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How to Succeed and Make Money with Your First Rental House

Firsthand advice on overcoming fear of failure and getting started in real estate investing

In How to Make Money and Succeed with Your First Rental House, Douglas Keipper tells the true story of how he overcame his fear of real estate investing and made money on his first rental house. He provides a formula for renovating and renting houses while taking advantage of the new tax law and shows novices how to avoid the common mistakes. With this book, anyone can learn to supplement their income and get into the most popular investment vehicle in the country.

Douglas A. Keipper (Duluth, CA) is an Atlanta-based financial advisor, who began investing in real estate when the slumping stock market threatened his family’s financial security.
Sean Lyden (Cartersville, GA) is a nationally recognized columnist and feature writer on marketing and entrepreneurial issues.

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Title of ebook: How to Succeed and Make Money with Your First Rental House
ISBN: 9780471481317
Publisher: John Wiley & Sons, Inc.
Internet download file size: 1051 kb
Released online for download: 04-19-2004
Author of eBook: Keipper, Douglas A.
Author of eBook: Lyden, Sean M.

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How to Succeed and Make Money with Your First Rental House

Chapter One

Seize the Opportunity!

If you've been looking to make money in real estate, whether part-time or full-time, you've probably seen the 2 A.M. infomercials that promise: "Earn unlimited income in your spare time!" "Create a personal fortune in real estate with no money down!" "Only $75 will bring you hundreds of thousands of dollars in real estate earnings!!!" These infomercials make buying and managing rental properties seem so easy. They depict people just like you and me enjoying luxury cars, boats, and huge homes-and all the leisure time in the world.

Does this sound too good to be true? Well, yes and no. Can you make a lot of money in rental properties and retire rich? Absolutely! Many people have done so. But, is it instant and easy money? Not necessarily. Just as in any business, to make money in real estate you must work hard and be disciplined, persistent, and educated. Then you'll experience the fruit of your labor. The reality is that the process of buying a rental house-especially your first one-isn't as easy as it may seem on TV. But one thing is for sure: Buying rental property can be a lot of fun, ve ... read full excerpt from How to Succeed and Make Money with Your First Rental House ebook

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