It goes without saying that when you invest in a property, you want to get the highest return on investment and make as much money off the property as possible. And how do you make more money on each property? By increasing the rental property value.
Knowing how to increase property value can boost the rent value of your home, allowing you to generate more rental income and put more money back into your pocket. Even if you’re happy with the income your properties are generating now, it’s always a wise investment to look for cheap ways to increase property value; you never know when unexpected expenses will pop up, and you want to have a nice cushion to help cover those expenses without putting you into the red.
Let’s take a look at how to increase property value, charge more in rent, and generate more profit from your rental properties:
In this article, you’ll learn seven ways to spruce up your property and increase the value of your rentals, without putting too much of a dent in your savings account.
Small changes like adding a fresh coat of paint and cleaning up the yard are quick, easy, and inexpensive, but they can have a huge impact on the value of your properties, how much you can charge in rent, and how much profit you can make as a result. Read More
Small changes like adding a fresh coat of paint and cleaning up the yard are quick, easy, and inexpensive, but they can have a huge impact on the value of your properties.
Increasing the value of your rental properties will help you increase the rent. And increasing the rent will help you increase your cash flow — or will it?
It’s not as simple as raising rent. In this article, you'll learn the five underlying reasons you might be experiencing negative cash flow. Read More
Vacancy is a prime time for property damage. When no one is living in your rental property, not only are you losing out on rental income, but you’re also at risk for serious damage to your property (like flooding or electrical fires).
When a tenant vacates, it’s important to take the steps necessary to protect your property until you get another tenant in to rent it. In this article, you’ll learn how to protect your rental properties during vacancies to ensure you don’t accrue any damages — and that your property’s value doesn’t plummet while you scramble to find a new tenant. Read More
Property managers are an invaluable resource for landlords — especially landlords who aren’t on site at their properties on a day-to-day basis.
When you don’t visit your properties regularly, problems can pop up that you’re not aware of. And these problems (like maintenance issues or structural damage) can cause your buildings to depreciate in value. But having a property manager onsite performing regular inspections will help you stay on top of necessary repairs, stay informed about what’s going on with your property, and keep your rental from falling into ruin.
In this article, you’ll learn how hiring a property management company can help protect your investment and prevent the value from depreciating. Read More
Sometimes, value is all about perception. If your rental properties are perceived as valuable by potential tenants, you can charge more rent.
In this article, we share photography tips to make the most out of your property listings and get the most bang for your buck when it comes to renting out your properties. Read More
One of the best ways to boost your rental property’s value is through renovations. But rehabbing a property is expensive, time-consuming, and stressful… or is it?
In this article, you’ll learn seven rental property rehab hacks that will have a huge impact on your property value — without draining all your time, energy, and resources. Read More
For many renters, a kitchen can make or break a property. If a rental property has the kitchen of their dreams, they’ll pay hand over fist to get in there and start cooking.
Kitchen renovations are one of the most impactful ways to invest in your property and boost the value.
But if the kitchen leaves a lot to be desired? It might not matter how great the rest of the property is, because a lackluster kitchen is a total dealbreaker.
Kitchen renovations are one of the most impactful ways to invest in your property and boost the value. In this article, you’ll learn seven simple renovations you can do in the kitchen to boost your rental property’s appeal — and charge higher rents in the process. Read More