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Tips for Buying an Investment Property

Tips for Buying an Investment Property

Investing in property has always been a stable and profitable investment option. It not only helps you build wealth but also provides a source of passive income for the future. However, buying an investment property can also be a daunting task, especially if you are a first-time investor. This blog post will discuss five tips that will help you make an informed decision while purchasing an investment property.

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Investment Rental Property

Investment Rental Property Tips for a Competitive Market

Becoming a successful property manager is not an easy task, especially when the market is competitive. No matter where you’re looking to invest, you have to find the right place, build the right structure, and market the property effectively to succeed. You can do this by researching the local rental market, adding popular smart home features, and registering an LLC to manage the property, and using social media to spread the word about the great rental property you have to offer.

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moving on a budget

Cut Household Expenses for Your Big Family Move

Moving can be expensive even if you “Do it Yourself”. There is the truck rental, gas, time off of work, pizza for the “helpers”, plus depending on the timing of the move you might have to pay rent twice for that month. In addition, you will probably have to pay deposits for your new utility services which can add up to hundreds of dollars. All of that can be expensive.

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Camps, Cottages and More: Understanding Your Vacation Property Insurance in Canada

Although you may understand your homeowner’s insurance, vacation property carries with it different risks that you need to understand. First of all, you’re not living in your vacation home year-round so there are vacancy and possibly tenant related risks. And even if you do spend a considerable amount of time there, vacation homes are often outfitted or even built differently than traditional

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