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Every real estate investor has to start somewhere. The first steps are often the hardest. The desire to start your real estate investing journey is strong, but there are many unknowns: How do I avoid overpaying? What if I buy a house with an expensive issue? What if my tenants stop paying rent and trash the place? How do I get a mortgage? How can I find a real estate agent I can trust?
This book is written with all the information you’d get from picking a veteran landlord’s brain for a few hours over coffee or an adult beverage. Step-by-step we’ll go through the process from deciding if this is for you, to getting your finances in order, to buying your first property, to renovating that purchase, to advertising, screening, and selecting your first tenant, to managing that tenant, to turning over your unit for the next tenant, to selling your property when you’re ready to retire in comfort.
Full of real-world examples and tales from a life in the trenches as a landlord, you’ll find this an easy read that answers questions you didn’t know you have.
Genre: BUSINESS & ECONOMICS / Real Estate / GeneralBest Sellers Rank: #2,019,778 in Kindle Store (See Top 100 in Kindle Store)
#653 in Real Estate Sales (Books)
#764 in Financial Services Industry
#939 in Mortgages (Books)
What This Book Is All About
Everything you’ve ever learned about real estate investing has been from people trying to mislead you.
You’ve heard about people, supposedly like you, investing in real estate for years. Some claim that they aren’t get-rich-quick schemes, but instead will sell you a process to become wealthy in a hurry. Others condescendingly throw around terms you aren’t familiar with. Perhaps you’ve attended a “free” seminar that ended up being a sales pitch for outrageously expensive follow-up seminars. Each time something has seemed missing from the information, but the only people willing to provide this missing piece make you suspicious. This has left you paralyzed: your interest remains, but you don’t know how to make sense of it and move forward.
Imagine the near future where you’ve found that missing piece. You don’t have to pay anyone to hold your hand and you can look through options for real estate investments the same way you consider purchasing clothing or a new coffee maker: understanding the tradeoffs and being able to obtain the information you need. You can talk knowledgeably to other real estate investors and smile indulgently when they say things you know aren’t true. You can dig deeper when they know something you want to learn more about. You’re finally able to make progress on something you’ve wanted to do for years.
