read The Book on Rental Property Investing ebook Author Brandon Turner


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  1. says: Brandon Turner È 5 review read The Book on Rental Property Investing ebook Author Brandon Turner

    Free read The Book on Rental Property Investing Brandon Turner È 5 review Read ñ PDF, eBook or Kindle ePUB free È Brandon Turner The book is amazing and the author covers exactly what the title implies Everything I would recommend it without a second thought The book can

  2. says: read The Book on Rental Property Investing ebook Author Brandon Turner

    read The Book on Rental Property Investing ebook Author Brandon Turner I've read through a few real estate books but none have come anywhere near close to this one This is my go to guide for Rental Property Investing It is a comprehensive guide featuring in depth discussion and clear concise an honest rarity for this genre examples on searching for properties funding them screenin

  3. says: Free read The Book on Rental Property Investing read The Book on Rental Property Investing ebook Author Brandon Turner Brandon Turner È 5 review

    read The Book on Rental Property Investing ebook Author Brandon Turner This book is a great investment for your real estate journey I give 5 starsThis book highlights all the issues we face owning a r

  4. says: read The Book on Rental Property Investing ebook Author Brandon Turner

    read The Book on Rental Property Investing ebook Author Brandon Turner Read ñ PDF, eBook or Kindle ePUB free È Brandon Turner Free read The Book on Rental Property Investing Lets go through all of the steps to make a peanut butter and jelly sandwich First go to the store and buy the ingredients Many stores should have bread peanut butter and jelly but if your store doesn't just ask around Many people who make peanut butter and jelly sandwiches will be happy to tell you where they pur

  5. says: read The Book on Rental Property Investing ebook Author Brandon Turner Brandon Turner È 5 review Free read The Book on Rental Property Investing

    Free read The Book on Rental Property Investing read The Book on Rental Property Investing ebook Author Brandon Turner Brandon Turner È 5 review First real estate book read after owning a rental propertyGreat book Well worth the price I think I have been lucky so far with my rental property but will seriously reevaluate my lease with my tenants once up Great direction for landlord securities and I will be joining the bigger pocket forums now and listen

  6. says: Read ñ PDF, eBook or Kindle ePUB free È Brandon Turner Brandon Turner È 5 review Free read The Book on Rental Property Investing

    Free read The Book on Rental Property Investing Read ñ PDF, eBook or Kindle ePUB free È Brandon Turner Brandon Turner È 5 review Audiobook review I loved that this book was basic but in depth perfect for beginners The audiobook was great Brandon was the perfect narrator but I would like to get a hard copy in the future because there’s tons of lists math etc

  7. says: read The Book on Rental Property Investing ebook Author Brandon Turner

    Read ñ PDF, eBook or Kindle ePUB free È Brandon Turner read The Book on Rental Property Investing ebook Author Brandon Turner Brandon Turner È 5 review I wish I would have started with this book it answered so many uestions about the nuts and bolts of real estate investing Most books I have read on the subject we're great as well but none so far have gone as deep into the fundamentals of real estate investing Couldn't recommend this book highly enough Was able to get this book and the audio version off the BP website on a special promotion Love these guys

  8. says: read The Book on Rental Property Investing ebook Author Brandon Turner

    Read ñ PDF, eBook or Kindle ePUB free È Brandon Turner Brandon Turner È 5 review read The Book on Rental Property Investing ebook Author Brandon Turner Good book for the beginner Very encouragingLot’s of references to the websiteCould be condensed to half the size without the fluff but overall has the potential to be very useful for those looking for a real way to step into real estate investing

  9. says: Brandon Turner È 5 review Read ñ PDF, eBook or Kindle ePUB free È Brandon Turner read The Book on Rental Property Investing ebook Author Brandon Turner

    read The Book on Rental Property Investing ebook Author Brandon Turner Free read The Book on Rental Property Investing ‘One of life’s most painful moments comes when we must admit that we didn’t do our homework that we are not prepared’Investing in real estate is something I have always wanted to do I knew from an early age that I did not want to spend my life paying someone else’s mortgage in the form of rent and was adamant that I could achieve than simply finding a family home to settle down in and wait until retirementI am a competitive per

  10. says: read The Book on Rental Property Investing ebook Author Brandon Turner

    Free read The Book on Rental Property Investing Read ñ PDF, eBook or Kindle ePUB free È Brandon Turner Brandon Turner È 5 review I've read this book several times and I always learn something new This book has no motive to sell you a guru's co

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Read ñ PDF, eBook or Kindle ePUB free È Brandon Turner

