8 Best Rental Property Improvements for Higher Rents

Rental property improvements can range from swapping out carpet for luxury vinyl flooring, all the way up to building out brand new bedrooms and bathrooms. But even if you aren’t an experienced contractor, there are still a few ways for you to boost your rents (and your property’s value) with some simple upgrades.

Lauren and Kyle talk through their eight favorite rental property upgrades and which ones can have the most bang for their buck. Not only does upgrading a rental property help you create real estate equity, it also helps you raise rents, get higher quality tenants, and stand out in a market where competition may be high. Make it a point to accurately calculate renovation costs and be sure that you aren’t “over-rehabbing” for your specific market.

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Here’s How to Increase the Value of Your Home or Investment Property:
https://www.biggerpockets.com/blog/in...
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12 Home Improvements You Can Make for Less Than $500:
https://www.biggerpockets.com/blog/ho...
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00:00 Get More Rental Bang for Your Buck
01:11 #1: Central Air
01:24 #2: Dishwashers
01:42 Item #3: On-Site Washer and Dryer
01:57 Item #4: Parking
02:16 #5: Additional Storage
02:57 Item #6: Exterior Appearance
03:25 Item #7: Smart Features
04:01 Item #8: Professional Photos