4 Things to Know About Being a Property Investor

Property investment can be an excellent way to turn a profit, but it’s not for the faint-hearted. Landlords have a lot of responsibilities beyond collecting rental checks. They have to find good tenants, ensure compliance with the law, and adapt to issues when they arise (which they often do). Rochester NY is a thriving market, so if you’re thinking about becoming a real estate investor in the Rochester area, these four tips will help you achieve amazing results.

You’ll Need Good Tenants
Once you’ve purchased a property and got it ready to rent, you’ll want to find good tenants who aren’t going to cause endless problems. Ideally, every landlord should meet their renters face to face prior to signing any contracts.

This helps both parties get a feel for one another and build rapport. For those just starting out, using rental management in Rochester NY will take some of the burden off finding suitable tenants the first time around. Your management team will have all the skills and experience necessary to advise you when it comes to finding and managing renters.

You’ll Need Proper Insurance
Don’t scrimp when it comes to insurance. We all hope to have renters who will look after our properties with care but, unfortunately, this just isn’t always the case. Besides, some situations are out of even the best tenants’ control. You need to ensure your rental properties against damage.

You’ll Have Certain Responsibilities
Being a landlord is about much more than just owning a house and earning a healthy passive income. Although that’s part of it, there are lots of additional responsibilities that come with the role. Landlords are responsible for ensuring that their tenants have a safe and comfortable place to live in. That means you’ll have to stay on top of maintenance inspections to ensure that your property is health and safety and building compliant at all times. Landlords must also tend to maintenance and repair issues raised during a tenancy. Failing to tend to repair issues won’t just leave you with disgruntled tenants; it’s actually a legal requirement and, for urgent repairs, landlords are required to act within three to seven days. You’ll Need to Engage Good Rental Management

If you’re becoming a property investor for the first time then it’s worth getting good rental management. Looking for rental management (Rochester NY has some excellent companies) is the safest bet. They will provide you with the guidance you need and take care of many of the landlord’s responsibilities, which include finding good tenants, setting rental rates, managing rent payments, advertising, billing, accounting and ensuring legalities and compliance.

Becoming a landlord is rewarding and challenging in equal measure. To get started as a property investor in Rochester you’ll need good tenants, proper insurance, a can-do attitude, and most importantly the support of expert rental management. In Rochester NY there are opportunities waiting for you – it could be time!

Author Plate
Danny Torres is from Torres Turn Key, a property management company in Rochester NY with more than ten years’ experience providing a holistic service for both domestic and international investors. When it comes to property rental management, Rochester NY is one of the most exciting areas to invest in both commercial and residential properties. The company brings together a host of experience and specialist knowledge to build long-term relationships and create maximum value and benefit for their customers.

Very Important MLM Marketing Tips For the Newbie

It has been said, “There is nothing new under the sun.” That being said, it still might be totally new to you. And for you the phrase, “MLM marketing tips,” could be a life changing experience and profoundly change your life, especially if you are a struggling network-marketing entrepreneur and are just getting started.

I do not pretend to be an expert but I have been in the network marketing business long enough to pick up a few things that might be worthwhile for you to ponder. Below are some MLM network marketing tips that if applied to your business might make a major difference.

1. There are hundreds of reputable network marketing companies out there, do not fall for the hype when told “Ours is the best, it has the best comp plan, the best product, the best leaders etc..”

2. Look for a company that has no objections to using one of the many attraction-marketing systems such as My Lead System Pro, to funnel leads into your business. Avoid if possible the pain of warm market recruiting, which quickly turns to cold contacts and expensive leads as you quickly sift through your warm market in a matter of weeks.

3. Do not scatter you focus, as there are many tools in the attraction marketing tool bag. Pick one that fits you and stay with it until you have mastered it. Then go on to the next one.

4. Get started immediately by using one of the following leads training tools that are part of the attraction marketing tool bag: article marketing, video, Face Book, Twitter, PPC (Pay Per Click). As I said these are just a few of the tools that attraction marketers are trained to use to generate 6 and 7 figure incomes in attraction marketing.

5. I can’t stress enough the need to buy educational and motivational tools such as computer software for marketing, and books, and cd’s, as training material to keep motivated. As well as the weekly conference calls and or webinars. Without motivation most network marketers eventually give up.

6. I have mentioned this before but it can’t be overly stated, have a daily do list and do it daily. Don’t bite off more than you can chew, as what works for someone else might not work for you, but be consistent.

7. When leads start coming in, always do a follow-up. After all of the time and effort to get a lead, why throw it away. Foolish indeed.

8. Always be positive, never criticize and always be ready to affirm, and give a helping hand.

9. This leads me to my next point and it is the basis for attraction marketing and why it is so powerful. If you first bless a person by giving away something of value, you in turn will be blessed as they respond. That is how attraction marketers grow their businesses.

10. Remember not all, but most network marketers struggled to get where they are, and are where they are, because of consistent daily action. You too can be one of the top 3% if you take to heart these ten MLM marketing tips. So don’t give up.