Double Your Rental Income with This Simple Trick

By Shelby Campbell

With over two and a half decades of unwavering commitment to the mortgage industry, I am your seasoned Mortgage Loan Officer dedicated to helping individuals and families achieve their homeownership dreams.

If you’re only getting $1,800 a month from your rental property, you could be missing out on a much higher income. What if I told you that same property could bring in over $5,000 a month? It’s not a stretch—it’s entirely possible, and I’m going to show you how:

What’s the problem with the traditional rental model? Many investors stick to the standard one-tenant, one-lease, one-stream-of-income approach. While it’s simple, it’s not always the most profitable. If your property has extra space that you’re not using, you might be missing out on potential income.

How to maximize your property’s potential? Instead of renting out your entire home as one unit, consider splitting it into two separate units. This means adding a private entrance, kitchenette, and separate living spaces. By doing this, you can rent out both units, effectively doubling your rental income. This is something I do all the time, and the results speak for themselves.

A real-life example. I recently worked on a home in North Portland where the owner was renting the entire property to one tenant for $1,800. We split the space into two separate units—one upstairs and one downstairs. The top unit rents for $2,700, and the bottom unit rents for $2,500. That’s a total of $5,200 a month, compared to the original $1,800. That’s a huge increase in income with a simple change.

How can I help? Not only am I a lender who can provide financing options for your project, but I’m also a property manager. I can help you determine what your property could rent for, whether you’re considering mid-term, short-term, or long-term rentals. We can discuss the best rental strategy for you to maximize your income.

Each property is unique, and your potential income may vary depending on its layout and location. If you’re interested in learning more about how to turn your property into a money-making machine, feel free to call or text me at (503) 572-8865 or email at shelby.campbell@fairwaymc.com. I offer a customized property analysis to help you understand your home’s full rental potential and what steps to take next.