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Updated almost 6 years ago,
YOUR OPINION: Best way to get rental adds on a single family unit
I am currently renting a single family home and the new school bond has made my profit disappear. I have been thinking of adding a pole building garage so that I can justify a large increase of rent.
Issue is the family I have in the unit have been there for 5+ years and have not been showing signs of leaving anytime soon.
Do you think that this is a good avenue? It will be about a 10k investment into the property but I should be able to increase the rent around 300 each month and gross a 350-400 a month profit.
Any other suggestions are greatly appreciated!