Table of Contents
Introduction 1
Part 1: Getting Started with Real Estate Investing 5
Chapter 1: Evaluating Real Estate as an Investment 7
Chapter 2: Covering Common Real Estate Investments 27
Chapter 3: Considering Foreclosures, REOs, Probate Sales, and More 49
Chapter 4: Taking the Passive Approach 67
Chapter 5: Fast Money: Small Down Payments and Property Flips 85
Chapter 6: Building Your Team 95
Part 2: How to Get the Money: Raising Capital and Financing 113
Chapter 7: Identifying Sources of Capital 115
Chapter 8: Financing Your Property Purchases 127
Chapter 9: Securing the Best Mortgage Terms 147
Part 3: Finding and Evaluating Properties 157
Chapter 10: Location, Location, Value 159
Chapter 11: Understanding Leases and Property Valuation 191
Chapter 12: Valuing Property through Number Crunching 205
Chapter 13: Preparing and Making an Offer 233
Chapter 14: Due Diligence, Property Inspections, and Closing 253
Part 4: Operating the Property 291
Chapter 15: Landlording 101 293
Chapter 16: Protecting Your Investment 329
Chapter 17: Recordkeeping and Accounting 341
Chapter 18: Looking at Tax Considerations and Exit Strategies 357
Part 5: The Part of Tens 385
Chapter 19: Ten Ways to Increase a Property’s Value 387
Chapter 20: Ten Steps to Real Estate Investing Success 399
Appendix: Sample Purchase Agreement 409
Index 417
