demand, coupled with good property management is unlikely to have any more that a 4% vacancy (the average for the properties we manage is only 1.5%). Key elements in your planning include proximity to employment, infrastructure and services in addition to the general appeal of the dwelling. We are able to advise you on the right mix of ingredients to generate above-average rental demand.
