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All Forum Posts by: Cody Sears

Cody Sears has started 1 posts and replied 5 times.

Post: Creative ways to increase income/ROI

Cody Sears
Pro Member
Posted
  • Salt Lake City, UT
  • Posts 5
  • Votes 3

@Masyn Grant Barney I will definitely be looking for that separate entrance basement. There are so many opportunities with that setup! I will also see if my property has extra parking space for an RV/trailer. Thank you for your insight, I appreciate it!

Post: Creative ways to increase income/ROI

Cody Sears
Pro Member
Posted
  • Salt Lake City, UT
  • Posts 5
  • Votes 3

@Wale Lawal I never thought about renting advertising space, I will defiantly look into that. Thank you for your help.

Post: Creative ways to increase income/ROI

Cody Sears
Pro Member
Posted
  • Salt Lake City, UT
  • Posts 5
  • Votes 3

@Alecia Loveless That's smart, I will definitely be adding washer/dryer machines to the property, thank you!

Post: Creative ways to increase income/ROI

Cody Sears
Pro Member
Posted
  • Salt Lake City, UT
  • Posts 5
  • Votes 3

@Sarita Scherpereel That's a great point, I have done some research and building an ADU seems to be more hassle than its worth. I think I will focus more on airbnb and quality of the interior space with great amenities to maximize rental income. Thank you for your help!

Post: Creative ways to increase income/ROI

Cody Sears
Pro Member
Posted
  • Salt Lake City, UT
  • Posts 5
  • Votes 3

Hey Everyone my name is Cody, I am 21 y/o living in SLC, UT and I am just getting into house hacking and real estate investing. I wanted to ask and start a conversation about what additional/creative ways people have used to increase rental income or ROI on a property as a whole (such as ADU, converting garages, Airbnb, certain high ROI rehabs). Especially in today's competitive market, being creative has never been so important!

If you have any ideas please drop them down below and hopefully we can build a long list of great strategies, thank you!

Also If anyone wants to reach out and talk more about real estate I am always open to learn and help any way that I can!