We also like properties which are either tenanted securely or that have multiple tenants. For us, securely tenanted properties mean those with long-leases and/or quality tenants like government agencies. Multi-tenanted investments, like homemaker centres and suburban office blocks, have been star performers over the last few decades. Self-storage complexes, which might have up to 1000 storers paying monthly rent, are the gold-standard for providing reliable income. Although numerous tenants increase the need for management, having multiple sources of rent spreads the income risk. The property might lose one tenant, or maybe more than one. If there are numerous tenants, though, the property can still generate an income. And of course, if a property’s income is reliable, the value of the property, and the investor’s capital, is more likely to remain intact and in fact grow.

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