You’ve finally secured the first property in what you hope will be an ever-expanding portfolio. Take a moment to celebrate! You deserve it for all the hard work it has taken to get to this point.
First you will want to consider giving your new property a thorough professional clean and a fresh coat of paint before tenants are shown through the property. This way, new tenants will know the standards you expect them to maintain once they move in.
Once everything is in order, finding a reliable general builder or handyman and a local letting agent to add to your personal team will save you a lot of stress down the line.
A builder that you can trust is a must, especially if you have invested in an area away from where you live and have to rely on them to do the work well even when you aren’t around. I would advise checking any references they provide, contacting previous clients and possibly even travelling to meet with them in person. This way, you can reduce any worries you may have, and create a familiar and trusting relationship from the get go. Get ideas from us for home loans ballina
A good builder can be a lifesaver and can even help when you are looking for further properties to add to your portfolio. Especially if you are not fully confident that you will be able to spot any faults or damage to a new property on inspection visits.
Your letting agent can work in many different ways for you; from just finding your next tenant to fully managing your property. Often people try managing their properties at first, but eventually decide their time can be put to better use elsewhere.
It doesn’t matter whether you are buying your first investment property or your hundredth, at ZEP we consider each property an important stepping stone to your future. Contact us to discuss Investment Loans and car leasing byron bay today!