The first rule of investment is to diversify your investment portfolio for steady income. Successful investors can vouch that investing in real estate is a surefire way to generate passive income.

Having said that, buying your first-ever residential property is a daunting task. You’ll have to consider several things—for instance, your goals, financial capabilities and what constitutes a profitable rental property.

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The more you know about advertising your property as a landlord, the sooner you’ll be able to fill the vacant property. Identifying who you’re aiming for and what they want can help you get started and reach your goal.

Whether it comes to determining when to promote your home, the first thing to consider is ‘time.’ Although it may appear insignificant at first, well-planned scheduling can improve your odds of immediately finding renters.

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