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Are you thinking of renting out your property?
Congratulations!
It’s a great way to ensure additional income while making the most out of your hard-earned investment. However, like most property owners, you might be wondering how much rent your property should earn.
My Money House understands the importance of the right rental appraisal. If you set the rent too low, you cannot capitalise on your investment property. On the other hand, setting it too high can make it hard to find a tenant.
But with our rental appraisal services, you don’t have to worry about this. Backed by data-driven market analysis, our appraisal advice will help you maximise your rental property returns.
But first, let’s answer the most critical question – what is a rental appraisal?
As an investment property owner, you might have asked yourself – what is a rental appraisal?
A rental appraisal is a professional evaluation of your property’s potential rental income. Real estate experts at My Money House use different criteria to calculate the maximum possible rental for your property.
They typically include:
With our rental appraisal service, you get an accurate estimate of what a property could rent for, considering local market trends and comparable properties in your area. That, in turn, helps you attract quality tenants and reduce vacancy rates.
While you can charge whatever rent you want, a professional rental appraisal is recommended for several reasons. For one, it ensures your property is priced competitively, which can help attract reliable tenants quickly. That means you get additional, fixed income as soon as possible.
Secondly, it helps you set a realistic expectation of rental income, allowing you to plan your finances better. Moreover, a professional rental appraisal can help you identify opportunities for property improvements that could help fetch better rent in future.
We recommend regular appraisal to maximise your returns, which brings us to the next question – how to get a rental appraisal.
Being a leader in the real estate market, My Money House understands your need for a quick, accurate, and honest appraisal. So, we have simplified our rental appraisal service as much as possible.
It typically goes like this:
We provide detailed insights and recommendations on maximising your rental income and maintaining your property’s value. Whether a first-time landlord or an experienced investor, we ensure you receive the best advice and support.
You might be wondering what sets our rental appraisal service apart. Here’s why many homeowners have trusted us, and you should too:
If you’re wondering how to get a rental appraisal, My Money House is here to help. Our experts can provide a professional evaluation of the right rental price for your property. We provide detailed reports and personalised advice, which helps maximise rental income and attract quality tenants. Let us help you unlock the true potential of your investment property.
Contact us to learn more about our rental appraisal service.
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My Finance House Pty Ltd (ABN: 93 152 933 027) and its advisors are authorised representatives of Australian Finance Group Pty Ltd (ABN: 11 066 385 822) ACL: 389087. My Property House Pty Ltd (ABN: 95 546 970 124) holds corporate licences in SA (RLA258698), VIC (075837L), NSW (10023837), QLD (3734768), WA(RA77978). My Insurance House Pty Ltd (ABN: 98 617 730 506) is a corporate authorised representative (ASIC: 1252983) of Wealth Today (ABN: 62 133 393 263) AFSL: 340289. My Planning House Pty Ltd (ABN: 67 250 050 701) is a referral partner to BAM Financial Planning (ABN: 38 243 277 188) who are a corporate authorised representative of RI Advice Group Pty Ltd (ABN: 23 001 774 125) AFSL: 238429. My Accounting House (ABN: 93 989 069 265) is a referral partner to B.Battistella & Associates.
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