Whether or Not to Furnish Your Investment Property

Carli Ziri, the director of Lifestyle Property Agency, is frequently asked by his clients whether to furnish or not to furnish the investment property they just bought. The choice actually depends on the investor’s preference. However, Ziri points out that before making a decision, you need to compare which of the two choices is more beneficial.

Most tenants would want to rent a place that they can customize to suit their taste. Also, furnished properties tend to have shorter lease terms, so you have to consider the money you’ll lose due to vacancy, maintenance, and extra agency fees and the premium you’ll receive. However, if you’re planning to use your unit between tenancies, then it might be better for you to furnish your investment property.

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