7 Ways to Increase Profit for Your Rental Property

Send us Fan MailWho doesn’t like to earn more profit??We have given A LOT of examples of small items you can implement in your rental property business that will pay off BIG at the end of the year.Many of these suggestions do not take a lot of time or management but some do take some cash to get them up and running.  However, if you are setting aside cash reserves, THIS is what you want to use some of those funds for!If you want to be a successful rental property owner, you MUST start to think like a businessperson and create multiple ways to add income to your bottom line.When you go to sell your property and scale up to bigger and better units, these profit boosters will really help close the deal!Give this episode a listen and see what suggestions we make that fit into your rental property business plan. LINKSSuncast BMS2000 Vertical ShedWe added a few of these to the back area of our 6-plex recently and charge $35 a month for tenants to rent them.  The rent pays them off in less than 8 months and then it’s 100% profit as long as they stay rented.We did not need to hire anyone to assemble, they were fairly easy to DIY! The units do not come with any shelving, so we cut a few boards for tenants to be able to organize their items easier.  WIN-WIN!Click HERE to read more about these sheds!Purchase our 6-Page Inspection Checklist ($5.00)For properties up to 4 bedroom/4 bath and includes all pertinent areas to be inspected, including the exterior.To date, this product is the only item we charge for. Help support our site while getting a valuable tool you can use over as many times as you'd like!Click here to read more about what is included in the form. Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro's ▪️ Podcast LinksConnect with Us: 🌎 Visit our website 📧 Subscribe to our newsletter.👆 FREE Landlord Forms and Doc’s🤳Text Us: 650-489-4447📩Email us at: [email protected], [email protected] ➡️ Give us a review: Apple or on Spotify or YouTube ✔️Course Waitlist📱 Instagram, Facebook, &  Private Facebook group