Rental Properties 101

Get started in real estate investment. Learn how to buy and maintain your first cash-flowing rental property.

Introduction

• Getting started generating passive income

1. The Pros of Investing in Rentals

• Reducing risk and increasing your potential profit
• Harnessing the advantage of tax deductions

2. The Cons of Investing in Rentals

• Why there are challenges getting cash from your equity
• The difficulty of being a hands-on landlord

3. Buying Rental Properties Right

• Tools to help excel in your buying journey
• Understanding your target market
• Why doing your due diligence can be a huge benefit
• Specifications of doing your due diligence
• How to excel at managing your property

4. The Deal Analyzer for Rentals

• Deal analyzer tool for rentals and how it works
• Adding the rental property information to the deal analyzer
• Value of the land as it pertains to the deal analyzer
• Timetables within the deal analyzer tool
• How to use the gross rent multiplier in the deal analyzer
• Adding depreciation to your deal analyzer document
• How the price per square foot number adds to the deal analyzer
• Estimates of your five-year operating projections in the deal analyzer tool
• Break-even ratio with the deal analyzer tool

5. The Hands-On Approach for Rentals

• Finding a rental property that will be profitable
• Negotiating the deal and excel at closing the transaction
• Preparing the property and advertising
• Managing of tenants and maintenance of property

6. The Passive Approach for Rentals

• Generating income whether you are doing anything or not
• Purchasing properties with tenants already in place

Conclusion

• How to excel at buying rental property