For over a quarter-century, S.J. Plotkin has been a driving force in Southern California’s rental property market. Real Estate Realist unleashes Plotkin’s seasoned strategies, mixing actionable insights with a dash of relatability. It invites you to explore rental property investing through the eyes of an expert who knows how to simplify the complexities, helping you build generational wealth through long-term appreciation and monthly cash flow.
Investing in rental properties offers a fast track to wealth that most American homeowners don’t know they are missing out on. This engaging guide shows you how to spot valuable properties and navigate opportunities for income generation, such as accessory dwelling units, garage conversions, lot splits, communal amenities, and more. Plotkin’s advice and your hard work and dedication will guide you toward rental investment success, whether with single-family homes or multifamily apartment complexes (or anything in between).
No one needs industrial, commercial, or office real estate as much as they need a place to live. Rental property investing offers the greatest wealth-building opportunity for everyday Americans, giving them more control over their lives and time. Real Estate Realist shows you how to find, purchase, and improve the right property wherever you are.
Innehållsförteckning
Introduction
Chapter 1: Know Thyself, for This Knowledge Is Power
Chapter 2: Fail to Prepare, Prepare to Fail
Chapter 3: All Types and Sizes
Chapter 4: The Power of Location: Your Secret Weapon
Chapter 5: Valuing Real Estate for Your First Purchase
Chapter 6: Critical Aspects of a First Purchase
Chapter 7: Negotiating the Purchase Process
Chapter 8: Maximizing Value with Amenities and Upgrades
Chapter 9: Managing the Property
Chapter 10: The Key to Good Tenant Relations: Communication and Problem-Solving
Chapter 11: Building Your Net Worth and Exit Strategies
Chapter 12. Navigating Taxes, Legalities, and Liability
Conclusion: The Journey to Becoming a Real Estate Realist
Appendix 1: Tech-Savvy Landlords: Leveraging AI, Machine Learning, and Software
Appendix 2: Navigating the Regulatory Landscape: Tenant Issues to Environmental Concerns and Economic Uncertainty
Appendix 3: Innovative Investment Strategies: The Future of Rentals
Appendix 4: Networking, Professional Development, and the Future of Real Estate Investing