Attracting the tenants is easy, finding good ones is the key
With a growing tenant pool and limited supply, the challenge for investors has shifted from finding tenants, to selecting the best ones.
Finding the right tenant can be like finding that rare gem that is worth keeping. (Image source: Shutterstock.com)
With vacancy rates at historic lows across Australia, the rental market has become fiercely competitive.
Prospective tenants are often seen lining up around residential blocks, eager to secure a place to live. This scarcity of available rentals has shifted the focus for property investors from merely finding tenants to attracting and retaining the best ones.
Amidst these challenges, recent developments in rental laws and ongoing economic pressu…
