Boost Rental Profits with Clever Upgrading

by Justin Locke
(London, UK)

Instead of watching your rental profits swing up and down with the property cycle, you can take a proactive approach to boost your rental income. Careful upgrading is one time-proven method to drive up the demand and asking rent of your rental property.

Being a landlord who invests mostly in fix-uppers, let me share some tips for maximizing your renovation returns.

If your rental property caters to the mid-high end tenant, then you should consider hardwood flooring. Hardwood flooring isn't cheap but it is highly durable and can give you sizable long term returns - On the average, I enjoy a 10 to 15% increase in rent just by upgrading to hardwood flooring.

Nothing mars the first impression of your rental property more than a dirty and unkempt house. Bathrooms, walls and carpets are hot spots for tenant inspection so pay extra attention to these areas.

If your rental property is yellowed with age and has stains that cannot be removed by ordinary cleaning, you should turn to a professional cleaning company to wipe them out for you.

Another tip: If your former tenant has left your property in a complete mess, you can deduct money from his security deposit to pay for the cleaning charges. Just remember to keep those cleaning receipts.

Comments for Boost Rental Profits with Clever Upgrading

Average Rating starstarstarstarstar

Click here to add your own comments

Rating
starstarstarstarstar 		it NEW
by: Anonymous

Nice post dear. [url=https://freecodesmarket.com/using-colors-in-web-design-to-increase-conversions]using colors in web design[/url]
Rating
starstarstarstarstar 		favourite stuff NEW
by: Hanna

Hey! This is a quite interesting idea. Thanks for taking the time out and sharing it with us. I think that clever upgrading will be quite useful for boosting rental profits. I will try your method and I get to see more helpful ideas from you in future. Besides, for all new posts you may use www.custom-paper-writing.org and be sure in their brilliant quality.
Rating
starstarstarstarstar 		awdawd NEW
by: Anonymous

i like it bosssssssssssssssss
Rating
starstarstarstarstar 		awdawd NEW
by: Anonymous

i like it bosssssssssssssssss
Rating
starstarstarstarstar 		opinion NEW
by: Holly

Hi here! I am Holly. i want to say, that this article contains a lot of cool stuff! Thanks for sharing! And I need to go. I want to order an essay online here - http://best-essays-writers.com/. It is the best essay writing service ever!
Rating
starstarstarstarstar 		jkk NEW
by: Anonymous

I have been in want among is studyfaq legit from the lifetime I wrote my initial paper. It has negative entirely been a infatuation however has forthwith flatter my regularly roll. Acknowledge you for introducing me to thesis employs online alone of which is my boss furthermore I legitimate want what I do!
Rating
starstarstarstarstar 		Good post NEW
by: Verdie Cronin

Hi! You have an amazing niche site!
May I ask to do a favor for me, please? I also have a site (about Halloween Costume Ideas) and it will be great if I cound share one of your article on my blog.

Is it possible? I will link for you as an author! Thanks for answering!
Rating
starstarstarstarstar 		nice NEW
by: Angel Anaa

I acknowledge all that you have added as far as anyone is concerned base.Admiring the time and exertion you put into your web journal and detailed data you offer. Masterpaperwriters.com .
Rating
starstarstarstarstar 		Lexi NEW
by: Anonymous

You have informed posts on your blog and I like that. Unlike other people who only look at online reviews and come up with advice for us, you do your research and provide comprehensive information. Keep at it; there are others just like me who are grateful!
Rating
starstarstarstarstar 		Profits NEW
by: Anonymous

you ought to swing to an expert cleaning paper for sale organization to wipe them out for you.
Rating
starstarstarstarstar 		Boost Rental NEW
by: Anonymous

Nothing damages the early introduction of your investment property more than a messy and unkempt house. custom essay writing service Bathrooms, dividers and floor coverings are problem areas for occupant examination so give careful consideration to these territories. focus on interior design of home.
Rating
starstarstarstarstar 		Boost Rental Profits with Clever Upgrading NEW
by: Anonymous

Buy Essay Online :Do realize that all lodge rental organizations in the Gatlinburg & Smoky Mountain zone are really simply dealing with the rental of exclusive individual properties- - in a manner some of these expenses are a piece of their "administration" charge. I understand this still doesn't take care of the issue however.
Rating
starstarstarstarstar 		Good post NEW
by: Angelina Smith

Hi! First of all, thanks for your site! You have really great articles! May I ask to do a favor for me, please?
I would like to advertise my new project Paperlanterns-Shop on your site, I really love your content and articles and will pay you the amount you want.
I prefer banner ads, but if you could suggest other ways I will gladly review it, please, answer me!

Thank you!
Rating
starstarstarstarstar 		Good post NEW
by: Thelma Farrell

Hello! Many thanks for your site!
Could you help me, please? I want to share your article on my site Paperlanterns-Shop is it possible?

I will link for you as an author! Thanks for answering!

Click here to add your own comments

Return to Share Your Own Landlord Accounting Tips and Advice.