3) Buy a property that you love
Real estate ownership takes a lot of time and effort. It’s a lot easier to part with time and money on a property you’re fond of.
15 Tips for Breaking into Real Estate Investing
Buy cash flow-positive properties
2) Buy cash flow-positive properties
When looking for an investment property, you need to calculate the estimated cash returns on the property for that area to make sure you’ll be getting a good deal.
15 Tips for Breaking into Real Estate Investing
Look for a good investment
1) Look for a good investment
So what is a good real estate investment? A good real estate investment is any real estate property that increases your net worth through a fair rate of return on your equity.
15 Tips for Breaking into Real Estate Investing
Have your VIN etched on the window or other major parts of the vehicle.
12. Have your VIN etched on the window or other major parts of the vehicle.
You can have your VIN professionally etched on a window or on other major parts of the vehicle. This allows your vehicle to be traced more easily (even if it has been dismantled and sold as parts) and makes your car less attractive to professional thieves.
12 Tips to Prevent Vehicle Theft
Consider installing a vehicle tracking device.
11. Consider installing a vehicle tracking device.
Vehicle tracking devices can be used by the police to find your vehicle when it has been stolen. Certain vehicle manufacturers include this as a standard security device on every vehicle, and in other cases, you can have it added as an option from the factory or installed aftermarket. Immobilizers interrupt three circuits that are required to start and operate your vehicle, including the starter, ignition and fuel supply systems when your car is turned off. These circuits can only be reactivated by a specially coded microchip in the key issued to you when you purchase your car. If you are looking for cheap car insurance, immobilizers and tracking devices that meet the National Standard of Canada can earn you a discount on your auto insurance premiums. Ask your insurance company about any discount that you might be entitled to.
12 Tips to Prevent Vehicle Theft
Use your emergency brake when parking.
10. Use your emergency brake when parking.
Your car is more difficult for thieves to tow away if the emergency brake is engaged.
12 Tips to Prevent Vehicle Theft
Park in well lit areas with as many people around as possible.
9. Park in well lit areas with as many people around as possible.
More than half of all vehicle thefts occur at night. Obviously, it’s easier to steal your car if it’s in an area with no one around or an area where thieves can conceal their activities. Stick to parking in high-traffic, highly visible areas whenever possible.
12 Tips to Prevent Vehicle Theft
Buy a vehicle with a security system.
8. Buy a vehicle with a security system.
Many of today’s newer vehicles have some form of anti-theft device. Even though it may cost more to buy a vehicle with this protection, it may save you money on your car insurance premiums. Most auto insurance companies will lower your premium if you have anti-theft protection for your car.
12 Tips to Prevent Vehicle Theft
Make sure that you have your license plate and vehicle identification number (VIN) written down.
7. Make sure that you have your license plate and vehicle identification number (VIN) written down.
This information, as well as the make, model, year and colour of your car are needed to file a stolen vehicle report and to prove that a vehicle is yours. The more information you can provide to the police, the more likely it is that your vehicle will be recovered in the event of theft.
12 Tips to Prevent Vehicle Theft
Install a mechanical device that locks the steering wheel or brakes.
6. Install a mechanical device that locks the steering wheel or brakes.
These devices make it more difficult to drive the vehicle and are likely to deter car thieves.
12 Tips to Prevent Vehicle Theft