How To Increase Your Revenue & Decrease Your Expenses | Complete Video

 

 

 

 

How To Increase Profitability Of Your Investment Property


Part 1
 

1. Raise Your Rents
 
  Part 2
 


 
2. Short Term VS Long Term Tenancy
- Check Out 3 Things to Consider If You're Buying an Airbnb :
 

3. Consider Adding on Storage
4. Implement Pay Parking
5. Coin Laundry 6. Consider Renting Out Garage
7. Increase Density inside of Rental Unit - Adding a Garden Suite - Legal Duplex Conversion
 

8. Private Lending How To Bring Your Expenses Down

Part 3
 

- Insurance
- Consider adding efficiencies
  •  Low flow toilets
  •  Low flow shower heads
  •  Adding extra insulation
  •  Change windows
Part 4  
 

 Consider Self Management vs Property Management
  •  Partially Managing and;
  •  Partially Managing the Outsourcing Property Management Component
  •  Finding a Tenant Component and Manage Property on a Monthly Basis
  •  Consider Interest Only Options Which Will Bring Down your Payment
  •  Consider Increasing Your Ammortization
  •  Bi-Weekly Payments Instead of Monthly Mortgage Payments