Buying Your First Rental Property | Real Estate Investing Basics

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Click this link to download chapter 1 of the ABCs of Buying Rental Property: https://bit.ly/BRPBook Learn more about Ken McElroy and sign up for his video library at: https://kenmcelroy.com/membership-account/membership-levels/ Join Ken McElroy as he talks with his co-writer for his latest book the ABCs of Buying Rental Property. • • • Check out some of our recommended products! Please note: These are our sponsors & advertisers, so if you use them, we will get compensated. There's no additional cost to you. For your banking needs: ➤ Business Banking for Small Businesses and Freelancers 🏦 NorthOne - Open a business banking account in 3 mins and get $10: https://apply.northone.com/ken For locating investment properties: ➤ What is Driving for Dollars? Driving for dollars is a more direct approach to finding wholesale properties than simply sending out emails to inboxes or letters in the mail. It’s the term used when you drive around a neighborhood that you think could house future wholesale deals, then document distressed properties to create unique lead lists. Oftentimes, it can be more profitable than other techniques. Ken’s fans instantly get $15 in credits with promo code KenDM! https://dealmachine.app.link/kendm • • • ⏰ Timestamps ⏰: 0:00 Introduction 2:30 Working with Ken 6:08 Introducing the ABCs of Buying Rental Property Book 7:00 Talking about a first-timers process 15:10 Stocks vs Real Estate 19:33 Property value discussion 20:13 The real purpose of investing Be sure to click the bell to be notified as soon as the next informational video is posted! To purchase Ken's book follow this link: https://amzn.to/31BWvXB Visit Ken's Amazon Shop: https://www.amazon.com/shop/kenmcelroy Ken has a real estate strategies podcast! Follow on your favorite platform for new discussions released weekly. Apple Podcasts: https://apple.co/3jDqftx Spotify: https://spoti.fi/31GUDwW Website: https://bit.ly/2DaIoPH • Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor. Ken's company: https://mccompaniesinvest.com/ #KenMcelroy #RealEstate #BuyingRentalProperty 15 Tips for Buying Your First Rental Property - Investopediawww.investopedia.com › ... › Real Estate Investing 7 days ago - Key Takeaways. Purchasing an investment property to earn rental income can be risky. Buyers will usually need to secure at least a 20% downpayment. Being a landlord requires a broad array of skills, which could be as diverse as understanding basic tenant law to being able to fix a leaky faucet. ‎Real Estate Investing Top 10 ... · ‎Self-Directed IRA · ‎Personal Loans A Proven Formula For Buying Rental Propertieswww.moneyunder30.com › Real Estate The foolproof formula for buying income-producing rentals · a. Buy below market 10-20%. · b. Property must generate at least a 15% ROI, cash on cash. · c. Buy in ... How To Buy Rental Property | Bankrate - Bankrate.comwww.bankrate.com › mortgages › how-to-buy-rental-p... Jul 9, 2020 - As a long-term investment, many have done well with real estate, but buying rental property at this time requires a look at new realities. real estate coaching ken mcelroy real estate investing investing