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Updated about 1 year ago, 11/06/2023

User Stats

5
Posts
2
Votes
Vasug Real
2
Votes |
5
Posts

How to increase rentability (high rent) for a condo

Vasug Real
Posted

Hi, I plan to buy a property in Cincinnati. It is a condo priced at $140,000. (980 sq ft) (My mortgage payment comes around $1000 to $1200)
Currently, rents around the area are $1200 to $1500.

If I have to make my property standout and attract huge rents, what are the things that I should look for and improve on the current property?

Paint, LVP (Hardwoord?), Kitchen (new appliance) etc? What is the list and how should I approach it? This is my first time

The apartment is livable and has the bare minimum—carpet, normal closets etc. (Without any need for modifications) and it can rent for $1000

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