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Dn t recommend this book highly enough Was able to get this book and the audio version off the BP website on a special promotion Love these guys First real estate book read after owning a rental propertyGreat book Well worth the price I think I have been lucky so far with my rental property but will seriously reevaluate my lease with my tenants once up Great direction for landlord securities and I will be oining the bigger pocket forums now and listening to the podcasts This book is a great investment for your real estate ourney I give 5 starsThis book highlights all the issues we face owning a rental property and surprisingly I was able to match all the problems we ever faced owning a small multi complex building with the ones mentioned in the book We never knew these were fairly common in the real estate world and luckily the book also guides you through solving most of these issues Additionally this book is full of precious content including analyzing a rental property process of financing one house flipping managing tenants and several other topicsAfter reading the entire book I was euipped with the necessary tools to fix the system for our small multi complex building The book is amazing and the author covers exactly what the title implies Everything I would recommend it without a second thought The book can be summarized as followsCHAPTER 1 WHY I LOVE RENTAL PROPERTIESWhy Rental Properties1 Ability to purchase with leverage2 Ability to hustle for greater returns3 Ability to manage investment directly4 People always need a place to live5 It has worked for millions of people before6 Fairly stable and predictable7 Incredible variety8 Simple and straightforward Just learn the strategies9 You can buy below market value10 Insider trader is legal11 Not having to be present to make money12 Unlike house flipping which takes advantage of only forced appreciation with rental properties you can capitalize on all four of real estate s major profit sources the four wealth generator which are 1 Appreciation which could be natural or forced The problem with relying on appreciation is what happened in 2007 There is no denying the incredible role appreciation has played in investor s lives but there is also no denying the risk involved in relying on appreciation to make a profit especially when the market is appreciating like crazy 2 Cash flow 3 Tax savings 4 Loan paydown You can automate part of your wealth building by simply obtaining a loan on your rental property and using the income from your tenants to pay that loan down each and every month Downsides of Rental Property Investing1 Building wealth takes time2 It can be all consuming3 You have to deal with difficult people4 It involves paperwork and bookkeeping5 You can lose your investmentHow Much Money Does One Need to Invest in Rental Properties In simple terms enough to cover your down payment and reservesYou can use leverage loan for your down payment However the leverage you use the greater the risk you may be taking So think How secure you are instead of What is the percentage of leverageReserves Do NOT forget cash reserves to cover any problems you might face The author recommends starting with six months of expenses for each unit you haveTo uit or not to uit1 Rental properties build wealth slowly so uitting your ob soon through rental properties will be tough2 Real estate investing can be a ob or an investment Which do you want House flipping and real estate wholesaling are obs Owning rentals is an investment 3 Even if you can uit should you If you do so you lose compound interest and exponential growth which means the earned money is reinvested again in assets You will live off and lose the second wealth generator cash flow However there are two ways to live off your cash flow there are two ways 1 The cash flow per door method In simple words after all the bills are paid each month