Confession: I spend the first 15 minutes of this episode talking about taxes. (Feel free to skip that part).
Then we arrive at the REAL meat of the episode: I layout the ultimate beginner’s guide to investing in rental properties.
First, I describe the many ways you can make money in real estate –
- Flipping houses
- Tax liens
- Income-producing rental properties (commercial and residential)
Then I explain why rentals create the best road to financial independence.
Next, I share a few critical guidelines that I use when I’m evaluating a rental property. I talk about what type of expenses you might face. I describe how much work this project is going to demand. And I answer a litany of questions that my co-host, Jay, throws my way.
If you’re intrigued by the idea of investing in real estate, check out this episode.