Description
If you're looking to become financially free before you reach your sixties, investing in real estate is a blueprint that's been proven to work.
In the past 50 years, over 70% of American taxpayers declaring more than a million dollars on their income tax returns have invested in real estate, according to the IRS.
And it's not hard to see why.
From fighting off inflation and generating cash flow to property appreciation and tax benefits, real estate gives investors multiple ways to build and keep wealth.
And while there are several ways to invest in real estate, investing in rental properties is an ideal starting point for beginners, even those without any real estate background.
Unlike flipping or wholesaling, rental properties are simple enough to understand, and with the right knowledge and research, strategies to make money off them are not difficult to implement.
However, just because it's simple doesn't mean it's something you can just get into without proper education and preparation.
You have a wide range of options you need to consider when investing in rental properties-from location, type of property, type of rental arrangement, financing, and investment strategy.
Ultimately, the decisions will be up to you, but before you can make the right one, you need to have all the information you need.
In Rental Property Strategies, you'll find valuable knowledge and helpful advice based on years of experience in real estate. Inside, here is just a fraction of what you will discover:
- How to get other people to pay for your mortgage, while you continue to stay in your own house
- The simple method to figure out how many rental properties you need to invest in to achieve financial freedom
- Why you should never buy a rental property based on its potential for appreciation
- How to grow your portfolio from one rental property to six in less than 10 years, while keeping your debt obligations down
- How to peacefully and compassionately deal with tenants who fail to pay rent on time
- How to legally defer paying taxes on your investment property when you upgrade your investment
- Quick and easy ways to increase your rental income without any additional effort or expenditure
- The must-have back-up for every rental property to ensure you can continue your mortgage payments, no matter the economic situation
And much more.
Although real estate can be very lucrative, there are still quite a number of real estate investors who lose money in their investments.
Whether it's taking on too much risk, getting into more than they can manage, or not studying the market beforehand, there's a lot that can go wrong when you are ill-prepared to take on a big investment.
By equipping yourself with the right knowledge and surrounding yourself with the right people, you can protect yourself from losses and set yourself up for financial independence, sooner rather than later.
If you want to build up your rental property portfolio in a sustainable and profitable way, then scroll up and click the "Add to Cart" button right now.Author: Michael Steven
Publisher: Independently Published
Published: 07/16/2021
Pages: 164
Binding Type: Paperback
Weight: 0.37lbs
Size: 8.00h x 5.00w x 0.35d
ISBN13: 9798538850907
ISBN10: 8538850903
BISAC Categories:
- Business & Economics | Real Estate | Buying & Selling Homes
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