How To Buy And Manage Your First Rental Property
()
About this ebook
How To Buy and Manage Your First Rental Property brings all of the information you will need to one place, including - the easiest way to acquire your first property (especially if house prices are very high where you live) - everything you need to know to deal with the bank and arrange your financing - how to get started renting out your property including setting the rent and marketing - how to find - and KEEP - great tenants - how to manage your property from MOVE IN to MOVE OUT and everything in between - how to understand and organize your bookkeeping, filing and taxes related to rental properties - how to deal with problems as they arise and keep everything on track - includes numerous tips and ideas to keep your tenants happy and your business running smoothly.
I'll show you how to set up a great system and once you have that, you can apply it to your next rental property (and the next and the next).
Shannon Pineau
Shannon's interest in owning rental properties started back in the early 2000's. At that time she was an aspiring new landlord and completely filled with fear and apprehension about taking the big step to buy a rental property. Shannon decided the best thing to do was to prepare herself as much as possible so she began her education with books, articles, classes and real estate investing clubs.Fast forward many years and now Shannon is a veteran landlord. She owns and manages both residential and commercial properties and has had all kinds of experiences along the way. Most positive, some negative but they have all contributed to her evolution from a frightened newbie to a successful landlord.Through it all, Shannon has often thought of starting out and how she wished she had someone to show her the way and guide her through the rental property process. So now that's what she does - teaches beginners to rise above their fears and build more wealth for themselves. Shannon writes eBooks, articles, blog posts and has also created a website to help out the new, aspiring landlord. Because let's face it, you can do it alone but it's much easier with a coach to guide you through the journey.To your success!
Related to How To Buy And Manage Your First Rental Property
Related ebooks
Rental Property Investing: The Practical Guide To Creating Passive Income And Generating Wealth By Building Your Rental Property Empire Even If You Have No Money To Put Down Rating: 0 out of 5 stars0 ratingsHow to Start House Flipping: A Beginners Guide to Understanding How House Flipping Works and How to Make Profit from It Rating: 0 out of 5 stars0 ratingsHow To Flip Your First House:: The Beginner's Guide To House Flipping Rating: 0 out of 5 stars0 ratingsRental Property Investing Real Estate Strategies Made Simple, Investing, Passive Income And Creating Wealth Rating: 0 out of 5 stars0 ratingsThe Essential First-Time Home Buyer's Book: How to Buy a House, Get a Mortgage, And Close a Real Estate Deal Rating: 0 out of 5 stars0 ratingsRENTAL PROPERTY INVESTING: How To Create Wealth Trough Real Estate Investment and Build A Passive Income Business Rating: 0 out of 5 stars0 ratingsVirtual Real Estate Investing Secrets Rating: 4 out of 5 stars4/5Airbnb And Vacation Rental Passive Income Without Owning Real Estate Rating: 0 out of 5 stars0 ratingsDon't Get Scammed When Buying a Home Rating: 5 out of 5 stars5/5Real Estate Investing: How to Flip a House as a Real Estate Investor Rating: 4 out of 5 stars4/5Cash Flow From Short Term Rentals: Maximise Vacation and Holiday Rentals Rating: 0 out of 5 stars0 ratingsRental Property Investing for Beginners: How to make money from Rental Property; Tips and Strategy to Buy Low and Rent High Rating: 0 out of 5 stars0 ratingsThe Landlord Way!: Key Forms, Information From 30 Year Veteran In Rental Business!Updated! Rating: 0 out of 5 stars0 ratingsReal Estate Investors Investing In Lease Options Rating: 5 out of 5 stars5/5Your First Home: A Buyer’s Kit - For Condos and Houses! Rating: 0 out of 5 stars0 ratingsLoving Landlording How to Get the Best Tenants and Make the Most Money Letting Others Buy Real Estate for You Rating: 0 out of 5 stars0 ratingsAirbnb Mentality Rating: 0 out of 5 stars0 ratingsUnconventional Real Estate Investing Rating: 0 out of 5 stars0 ratingsProperty Management Basics for the Part-Time Landlord Rating: 0 out of 5 stars0 ratingsThe Real Estate Property Management Guide Rating: 5 out of 5 stars5/5The Smart First-Time Home Buying Guide: How to Save for A Home Down Payment with Limited Money Rating: 5 out of 5 stars5/5How to Buy a House: Vital Real Estate Strategy for the First Time Home Buyer Rating: 0 out of 5 stars0 ratings
