If you are renovating a multiplex or a house with a granny flat, you can fix up one unit and rent it out while you renovate the rest of the building. The extra income you earn can cover costs like mortgage payments, bills and insurance. A landlord looking at purchasing your rental property will be impressed if there are already paying tenants. Just a word of caution, make sure you do a thorough screening process of any tenants first.Make a list of everyone you know. This is where most new people fall off. What they really heard was make a list of all the people they are not afraid to approach. The average list should be atleast 250 names. According to Joe Gerod, the Guienas book of world record for selling the most cars of any person that ever live said the average person knows 250 people. After you run though you warm market what now? You will need to generate a new source of leads without going broke.


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