Does anyone have any recomendations on a good book on purchasing rental properties and/or landlording??
I recommend the complete guide to rental properties by Stephen Berges. He is a honest kind of guy and doesn't make it sound like its super super easy because its not. It takes serious work.
MikeOH, a member of this community, wrote a book that could help you.
Here is the link:
Look into Leigh Robinson's Landlording, and
Jeffrey Taylor's Survival Guide, and
Mike Butler's Landlording on Autpilot.
Check amazon and your local library.
I will save you some coin. Buy something so ridiculously cheap and so far below market value that you cant get hurt. make sure it will pass a section 8 inspection, and enjoy the big cash flow. any other questions, just ask here. It really is just about that easy! :D
I like Rob's idea.
I'd like to like Rob's idea, but then if you follow the advise and get a "dawg" in the hood, you are likely to have problems with the tenants.
The 1st book I read on Real Estate that helped me was Robert Kiyosaki's ABC's of Real Estate Investing. I actually read it twice and wrote a 25 page summary on it so it would help me understand the subjects. If you would like for me to send you the summary I wrote just contact me.