Buy It, Rent It, Profit!: Make Money as a Landlord in Any Real Estate Market » (Original)

With foreclosures skyrocketing, there's never been a better time to buy rental property — and to hang on to it for long-term wealth building. Drawing on his ten years of experience managing and owning hundreds of rental properties, Bryan M. Chavis, founder of The Landlord Academy and Apartment Investment Advisors, shows how you can leverage as little as $10,000 into a lifelong stream of wealth using nothing more than good instincts, smart research, and a little elbow grease.

Learn how to buy desirable properties, attract quality tenants, negotiate lease agreements, collect rent, finance a mortgage, and manage the property. From leases to property-evaluation documents, you'll find a complete tool kit in this book, which contains every form and checklist you need to run a single-unit apartment or an entire rental building!

With added guidance from building-maintenance experts, property attorneys, and tenants' rights organizations, Buy It, Rent It, Profit! is the go-to guide for anyone interested in becoming a landlord and achieving profitable, consistent results

Part I You Can Build Wealth Through Real Estate

1 Invest in Your Future How You Can Become Wealthy as a Landlord 3

2 Buy It, Rent It vs. Fix It, Flip It The Game of Monopoly and Its Hidden Secrets for Real Estate Riches 12

3 The Seven Keys to Becoming a Successful Landlord And the Ten Most Common Pitfalls to Avoid 25

Part II Investing In Rental Properties

4 Where Should I Buy a Rental Property? The SEOTA Method of Evaluating Properties 37

5 How Do I Get the Best Deal on a Property? Mastering the Art of Negotiation 59

6 How Do I Pay for It? Getting the Right Financing 81

7 Are Foreclosures Too Risky? The Fundamentals of Foreclosures 97

Part III Landlording Essentials

8 Who Will Live There? Attracting the Right Tenants 103

9 When Can They Move In? Understanding the Basic Components of a Lease 122

10 What Do I Do When My Tenants Break the Rules? The Most Common Tenant Issues and How to Solve Them 144

11 How Do I Move My Tenant Out? Ending the Lease Term 162

12 Maintenance-Inspect What You Expect Tenant and Building Maintenance in the Long Term 173

Part IV Building Wealth With Real Estate

13 How Do I Protect Myself? A Legal Perspective 187

14 How Do I Grow? Building Your Real Estate Empire 196

Appendix: SEOTA and Due Diligence Forms 201

Index 277