The Millennial and Gen Z's Guide to Becoming a Rental Property Millionaire - by Jacob Koch (Paperback)

Book Synopsis

There's a reason rich people worldwide buy rental real estate - it works! At some point, everyone will need a place to stay, and contrary to popular belief, it doesn't

require a ton of cash or secret connections to get in the game! However, it is a complex game, and if you make a bad decision, it can cost you a hundred thousand

dollars or more, waste all your efforts, and ruin your credit - Don't go it alone! Learn from my 15 years of experience where I turned my initial $12,300 investment into

$1.7 million.

In this book you will learn:

• The fastest way to save for your first down payment
• What it takes to buy an income property and what the bank will want from
• you
• Different types of financing including low and no money down
• Mortgages and the Mortgage process
• How to locate a good property, in a good area, and buy on value, not price
• How to steer clear of Building Construction Pitfalls with over 250 color
• photos and diagrams
• Property Insurance and Property Taxes
• Deeds and Title Insurance
• Calculating your return on investment (ROI)
• How to make a calculated offer
• Closing on your new Rental Property
• What to do after you close on (buy) your Rental Property
• Repairing and Renovating for Increased Profits
• How to List and Show your Rental Property
• How to find and keep good tenants
• Tenant screening Red Flags
• Leases
• Maintenance
• Preparing for your next property
• The Huge Tax Benefits of Rental Properties
• The magic of Forced Appreciation
• Cash out refinancing to get your reno money back or buy another property
• Some of my personal experiences with tenants so you can get a true idea of
• What it's like to be a landlord and whether it's right for you or not