As announced last week, I’ve accepted the challenge to create an additional $100 per month from my 8-unit apartment without raising rents or reducing operating expenses.

As I brainstormed this week, I realized many landlords get into the business to create “passive” income, so I needed to mix this into my thinking. My idea buckets now have four categories:

[table id=2 /]

I then ranked the buckets to help me prioritize my efforts. Here is the summary:

[table id=3 /]

Do you agree with this set up? Let me know… and please do what Kevin Dickson did, send in your ideas.

Thanks for your help.

Follow my progress; subscribe to this blog using the form on the right.