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Mastering the Rental Game: Three Tips for Developing the Mindset of an Effective Landlord
Manage episode 379247269 series 3502376
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The mindset of the landlord. First you need to remember real estate is a long-term equity strategy that offers both financial and social rewards. Second you need to treat your real venture like the business it is, complete with risk assessments, mitigation plans, and being prepared for the unexpected. And third, you need to detach emotions from your decision-making.
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4:14 This isn’t a get rich quick endeavour – it’s a long-term equity investment strategy.
5:17 Influencing factors: the cost of ownership; job security; rental demand
7:53 Regulatory awareness
14:14 Leave emotions out of decision-making
Contact Nicole Lopez
Real Estate Agent
Royal LePage Credit Valley Real Estate, Brokerage
Email | Website
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