From the course: Rental Properties 101
Join today to access over 22,600 courses taught by industry experts.
Finding a rental property that will be profitable
From the course: Rental Properties 101
Finding a rental property that will be profitable
- [Instructor] Now that we have walked through the process of analyzing a rental deal with the indispensable tool, the deal analyzer for rentals, we're going to take a look at two approaches to owning and managing our investment properties. The first is the hands-on approach, and many beginning investors choose this method, which is really actively managing rentals themselves, or being traditional landlords. Here's the basic process when implementing this approach, including some useful tools you can use as templates. It all starts with finding a rental property that will be profitable. And this action step is not much different than how wholesalers and rehabbers find deals. The difference is in the exit strategy. We're looking for cashflow, and not short-term profit margins from selling to qualified buyers. To find deals, we need to generate leads, and this requires a consistent and effective marketing plan. If you have…
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.