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.