In the process of managing rental properties periodic maintenance/updating is a great way to maximize cash flow. With a minimal investment, often less than a couple months rent, we can completely change the appearance, desirability, and cash flow potential.
Below is an example of our work. When this new client called us, her previous tenants and animals had done a real number on her property. We went in and took out/sealed/kilzed all the old flooring. We proceeded to patch holes, prime and paint. The plumbing was repaired, the shower wall rebuilt and re-tiled. The hole in the ceiling was fixed and new popcorn ceiling texture was blown to match. New carpet, lino, and pergo was laid. The kitchen was brightened, frig replaced, and the property cleaned.
In the end we increased cash flow by over $300 per month for about three months rent. Don’t forget that your investment property value is determined not only by condition but by cash flow. We’ll help with both. Call us today at 303-750-2900
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