How can I reduce my costs?

November 2, 2011 MyHome by MyHome
How can I reduce my costs?

 
Residential property investment is a business activity and like any business, costs should be tightly controlled and reduced where possible. A landlord can cut costs and improve the financial return on his investment by focusing on the following:

  • Maintenance
  • Get the best mortgage deal
  • Insurance
  • Avoid rental voids

Review your mortgage and insurance costs at least once a year to ensure you are getting the best available rates.

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