A lot of people think you just have to fill up rooms and business spaces with occupants for your property to become income-generating. The biggest misconception, though, is that it won’t be necessary to put in the hard work, and that they only have to wait until the rent is due to reap the benefits of their property rental business.
These, of course, cannot be farther from the truth. Enticing occupants, for one, is not as simple as putting up a vacancy or For Rent sign, and potential tenants will come in droves. Ensuring that they stay is another matter altogether, too, as the renewal of their lease contract with you is what will ensure your income’s continuity.
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