Save thousands on your home loan
Compare 25+ lenders and hundreds of loans in an instant
I want:
Westpac Macquarie citibank commonwealth bank anz bankwest
finni mortgages logo
google reviews
4.9
star star star star star
Rating based on 147 reviews

×

Increase your rental yield for just $30

Brendan Kelly, Director, RESULTS Mentoring

061014 Brendan Kelly

 {{youtube id="dfoDMlsSZI4"}}

Another example of how you might be able to increase your rental income and provide more certainty in your annual income is to maybe offer a lawn mowing service. Most tenants don't like gardening and let their gardens grow. If you say hire Jim's mowing firm on $30 per mow once every 3 weeks that means it's about $10 a week for mowing. If you charge the tenant$15 a week for the ability to have their gardens maintained then they'll be more inspired to stay there because their life is more convenient but you get an increased rent net effect of $5 a week.

RELATED TERMS

You need to be a member to post comments. Become a member for free today!

Related articles