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Making Money with Rental Properties by Lisa Iannucci, Kimberly Smith

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CHAPTER4

The Keys to Real Estate Success

In This Chapter

  • Know before you buy
  • The facts on finances
  • A look at what makes a property profitable
  • Important calculations to consider
  • Achieving profitability

You wouldn’t start a new job and expect to know everything the moment you stepped through the door the first day, and have every day after that go perfectly, without any sort of training. You need to understand what you’re supposed to be doing and learn the ins and outs of your new role. But when it comes to buying rental property, many people think they can be successful right from the start just by buying a piece of property and renting it out. ...

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