Property owners have many decisions to make when putting a rental on the market. Whether to offer it furnished or unfurnished is just one of the questions that comes up. There are pros and cons to both options and landlords should weigh them up when deciding which way to go. Knowing whether to include furnishings with your rental can be a tough question to answer.

“Engaging an agent not only saves owners money but also preserves their valuable time. "Managing day-to-day tasks like rent collection and tenancy matters, as well as dealing with occasional disruptions such as maintenance issues or tribunal affairs, can quickly become a full-time commitment," says Mr. Simpson. Most individuals lack the spare time necessary for such endeavors. A proficient agent, equipped with pricing insights, leasing expertise, negotiation skills, and a network of maintenance contacts, can significantly reduce costs and boost annual profits for property owners.”

Becoming a landlord may appear straightforward at first glance, but effectively managing investment properties demands the mindset of a seasoned business professional.

Depreciation is a valuable asset at tax time, aiding your financial bottom line. Just as wear and tear on a car used for generating income can be claimed, so too can the depreciation of your investment property against taxable income

Insurance covers a wide range of aspects, from homes and cars to vacations and pets. Some individuals stockpile insurance policies akin to canned goods in anticipation of the worst, while others prefer to take their chances and deal with the consequences later. As a property investor, your primary goal is likely financial security.

Many individuals perceive the process of renting a property as straightforward: locate a place, submit an application, sign the necessary documents, move in, and commence rent payments. However, in reality, it entails a degree of complexity

A good property managers job is to manage investments properties for landlords, maximise their return on investment, provide professional advise for continued future financial growth and to maintain good relationships between all parties involved