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by Michael W. Macon (Author)
There are many things to consider when looking into residential rental property... How much should I pay? How much work should I plan to do myself or contract out? How do I determine the cash flow and what should I expect? Does this business really work for those willing to put in the effort? This book an excellent resource for anyone who has wanted to invest in residential real estate for rental income. It is not a get rich quick promise. It instead gives you real and practical steps around activities required to go about the search, renovation, and rental of your own residential real estate for profit. This book is a summary of real activities the author uses today for his own successful portfolio of residential rental property. It explains the entire process from searching, to acquiring, to renovating, to renting residential real estate. Learn about selecting your Realtor, inspecting potential properties, running the numbers, the project steps, and renting to your first tenant. This effective project management approach is easy to understand and presented so that anyone with a desire to be successful can start in the rental real estate business and be a success. It is a perfect road map for anyone who wants a proven logical approach to real success in this business. Fear is the number one killer to a small business. Do not let your dreams die before they ever start due to that same fear. This book gives you a practical blueprint to success and you should give let it guide you to that rental property portfolio you have always want to have.
