This Courier Mail article by Viva Hyde. It features LJBA’s past clients, who have outsmarted the Queensland rent scheme with our help. Originally published March 22, 2025. Available here.

Alternatively, you can read this shortened excerpt:

 

Scott Smith and Michaela Krass have found a unique way to outsmart Queensland’s competitive rental market — living the beachside dream while earning an impressive income from two investment properties.

The couple earns $1,300 a week in rental income from two properties in Brisbane, while paying $650 a week to rent an apartment in popular Alexandra Headlands on the Sunshine Coast.

For Mr Smith, 37, a key account manager in the tech industry, and Ms Krass, 27, an emergency department nurse, the decision to become rentvestors was about lifestyle as much a wealth.

Mr Smith self-manages two investment properties. Photo: Patrick Woods.

Renting has given the couple freedom to explore a new region.

While their flexible renting situation is ideal, securing a rental was challenging.

“The market is tough, supply is low, and demand is high,” Mr Smith said.

“Knowing someone who knows someone comes in very handy. I bought my investment through Lauren Jones Buyers Agency, who was very well-connected and helped find fantastic tenants quickly.”

Despite their successful investment strategy, they are careful with rent increases.

“A good tenant is hard to find, so unless owning costs increase significantly, we’ll keep rent steady,” Mr Smith said.

But for all its advantages, Mr Smith said rentvesting required careful consideration and planning.

“Do your research, especially on the property you intend to rent out.

“I manage my own properties, but if you use a property manager, be hands-on and understand the guidelines. Speak with an accountant to stay on top of costs.”

He added: “My biggest piece of advice is to put an incredible amount of effort into finding the right tenants, more than you think necessary — it will make your life a lot easier in the long run.”