Owning a rental property can be a lot of work but wise management can keep it profitable for years to come. Whether you’re new to the game or an old veteran, these 6 modern features can increase property value as well as make it more comfortable for residents.
If your rental property doesn’t have Wi-Fi yet, better install it quick. Wi-Fi has become the standard for homes and businesses and if you want to stay marketable, a strong Wi-Fi signal is a must.
However, partnering with a low-quality Internet service can actually hurt, rather than help, your marketability.
Here are the top 10 service providers of 2017, according to Top Ten Reviews:Top Ten Reviews:
2. Time Warner Cable
8. Cable One
2. Solar-Powered Water Heater
Conventional natural gas or electric water heaters can be a substantial monthly expense. More importantly, they can make up a big part of your carbon footprint, too. Investing in a solar-powered heater is a one-time outlay that saves on both money and pollutant emissions.
3. Home Automation
If you’re installing a solar-powered water heater, why not go one step further with home automation? Home automation devices like smart thermostats, smart lighting and smart HVAC can save energy, reduce a home’s carbon footprint and boost property value.
4. Home Surveillance
Home security systems, like those offered by ADT, Frontpoint and Armorax, should be next on your list of value-boosting property enhancements. With features like cameras, motion sensors, alarms, 24-hour surveillance and easy-to-use controls, they can protect your buyer and your reputation.
As you compare companies, keep in mind that although…
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