Best Ways to Increase Rent: New Sources of Rental Income
Source: Landlord Gurus
A great way to boost rental income from your properties is to create additional revenue sources on top of the normal monthly rent. Some landlords are already providing facilities for free that they could start charging for. Others are creating new or additional spaces, such as a parking space rental or an accessory dwelling unit (ADU) rental, that would require some investment but would pay off in the long run. Let’s take a look at some of the new ways you can make an extra income with your rentals.