how much per door method In simple words after all the bills are paid each month how much is left over per unit And how many units you need to survive 2 The return on investment method You look at the return on investment and the annual cash flow you want to retire with to know the amount of cash you should invest Use the following simple formula Annual Cash Flow Interest Rate Cash InvestedCHAPTER 2 THE FIVE KEYS TO RENTAL PROPERTY SUCCESSThink Study and learn Pick the right plan Acuire assets Manage themCHAPTER 3 FOUR SAMPLE PLANSThe author discussed four strategies to build wealth through rental properties CHAPTER 4 THE TEN MEMBERS OF YOUR REAL ESTATE TEAM1 Spouse2 MentorAccountability Partner Your mentor should be your friend not a paid coach3 Real Estate Agent They will help you with the listed properties not the for sale by owner properties Most real estate agents are terrible and will not help you Build a relationship with a great agent Never rely on an agent to make decisions for you 4 Lenders5 Contractors and Handymen6 Bookkeeper7 CPA Certified public accountant8 Lawyer9 Insurance Agent10 Property ManagerCHAPTER 5 ANALYZING A RENTAL PROPERTYYou need to understand the numbers and do the math Never let anyone else do it for you The two most important factors when analyzing a rental property are 1 Appreciation It is the euity gained as the property value increases 2 Cash flowBefore You Analyze a Rental Property you need to know 1 Cash Flow1 Calculating Income2 Calculating Expenses which include Mortgage taxes insurance flood insurance if needed water sewer garbage gas electricity HOA home owner s association fees if applicable snow removal lawn careThe following four expenses are difficult to calculate and thus we need to look at those numbers as percentages and translate those percentages into dollar amounts Vacancy Know the typical vacancy rate Let s say it is 5% and the property rents for 1000 per month you simply multiply 1000 by 005 to get 50 This is the amount you will want to include for your vacancy expense each month Repairs The author assumes repairs to cost around 5% to 15% yearlyCapEx Estimate how many years the expensive big ticket items will last and how much they will cost and then divide these out by the number of years CapEx is almost the same for cheap and expensive properties What this means is that CapEx is much greater percentage of the income the lower the property value Property management Cash on cash return on investment CoCROIIt is a simple metric that tells us what kind of yield our money is making us based only on the cash flow ignoring appreciation tax benefits and the loan pay downCoCROI Total Annual Cash Flow Total Investment Two Rules of Thumb That Might Help The following rules are not strictly accurate1 The 50% rule A rental property s expenses tend to be about 50% of the income not including the mortgage PI payment Cash Flow Total Income x 05 Mortgage PI2 The 2% rule It is simply the ratio between rental income and purchase price Meeting the 2% rule means that a property s monthly rental income must eual 2% of the purchase price greater Monthly Rental Income Purchase Price XHowever the percentage 2% is not Fixed And It Depends and depends several factorsSteps to Analyze a Property Step One Figure Out Total Project Cost1 Purchase Price2 Purchase Closing Costs Included might be loan points loan origination fees prepaid insurance prepaid property taxes title and escrow fees recording fees attorney charges and other fees. Discover Why many real estate investors fail and how you can ensure you don’t Four uniue easy to follow strategies you can begin implementing today Creative tips for finding incredible deals―even in competitive markets How to achieve success without touching a toilet paintbrush or broom Actionable ideas for financing rentals no matter how much cash you have Advice on keeping your wealth by deferring and eliminating taxes And so muc. ,

