With a 9-5 job, your income is limited to your salary, but with property investing, the options are endless. In this week’s episode, I share with you eight (8) helpful tips you can use to increase your passive income through property investing.
If you’d like to build your portfolio and whether or not you’re new to investing, listen to this podcast and grab a pen. These tips have proven to be effective, so what are you waiting for?
Discussion Points:
0:00 Introduction
0:56 Looking back at the best year for property investors
1:59 Extracting equity is the best way to build your portfolio
4:25 Tip # 1: Be the captain of your own ship
5:51 Tip # 2: Begin the lease renewal process at three months before expiry
7:17 Tip # 3: Offer your tenant a lease renewal
8:35 Tip # 4: First impressions are REALLY important
10:20 Tip # 5: Allowing pets
11:47 Tip # 6: Make sure you understand the rental market where you bought your house
13:15 Tip # 7: Be careful in structuring your lease period
14:16 Tip # 8: Do basic renovations from time to time
About The Host:
PK Gupta is the founder of the Property Investment Accelerator — a course that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
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