Rental Property Investing for the Rest of Us: The Beginners Guide to Successful Rental Property Investing
| Author | : | |
| Rating | : | 4.17 (743 Votes) |
| Asin | : | 1514695936 |
| Format Type | : | paperback |
| Number of Pages | : | 86 Pages |
| Publish Date | : | 2014-03-16 |
| Language | : | English |
DESCRIPTION:
Amazon Customer said It's worth it but could be better. This book overall needs some work. Multiple grammar errors and unformatted charts seem to be a theme throughout the short read.But I will say I am glad I read it. It is a little over priced in my opinion but I learned a lot about some of the details of getting started in real estate. I personally graduated honors from a ranked real estate university and I stilled learned a good bit from this book that never would have thought of. It is easy to read and a great place to start your education on real estate. I will say it is worth the buy but I wish the author/publisher would have put a little more time and detail. "Wear rose colored glasses, get caught with pants down." according to Mike Phelps. This amounts to no more than a small pamphlet (I read it cover to cover in under an hour). Only includes a positive outlook on rentals and why it is so great. No advice regarding problems with bad renters or evictions, how to deal with insurance, advertising, attorneys, etc. If you want only a rosy look at renting and want to be unprepared, this is a great choice. If you want a realistic look at managing properties, pick a different book.. Cheflady said Excellent book for beginners. This is a great book for people who our new to the real estate market. He touches on some important topics and stresses that this is a get rich slowly project.
When you finish reading Rental Property Investing for the Rest of Us you will feel comfortable in your ability to make property investing decisions. By following these formulas you will ensure that your property will cash-flow and that your property is primed for resale if it needs to go back on the market. Success Formulas Do you want to make conservative decisions and find solid deals? Of course you do. Discover the Benefits of Different Rental Property Types You are going to get detailed information on the difference between single family rentals, small multi-family rentals (duplexes, triplexes, and quads), and apartment buildings. There will be benefits and potential pitfalls to each type of rental property. Financing Your Properties You will be equipped with solid rental property financing information. You will discover how to properly screen your tenants to help keep your property in it’s best shape. Brent Driscoll shares formulas that will help ensure that you get a good deal. If you have an 20 unit apartment building and you lose one tenant you are still at 95% occupancy but selling a 20 unit apartment building generally takes longer to sell. You will have a solid understanding of the types of loans that are available and which one is right for you. You will get valuable information on whether or not you should use a property manager and how