If you’re investing in property, then you want your investment property decisions to be a smart move.

You want to get off on the right foot, you want to buy investment properties that are going to generate you money and a great return on investment.

Though getting a great return on investment is never guaranteed in property, there are some smart moves that you can take as a property investor to put you in a better position and give you a better chance of getting that return on investment that you want. So let’s have a look at three different things and let’s see if we can’t help you make better investment decisions.

In this current market, if you’re a property investor there are 3 moves you could take right now.

  • Pull Out Equity

The lending standards of the banks are becoming more stringent. Interest rates are rising as property prices are declining. Consider taking equity out now if you can and place it elsewhere that won’t cost you anything, like a redraw or an offset, where you will always have it. When opportunities do arise, you’ll be able to act more quickly because this is the kind of market where they do appear quickly.

  • Increase Rents

Both rents and interest rates are rising everywhere. Increase your rent as much as you can to maximize your return. Right now, cash flow is the key to success. When you have a greater revenue from your portfolio, your bank will appreciate you.

  • Consider Alternative Strategies

If the market appears to be slowing down, think about using other strategies. There are businesses or individuals that will pay you two years’ worth of rent upfront for the chance to lease your home. That might be a useful cash flow boost. Another option might be to purchase CBD apartments in an effort to increase cash flow. With rental yields of 10%, this would be a wise choice. Although the capital growth won’t be as high as with other investments, the instant income can be quite helpful right now.

These 3 investor moves are great advice, however, don’t go into it blindly.  Making the right investor moves comes down to your personal situation and goals.  

Just one idea could spark your return to the market, or on your way to your very first investment.

For more information on smart investing, Schedule an Obligation Free consultation. At Micah Finance Solutions, we thrive on providing tailored financial advice to see you succeed.