You have 0 free articles left this month.

Increase your rental yield for just $30

03 OCT 2014 By Reporter 2 min read Investor Strategy

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.

Want to see more stories from trusted news sources?
Make Smart Property Investment a preferred news source on Google.
Click here to add Smart Property Investment as a preferred news source.

Free investor loan check

 
 

Better property decisions start with smarter lending.

A free 15-minute finance check for property investors.

15 minutes Free No obligation

What are your lending goals?

Choose a goal to request a callback.

Ready to talk?

Book a 15-minute call →

RELATED TERMS

Yield
Yield is defined as the earnings that were generated and realized on investment for a specified period.