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Pedersens Tips For New Landlords

Homeowners with tens of thousands of dollars of ‘new’ equity in their own property may be keen to spend it! Some may look at big toys like a flash car or a boat. If they consider using it for a second property ideally that will be an investment property rather than a holiday home. An investment property produces an income and when rented well it can also produce a profit (income minus expenses).

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