Insights

Here are some tips from Scott Wicks, Director of Archer Gowland, regarding different ways you can generate more income for your Management Letting Rights business (MLR) in Brisbane, Gold Coast or the Sunshine Coast.

All businesses face the necessity and reality of expenses. However, when was the last time you reviewed the expenses in your Management Letting Rights business (MLR)?

A Management Letting Rights business (MLR) is an enterprise that involves the caretaking and letting of townhouse and unit complexes (strata titled properties). There are over 4,000 MLRs operating in Queensland with the majority focussed on holiday letting outside Brisbane.

Archer Gowland has developed a tailored program specifically designed for owners of Management Letting Rights businesses (MLRs) in Queensland.

 Management Letting Rights businesses (MLRs) offer a relatively secure way to invest and earn an income and build a saleable asset while still being "your own boss".