Are You Thinking of Your Next Big Property Move?: Unlock the Secrets to Building a Duplex for Maximum Rental Returns. by Michael Keller
English | October 10, 2024 | ISBN: N/A | ASIN: B0DJV8JCB9 | 176 pages | EPUB | 1.56 Mb
English | October 10, 2024 | ISBN: N/A | ASIN: B0DJV8JCB9 | 176 pages | EPUB | 1.56 Mb
Looking for a real estate investment that gives you double the returns with minimal ongoing maintenance costs?
Do you dream about building a real estate empire but don’t know where to start?
Perhaps you’ve heard horror stories from people who’ve bought “investment” properties and then had to drop thousands — or even hundreds of thousands — on repair costs.
Or you walk past a house with the same FOR RENT sign day in and day out, imagining the rising panic of a landlord who can’t find a tenant and is sinking deeper and deeper into debt.
Like many smart investors, maybe you’ve been considering the possibilities that a duplex property opens up.
You could live in one side and rent the other out, essentially having your tenant pay your bills while you build wealth for your next big investment.
Or you could rent out both sides at once, taking advantage of the double stream of cash flowing into your bank account.
With costs rising every day and interest rates the highest they’ve been in over 20 years, real estate investors who aren’t careful can get crushed under the weight of unexpected costs, unforeseen problems, and nasty surprises.
This book will make sure you get it right.
Whether this is the first time you’re setting up a new construction project or the fiftieth time, this book will serve as your mentor and companion throughout the whole process, from start to finish.
Inside, you’ll discover:
- The comprehensive Duplex Advantage method, which will take you from zero to successful landlord in eight simple steps
- How to choose a location for your duplex where you’ll never have problems with tenant demand
- The bewildering range of financing options and how to choose the right one for you
- How to design and build a property that’s attractive, high-quality, environmentally friendly, and (of course) profitable
- Common construction pitfalls, like budget blowouts, subtle location mistakes, legal compliance headaches, and problem tenants — and how to avoid them
- Property management techniques to ensure the maximum possible cash flow at any given point
- The secrets to marketing and branding your duplex to attract high-quality, reliable tenants
- Strategies for cultivating a good tenant-landlord relationship that keeps everyone happy
- How to use your duplex as a springboard to ever-increasing wealth, freedom, and happiness
You may have heard that building a new property is an expensive headache, but it doesn’t have to be.
By making the right choices at every step of the process, you’ll not only create a profitable investment — you’ll have fun along the way. You’ll even be raring to do it all over again when you’re done.
If you’re worried about your lack of experience, don’t be — with this method, you can be a runaway success at any age and level of experience.