by Al Williamson | Apr 5, 2015 | Defining Ideas, New Income Streams
Are you still operating in a standard landlord manner? It’s okay — long as you’re aware that it’s the least profitable way to generate rental income. You might be surprised that you can easily double your net rental income by moving away...
by Al Williamson | Mar 5, 2015 | New Income Streams
Landlords have got to get with the collaborative economy. Jeremiah Oywang describes the growing sentiment saying “People want to get what they need from other people.” Smartphone apps allow us do far more than share opinions, music, pictures and videos. We...
by Al Williamson | Feb 16, 2015 | Call to Action, Ideas to Boost Equity, New Income Streams
Big time fun at the Mr. Landlord Cruise 2015 to the Bahamas! I had the honor of presenting my thoughts on: 1 – New cash flow opportunities for landlords, and 2 – How to build wealth with inner city rentals My main points were: The Collaborative Economy...
by Al Williamson | Feb 2, 2015 | New Income Streams
Drinking water is big business everywhere in the US. You may be a bottled water purchaser yourself. If your rental community has bad tasting water, then you may have a nice money making situation on your hands. Consider setting up a small, onsite,...
by Al Williamson | Jan 11, 2015 | New Income Streams
Here’s another clever idea on how to make extra income from your existing rental property? On your behalf, I cornered BiggerPocket’s Brandon Turner at a conference and wouldn’t let him go until he contributed to our idea pursuit. Brandon...
by Al Williamson | Dec 27, 2014 | New Income Streams
I shared a discussion panel with Lisa Loud, President of ELF Homes. Her company provides high-end corporate housing to Silicon Valley workers. ELF Homes has recently expanded into hotels and their first one is in Baton Rouge, Louisiana. After the discussion,...
by Al Williamson | Dec 13, 2014 | Call to Action, New Income Streams
This might not be comfortable, but permit me to stretch your ideas of what’s possible. Just because you may not have seen a landlord use their vertical surfaces to hang advertisements doesn’t mean it’s not possible or illegal. Check the photos below...
by Al Williamson | Nov 19, 2014 | New Income Streams
Landlords are in the business of renting space to people – yes? Ok, renting storage space to people who don’t reside on your property shouldn’t be too much of a stretch. Check out the following article I wrote for Landlordology.com. Make Extra Money...
by Al Williamson | Nov 7, 2014 | New Income Streams
Take a look at your rental’s parking potential. Expand your customer base beyond your property lines. Could you create a parking spot for a non-resident to use? If you have a little extra space, or even just enough for two gravel wheel paths off an existing...
by Al Williamson | Oct 21, 2014 | Defining Ideas, New Income Streams
If you’re serious about getting more cash flow out of your rental, then you’ve got to take a fresh look at storage. Tenants want storage. Scott Meyer, a thought leader in the storage industry, says 1 in 10 people use storage at some point in their lives. The...
