Increase Rental Income on a Basic Duplex
Hello all. I have a duplex that recently was renovated and located in a small town, Algood TN. Each unit is 2br 1ba and we had one unit rented at $950/mo on 12 month lease. We are considering strategies to maximize the cashflow from a similar 12 month lease. Mid-term lease sounds valuable but hesitant to use capital and effort to furnish it when we really don't know how well that will perform. What suggestions do you guys have for this?