Download How to Succeed and Make Money with Your First Rental House by Keipper D.A., Lyden S.M. PDF

By Keipper D.A., Lyden S.M.

Grab the chance and watch the money roll inDon't be paralyzed by way of worry of creating error and wasting funds. procuring a apartment condominium might be one of many most secure investments you are making, and also you have already got the abilities you must be successful. you simply have to easy methods to use them.In tips to be successful and become profitable together with your First condo condominium, Douglas Keipper tells the genuine tale of the way he overcame his worry of actual property making an investment and made cash on his first condominium residence. Keipper makes use of his adventure to illustrate as he walks you step-by-step throughout the whole technique of procuring, renovating, renting, and handling a apartment condo. and you may examine from his errors, no longer your personal! learn how effortless it truly is to complement your source of revenue with the most well-liked funding automobile within the nation.

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CONTRACTORS A big part of my team consists of the contractors. This is where I spent the majority of my time pulling my hair out—or what is left of it. All the previous mentors, and parts of my team, were much easier to deal with than the contractors, especially the ones I never met! I wanted to do a large portion of the work myself, but I still needed some contractors to do some specialized work. This took a lot of telephone time and patience in dealing with different people. Here is what to expect when you call a contractor: 1.

Establish a budget immediately to assess your spending habits. 3. Lock away your credit cards and don’t use them; however, don’t cancel them because if you have a low credit rating you may have trouble getting new cards. I heard one recommendation that I thought was funny at first, but upon further reflection it seems like a pretty good idea. Put your credit cards in a zip-lock bag and freeze them in a container of water in the back of your freezer. If you need them for an emergency, you still have them available.

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