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Read Rich Dad’s Advisors: The Advanced Guide to Real Estate Investing: How to Identify the Hottest Markets and Secure the Best Deals If You’re Ready for The Next Step in Real Estate Investing. To purchase click here.
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Have You Mastered The Basics Of Real Estate Investing
Once you have learned the basics of real estate investing you’re ready to move on to multifamily investing, and Rich Dad’s Advisors: The Advanced Guide to Real Estate Investing: How to Identify the Hottest Markets and Secure the Best Deals is the best book to read on multifamily investments.
Multiple Family Income Property
Many other authors make buying multiple family income property seem like a gamble, or the type of investment that you shouldn’t make without a team of advisors helping you every step of the way. But you can get a great return on multifamily investments, especially in the current real estate market. Not only can you find great deals on multifamily units, with so many people looking for rentals it will be easy to make sure that all those units stay occupied.
Topics Covered
Some of the topics that you will learn about in The Advanced Guide to Real Estate Investing are:
- Finding Great Investment Property – Buying a multiple unit building is a lot different than buying a single family home. The Advanced Guide to Real Estate Investing is full of tips for finding multiple unit property that won’t need a lot of renovation as well as tips on keeping maintenance costs to a minimum. There are a lot of great income properties on the market but you need to know how to pick out the ones that will give you the best return for your investment.
- Building a strong team – You may be able to manage a single family rental home on your own, but managing a multiple family unit will require the efforts of a strong team. Even if you don’t have any management experience this book can tell you how to assemble a team of people to work with you to make the rental property a successful investment. Since having the right time can mean the difference between having a successful investment and having a big money drain you should read this section very carefully.
- Minimizing Property Taxes – Obviously owning a multiple family rental property will incur higher property tax than a single family home. But The Advanced Guide to Real Estate Investing gives you tips and tricks from accountants, former IRS professionals, and successful real estate investors on structuring your investments to minimize the amount of tax that you will have to pay.
Make The Most Of Your Investments
Don’t be afraid to jump into multiple family income property, because you can do it successfully even if you have limited experience in real estate investment. Just use tools like Rich Dad’s Advisors: The Advanced Guide to Real Estate Investing: How to Identify the Hottest Markets and Secure the Best Deals to make sure that you have a good understanding of how to make the most of the investments that you make.
