Page 133 - The-Mortgage-Maximiser-Method-by-Thomas-Ilinkovski

ƐĞƩůĞŵĞŶƚ LJŽƵ ŵŝŐŚƚ ĮŶĚ ŝƚ ĚŝĸĐƵůƚ ƚŽ ĂƌƌĂŶŐĞ ĨŽƌ ƚĞŶĂŶƚ ŝŶƐƉĞĐƟŽŶƐ ƵŶƟů LJŽƵ
ĂƌĞ ƚŚĞ ůĞŐĂů ŽǁŶĞƌ ŽĨ ƚŚĞ ƉƌŽƉĞƌƚLJ ƵŶůĞƐƐ LJŽƵ ĂƌĞ ƵƐŝŶŐ ƚŚĞ ƌĞĂů ĞƐƚĂƚĞ ĂŐĞŶĐLJ
that sold the property to you.

tŚĂƚ ĚŽ ƉƌŽƉĞƌƚLJ ŵĂŶĂŐĞƌƐ ĐŽƐƚ͍

Ɛ Ă ŐƵŝĚĞ͕ ƚŚĞ ĨĞĞƐ ĐŚĂƌŐĞĚ ďLJ ƉƌŽƉĞƌƚLJ ŵĂŶĂŐĞƌƐ ǁŝůů ƌĂŶŐĞ ĨƌŽŵ ϱй ƚŽ ϵй
ƉůƵƐ '^d͘ /ŶĚĞƉĞŶĚĞŶƚ ƉƌŽƉĞƌƚLJ ŵĂŶĂŐĞƌƐ ǁŝůů͕ ĂƐ Ă ƌƵůĞ͕ ďĞ ĐŚĞĂƉĞƌ ƚŚĂŶ
ƉƌŽƉĞƌƚLJ ŵĂŶĂŐĞƌƐ ĂƩĂĐŚĞĚ ƚŽ Ă ƌĞĂů ĞƐƚĂƚĞ ĂŐĞŶĐLJ͘

ĂŶ / ƐĞůĨͲŵĂŶĂŐĞ͍

dŚĞƌĞ ŝƐ ŶŽ ƌĞƋƵŝƌĞŵĞŶƚ ƚŚĂƚ LJŽƵ ƵƐĞ Ă ƉƌŽƉĞƌƚLJ ŵĂŶĂŐĞƌ͘ zŽƵ ĐĂŶ ƐĞůĨͲ
ŵĂŶĂŐĞ ƚŚĞ ƉƌŽƉĞƌƚLJ ďLJ ĮŶĚŝŶŐ ƚĞŶĂŶƚƐ͕ ĐŽůůĞĐƟŶŐ ƌĞŶƚ ĂŶĚ ĚĞĂůŝŶŐ ǁŝƚŚ ƚŚĞ
day-to-day maintenance issues.

ĞĨŽƌĞ ĚĞĐŝĚŝŶŐ ǁŚĞƚŚĞƌ Žƌ ŶŽƚ ƚŽ ƐĞůĨͲŵĂŶĂŐĞ͕ ƚŚĞƌĞ ĂƌĞ ƐĞǀĞƌĂů ƚŚŝŶŐƐ LJŽƵ

ŶĞĞĚ ƚŽ ĐŽŶƐŝĚĞƌ͗

1. Property managers can easily check a tenant’s rental history ǁŝƚŚ
ƉƌĞǀŝŽƵƐ ůĂŶĚůŽƌĚƐͬƉƌŽƉĞƌƚLJ ŵĂŶĂŐĞƌƐ ƚŽ ĐŽŶĮƌŵ ǁŚĂƚ ƐŽƌƚ ŽĨ ƚĞŶĂŶƚ
ƚŚĞLJ ǁĞƌĞ͘ ^ĞůĨͲŵĂŶĂŐĞƌƐ ŐĞŶĞƌĂůůLJ ĚŽ ŶŽƚ ŚĂǀĞ ĂĐĐĞƐƐ ƚŽ ƚŚŝƐ ĚĂƚĂďĂƐĞ͘

2. WƌŽƉĞƌƚLJ ŵĂŶĂŐĞŵĞŶƚ ĐĂŶ ďĞ ƐƚƌĞƐƐĨƵů͕ ŝŶǀŽůǀŝŶŐ ƌĞŶƚ ĐŽůůĞĐƟŽŶ͕
managing tenants and managing the repair of the property.

3. /Ĩ LJŽƵ ůŝǀĞ ŽǀĞƌƐĞĂƐ͕ ƐĞůĨͲŵĂŶĂŐŝŶŐ Ă ƉƌŽƉĞƌƚLJ ŝƐ ŶŽƚ ƉƌĂĐƟĐĂů unless you
ŚĂǀĞ Ă ĨƌŝĞŶĚ Žƌ ĨĂŵŝůLJ ŵĞŵďĞƌ ǁŚŽ ĐĂŶ ďĞ LJŽƵƌ ŽŶͲƚŚĞͲŐƌŽƵŶĚ ŚĞůƉĞƌ
to arrange tradespeople and so on.

Hot Tip: ,ĂǀĞ LJŽƵƌ ƌĞĂů ĞƐƚĂƚĞ ĂŐĞŶƚͬƉƌŽƉĞƌƚLJ ŵĂŶĂŐĞƌ ƉĂLJ ĨŽƌ ƚŚĞ
ƌĂƚĞƐ͕ ŵĂŝŶƚĞŶĂŶĐĞ ĂŶĚ ƌĞĐƵƌƌŝŶŐ ĞdžƉĞŶƐĞƐ ŽƵƚ ŽĨ ƚŚĞ ƌĞŶƚĂů ŝŶĐŽŵĞ͘
dŚŝƐ ǁŝůů ŵĂŬĞ ŝƚ ĞĂƐLJ ĨŽƌ LJŽƵ Ăƚ ƚĂdž ƟŵĞ͘

Landlord’s insurance

There are already several common insurances like home and contents that
ĂƌĞ ƟĞĚ ƚŽ ƉƌŽƉĞƌƚLJ ŽǁŶĞƌƐŚŝƉ͕ ďƵƚ ƚŚĞƌĞ ŝƐ ĂŶŽƚŚĞƌ ǀĞƌLJ ŝŵƉŽƌƚĂŶƚ ŽŶĞ ƚŽ
ŚĂǀĞ ǁŚĞŶ LJŽƵ ĂƌĞ ůŽŽŬŝŶŐ Ăƚ ůĞĂƐŝŶŐ LJŽƵƌ ƉƌŽƉĞƌƚLJ ŽƵƚ ƚŽ ƚĞŶĂŶƚƐ͗ ůĂŶĚůŽƌĚ͛Ɛ
insurance.

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