By: Ted James
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Thinking of buying an investment property? Good idea! Investing in real estate can be a great way to build wealth and earn passive income. However, it can be difficult to know where to start if you’ve never purchased an investment property before. What can you afford? Where will you find a suitable property? And how can you ensure that this major investment will turn a profit? If you’re feeling overwhelmed by these questions, take a look at the helpful resources below!
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Take Care of Your Homebuying Prerequisites
Get your financial prerequisites in order before you start looking for homes so you can snatch up a great property when you find it.
Advice on Buying Your First Rental Property
15 Clever Ways to Come Up with a Down Payment for a Rental Property
The Complete Guide To Investment Property Mortgages in 2020
Looking to Buy a Home? Your Credit Score Can Make a Big Difference
Setting Up an LLC to Purchase a Home Could Protect Your Assets
Start Your Search Online
Real estate websites are an excellent place to start looking for great deals on properties.
7 Online Databases for Finding Investment Property
Efficient Ways of Finding Foreclosures
4 Simple Tips for Finding Incredible Real Estate Deals
Budget for Extra Expenses
Remember to leave room in your property purchase budget for extra expenses such as home repairs and safety upgrades.
8 Rental Property Upgrades That Pay Off
Low Maintenance Landscaping for Rental Properties
10 Tips to Keep Your Tenants and Rental Property Safe
Make an Offer
When you find the perfect rental property, make an offer, and be prepared to negotiate for a better purchase price.
Should the Inspection Report Scare You Away From Buying a Property as a Rental Investment?
7 Tips For Negotiating Better Deals On Property