Friday, November 21, 2008

Are you maximising the return on your investment?

Are you maximising the return on your investment? Landlords can look forward to excellent returns on their investments in coming years as the high demand for rental properties continues to outstrip supply across Adelaide, Melbourne, Brisbane and Sydney.
The current market is offering an ideal time for astute buyers to acquire investment properties.
With the rental market as tight as a drum, rents are being driven higher than we’ve seen for several years right across the board.  Industry forecasters are predicting this trend will continue well into the next decade, so now is the time to ensure you’re doing everything you can to maximise the return on your investment.
It’s well worth spending the time now to make sure that you are receiving the maximum return.  It’s amazing how even a relatively small saving in each of these areas can add up, resulting in more money in your pocket or a step towards buying you next investment property.
? Review your mortgage – call a mortgage broker to see if you are getting the best deal you can.
? Get the right rent – regular rent reviews are very important to make sure you are getting the right rent.  A Toop representative can advise you on the best return you can expect in the current market.
? Repairs versus Improvements – seek professional advice on the best way to claim deductions for repairs or improvements to your         investment property.
? Claim the right deductions – many investors don’t claim all their possible deductions - you could be missing out on thousands of             tax deductible dollars!
? Manage your risk – we strongly recommend landlord  protection insurance which is tax deductible.  This covers you against accidental damage, loss of rent, legal expense and public liability.
If you’d like to know more about the asset management Toop’s can provide to you as a landlord, call our award winning team today on 8362 8888.

Ian Darbyshire, CEO
 
www.toop.com.au <http://www.toop.com.au>
 
 
© Toop Real Estate Group

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