Some people have the pleasure of enjoying the massive returns of investing in rental property while others only look on, admiring the effort others have made. Another group gets to rent premises and make monthly payments to property owners. However, the group at the helm of the food chain, the one that benefits from the investment, are the landlords.

Unfortunately, when people think of owning a rental property, many of them imagine it to be this complicated project that requires massive income amounts that one can only acquire in a lottery or through pension payments. However, anyone can own rental property. Anyone can become a landlord. You only need to make up your mind and decisively choose to follow through your goal by taking the steps needed to actualize your dream.

The descriptions, tips, strategies, and step-by-step instructions in this book will guide you towards becoming the wealthy investor you always dreamed of becoming. You will learn what is needed of you to invest in rental property, what to look out for, the mistakes to avoid, and how to be the best real estate developer by learning the characteristics that define the best investor, and taking them up. You also will learn how to differentiate between a worthy rental property investment and one that will lead you into losses. If you cannot afford to pay people to do things for you, such as rehabbing a house or a rental property, this book also contains guidelines for how you can go about some DIY projects.

There is nothing beyond your reach in real estate investment. You only need to learn what to do and how to do it. With time, you will have mastered the craft and will be rolling in cash just like the big shots you admire in the property business.

Some people figure out the investing part but fail in the property management part. They do not know how to deal with tenants such as how to ensure that they pay on time, how to keep them renewing their leases, and how to ensure that there are new tenants to replace those that vacate.

Some developers also take up too many property management roles to the point that they begin eating into their profits. F0r example, some property owners will keep doing repeated repairs when the tenants vandalize property in the name of being kind to them to attract new tenants. However, this book shows you how you can protect your earnings by setting up rules and presenting them during the signing of the lease or rental agreement. As such, the client will be aware of his responsibility of taking care of his living space. Besides these tips, this book will teach you much more about searching, selecting, owning, and running a rental property.

Inside this book, you will find:

• An in-depth examination of reasons that justify investing in rental property
• A definitive comparison of good and bad investors
• An explicit discussion of what makes the best investors
• Ideas on how you can utilize your financial intelligence to make smart decisions
• A list of rent rules you should enforce to direct your interactions with the tenants
• The most explicit description of how to carry out DIY rehab for your property
• A description of the best times to invest in rental property
• Advice on the best times to find premises to rent
• The most honest description of the risks to which you expose yourself when you invest in rental property