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Which trades people might you contact to help increase

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Reference no: EM133294012

Case: You are meeting with a landlord to discuss improvements to a residential property they own. The property has been untenanted for approximately 63 days each year, and the landlord wants to increase the number of days where the property is tenanted. You conduct an inspection with the landlord and note the following:

Driveway concrete is broken and uneven
There is no garage and carparking is tight, with a small carport which suits a small sedan or hatchback
The paint is falling off on the eaves and some gutters are missing
The front garden is overgrown
None of the bedrooms have an en suite or built in robe
The kitchen is new and modern, with new benchtops and coloured glass splashback
There is a large open plan kitchen/dining area which extends to a light, bright lounge area
There is a separate study with large bay window which currently overlooks the overgrown garden
A large shed is in the backyard but this is currently filled with the landlord's property and is off limits to tenants
A number of internal doors stick when opened or closed

a). What advice would you give to the landlord to help increase the rent achieved for this property and improve the occupancy

rate? Consider factors related to renewal patterns, maintenance timelines and cyclic maintenance, and strategies to

increase tenancy renewals.

b). If the property rent is $380 per week, what is the financial loss for the landlord of the property being untenanted for 63

days in the year?

c). As property manager, which trades people might you contact to help increase the appeal of the property, and how would you locate and communicate with the trades?

Reference no: EM133294012

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