Santa Clauses – I mean helpful clauses to insert when you’re buying an investment property.

You’ve just bought your new investment property – wohoo!!  You’ve worked out your rental return, you have an awesome property manager (hopefully!), wouldn’t it be great if you could have a tenant day one of you owning the property to go along with that winning combination? There’s two simple clauses your solicitor or conveyancer can help you word up and insert into your contact which can help with that:

  1. That you retain the rights to use the sales property photographs so that you wonderful property manager can start advertising to find you a tenant now. 
  2. That within reason your property manager can conduct viewings of the property once your finance is approved but prior to settlement to help find a tenant ASAP.

Two simple clauses, that if accepted can see your vacancy levels and overall returns increase significantly.