If you are an active real estate investor, it is likely you have rental properties.
When getting your rental properties to cash flow, you need to save money whenever you can. If you are just starting out, it is possible to do quite a few things yourself to save on your maintenance costs. Below are some of the things we see real estate investors self perform:
Drywall Patches Between Tenants
(while certainly not a fun gig, if you have the patience, it can save you quite a bit of money)
Mini Bathroom Remodels
If you’re looking at ways that you could possibly look to increase rental rates, consider some upgrades. A little can go a long way to what a renter is seeing.
Renting a carpet cleaning machine from a local vacuum store or big box like Home Depot or Loewe’s.
Curb Appeal like adding mulch can make your rental property more desirable to tenants