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Check out our Premium Courses that save you time and show you exactly how to start earning passive income through rental property.
ZerotoProperty
Buy that first rental property with our proven, streamlined process to buying rentals. It's a no fluff, no hype process that gives you tips and strategies to closing on that first property.
Find Good Deals on Potential Rentals
Game changing tips to help you know where to find properties and how to spot a good deal in any market so that you can confidently buy that first (or next) rental.
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Check Our Our ALL NEW Financing Videos that Will Teach You Everything You Need to Know to Finance Your Next Deal
Video #1
House Hack Your First Rental Property
Want to get into real estate investing, but don't have a ton of cash to start? Looking to buy your own home as well? Well, you can do both at the same time by buying a multi unit for a personal residence, rent out the other side, and then rent out the whole property when you move. All the while making rental income and keeping money in your pocket!
Video #2
Debt to Income Ratios: Why They Determine Your Ability to Qualify
Anyone looking to buy a piece of real estate with financing needs to understand the DTI Ratio. It can determine what you are able to borrow and you can figure out your ratio on your own.
Video #3
A Buy & Hold Investor's Ticket to Financing: Conventional Financing
As an investor in rental property seeking financing from a bank, this will be the road you will most often take. It is the most used type of financing for rental property investors. Learn about conventional financing, its terms and actual numbers on a deal.
Video #4
The Power of Cash
When investing in real estate it's amazing how much power paying in cash has to help close a deal. Tune into the video to see what leverage you can obtain when you pay for a deal in cash.
Rental Property E-Course
Let me walk you through some of the most overwhelming aspects of investing in rental property.
Our videos will show you how to find, analyze and manage your investment properties. All while providing you with great resources and "extras" that you can download, print and use during your own investing process.
What I'll Learn In The Course...
- How and where to find properties
- How to analyze and "run the numbers" on potential properties
- What to do to be a prepared landlord
- Why you should complete walk thrus with tenants
- How to calculate an Return on Investment (ROI)
- What you should include in a tenant application
- Why running a rental comparable analysis can save you from bad deals
- What to do when you find a property you are interested in
- and more...
Finding Rental Properties
Yes, you've done it. You have decide what type of investor you are and you are ready to take the next step in your investing journey. So what is that next step? Finding the right rental property for you. Luckily, there are multiple ways to do this and you may do one or all of the following:
- Find and talk to an agent about current listings
- Reach out to family and friends about properties they know are for sale
- Check out online resources to find foreclosures, auctions, re-sale, and for sale by owner properties
- Drive around potential neighborhoods you wish to invest in
Related Podcasts
Click to tune in and learn.
Show08: Finding, Buying & Managing Properties from 165 Miles Away
Show 012: Why We Walked Away From a Deal That Yielded Us an 80% ROI.
Show 015: 0 to 5 Properties While Working a Full Time Job
Show018: The Quickest Way to Grow Your Rental Portfolio (and avoid capital gains tax)
Show022: 8 Things to Do to Prepare for a Tax Auction
Related Posts
Click and read to learn more.
Should I Roll the Dice and Buy a Property Sight Unseen?
Does the Local Rental Market Affect My Investment?
4 Things To Consider About An Area Before You Buy A Rental Property
How To Buy a Rental Property in 9 Easy Steps
The Pros and Cons of Students Rentals- Look Out For Pro #1
Buying a Property That Guarantees Over $10,000 of Cash Flow in the First Year: Part 1 of 4
Analyzing Rental Properties
So you've found a potential rental property, great! Now you must decide if the numbers work. Remember, to be a smart and savvy investor you must buy based off of numbers not emotion. However, you don't just want to look at the purchase price and potential rental income. There are a number of other numerical factors that you must take into consideration including:
- HOA/Condo Fees
- Property Taxes
- Home Insurance
- Potential Rehab Costs
- Holding Costs
- Property Management
- Capital Expenditures
- and more...
Related Podcasts
Click to tune in and learn.
Show002: How to Kickstart Your Real Estate Empire with Traditional Financing
Show007: 3 Contract Dates that You Should Never Leave Out
Show010: 7 Different Paths to Investing In Buy and Hold Property
Show014: It's Not Always About the Numbers-4 Other Things to Consider When Analyzing a Deal
Show 013: The Snowball Effect: Growing Your Portfolio with This One Tip
Show020: Analyzing a Potential Property- What to Think About Before You Commit
Related Posts
Click and read to learn more.
