This book walks you through every important step, from spotting smart investments to taking advantage of tax breaks and loopholes.
With rental prices climbing, vacancy rates low, and property values rising, real estate investing has become a tempting option for achieving financial security. The fixer upper shows today that make it look so easy—simply buy a property, fix it up, and then rent it until you’re ready to sell for a profit—has the number of real estate investors is growing, but the same can’t be said for all their bank accounts. The reality is that real estate can be confusing, requiring in-depth financial and tax knowledge that most newcomers lack
With clear language and updated forms, worksheets, checklists, and formulas, Rental-Property Profits explains how
Evaluate risks and opportunities in a post-recession marketDetermine if you qualify for an investor loaCalculate cash flow and maintain healthy levelsEstablish sound bookkeeping and accounting systemsHandle rental property depreciationReal estate investing is not as easy as it looks on TV, but it also doesn’t have to be risky. With this self-guided manual by your side, avoid the costly mistakes that many before you didn’t see coming, and build the nest egg you deserve!
Michael C. Thomsett is an expert in technical analysis and stock markets. He has published dozens of books on the topic as well as peer-reviewed papers, magazine articles, and blog entries. He has been writing professionally since 1978 and his best-selling, Getting Started in Options (John Wiley & Sons) is currently in its 10th edition (published by DeGruyter with a new title, “Options”) and has sold over 350,000 copies. The author lives near Nashville, Tennessee and he writes full time.