Hi All,
Need some advice with the more experienced out there. I have an apartment due for completion soon. It is a 2br, 1 park place in Docklands, called Lacrosse. It is a fairly high end place.
1) My question as an investor - Is it better for it to be furnished or unfurnished?
Given the location and the potential tenants (young professionals etc.)
2) My thoughts are that furnished may fetch higher rents, but the tenant pool may be smaller. Not sure what your thoughts are. Any idea how much extra a furnished placed would bring?
Would appreciate your input, especially those that are currently investors in Docklands.
Appreciate your comments,
Thanks!
Need some advice with the more experienced out there. I have an apartment due for completion soon. It is a 2br, 1 park place in Docklands, called Lacrosse. It is a fairly high end place.
1) My question as an investor - Is it better for it to be furnished or unfurnished?
Given the location and the potential tenants (young professionals etc.)
2) My thoughts are that furnished may fetch higher rents, but the tenant pool may be smaller. Not sure what your thoughts are. Any idea how much extra a furnished placed would bring?
Would appreciate your input, especially those that are currently investors in Docklands.
Appreciate your comments,
Thanks!