Home News Property maintenance

Property maintenance

Font size :
Q.   I own an investment property and am looking for ways to save on maintenance. Do you have any tips on how I can reduce expenses without compromising my relationship with the tenant?

A.   There are many ways you can cut down on costs around the property to help increase your rental income and keep more money in your pocket. You could offer additional maintenance services, such as mowing and garden maintenance. This way you can charge more for rent and by doing the work yourself, you save on paying someone else to do it and the property also stays well maintained. 

It is also important to fix any maintenance issues or repairs straightaway. Small problems that aren’t fixed often become big, expensive problems. Get multiple quotes for any repair work. Analyse and consider what each quote is offering to provide. Finally, create good relationships with tradespeople. If you can develop a good friendship, it may give you advantages down the track.

Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker

Mortgage News and Articles

New social housing aims to transform Ivanhoe Estate New social housing aims to transform Ivanhoe Estate

The sprawling redevelopment aims to boost the supply of affordable housing in Sydney Read more

A new suburb will be built in west Melbourne A new suburb will be built in west Melbourne Mount Atkinson will become home to more than 22,000 people over the next 15 years ... Read more

Surging house prices threaten liveability in Melbourne Surging house prices threaten liveability in Melbourne Analysts warn the city could become just as unaffordable as Sydney, if property trends continue ... Read more

More Aussies would benefit from regional hubs linked to cities More Aussies would benefit from regional hubs linked to cities Shorter commutes could spur higher home sales in regional towns, analysts say ... Read more

More mortgage news and articles

Sponsored Links

Sunday, Aug 20, 2017
Top Featured Rates
Top Bank Rates

Get help choosing the right home loan

Let us help you find the right home loan for your needs.

Tell us a bit about your circumstances:
  • Purpose of mortgage
  • Household Income
    $
  • How much do you want to borrow?
    $
  • How much deposit do you have?
    $
  • How much is your house worth?
    $
  • How much do you still owe on your mortgage?
    $
  • What type of mortgage do you have?


  • How much is your new home?
    $
  • How much do you want to borrow?
    $
  • How soon do you want a mortgage?
Next
  • First name
  • Last name
  • Where do you live?
  • Phone number

Special Offers

Related Keywords