Managing Rental Properties
Yes, you have successfully researched, analyzed, and purchased your rental property! As happy as you are, you must know that the work doesn't stop there. If you do your diligence and fix any problems and rent to good tenants, your work may be minimal. However, you are now a manager of your property and with that comes a lot of responsibility.
- Uphold the terms of the lease
- Fix any issues that may arise
- Keep records of your expenses & income
- Hire contractors for small or large fixes
- Screen Tenants
- Show the property to potential tenants
- and more...
Related Podcasts
Click to tune in and learn.
Show003: Home Warranties: How They Can Help You Weather Financial Storms
Show004: You May Be Breaking Real Estate Laws & Not Even Know It
Show008: Finding, Buying & Managing Properties From 165 Miles Away
Show009: 9 Things to Prepare for Tax Season in 10 Minutes
Show011: How Driving For Your Business Can Save You Thousands
Show 013: The Snowball Effect: Growing Your Portfolio with This One Tip
Related Posts
Click and read to learn more.
Do You Know Why Walk Thrus Are So Important For The Investor?
Always Screen Your Tenants Because This Could Happen To You
This One Thing Saved Me $6,050
Be Careful About Being Too Picky When Choosing Your Tenants
Allowing Tenants To Have Pets May Not Be Up To You-Even If You Own The Property
One Thing That Will Save Investors From Misunderstandings. Do You Require Your Tenants To Buy It?
Get Your Properties Rented Faster Using an Online Rental Application
Save yourself and your potential tenants time and make the application process easy and efficient. The Online Rental Application allows applicants to complete it anytime, anywhere and you receive email notifications as soon as they hit submit.
Downloadable PDFs: Click below to access a variety of spreadsheets, checklists, and step by step guides.
Brand New Download: Walk Thru Checklist
Download our Free Walk Thru checklist to help you in your landlording journey. By completing a walk thru when a tenant moves in and out of your property protects you from potential misunderstandings. Documenting the condition of the property at both times (I even recommend taking pictures) helps keep your property safe and your pocket full.
Property Analyzer
Need to run the numbers on a property? Use our property analyzer to determine the mortgage payment, yearly income, ROI and more.
Ebook Sample
Snag a free sample of The Complete Guide to Getting Started with Buy & Hold Investing and take the first steps toward your own investing journey.
8 Steps to a Property
Are you a rookie to buy and hold investing? Follow these 8 steps to purchasing your first rental property. We've followed these steps with every property that we've bought.
9 Steps To a Rental Property
It may seem overwhelming, but the reality is that there's a process to follow when wanting to buy a rental property. Follow these 9 steps to help you get started or to continue on your investing journey.
Understanding Investing 'Lingo'
There are a lot of crazy terms and acronyms out there and if you're new to real estate, it can be very confusing. Grab a copy of our Guide to Understanding Investing Terms to get you talking like a pro investor.
20 Must Ask Questions
Interested in a property, but don't know what to ask? This checklist gives you 20 questions you should ask the seller or realtor to make sure you're learning as much as possible about the property.
Rental Comparables Spreadsheet
Renting is kind of like selling a property. When deciding on what to rent your property for, you must take a look at the current market and comparable properties. Use this spreadsheet to analyze other rentals like yours.
Property Demographic Analyzer
Doing your due diligence on not only the property of interest, but the area too will help you make a better investment. Use this analyzer to help you research the area you are looking to invest in to ensure that it is market that aligns to your goals.
9 Important Elements of Financing
Most of us don't have a huge sum of cash sitting around. So, we must find financing to help us break into the rental market. Before wasting anyone's time, check out these 9 elements of financing to see if financing would be an option for you.
Get the Details on Our Rental Portfolio
Looking to see some actual numbers, pictures and breakdowns of real investor's properties? Perfect, look no further! Check out the PDFs below to see our actual rental portfolio. You can see pictures of our properties, the mortgage information and current rental rates and income.
Learn From Our Own Renovation: We take you through the different steps of a recent fix up of one of our properties.
Check out the video to learn about one of our quick renovations to our rentals. We take you through the planning, actual renovation and the real numbers that came with the project. Let us walk you through our own reno to help you feel more confident in your own!
Rental Property for Rookies: The Complete Guide to Getting Started with Buy and Hold Properties
Save $5 on our Ebook for joining the RentalRookie Community (originally $14.99)
Relatable Resources: There are plenty of resources available online for you to use as a buy and hold investor. Check out some of the ones we've used and recommend to other investors.
