Many investors are not interested in making updates or improvements to rental properties, and who could blame them? The goal of investing in property is to make money. Any capital or rental income infused into a rental home is money out of an investor's pocket.
It is for these reasons that when making improvements or updates to a rental home, it is very important to make sure that the return on investment (ROI) will be maximized, and paid over and over again.
Here are some simple ways to increase value:
- Add a carport
- Put on a coat of fresh paint
- Add a new front and storm door
A Humble Carport Can Yield a 100% Return!
