In this instructional video, Mendell Gosnell, CPM, outlines six practical remodeling strategies that landlords and real‑estate investors can use to boost rental cash flow. He emphasizes that while most remodels add value, certain upgrades deliver the highest return for the least expense. The first five tips focus on specific improvements: (1) landscaping to enhance curb appeal and reduce vacancy; (2) exterior touches such as welcome mats, porch lighting, new house numbers, and fresh paint; (3) interior fixture upgrades like modern ceiling fans, LED lighting, and updated switches/outlet covers; (4) installing newer (not necessarily premium) appliances; and (5) updating kitchen and bathroom hardware (vanity mirrors, towel bars, toilet‑paper holders). The sixth tip advises investors to study local competition and prioritize upgrades that renters value most, ensuring the property stands out, attracts top‑paying tenants quickly, and maximizes cash flow. The tone is conversational and enthusiastic, aimed at actionable guidance for property owners.
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5 ways to remodel your rental property to increase cash flow today. So there are several things that you can do with your rental property, whether it's a home or a multifamily apartment complex, that you can do to improve your cash flow. Today we're gonna look at a few remodeling tips, things that you can do to increase the cash flow for your property. If you watch to the end of the video, I'll give you an additional 6th tip, so stay, stay tuned for that. Just about any remodeling generally adds value and will enhance the overall appeal and value of your property, but there are some things that just bring more bang for the buck. We've often heard, if you've been in the real estate world for a while, that invest your money in kitchens and bathrooms. That's where you get a really good return for your money. But with rental property, the number one thing that I see as an investor, as a property manager, that really gives you the biggest bang for your buck the least amount of money, generally speaking, is landscaping because that deals right with the curb appeal. And so when you're trying to rent your property, get good tenants to look at your property and to get the most money and rent it the quickest, which again increases your cash flow because the longer it's vacant, the less money that you're going to bring in at the end of the year. So landscape— landscaping, you hear it time and time again, curb appeal, curb appeal, curb appeal. So you want that first impression to be one that's remembered by your prospective tenants. Number 2, exterior appeal. So not just the landscaping, but the things that you do, again, that help set that first impression on your rental property. Things like a welcome mat, things like an external— exterior light fixture on the front porch, new numbers next to the door. Sometimes just painting the door and the surround. Sometimes painting the porch or the steps if it's concrete. Those little touches can add a lot of value in the overall exterior curb appeal and help you rent your place faster to better tenants for more money. Number 3, things on the inside like fixtures, like adding an upgraded ceiling fan or getting rid of the '80s or '90s light fixtures and replacing them with newer, more modern LED lighting, changing the light switches or changing the plugs or the covers. Those little things go a long ways to enhancing the overall appeal of your rental property. Number 4, put in modern appliances. They don't have to be stainless steel, they don't have to be the, the newest slate black, but newer appliances help rent a property faster for more money. And number 5, upgrade the fixtures in the kitchen and the bathroom. If you don't have the money to do a complete overhaul or remodel, a little bit goes a long ways to change out the light bar, to change out the vanity mirror, to make it a little bit newer or upgraded. Towel bars or toilet paper holder, those types of things are really noticed by tenants, very much appreciated, and will help drive money to your bottom line. Of course, there's a ton of different tips. We'd love to hear what you, our listeners and investors, think. Comment down below, engage with us. So, as I promised, here is that 6th tip. When you're taking into consideration the things that you should do to the outside or the inside of your property You really want to look at your competition, look at the things that are most important to the people that are likely to be renting your property, put your money into those things. That is going to be the best tip, the biggest bang for your buck. Making sure that your rental stacks up is— and is best in class against your competition is going to bring the best renters that pay top dollar in the least amount of time, minimizing your vacancy, maximizing your return, and increasing your cash flow. Thanks for watching.
