Improving Cash Flow on Rental Properties as a Landlord
When real estate prices, mortgage interest rates, and rent rates are high, it can be more challenging to generate great cash flow from a rental property. However, it is also more important than ever to do everything in your power to maximize cash flow.
There are 88 strategies for improving cash flow on rental properties, with some of the best are ones you apply as a landlord managing your rental property. This mini-class covers the cash flow improving strategies when you’re a landlord.
Check out the video of this class here:
In this special mini-class for the Real Estate Financial Planner™ coaching program James covers:
- 88 Ways to Improve Cash Flow from Real Estate Rental Properties including the following...
- Improving cash flow by adding additional services
- Improving cash flow by providing desirable done-for-you services
- Improving cash flow by billing back for things you're paying for on behalf of the tenants
- Improving cash flow by tiering rent by credit score
- Improving cash flow by charging pet rent for pets
- Improving cash flow by changing the billing frequency
- Improving cash flow by utilizing autopay
- Improving cash flow by offering a discount for on-time payments
- Improving cash flow by changing the term of the leasing period (short-term rentals as an example)
- Improving cash flow by requiring 60-90 days notice from existing tenants
- Improving cash flow by starting to market your property early for lease and testing higher rent
- Improving cash flow by renewing during peak rental season
- Improving cash flow by requiring tenant's have renter's insurance to protect their personal belongings
- Plus more...