Will need to surround yourself with people who understand the industry and can assist you in navigating through the process successfullyChapter 5 Analysing a Rental PropertyThe I read through this book the I realised how little I actually knew about how to be a successful real estate investor I knew nothingThis chapter will go through in immense detail exactly how to analyse a potential property It is not simply mortgage payments vs rental income there are so many details that a novice Flappers just wouldn t even begin to think ofChapter 6 Investing While Living in an Expensive AreaThis will be so relatable to many of you reading this We all know how expensive it is living and especially renting in Dublin This does NOT mean you need to head down the country to make an investment youust need to execute intelligently in order to be successfulChapter 7 Types of Rental Properties All real estate investments are not created eual I used to think I was going to A Borgia Daughter Dies just save up 40 or 50k and get a nice 3 unit gaff in Rathmines or something I d cashflow 2k in rent and I would be good to go The fact is it sust not that easyYou need to understand and acknowledge that there are many different types of rental properties and in order to plan effectively know what you are going forChapter 8 Location Location LocationAgain you might think you know exactly what you want but are you 100000% sure You better be Before you commit to an investment in real estate you NEED to know every detail about the location Vacancy rates average rent crime rates flood history the list goes on but the lesson remains the same do your homework before you commitChapter 9 How to Find Rental PropertiesThis is something I have honestly been neglecting I thought it was the least of my concerns but there is so much competition in this industry particularly in Dublin due to the high rent you need to think outside of the box hereAsk yourself honestly could you find 100 potential real estate investments per year Where would you start Because that is what will be reuiredChapter 10 Which Properties Make the Best RentalsThis book is full of valuable information phenomenal insight into what to look for and what NOT to look for when navigating this landscape Like me many of you are probably confident you have what it takes driven and focused on being successfulI found myself regularly taking deep breaths going through this book grateful for the insight as I have already avoided so many mistakes myself ust from reading about all the potential red flags that I would never have thought ofChapter 11 Submitting Your OfferBeing a successful real estate investor is something I aspire to be and I m slowly realising that the only way to achieve this goal is to make as many offers as possible There are specific details clauses and contingencies that go into making offers on real estate that never even crossed my mindThis chapter will go through exactly what is reuired in making an offer and how to improve your odds on being acceptedChapter 12 Real Estate NegotiationAnyone who has ever read the book In Business As in Life You Don t Get What You Deserve You Get What You Negotiate written by Chester Karrass will already understand how important this part of the process isThe discussions you have with your lawyer and the property owner can make or break your deal and a great deal won t be easy to find unless you re willing to fight for itChapter 13 Financing Your Real Estate InvestmentReckon you know what you re doing on this end I thought I did I fancied my chances of AIB giving me a decent mortgage and with my First Time Buyers Clause I could get a 90% LTV rate and find a great deal in no timeYes this is the plan for most of us but it s not the only way to finance a deal and you could argue that there are much better waysChapter 14 How to Get a Loan Approved GuaranteedYou ll find as you read this book that all is not as it seems nothing is black and white and no two deals are going to be the same This chapter opened up my eyes to the fact that there are certain things that banks are looking for and there are different ways to approach the loan application processChapter 15 The Due Diligence ProcessWith no background in real estate investing and zero knowledge of property law I found this chapter incredibly useful There is a specific way of operating when you get to this stage of a deal with many things to Be Wary OfWhile I wary ofWhile I nowhere near a deal being reached myself after reading this book I feel a lot euipped on how to handle myself when I do arrive in this scenario Do not ump into the purchase of a property until you and your lawyer are satisfied that all is how it seemsChapter 16 Getting Ready to CloseThis was another chapter that emphasised to me ust how important it is to dot all the i s and cross all the t s as a deal can really go up in flames at any stage of the process and you ll need to be preparedThe closing of a real estate deal can be expensive but there are handy ways of approaching the process and the manner in which Brandon Turner goes through his personal anecdotes make it much much clearer to folk like myself who are very early in the research processChapter 17 Managing Your Rentals Part 1 Chapter 18 Managing Your Rentals Part 2Oh so you thought once you have the keys that you re done Time to retire and go chill on the beach This may be a bitter pill to swallow but once you ve actually closed the deal that is really where all the hard work beginsEven if you ve managed to close a phenomenal deal on paper you need to have your ducks in a row in order to make sure it s a successful real estate investmentChapter 19 Exit Strategies and 1031 Tax ExchangesI recently went through the process of asking every single person I knew about the euivalent of a 1031 Tax Exchange in Ireland An Irish Solicitor by the name of Terry Gorry eventually got back to me with some useful informationTerry is also a real estate investor and has a YouTube channel with some helpful chapter will drilldown how important it is to educate yourself On Real Estate As real estate as before committing and fully understand the numbers in a deal before it s too late The last thing you want is to make loads of cash on a property only to lose your capital gains to the tax man Chapter 20 Final ThoughtsI would recommend dropping any ego you ve got about investing before picking up this book I thought I knew exactly what I was doing and was completely humbledThis is a book designed to assist you in avoiding mistakes saving years of trial and error and euipping you to be a really successful real estate investorI plan to revisit this book again next year as it has taught me many many lessons on the industry and I plan to use it as my bible for real estate investing for the foreseeable future Check out Biggerpocketscom if you are interested in this industry there is a great community of like minded individuals and useful anecdotes to further help you on your uest to becoming a successful real estate investorInterested in buying the book I got it here I wish I would have started with this book it answered so many uestions about the nuts and bolts of real estate investing Most books I have read on the subject we re great as well but none so far have gone as deep into the fundamentals of real estate investing Coul. Urner―active real estate investor bestselling author and co host of the BiggerPockets Podcast―has one goal in mind to help you find success and avoid the unk that pulls down so many wannabes New and experienced investors alike will learn how to build an achievable plan find incredible deals analyze properties build a team finance rentals and much ―everything you need to become a millionaire rental property investorInside you’ll. ,

