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Why Home Owners are Renting Their Properties Fully Furnished in Sydney

Property owners are increasingly looking to the past when deciding how to rent their properties. Why is this such a popular choice? For many landlords, renting furnished properties just makes sense and Furnished Properties Pty Ltd is a good place to begin. In recent years, more property owners have been opting to rent furnished rather than unfurnished properties in the same way that the earliest landlords would let furnished rooms or apartments. Today, furnished properties offer so much more than a small bedroom and sitting area, however. In fact, furnished properties can be among the most luxurious rentals available and can significantly increase the return on your investment.
Fully furnished apartments or homes are move-in ready, which makes them extremely popular with tenants. They include sofas, tables, beds, chairs and fully outfitted kitchens. They also usually feature refrigerators and other essential kitchen appliances, washing machines, dryers and air conditioning. Entertainment options such as LCD TVs, DVD players and iPod docks can make your home especially attractive as can on-site parking, barbecue facilities and other amenities.

One of the biggest reasons for renting your property fully furnished is financial. The upfront costs may be higher as you choose furnishings, entertainment and decor, but a furnished property can bring higher rents. Many people are happy to pay more for the convenience of moving into a fully furnished apartment or home and to avoid the stress and expense of having to choose, purchase and move their own belongings into the property. Short-term rentals of furnished properties can bring in even more income as the prices can increase along with the market. Furnished properties can bring an extra 50 to 100 percent income compared to unfurnished properties.

The financial benefits continue at tax time. The furnishings of your home or apartment depreciate over time, and these depreciations can often be written off quickly. This allows you to immediately reap the benefits of your investment and continue reaping the benefits over the life of the apartment as you redecorate, upgrade or improve.

Another big advantage of renting your property fully furnished is that you will have a ready-made flow of potential clients. Furnished apartments and homes are often the preferred type of lodging for those who are on holiday, corporate travellers, expatriates and students as well as people who are going through major life changes. Short stays can give you more flexibility in your contracts, and you will be easily able to evaluate, update or upgrade your properties features whenever you want.

There are other advantages to renting your property furnished. You can attract high-quality tenants who want to avoid long stays in crowded or uncomfortable hotel rooms, professionals who are happy to pay top dollar for quality and comfort or families who simply want a more home-like place to stay when travelling, moving or needing short-term accommodations.

You can expect less damage to your property since these tenants are unlikely to be looking for a long-term home but instead a home-away-from-home and will not be hanging pictures or rewiring the home. They are just as unlikely to damage doors, walls and carpets moving heavy furniture in and out of the home.

With all the pros, there are inevitably a few cons to renting your property fully furnished. Your property will still require regular maintenance, and you will also need to consider additional costs, such as electricity, cable and insurance. FurnishedProperties.com.au can make the entire process easier for you. We have a simple, step-by-step process that can get you started and help you prepare your property for proper staging.

With our help, you can be ready to enter the market faster than you imagined. We have been offering our own properties for more than a decade, and now we are extending this same opportunity to landlords who prefer an elite client base that includes relocation agencies, corporations and private individuals who are seeking the comfort, luxury, amenities and space that only a fully furnished home or apartment can provide.