Real estate investors can profit by focusing on rental yield rather than purchase price, targeting properties near transport, schools, and workplaces. Simplifying bookkeeping with specialized software reduces expenses and maximizes tax benefits. Prioritizing tenant retention lowers turnover costs by treating tenants well and allowing flexibility. Gradually increasing rent aligned with market rates and property upgrades boosts income without driving tenants away. Thorough tenant vetting is essential for reliable payments and minimizing issues.
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