EP281 Increase Your Rent Income by 3 to 5% with this Overlooked Tenant Amenity, with Jim Monk from CLOZZITS

Published: May 17, 2021, 5 a.m.

b'

My guest today has developed a program that is designed to increase rents by 3 to 5% without costing you a huge capital investment.\\xa0 He accomplishes this by optimizing your rental space.

Jim Monk is the President of CLOZZITS and believes space optimization is a game-changer for existing properties as well as new construction.\\xa0 Creating more space for residents is a bigger issue that most owners think, and Jim is here to tell us why.

Today we\\u2019re going to discuss the value proposition of maximizing your closet space, what potential residents look for when assessing unit storage, the types of systems that work best, the preferred lighting for your space, and the ways our \\u201cdo-it-yourself\\u201d listeners can maximize space on their own.\\xa0 We\\u2019ll also discuss the costs and ROI generated by installing these systems, as well as the tax benefits and strategies to pay for them.

Talking about closet space may not seem like the sexiest topic, but I guarantee you\\u2019ll find what Jim has to say eye opening and thought provoking.\\xa0 You can find out more about Jim and CLOZZITS through their website:\\xa0 https://clozzits.com

Today\\u2019s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area.

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits.

https://www.rcbassociatesllc.com

'