Real estate investing has long been marketed as a way to make millions. However, many of us simply want a practical guide to get started renting homes. Below, we provide resources to help you in managing your own rental property yourself.
Managing Your Own Rental Property
Real estate expert John W. Schaub shows people how to buy, finance and manage their own real estate property.
In fact, he has a 9-step process that helps entrepreneurs accumulate multiple properties and earn a good income from it. Check out how to do property management accounting too.
Whether you want to earn extra income from a single property or build a portfolio of homes and condos, Schaub can help. Earn a steady flow of income every month, no matter how the real estate market is doing.
Managing Rental Property Tips:
Schaub’s tips are practical and easy to learn. Plus, he shares creative ideas on how to negotiate with sellers and finance properties without accumulating a lot of debt.
You can save money by managing your own rentals. Not to mention, turn it into a lucrative career if you want. See also: How to Screen Tenants.
Just a few topics that his guide includes:
- How to finance real estate purchases without going to a bank.
- Recognizing and capitalizing on real estate cycles to boost your profit.
- How to improve your negotiation skills.
- Avoiding common and costly mistakes.
- Tips for creating cash flow that lasts forever.
Managing Your Own Rental Property
Also, check out the video below for more information on how to manage rental property.
You can get great advice on managing your own vacation or holiday rental property without having to hire a property management company.
That said, you’ll find that there are pros and cons of managing your own rental property. You may end up wanting to hire help.
Property Management Companies
You can use online services like Yelp or ManageMyProperty.com to find local services near you.