The Complete Guide to Investing in Rental Properties

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McGraw Hill Professional, 2004 M05 21 - 288 pages
Maximize profits in the single-family and multi-unit rental market

You probably know that small rental properties are among the safest, most affordable, and most profitable investments around. With the a little help, however, you can minimize both your investment and your costs and send your profits straight through the roof!

In this comprehensive handbook, real estate investing expert Steve Berges reveals the secrets that have made him one of the most successful entrepreneurs in the field. He shows you all of the indispensable tricks of the trade, explains why they are so important, and connects them to other essential steps for super-profitable investing. Arming you with his Five Golden Rules for Success, Steve Berges also shows you how to:

  • Select a house and negotiate the best price and terms
  • Perform a comprehensive financial analysis to maximize value
  • Secure financing and prepare for your closing
  • Find qualified tenants and draft favorable lease agreements
  • Reduce operating costs, increase rents, and improve profitability
  • Avoid the little-known pitfalls of real estate investing

With Steve Berges' expert guidance and no-nonsense advice, you can maximize your investment, minimize your time and effort, and make the most of every foray into the real estate market.

From inside the book


Section 2 How to Manage Rental Properties the Smart Way
Section 3 How to Sell Rental Houses the Smart Way

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About the author (2004)

Steve Berges is a real estate investment professional with over 25 years of experience. As Principal of Symphony Homes, he is an active investor specializing in creating value through various real estate mechanisms, including single family houses, multifamily apartment complexes, and the development and construction of single family and condominium housing communities. Berges holds an MBA degree in finance and marketing from Rice University. He is also the author of The Complete Guide to Buying and Selling Apartment Buildings and The Complete Guide to Flipping Properties.

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