I ve read this book several times and I always learn something new This book has no motive to sell you a guru s course it s purely educational I would highly recommend this and other books pub Good book for the beginner Very encouragingLot s of references to the websiteCould be condensed to half the size without the fluff but overall has the potential to be very useful for those looking for a real way to step into real estate investing Audiobook review I loved that this book was basic but in depth perfect for beginners The audiobook was great Brandon was the perfect narrator but I would like to get a hard copy in the future because there s tons of lists math etc Lets go through all of the steps to make a peanut butter and elly sandwich First go to the store and buy the ingredients Many stores should have bread peanut butter and elly but if your store doesn t Tanya Jawab Lengkap Permasalahan Jual Beli just ask around Many people who make peanut butter andelly sandwiches will be happy to tell you where they purchase their favorite ingredients Next spread the peanut butter on one slice and the elly some call it am but I prefer A Perfect Scar And Other Stories jelly on the other slice Many potential sandwich makers are afraid of cutting themselves but there is no need to worry You can use a butter knife which isn t sharp enough to pierce the skin and spreads very easily Finally put the two pieces together Many people mess this up but you re a SMART sandwich maker You ll make sure to have the peanut butter andelly on the interior of the sandwich while others will be left with messy hands Make sure to clean up your mess while its still small trust me this will make things a lot easier don t think I can t clean this mess think How can I clean this mess Having a cleaning system will set you up for long term success And Makrifat Daun Daun Makrifat just like that you have yourself a sandwich Pretty neat huhIf you didn t know how to make a PBJ sandwich you do know But at what costI was really excited to read this book especially given its high rating Unfortunately it left me disappointed First the positive The book does a greatob of giving you a cursory view of the entire rental property investing process As a person who did not know very much going into it it provided insight into what the domain looks like so I can further explore topics on my own It did not go very deep into the topics but it gives you plenty to get startedMy biggest complaint with the book is the writing style This book could easily be distilled into half its size I often found myself skimming past paragraphs offering little than the title heading The tone of the writing felt like I was being babied through the process Just tell me the information about real estate investing that I need to know and leave the inspiration motivation and positive thinking for me to do on my own I suspect that most positive reviews are from regular readersviewers of BiggerPockets This is probably reflective of great content elsewhere from BiggerPockets but I don t think this book is it I ve read through a few real estate books but none have come anywhere near close to this one This is my go to guide for Rental Property Investing It is a comprehensive guide featuring in depth discussion and clear concise an honest rarity for this genre examples on searching for properties funding them screening tenants managing tenants and everything in between I have learned so much from biggerpocketscom they are the real estate authority in my opinion the Facebook of Real Estate investing and this book has enhanced my knowledge and growing expertise Another huge selling point is that Brandon is absolutely hilarious It is very difficult to translate comedy into writing but he has incredible comedic timing and is genuinely funny his style of writing made learning about tax laws technical terms rehabbing etc so much fun This is a book that I look forward to rereading again and again It seemed to focus primarily on multifamily residential properties on the smaller side 2 24 units but a lot of it is still very applicable to larger properties tooHIGHLY RECOMMENDED smaller side 2 24 units but a lot of it is still very applicable to larger properties tooHIGHLY RECOMMENDED newbies interested in this RE niche It would also serve as a spectacular checklist for people with experience and likely provide a few tricks and strategies to implement or refine One of life s most painful moments comes when we must admit that we didn t do our homework that we are not prepared Investing in real estate is something I have always wanted to do I knew from an early age that I did not want to spend my life paying someone else s mortgage in the form of rent and was adamant that I could achieve than simply finding a family home to settle down in and wait until retirementI am a competitive person by nature but I get incredibly frustrated when I feel that I am underperforming or underachieving While eager to get on the property ladder I am even eager to do well once I become a real estate investor Choosing this book is one of the greatest things I could have done on my ourney to become a successful real estate investorThis book will act as your comprehensive guide to approaching real estate investing providing you investorThis book will act as your comprehensive guide to approaching real estate investing providing you in depth discussion and clear concise examples on searching for properties funding them screening tenants managing tenants and everything in betweenFor those of you like myself with zero experience looking to euip yourselves with the tools to get started this book will give you everything you need I already feel knowledgeable on the steps involved in becoming a successful real estate investorChapter 1 Why I Love Rental PropertiesI often swing between being really excited about an investment to thinking it must be too good to be true but at the end of the day investing in anything will always be about two main things value and cash flow This chapter will help you get a clear understanding of what to look for in a potential property for it to be a good dealChapter 2 The 5 Keys to Rental Property SuccessMost people myself included initially look at real estate because they think it will be easy cash Rent coming into the bank account each month without having to lift a finger passive income early retirement etc While this is true to a degree it s ust not that easy you need to plan your deals down to the finest detail for it to workThis chapter will explain to you how your mindset will need to be before you attempt to purchase a property and go through the integral parts of a successful planChapter 3 Four Sample PlansHonestly this was my favourite chapter of the book The guides and the theory is all great but it needs to be practical and relatable to real life situations If You Want To Do Well In Real Estate Investing you want to do well in real estate investing better make sure you know at least basic accounting and if you re not good with numbers you better get good because every detail matters and if you aren t making the right projections a good deal can turn into a terrible deal very uicklyThese plans give a vivid description of how to accurately project whether or not a deal can be successfulChapter 4 The 10 Members of Your Real Estate TeamYou might think this real estate thing is dead easy and you can do it all yourself once the details make sense No Like any successful business and this will be a business you need to hire the best possible employees in order to cash flow and achieve a solid bottom lineI don t mean actual staff but you. Every strategy tool tip and techniue you need to become a millionaire rental property investorIf you’re considering using real estate investing to build wealth or obtain financial freedom this book is a must read With nearly 400 pages of in depth advice The Book on Rental Property Investing imparts practical and exciting strategies that investors across the world are using to build significant cash flow with rental propertiesBrandon ,

The Book on Rental Property Investing