Adding Value to Your Rental Property for Appeal and Profitability

Description

Ever seen the term "added value" when searching for rental properties to purchase? Usually this implies the purchase price may be reduced because there are improvements that can and should be made to make the property more profitable. Sometimes its physical updates, sometimes it's an opportunity for new owners to apply their own strategy and knowledge

In this episode, we are discussing what to focus on to add this value to your properties, not only for your own business strategy, but also so you can receive top dollar when you sell.

Specifically, we are talking about improvements you can make to the exterior, interior, and with your business strategy to make a big difference to your tenants and ultimately, your bottom line and profitability.

LINKS

👉 Episode 18: 7 Ways to Increase Profit for Your Rental Property

👉 Solar Path Lighting

👉Fake Security Camera’s

👉 Charbroil Electric Grill

👉 LED Retrofit Recessed Trims

👉 Replace Your Deadbolt With a Quickset Halo Smart Entry Keypad

👉 EP51: The Hidden Dangers of Using Cash Apps to Collect Rent

👉 Landlord Management Software: TurboTenant

👉 EP28: The Cash Reserves Blueprint: Protecting & Expanding Your Portfolio

👉 EP39: 50+ Must Ask Questions When Hiring a Property Manager, Pt 1

👉 EP40: 50+ Must Ask Questions When Hiring a Property Manager, Pt 2