Easy ways to increase your rental income

{{youtube id="qqYpSC1BQi0"}}

An example of how you might be able to increase rent if there's no air conditioning in the property, let's say. Then you might want to invite the tenant to see if they want air conditioning. If they do then you can say "Great, I'll give you air conditioning", and you do so at a certain price increase in rent. So for example, if it costs you $10 a week for two years to pay for the air conditioner you can charge then tenant $15 a week for that two year period. And then sign a two year lease agreement so that there is a pay back period for that person to enjoy it. Therefore you've increased the occupancy rate on a per a mum basis and you've increased your rent.

You’re out of free articles for this month

Log in Sign up

To continue reading the rest of this article, please log in.

Username or Email

Password Forgot password?

Keep me signed in on this device.

If you check this box before you log in, you won’t have to log back into the website next time you return, even if you close your browser and come back later.

If you check the box above before you log in, you won’t have to log back into the website next time you return, even if you close your browser and come back later.

---

or

Advertisement

Advertisement

---

Login with a Passkey

Tags:

• Podcast
• The Smart Property Investment Show

Share