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I allow pets, as the types of property i own are not ones that you'd be fussy with the backyards. You will get double the tenant enquiries, longer term tenancies and a marginally higher rent. If you say no pets, they'll have them anyway but just take them for a walk/keep them at a relatives...

The main reason is you don't want a 10% yield with a declining capital base, otherwise your total return is falling and the long term prospects of maintaining or growing your rental return is diminished. Good luck. :)

You want to make sure that besides having a strong yield, the CG prospects are there to keep up/exceed inflation. Key things I look for are: Positive demographic changes - slummy areas becoming nicer over time. Higher than avg. population growth - creates more demand and higher...

I like your style Ryan. As mentioned already, bump up your yield to above 7% and you should be covering all costs and possibly a little left over without factoring depreciation. Client purchases which are CF+ are generally in locations such as Orange, Albury, Wagga, run down properties in...