Where did my returns go?

As property investors we often get excited about achieving a great return on a rental property but this excitement can often turn to despair as the expected return dwindles away due to inflated price expectations and sometimes false hope from real estate agents. Diminishing returns occur when a property is vacant for any period of time before the start of a new tenancy. There are many reasons why a property can remain vacant. Lawns needing mowing, ripped fly-screens and damaged curtains lead to poor presentation. Having no power connected results in a dark property, and delayed advertising and lack of signage leads to no enquiries because you can’t sell a secret. When you eliminate these

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