How To Provide More Income From Your Rental Property

• Lower you water bill replace toilets with low consumption models. Replace shower heads with low flow units. Fix dripping/leaking faucets. Remove outside faucets saving water from washing cars, watering grass and children playing in the water. Put a clause in lease if water bill exceeds a certain amount the tenant to pay the difference.
• Charge for the garage use twenty five dollars extra a month is common.
• Make clause in lease that tenant is to mow grass and maintain yard and shovel snow on walkway. This will be a significant savings.
• Charge late fees and make tenants aware you have every intention to do so. Anything after the 5^th of the month and a fee on past due amounts is reasonable. This can be a significant amount as many get paid certain days and are always late.
• Charge rent for appliances i.e. washer/dryer.
• Make improvements to the property with the goal to raise the rent. Trying to get your property into the premium rental market.
• Consider offering the property as a rent to own. A tenant will pay up to $300 more a month towards down payment over 2-4 years. Actually some after the 2-4 years change there mind and forfeit the money they were additionally paying. This happens often usually 50% of the time. People choose to move to another area or decide to get a different house.

User Comments

Related Articles

• Vacation Home Owners Tax Breaks
• How To Evict A Tenant
• View more articles in the Vacation Rentals category

Most Popular Articles

• How to quickly become the top ranking realtor on Google (104 page views)
• SEO Forum Signature Links (94 page views)
• Effective Website Development For Increasing SERP Ranking (35 page views)
• Utilize Google Analytics & Key Word Tool to Optimize Your Website (32 page views)
• Targeted Traffic Can Be Achieved With Anchor Text (32 page views)
• How To Evict A Tenant (31 page views)
• The Truth About SEO – Best Practices (31 page views)
• Ten Easy Ways To Green Your Home (30 page views)
• Losing Earnest Money (30 page views)
• Homeowner Default Options (30 page views)

Contact us today to improve your online marketing

We're in the Daytona Beach, Florida area, but we work with people across the globe.

Want a free web services quote? Click Here