7 Steps to Buying Your First Rental Property

3 years ago
47

There are 7 key steps everyone must do when buying your first rental property. If you follow them, you'll generate the real estate cash flow you want.

Rental property provides a durable, long lasting source of income. It's worth doing, but it requires education and the right strategy so that you make money instead of lose money.

How do you buy your first rental property?

First, you need to learn my 10 commandments of successful investing which you can find on my Youtube channel homepage.

Next, you need to decide whether you want to do it yourself or get someone to help you.

Then, you'll have to secure the funding.

Finally, you'll need to find the right property.

That is a quick overview, but you'll get much more detail in the video.

After you buy your property you don't get to sit back and watch money pour in. There is no such thing as passive income. You need to either manage the property yourself or manage a property manager.

You need to ask yourself whether you intend to make this a real business and your career or not.

Learn More: https://www.jasonhartman.com/

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