How can I buy a house with as little money down as possible? Can I deduct mortgage interest and property taxes on my rental property? What is the best way to finance rental property purchase and renovations? What is a real estate note, and how do I find one? How do I screen potential tenants to make sure they will pay on time? How can I find affordable, trustworthy contractors to fix up my properties? What are some creative ideas for attracting tenants and increasing rents? Is there a way to pay off my mortgage early and still maintain tax advantages that come from using a mortgage to finance my home or investment property? How do I protect myself from liability when renting out my property? What is the best way to advertise and manage my rentals?
These are just some of the questions that you can use this book to answer. The ultimate goal of this book is to provide you with the tools you need to make smart decisions about your real estate investments. This book will introduce you to the basics of real estate investing, including ways to finance your investments, even if you don’t have much cash on hand. It also covers property management basics; different kinds of properties and their potential for profit; and various strategies for finding, buying, renovating, renting, and selling your properties. You will also learn ways to protect yourself from loss in case things don’t work out as planned. Finally, this book provides tips for getting your properties rented quickly and helps you develop a plan for paying off your mortgage early—even if you have negative cash flow (because of tenant vacancies or other factors). These tips will help you get started with real estate investing right away without having to wait for years in order to save up a large lump sum. If you have ever thought about becoming a landlord but didn’t know where to begin, this is the book for you.
