Consider other ways to get more income. Rent storage sheds to tenants or put in a coin-operated washer and dryer. If you own a larger income property, you could install pop machines.

Reduce Rental Property Expenses

Can you add insulation to reduce heating costs? If you're paying $80/month for lawn care, will one of tenants do it for $40? Can you get cheaper insurance? Look for any ways you can reduce expenses. A new $4,000 furnace that saves $800/year on heating costs means you just turned $4,000 into a $10,000 higher sales price.

These things are never an exact science, and of course appearance and other factors matter. Increasing that net, though, is surest way to get more for your income property. Just make changes at least several months before you try to sell property. Also, learn how do math - it really does matter.

Fourth Tip: In some cases credit bureaus will have wrong address information on file for you, especially if you have moved recently. If this is case, they might initially deny you access to your report and request that you call and speak to a representative. Don’t get discouraged as they hope you do; stay course and make extra call if you have to--it’s worth it.

The whole report-ordering process will take less than 6 minutes and it’s completely automated, so you won’t have to speak to anyone. Make sure you write down confirmation numbers after each call for your records. Below are phone numbers for each credit bureau:

Trans Union automated phone system Call 800-888-4213.

Experian automated phone system Call 888-397-3742.

Equifax automated phone system Call 800-685-1111.

Once you have received your credit reports from each credit bureau (Trans Union, Equifax, and Experian), you are armed and ready to begin repairing your credit.

I highly recommend a Do-It-Yourself credit repair system like one I helped develop - Loan Saver PRO: for Consumers; here is a link to their site: http://www.loansaverpro.com/index-1.html. The Loan Saver PRO system teaches you how to manage entire credit repair process and shows you step-by-step how to launch effective online disputes. Loan Saver PRO: for Consumers is trusted by leading Mortgage companies and guaranteed to work.

As always, I hope above information helps, and I wish you best in your credit repair efforts.

Todd Disraeli has been in the mortgage and credit repair business for over 10 years. Todd's primary expertise is consulting with mortgage companies and helping them turn declined loans into approved loans. Todd uses his extensive knowledge and experience to help mortgage companies, and their loan officer’s, work smarter and not harder.