That said, weigh the cost of renovations against the potential increase in appraisal.

Your best option may be to increase the rent to cover the additional expense.

It was a 50% of one months rent and a $100 increase in rent. 

The home in mn over 20 yrs averaged 2.8% increase per year.

And as time goes by, rents will increase and your income will look better and better.My first investment in 2004 made $35 more than the mortgage.

Now with higher interest rates, and slower sales, the profits are being squeezed, thus an increase in risk for the potential flippers. 

Managing rentals isn’t for everyone, especially after dealing with bad tenants, challenging property managers, and increasing costs.

Increased revenue and decreased parking demand allowed us to carry income-restricted units as well.We originally planned on spinning it out into a brand, but we never had the bandwidth to do so.Our largest hurdle has been education as most of our tenants are coming in to rent traditional units.Investors did not love it. 

You can add different ways to reach out to improve your conversion for owners you are hitting or you can increase the amount you are sending. 

By prioritizing five-star reviews, I built a strong reputation, which led to increased bookings and higher profitability.