What plan do you have for your investment property?
Of course, your general plan is to bring a tenant in and collect regular rent payments so you have a flow of passive income.
But this question isn’t about the basics. It’s about what needs to be done to maximise the growth and value of your property over time. In other words, what needs to happen to ensure your property reaches its full potential as a long-term cash-generating asset?
This is a tricky question to answer.
That’s why we work closely with our clients to help them to find the answer.
Improving Your Property
Imagine you’ve owned a property for five years. For that entire time, you’ve had a tenant in the property who seems to be happy. However, you haven’t done anything to improve the property. It’s becoming increasingly run-down, which means it’s losing value with every passing year.
The tenant doesn’t say anything about it because they don’t want to pay more rent.
But is that a situation that you would be happy with?
Of course not. You want to maximise the property’s value so you get the highest possible return from it. And the only way to do that is to create a strategic plan for how you’re going to improve the property over time.
By focusing on improving your property, you get:
What Do We Do?
Our strategic planning service focuses on helping you to develop a plan for your property.
We sit down with you and map out the next three to five years of your property’s life.
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