Which of the following is NOT a typical benefit of renovating a property?

Question

Quizplus · Accepted Answer

Increasing operating expenses is not a typical benefit of renovating a property. In fact, renovations are usually done to improve the property and attract tenants, thereby increasing rents and lowering vacancy. Renovations can also increase the future property value, making it a worthwhile investment. However, increasing operating expenses would have the opposite effect on the property's profitability.

Which of the Following Is NOT a Typical Benefit of Renovating