Essential skills, tips, and strategies to build a successful rental property portfolio from the ground up!
Unlock the secrets to passive income with Building Wealth through Rental Properties. This indispensable handbook empowers absolute beginners to navigate the world of real estate investing with confidence. Packed with practical advice and actionable strategies, the author provides all the knowledge necessary to establish and expand your rental property empire.
Inside, you will find:
- Key steps from start to finish when purchasing a rental property.
- Strategies for making wealth through rental properties.
- How to identify lucrative rental properties.
- Optimal financing methods for investing in rental properties.
- Tips for effective property management.
- Proven methods for expanding a rental property portfolio.
- Real-life case studies to inform, inspire, and bolster confidence.
- A comprehensive and simplified glossary of essential terms in real estate.
- And so much more!
Sachdeo presents a host of checklists, sidebars, and hard-won insights, including step-by-step walkthroughs for refinancing, renovating, and other “major steps when building a rental property investment portfolio.” The guidance is both best-practices general (“Screen tenants thoroughly”; “Establish clear rental criteria”) and helpfully granular (one table demonstrates the “Advantages and Disadvantages of a Cash Purchase,” and Sachdeo’s “comprehensive list of financial documents that you should review” lives up to its title).
The result is a guide for readers who are serious about putting in the work and understanding all the decisions and planning that stand between them and their dream. Sachdeo specializes in answering the questions you might not know to ask, like what to look for in a management company or a property manager, the pros and cons of incorporation, and environmental factors to keep in mind when scouting potential properties. Numerous case studies demonstrate the reality of being a landlord, laying out the strategies individuals adopted and the lessons they learned. A hefty glossary of real estate terms will help arm the would-be mogul prior to any negotiation.
Takeaway: Practical, thorough guide to investing in and managing rental properties.
Comparable Titles: Brandon Turner’s The Book on Rental Property Investing, Symon He’s Rental Property Investing QuickStart Guide.
Production grades
Cover: B
Design and typography: A
Illustrations: N/A
Editing: A
Marketing copy: A