The Ultimate Beginner's Guide to Buying Real Estate Rental Properties

The Ultimate Beginner's Guide to Buying Real Estate Rental Properties

There are no secrets to real estate investing. There is just knowledge to be gained!

Most wanna-be real estate investors have heard about the subject of real estate investment. Many are interested in buying and renting properties. Others often think about buying, fixing then selling properties. This guide focuses largely on the the aspect of buying and renting properties

Take action today! Learn the basics and get started investing in real estate!

Action yields results! Inaction, well, is just that!

The Ultimate Beginner's Guide to Buying Real Estate Rentals

What can investing in real estate do for you?

Investing in real estate builds wealth. The benefits are numerous and include cash flow from rental income, appreciation, principal paydown, inflation hedge, tax savings, debt leverage and equity leverage.

Define your goals

Defining your goals is deciding what investment strategy you prefer and putting an action plan together to get started. 

Questions that you should answer: Do you want to quit your job now? (hint: don’t) Do you want to buy and rent properties? Do you want to flip houses? What is your risk tolerance? 

Find the perfect time to start

The perfect time to start is NOW. There is never a better to start investing than NOW.  

Procrastination is your worst enemy. Investing as early as possible in your life is the single most important thing to keep in mind when you are overthinking “timing”.

Financing a real estate property

Financing a real estate property requires decent understanding of the financing options available. Knowing your finances, understanding and maintaining a good credit history should be a priority especially if you are new to real estate investing. 

Analyzing a rental property

Analyzing a rental property is citical. Without analyzing a rental property, there is no way of knowing if the investment is even worth considering. Analyzing a rental property is a process that varies from one investor to another. Some tend to do it on the fly, others tend to use spreadsheets religiously. While there may be several variables and factors involved in analyzing properties, one thing is always true, investors analyze properties to determine if they are worth investing in, and so should you.

Common pitfalls to avoid

The world of real estate investing is a vast world full of complexities and intricacies. While your first real estate investment deal does not and should not have to be too complicated, it remains perhaps somewhat difficult and risky. Inherently, you can be prone to making mistakes simply because you are new to the subject and just starting out.

For that reason, it is imperative that you learn from other people’s mistakes. Doing your homework and paying close attention to detail will help diminish the chance of failing in your first real estate deal.  

“Learn from the mistakes of others. You can never live long enough to make them all yourself.” ― Groucho Marx 

What makes this guide unique?

Perfect for beginners!

This guide is perfect if you are getting started in real estate investing. You know you want to invest but don't know how to start. This guide has all the answers for you.

Free Bonus Content!

The bonus content included is extremely valuable. The value of the guide goes beyond the chapters included. You will also receive actual templates to analyze the properties.

Free Updates!

We will send you updates to the guide anytime we make them. We will also make available to you any new property analysis tools as soon as they become available. 

We answer your questions!

If you have any questions, you will be able to reach out to us. In fact, we'd love to connect! By all means, reach out to us and we will be happy to help in any way we can.

What you will learn from this guide

  • Different types of investing
  • Goal definition & expectations
  • Benefits of real estate investing
  • Finding the perfect time to start
  • Cash flow & appreciation
  • Financing a real estate property
  • Debt paydown & inflation hedge
  • Mortgage Types
  • Do you need an LLC?
  • Finding a rental property
  • Tax benefits, debt & equity leverage
  • Analyzing a rental property
  • Determining Cashflow
  • Calculating Net Operating Income 
  • Calculating CAP rate & DSCR
  • Determinig Cash-on-Cash return
  • Determining Cashflow
  • Calculating Net Operating Income 
  • Building a network of professionals
  • Common mistakes to avoid 

FREE VALUABLE BONUS CONTENT (BEYOND THE GUIDE)

Rental Property Analysis Template 

The bonus worksheet is the most important piece of the puzzle for your property analysis needs. At least for me, I rely on this template very heavily. All you need to do is input data in the cells highlighted in green. 

Mortgage Amortization with Extra Payments

The bonus worksheet makes is super easy to calculate dynamically the amortization table while showing the impact of making additional monthly payments towards the principal. Modify the data in the green cells. The rest is automatically calculated.

Complete Guide to Automate Property Analysis

Are you overwhelmed by the sheer number of properties on the market? Are you having a hard time keeping track of the properties you are analyzing? Automating the process using online systems is the way to go. The step-by-step guide with screenshot on how to create a system to manage your property analysis will solve the problem for you.

Other Free Bonus Material

We will send you free bonus material in the future when they become available. Any new useful worksheet or helpful features we come up with will be shared with you automatically.

Take control of your life

  • Establish a passive source of income
  • Spend more time with your family
  • Stop buying money with your time
  • Retire early
  • Build wealth
  • Achieve financial independence

Ready to Get Started?

The great thing about investing in real estate is that success depends largely on the actions you take. There is no employer or boss to have to deal with. You are in total control of how successful you become. If you shelf this guide and do nothing with the information learned, you won’t achieve anything. If you decide to learn more and take action, you would be surprised by what you could accomplish. 

Now it is completely and utterly up to you, and no one by you, where you take it from here.