Maintenance and property upkeep can be a nightmare for many owners in and around Richmond. For instance, unexpected appliance breakdowns, forgotten routine maintenance, and unusually harsh weather can all lead to maintenance problems that eat into profit. Fortunately, there are proactive ways to reduce costs over time, including scheduling routine upkeep, investing in quality supplies […]
Tag Archives: increase rental property roi
17
Aug
Aug
Rental homeowners will come to a point where their properties need repairs or renovations. However, with high materials costs and a limited supply of materials, landlords may find it difficult to create and stick to a budget for a renovation. Luckily, there are several improvements you can make to your rental that won’t break the […]
15
Dec
Dec
For rental property owners, maximizing your investment is the goal. Sometimes, this involves remodeling, upgrades, or even home additions. For example, one common question investors have – “is it worth it to add a finished basement to a rental?” While this is one upgrade with excellent ROI potential, the cost can sometimes be out of […]
13
Jan
Jan
Budgets and ways to cut expenses are on the minds of landlords now more than ever. Everyday upkeep alone can chip away at profits. As rent increase freezes are set to stick around for the foreseeable future, spending capital on large scale renovations may not be possible. That said, there are times when a modest […]
02
Nov
Nov
Appealing to a wide variety of potential renters is key to the success of landlords. When considering a remodel or design change, it is important to realize that not everything that works in your own home is ideal for a rental. In fact, modern design trends can prove either profitable or a disaster in […]
22
Oct
Oct
Success in the rental industry depends on many factors, one of which is attracting great tenants. Adding to a rental property’s value through upgrades benefits both owners and tenants. So, how do you know which upgrades will produce the best return on investment? Join us below as we discuss the top upgrades that both […]
15
Oct
Oct
Setting rental rates for your investment property is integral to obtaining a good ROI. However, determining the rental price is not solely up to the owner. Actually, setting the right rent depends on several factors and considerations to best suit your goals. So, below we help you better understand how to set the rent, […]
26
Aug
Aug
Realtors often say that kitchens sell homes, well, they also rent them. The kitchen is the heart of any home, and it is also one of the most expensive to renovate. There are many ideas for inexpensive kitchen updates out there, along with plenty of options to fit any budget. Join us as we […]