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Millennial and Gen Z's Guide to Becoming a Rental Property Millionaire

by Millennial and Gen Z's Guide to Becoming a Rental Property Millionaire

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Description

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

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Product Details

  • May 15, 2025 Pub Date:
  • 1965340385 ISBN-10:
  • 9781965340387 ISBN-13:
  • English Language