by Alex Willen (Author)
Every month, I get a check in the mail, and it's not my paycheck - it's income from my investment properties. That's on top of the fact that they're going up in value while my tenants pay off my mortgage. Sound too good to be true? It's not. Any successful real estate investor will tell you the same story. Of course, it can be daunting to get into real estate investing. It's a big investment, and it can feel like a big responsibility to have people living in a property you own. Luckily, with the right research and the right people around you, it can be easier than you think. One of the best ways to get started is buying multi-unit properties to rent out for profit. Duplexes, triplexes and fourplexes give you the advantages of owning an apartment building without the risks of a huge complex, making them an excellent way to provide you extra income, whether you're an experienced investor or brand new to real estate. This book will teach you the basics of how to find a property, buy it and start managing it. Inside, you'll find information on:
- Finding a real estate agent
- Getting a mortgage
- Bidding and closing
- Insuring your property
- Vetting potential property managers
- Protecting your property with an LLC
- Staging
- Advertising Your Rental Unit
- Section 8 Housing
- Whether or Not to Allow Pets
- Fees and Utilities