Increase Your Rental Income - Without Renovations
By Amanda Bouck
This week we're going to talk about increasing your rental income when you have an existing long-term tenant without completing any renovations at the property.
Some landlords say that they don't perform rental increases annually because the allowable annual increase is so small, they just don't care about it.
I disagree.
While the annual increase amount may be small, in the long-term it can add up to several thousands of dollars in cash-flow.
Watch me demonstrate this in a real-life case study, and give you some property management tips on how to manage your rent-increase communications.
I created this training as part of the Income Property Blueprint course, which is a step by step guide walking you through how to purchase your next income property, utilizing a combination of videos, resources, and action items to keep you on track every step of the way!
I encourage you to enroll in this online course as the next step to grow your real estate investing knowledge. Learn More About Keyspire's Courses Here.
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About the Author
Amanda Bouck
Amanda Bouck has been successful real estate investor since 2009. Starting her career in the fitness industry taught her about hard work and dedication to her goals. Amanda was a professional Property Manager for many years and managed a substantial portfolio. Amanda’s husband Marty is a Carpenter and they are an incredible investing team. Their favourite strategies are 2-unit conversions, Flipping, Flip to Yourself, Flip to JV, and Buy and Hold and Joint Ventures. The knowledge Amanda gained over the years with investing, renovations and property management, brought her to the Keyspire team in 2014, where she serves as the Sr. Manager, Coaching & Content.
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Both accomplished real estate investors for almost 20 years, now they have unleashed their personal team of Experts, Coaches and Mentors to train you to achieve your highest level of success.
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