After investing in real estate in Rockhampton, or anywhere for that matter, the next logical step for most investors is to fill these homes with tenants and get the income ball rolling.
However, sometimes there are slumps in the market which leads to extended periods of time where the property may be empty.
These times can be difficult for whoever owns the property, as their mortgage payments will still be going out without the necessary income coming in to cover it. As an investor, this could be counterproductive to your reasons for getting into property investment in the first place.
One of the ways to entice tenants into your home is to ensure that there is a sufficient amount of kerb appeal for the property.
During a vacant period, things like tending to the gardens, repainting the fences and exterior walls, and ensuring that the roof is in top condition will all do wonders for enticing people to come to your open homes.
Making renovations to the inside of the house is also encouraged. Repairing broken or outdated fixtures and ensuring the house is looking presentable is paramount. If there were unruly and disruptive tenants in place beforehand, ensure the damages from their stay have been adequately removed.
THE Queensland Government delivered on its promise to support manufacturing in Central Queensland, with the opening of a new Manufacturing Hub at Rockhampton’s CQUniversity campus on Tuesday. Minister for Manufacturing Cameron Dick (who was joined by CQUniversity senior deputy vice-chancellor Alastair Dawson, Member for Rockhampton Barry O’Rourke and Member for … Read more
Despite the 2020 market hitting the ground running, sales have started off low with only two sales breaking the $500k mark in the last week. Most sales, apart from a handful on the coast, failed to fetch prices higher than recent sales suggesting Rockhampton is still some way off former … Read more