There's a reason rich people worldwide buy rental real estate - it works! At some point, everyone will need a place to stay, and contrary to popular belief, it doesn't
require a ton of cash or secret connections to get in the game! However, it is a complex game, and if you make a bad decision, it can cost you a hundred thousand
dollars or more, waste all your efforts, and ruin your credit - Don't go it alone! Learn from my 15 years of experience where I turned my initial $12,300 investment into
$1.7 million.
In this book you will learn:
The fastest way to save for your first down payment What it takes to buy an income property and what the bank will want from you Different types of financing including low and no money down Mortgages and the Mortgage process How to locate a good property, in a good area, and buy on value, not price How to steer clear of Building Construction Pitfalls with over 250 color photos and diagrams Property Insurance and Property Taxes Deeds and Title Insurance Calculating your return on investment (ROI) How to make a calculated offer Closing on your new Rental Property What to do after you close on (buy) your Rental Property Repairing and Renovating for Increased Profits How to List and Show your Rental Property How to find and keep good tenants Tenant screening Red Flags Leases Maintenance Preparing for your next property The Huge Tax Benefits of Rental Properties The magic of Forced Appreciation Cash out refinancing to get your reno money back or buy another property Some of my personal experiences with tenants so you can get a true idea of What it's like to be a landlord and whether it's right for you or not
By:
Jacob Koch Imprint: MindStir Media Dimensions:
Height: 229mm,
Width: 152mm,
Spine: 24mm
Weight: 617g ISBN:9781965340387 ISBN 10: 1965340385 Pages: 464 Publication Date:15 May 2025 Audience:
General/trade
,
ELT Advanced
Format:Paperback Publisher's Status: Active