S02, E18 Top 5 Key Considerations When Selecting an Investment Property in South East Queensland with Carolyn Jansen, Principal, Luxe Property Management
Update: 2024-12-19
Description
In Part 3 of our Property Investment Series with Carolyn Jensen from Luxe Property Management, Christine and Carolyn discuss what should be front of mind when selecting and maintaining an investment property in South East Queensland, given its unique climate and property market nuances.
Key takeaways include:
- Climate-Specific Features: Carolyn emphasizes the importance of air conditioning, cross-ventilation, and mold prevention strategies, especially in humid coastal regions.
- Property Maintenance: Regular inspections (every three months) are crucial for addressing issues like mold, salt air corrosion, and garden upkeep. Carolyn suggests including maintenance costs for pools and gardens in rental agreements to ensure consistent property quality.
- Coastal Considerations: Properties near the coast face additional challenges, including quicker wear on appliances and furnishings due to salt air. Carolyn recommends routine inspections and collaboration with maintenance professionals.
- Understanding Market Nuances: Knowing local factors, like how property positioning affects airflow and sunlight exposure, can impact property selection and rental potential.
- Tenant Engagement: Frequent communication with tenants helps identify and resolve issues early, improving tenant satisfaction and protecting property value.
This episode provides valuable guidance for investors looking to maximize their returns in Southeast Queensland’s property market. To learn more about selecting the right investment property for your investment goals schedule a complimentary and obligation free consultation with Christine Mount at https://app.squarespacescheduling.com/schedule/275ff566
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
