Community of investors and landlords parking lot, garage, box, cellar, warehouse, shed, store roomβ¦
Boosting profitability
Boost its rental profitability in the real estate of car parks, garages, boxes, cellars and warehouses. Find in this category all our advice to increase your income.
Knowing how to estimate the sale price or the rent of your car park is very important, but for this reason a few parameters are important. Indeed, each car park has its own specificities, which complicates the estimation and makes the study difficult. This step is essential to have a good positioning on the market in order to find the right tenant or buyer.
It is necessary to define the specificities and the advantages of your location :
You must understand that the price depends on the market, more precisely on local supply and demand. This differs according to the particularities or characteristics of the site to be rented or sold.
Owner of 7 parking spaces and garages, Christophe explains how he has boosted his rental yields with a few tips. In this article, we will present his rental strategies that really work.
I am lucky to have found good deals that allow me to get a very good return on investment. The Platinium members π of the club can see my accounting results from the exchange platform. Some members have come up with great ideas to make more money legally. So I looked at my situation and thought about a strategy to further improve my rental income.
What’s the first trick you’d like to share with us