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15 Ways To Increase Property Value
video management, video solution, video streamingHey Terry here,
I wanted to share with you the top 15 ways to increase property value. I kept it short and sweet for you with bullet points 1-15 instead of a bunch of fluff… I figured you’d appreciate that!
Income Producing Property
1. Raise rents
2. Add laundry equipment and vending machines and other income sources
3. Rent appliances to new tenants on a monthly basis
4. Property improvements like unit renovation, landscaping, adding perimeter security, exterior decorating, paving, etc.
5. Have tenants pay more utilities
6. Lower expenses like insurance, protest property taxes, lower vendor prices, labor costs, etc.
7. Tighten collection process to reduce lost rents
8. Fill up all the units and create a waiting list
9. Build more units on the property
10. Protest property taxes
Vacant Land
1. Change zoning to higher use
2. Get plat approved by all regulating agencies
3. Build on it
4. Cell Phone Towers
5. Exterior Storage
To learn more simply click the link below and let’s get started:
