(This article is extracted from my book No B.S. Guide to Property Investment, a bestseller at Kinokuniya and Times bookstores.)
As an investor, you have two major objectives when you are holding your property:
1. To generate an optimal return from your investment; and
2. To increase its value to be sold at a good profit in the future.
To achieve that, you have to maximize the rental income and minimize the costs at the same time. In other words,
Maximizing the return of your property = cost savings + value creation
Below are seven useful tactics that you as a landlord can use to save money while adding value to your property.
1. Ask for early completion
You have submitted the cheque with the last payment to your lawyer. Instead of waiting for twelve weeks, you can request for an early completion of the sale in ...
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