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You know how when you see investment properties for sale, sometimes you’ll see the term added value? Usually this implies the purchase price may be at a reduced rate because there are improvements that can and should be made to make the property more profitable.
Added value also means there is an opportunity for new rental property owners to apply their own business strategy and knowledge that may have been lacking from the previous owner.
In this podcast episode, we are discussing what to focus on to add this value to your properties, not only for your own business strategy, but also in case you ever plan to sell your rental property and want to receive top dollar.
Specifically, we are talking about improvements you can make to the exterior, interior, and behind the scenes with your business strategy that could 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
👉 The Solar Path Lighting We Use
👉 Fake Security Camera’s, Available in Black or White, 2-Pack or 4-Pack
👉 Perfect for Rentals: Charbroil Electric Grill
👉 LED Retrofit Recessed Trims by Feit Electric
👉 Replace Your Deadbolt With a Quickset Halo Smart Entry Keypad
👉 EP51: The Hidden Dangers of Using Cash Apps to Collect Rent
👉 The Best Newbie 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
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