How do you boost your rental yields ?

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.

Why did you seek to boost your rental returns

I am lucky to have found good deals that allow me to get a very good return on investment. The Platinium members 💎 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

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Experience with a delinquent bad payer

We share with you Christopher’s bad experience with a high-flying bad tenant. This article is also an opportunity to give you tips and advice to help you manage this kind of situation.

To rent a parking space or a garage, an owner is ready to do anything thinking only about profitability. It’s human to want to rent all your spaces at all costs to reassure yourself. But when a badly paying tenant arrives in your environment you have to be firm and very reactive to get out without too much damage. All landlord investors know that there are more and more “bad payers” on the market. This term broadly defines any tenant who will make you suffer from rent payment problems (late payment, non-payment, degradation, illegal occupation, etc…).

💡 Did you know that ?

Speed should not be confused with haste, especially when there is money at stake.

Unfortunately, a wise member of our club got screwed. By what we can define as an expert in bad payment or even an expert living in the hooks of the French society ; knowing many methods to deceive people… Any experience, good or bad, is good to take in order to move forward and learn from one’s mistakes. It seemed essential to us to tell you about this extreme case.

The first phone contact

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