Cash Flow Friday Tip #14: How to increase your NOI when renting to tenants with pets episode artwork

EPISODE · Apr 17, 2015 · 12 MIN

Cash Flow Friday Tip #14: How to increase your NOI when renting to tenants with pets

from Real Estate Investing for Cash Flow with Kevin Bupp

<span style="font-size:12.0pt;line-height:115%; font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"; mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA">In this week's Cash Flow Friday tip I’m going to share a strategy which I learned from one of our previous guests and have since implemented into a few of my rentals and it’s proven successful.  <span style="font-size:12.0pt;line-height:115%; font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"; mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA">This strategy I'll talk about today is implementing a monthly pet rental fee into your lease agreements in place of a flat fee pet deposit. <span style="font-size:12.0pt;line-height:115%; font-family:"Arial","sans-serif";mso-fareast-font-family:"Times New Roman"; mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA">How does a 10-15% increase in monthly rental premium sound? <span style="font-size:12.0pt;font-family:"Arial","sans-serif"; mso-fareast-font-family:"Times New Roman";color:#111111">Recommended Resources <span style="font-size:12.0pt;line-height:150%; font-family:"Arial","sans-serif"">Download my free success guide,  “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide <span style="font-size:12.0pt;line-height:150%; font-family:"Arial","sans-serif"">Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2 <span style="font-size:12.0pt;line-height:150%; font-family:"Arial","sans-serif"">Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/FGF7S

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Cash Flow Friday Tip #14: How to increase your NOI when renting to tenants with pets

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