Whether you have just purchased a property that you want to turn into a rental or you have been renting out a home for several years, you may want to look into home additions that can increase the rental value. Although it depends on unique details regarding your property, your best bet to maximize the increase in rental value is to invest in a new bedroom over the other options that are available. Rent Out a Two or Three-Bedroom Home If you have a one or two-bedroom house to start with, you will benefit greatly from adding an additional bedroom. It is not ideal to add an extra bedroom to a property with three bedrooms, mainly because most people who are looking to rent a home do not want or need a four-bedroom property. If you have the funds and want to maximize your rental income, you could even take a one-bedroom...
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5737 Hits