Multifamily rental renovation ROI

Owning a rental property makes you a Real Estate Investor.
Here are some investment strategy tips on how improvements can affect your investment.
Improved Properties Increase Rent – Which will increase your cash flow.
Improvements are Tax Deductible.
Improvements Increase Property Appreciation.
Each improvement that you make to your properties will be funded by your tax deduction and will increase your rents.
But at the same time you will have also increased your property value, equity and your net worth.

Plus, better quality buildings often mean less vacancy and better quality, longer staying tenants. Better quality tenants greatly reduce your expenses.

Author:

Joe White

Joe White is a Philadelphia Property Manager and Real Estate Broker. He is the owner of Grow Property Management and has been involved in the management, sales and purchases of Philadelphia area rental investment properties since 2008. He is an author and works as a real estate investment consultant and construction manager.

View all posts by Joe White

Leave a Comment