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More About This Title How to Succeed and Make Money with Your First Rental House
English
SEAN M. LYDEN is a nationally recognized columnist and feature writer on marketing and entrepreneurship.
English
My Story.
$9,000 Cash Back at Closing.
Sleepless Nights.
Creating Your Own Success Story.
Do You Have the Right Stuff?
Action Step.
Motivational Quotes.
Chapter 2: Leveraging OPM—Other People’s Money!
Bigger Rates of Return.
Where to Get the Money.
Chapter 3: Building a Winning Project Team.
Mentors.
The Banker or Mortgage Lender.
The Real Estate Agent.
Attorneys.
Accountants.
Contractors.
Motivational Quote.
Chapter 4: Getting over the Hump.
Action Step.
Motivational Quotes.
Chapter 5: Getting the Government to Pay Your Rent!
How Does Section 8 Work?
Does Your House Qualify?
How Do You Participate?
What Are Your Responsibilities as a Section 8 Landlord?
Motivational Quote.
Chapter 6: Finding the Right House.
Become an Expert on Location.
Other Considerations.
Analyze the Cash-Flow Opportunity.
Summary.
Home Inspections.
Houses We Did Not Buy and Why.
Motivational Quotes.
Chapter 7: A House versus a Home.
The Difference between a House and a Home.
Motivational Quotes.
Chapter 8: Show Me the Money!
Where the Money Came from to Buy My First Rental House.
Rental House Points versus Primary House Points.
Private Mortgage Insurance.
The Bottom Line.
Chapter 9: Welcome to the Closing Table!
RESPA Required Disclosures.
Chapter 10: Rehabbing Your Rental House.
Taking Stock.
The First Saturday.
The Second Saturday.
The Third Saturday.
The Fourth Saturday.
The Fifth Saturday.
The Sixth Saturday.
The Seventh Saturday.
Monday Morning Quarterback.
Getting the Most Bang for Your Renovation Buck.
Motivational Quotes.
Chapter 11: How I Landed a Tenant.
Marketing, Marketing, Marketing.
Showing the House.
When the Right Guy Showed Up—My First Tenant.
Motivational Quote.
Chapter 12: Qualifying a Tenant.
Why Is It Necessary?
What Am I Looking for?
The Credit Report.
Renter Profiles.
Verify the Funds.
Inspection.
Chapter 13: Protecting Your Investment with the Right Lease Agreements.
What Makes a Good Lease Agreement?
Where Do You Find Lease Agreements?
Chapter 14: What to Expect When Becoming a Landlord.
Motivational Quote.
Chapter 15: Timeline.
Chapter 16: Getting Paid on Time.
How Eviction Works.
Do Not Make These Landlord Mistakes.
Resources for Additional Information.
Final Thoughts from the Author.
Motivational Quote.
Appendix of Selected Mortgage Terms.
Bibliography.
Index.
