Maximising Rental Income with Transportable Homes

By MBS
August 27, 2024
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If you're diving into the rental property game or looking to expand your portfolio, you're likely on the lookout for fresh ideas to stay ahead of the competition. That’s where transportable homes come in—they’re a smart, versatile, and cost-effective solution that can give your rental portfolio the boost it needs. Let’s explore why a transportable home might just be the game-changer you’ve been looking for:

1. Time Savings = Cost-Effective Investment

Transportable homes offer a time-saving alternative to traditional builds. The best part? They’re constructed in a factory, which eliminates weather delays and helps you save money right from the start. Because they’re constructed in a controlled environment, you save on labour and avoid those pesky on-site construction delays. Resulting in a high-quality home without breaking the bank, allowing you to maximise your investment from the get-go.

2. Earn Money, Sooner

Time is money, right? With transportable homes, you can start earning rental income faster than with traditional builds. Since they’re built off-site and arrive ready to go, there’s no waiting around for months on end. The quicker your property is up and running, the quicker you can start generating revenue.

3. Make the Most of Your Existing Land

If you’ve already got land, why not make the most of it? Placing a transportable home on land you own can save you a bundle since you’re only buying the home itself, not the land as well. This approach not only maximises the value of your current assets but also provides a cost-effective way to expand your rental property portfolio. If you’re unsure whether your land can accommodate a transportable home, reach out to a duty planner at your local council. They can advise you on the feasibility and the maximum size home your section can accommodate.

4. Flexibility to Grow

Transportable homes offer unparalleled flexibility. They can be placed on various sites, making them perfect for properties with unique layouts or limited space. With clever planning, you can start with one home now and add more later—no need to commit to everything at once. Plus, if you need to relocate, these homes can be moved to a different location with minimal hassle.

5. Reduced Maintenance Costs

Investing in a brand-new transportable home means you’re getting a property that’s good to go from day one. Unlike older homes that often need costly updates to bring them up to standard, a new transportable home is ready for occupancy right from the start. That means fewer repairs, lower ongoing costs, and more money in your pocket.

6. Better Return on Investment (ROI)

With transportable homes, you get a fantastic return on your investment. Lower upfront costs, quicker build times, and reduced maintenance all add up to more profit over time. It’s an affordable, strategic investment that balances initial savings with long-term gains, giving you the best of both worlds.

7. Attractive Rental Appeal

Renters love the modern design and functionality of transportable homes. With so many styles and layouts to choose from, you can attract a wide range of tenants—whether you’re aiming for families, professionals, or students. A well-designed transportable home can really make your rental property stand out.

 

Transportable homes offer a practical, cost-effective, and flexible way to generate extra income while getting the most out of your investment. From quick build times and stylish designs to low maintenance costs, these homes are a brilliant alternative to traditional builds. And if you’ve got land already, it’s an even smarter move.

Want to see how it all comes together in the real world? Check out the video below to hear one of our customers share how he maximised his investment with a transportable home. It’s a great example of how this approach can lead to significant savings and increased returns.

 

 

 

 

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