Phase 10 – Post settlement:
Your property is now settled and your property manager will now be trying to secure a tenant for you, if you don’t already have one. Your property manager will be in frequent contact to update you with their progress and to discuss with you your asking price per week and how it is reflecting in the market.
Once your property manager has a tenant for you they will organise the leasing documents to be signed by you and they will coordinate the other necessary steps directly with the tenant/s; such as receiving bond cheques.
Please let Solid know the rent per week achieved once all leasing documents have been completed. We will then update your Property Investment Analysis (PIA) report to reflect accurate figures of your investment property and this will be sent to you for tax withholding purposes.
Solid will update this report for you each time your rental figure changes, please ensure you update us of this.
The final step is for us to ensure that all the defects have been rectified by the builders and we are confident that there are no other outstanding items to be completed.
Congratulations, you have now settled your investment property, secured a tenant and have all your reports organised for your tax withholding and depreciation. Your property investment journey has begun.