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b"https://www.youtube.com/watch?v=91qi5Rcfrpk\\n\\n\\n\\n\\n\\n\\n\\n\\nAs a property investors you want to make sure you get the most rent possible so you can get the best return on investment possible. Today we talk about how to increase the rental return on your property.\\n\\n\\n\\n0:00 - Introduction0:55 - Differentiate your property3:33 - Marketing your property better7:36 - Doubling rental income9:10 - Presenting your property well12:00 - Increasing rents over time\\n\\n\\n\\nRental Results - https://rentalresults.com.au\\n\\n\\n\\nRental Results YouTube Channel\\n\\n\\n\\nTranscription\\n\\n\\n\\nRyan 0:00As a property investor, one of the things you want to be able to do is to get your property rented, but also to get that property rented for the best price possible so you can get the best return on investment possible. So today I have with me, Lauren Robinson from rental results.com.au. She's a rental manager. I've been in the industry for nearly 20 years now, and knows a lot about this stuff. And in today's episode, we're going to talk about how can we increase our rental return on our property and make sure that our properties always rented. So hey, Lauren, thanks for coming on today. Yeah, thanks\\n\\n\\n\\nLauren 0:35for having me, Ryan.\\n\\n\\n\\nRyan 0:36Yeah. So obviously, we want to make sure our property is rented and not vacant, because when it's vacant, we're not getting any rent rental income at all. But also, we want to maximize the rent that we can get on a property. So today, we wanted to share a few of those things. So what I guess how many of the biggest tips that you have for how to increase the rental return?\\n\\n\\n\\nLauren 1:00Yes, I guess it really comes back to the type of property of God, but often we find, so things that are ways to differentiate your property would be say, for example, it's a two bedroom unit in a building with 50 other properties. So that's really hard to differentiate yours when they're all sort of very similar layouts, offering the same specs, and it might be a new bill. So what you can, what things that tenants would be prepared to pay more for is typically storage. So thinking about like the over the, over the bonnet of the car storage solutions, or yet or having like maybe a storage option on the balcony that's approved by the body corporate, so often units lack storage. Also, for houses, it's also understanding the type of tenant that that's that it's likely to appeal to, and then the things that they want. So typically, especially in Queensland, it's a conditioning tenants are prepared to pay more for things like dishwashers, fence yards. So we often get asked, Would attendant pay more for ceiling fans? So it really depends, but typically, if if a property was if there was a house, say a three bedroom house, and one had ceiling fans, and one didn't, attendant typically wouldn't pay more for that. But there would be a preference towards the one with the ceiling fans, whereas if it was air condition, they would possibly pay $10 a week or $15. A week more.\\n\\n\\n\\nRyan 2:27Yeah, so there's some certain things that's like, Okay, this will help my property get rented more quickly. So if someone walks in a three bedroom house, in Brisbane, every bedroom has ceiling fans, they're like, okay, check, at least they've got ceiling fans, if you walk into a house, and it doesn't have ceiling fans. It's like, Oh, that's annoying. But look, I can do standing fans, and I can buy it for 20 bucks from Bunnings. And that will be okay. So it's not like a deal breaker. They're not like, Okay, I'm gonna pay more for ceiling fans. But obviously, air conditioning versus ceiling fans definitely, in summer in Queensland, is a very big difference in your living experience. So I can understand why people would be like, Okay, I'm gonna pay $10 more a week or $20 more a week, or whatever it is for air conditioning. So what I'm hearing from you is it really comes down to understanding your property, understanding what people in the market want,"