Investments & Securities For You
Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5Stock Investing For Dummies Rating: 5 out of 5 stars5/5Principles: Life and Work Rating: 4 out of 5 stars4/5The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5How to Invest: Masters on the Craft Rating: 4 out of 5 stars4/5Just Keep Buying: Proven ways to save money and build your wealth Rating: 5 out of 5 stars5/5Small and Mighty Real Estate Investor: How to Reach Financial Freedom with Fewer Rental Properties Rating: 0 out of 5 stars0 ratingsBuy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game Rating: 5 out of 5 stars5/5Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties Rating: 5 out of 5 stars5/5Girls That Invest: Your Guide to Financial Independence through Shares and Stocks Rating: 5 out of 5 stars5/5The Money Game Rating: 4 out of 5 stars4/5How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started Rating: 5 out of 5 stars5/5Day Trading For Dummies Rating: 3 out of 5 stars3/5The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications Rating: 5 out of 5 stars5/5
Reviews for How To Buy And Manage Your First Rental Property
0 ratings0 reviews
Book preview
How To Buy And Manage Your First Rental Property - Shannon Pineau
TO YOUR SUCCESS!
My name is Shannon Pineau and I want to start by saying THANK YOU for buying my eBook!
I’ve been a landlord for many years now but when I was getting started and thinking about buying my first property I had many doubts and fears. Some of the questions going through my mind were, Can I afford this? How will I know how to find good tenants and what to charge for rent? What do I need to know to manage a property and be a good landlord?
I knew that I wanted to buy a property so that I could get ahead financially but it was a huge goal and seemed very overwhelming. I remember wishing at the time that I had a good step-by-step guide that was easy to understand to walk me through the process or even an experienced landlord to advise me and show me the ropes.
It took a lot of work to find all of the information that I needed because there were so many sources available. I did a lot of research, read a lot of books, took some classes, joined a real estate investor network and then eventually took the plunge and started with my first property.
Fast forward several years and now I’ve had multiple rental properties and all kinds of different tenants and experiences along the way. I’ve also never forgotten that wish to have a coach and a step-by-step guide to follow when I was just getting started.
So here it is…with this eBook, I will guide you through this process from start to finish and help turn this into an easy, organized, profitable business for you. My ultimate goal is to help you achieve financial success through owning rental properties so read on and let’s get started on that journey. I am YOUR RENTAL PROPERTY COACH and I will show you how to do it all.
THE ADVANTAGES OF OWNING A RENTAL PROPERTY
Buying rental properties is an amazing way to increase your wealth exponentially over time. Here’s why:
• You own an appreciating asset. All markets have their ups and downs, including the real estate market, but historically they rise over the long term. The property will appreciate on its own with regular maintenance or you can improve the property to increase the value more quickly.
• It’s a tangible asset, meaning that you can go look at it and touch it any time you want. Unlike the stock market, you know exactly what you have purchased and you can see your investment right in front of you.
• Someone else is paying it off for you. Once you have tenants in place, they are paying the mortgage on the rental property for you and eventually you will own the asset free and clear using someone else’s money. Of course there can be shortfalls along the way and you might end up covering these with your own money but overall, the bulk of the mortgage will be paid by your tenants.
• You can use the property as a source of income for yourself. Once the property is paid off you can hang on to it for the income it produces. You could use the income to finance more rental properties, use it to finance other investments, use it to supplement your income so you can work less, or use it to contribute to your retirement.
• You learn valuable new skills. You learn the best way to find and buy new rental properties, how