Selling real estate rentals isn't like selling houses. You can paint a house, and get a little more because it looks nice. Rental properties, especially larger ones, are different, because they're bought by investors, who look at income more than new paint. Raise the income, and you increase value to investors.
The new fire station replaces the facility at 100 Summit Avenue that opened in 1943.Key findings include:The Haute Dog stand may be a victim of its own success. Raffel said he received a zoning notice from Baltimore County officials this week seeking tweaks to the operation. An Aug. 21 deadline was given to make fixes to comply with the huckster's license he holds.* The Baltimore office market showed signs of growth in the first half of 2011Higher rent isn't the only way to get more income. Storage sheds can be rented to tenants or you could put in a coin-operated washer and dryer. With a larger income property, you could install pop machines.When a lot of people think about having a bigger veranda they think of extending it out into the garden. This is a viable choice but it does take up a lot of garden space and you might not be willing to give up such a big part of your lawn.The Baltimore office of Colliers International released a report this week that reflects what experts there say is a "rebound" in the Baltimore region's office properties market.
This isn't an exact science, and of course appearance and other factors matter. Increasing that net, though, is the surest way to get more for your rental properties. Make the changes at least several months before you try to sell the property (a year before, if possible). Also, learn how do the math - it really does matter with real estate rentals.
Author: Steve Gillman
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