Publisher Description

Many Americans dream of financial freedom, but they're stuck in dead-end jobs and don't know how to get there. You don't need to be one of them.If you invested $35,000 in the stock market today, it could take 52 years for that investment to grow to $1 million. But if you invested that same amount into one single-family $140,000 rental property, it would only take 19 years. With just two rental properties, you could generate $417,000 in profit in just 10 years.Skeptical? Good, because that's the first sign of a smart investor.This book will tackle that skepticism head-on... and give you confidence and a path to financial freedom. 
 THIS BOOK WILL TEACH YOU HOW TO: Secure your investment moneyFind your ideal market—and a positive-cash-flow property Efficiently manage your property Handle your record keeping Boost revenues and cut costs File your taxes using a step-by-step process Build your real estate portfolio

Author Biography

Ken is the author of the best-selling books The ABCs of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABCs of Property Management, and The ABCs of Buying Rental Property as well as The Sleeping Giant and Return to Orchard Canyon. He is also a contributor to The Real Book of Real Estate by Robert Kiyosaki and Midas Touch by Donald Trump and Robert Kiyosaki:A gifted speaker, Ken has inspired audiences around the world with appearances for various programs and leading industry events and has been featured on hundreds of syndicated radio and TV programs. He is an active member of EO (Entrepreneurs Organization), holding several board positions. Ken and his family reside in Scottsdale, Arizona.Ken is also a Contributor to More Important Than Money, An Entrepreneur's Team (Rich Dad Advisors Series, RDA Press). For over 2 decades, Ken has had massive success in real estate investment analysis, property management, acquisitions, property development, business development and client relations. With over $1 billion in real estate investments, Ken is recognized as a financial educator who offers a unique perspective on how to get the biggest return on investments. Never taking life for granted, Ken actively gives back to the community. He has served on the advisory boards of Southwest Autism Research and Resource Center (SARRC), Child Help, and AZ Food Banks, and was the Walk for Autism Speaks Chair. McElroy and his work have been featured on FOX & Friends, Cheddar, ESPN Cover Your Assets Radio Show, and in Forbes, US News & World Report, Yahoo Finance, and other media.

Table of Contents

Table of Contents
Text Boxes ExplainedPart I  – How to Achieve Financial IndependenceChapter 1   –A Note from Ken about WealthChapter 2   –Why Real Estate Is a Superior InvestmentChapter 3   –You've Got What It TakesPart II – How to Find, Purchase and Maintain a Rental PropertyChapter 4   –Step 1: Setup Your BusinessChapter 5   –Step 2: Get Your Investment MoneyChapter 6   –Step 3: Find Your Ideal MarketChapter 7   –Step 4: Find Your Ideal PropertyChapter 8   –Step 5: Manage Your PropertyPart III – How to Manage Your MoneyChapter 9   –Step 6: Do Your BooksChapter 10 –Step 7: File Your TaxesPart IV – How to Grow Your WealthChapter 11 –Step 8: Boost Revenues and Cut CostsChapter 12 –Step 9: Build Your Rental PortfolioChapter 13 –Step 10: Further Your Education Appendix I. Summary of Text BoxesIndex`Additional ResourcesKen's Books, Website, Podcasts, Facebook Page, etc.Other Books, Articles and ResourcesBiography of Ken

Review

10 Easy-to-Follow Steps for New Rental Property Investors Ken McElroy's "ABCs of Buying Rental Property" is a must-read for anyone thinking about investing in rental properties to increase cash flow and build equity in your portfolio! It's an easy-to-follow book with real estate investment return charts and relatable case study examples for primarily a new investor. Based on 30+ years of experience and success, McElroy walks you through 10 practical steps with everything from setting up your business, getting investment money, finding your ideal property, maximizing your tax savings, boosting your revenue, and building your rental property portfolio. As part of the Rich Dad Advisors Series, this book fills the financial education gap that was so needed in the series for the new real estate investor! To increase your Financial IQ and returns, buy this book and all the Rich Dad Advisors Series books! ~ Liz H. Kelly
Excellent real estate investment information. A must-read if looking for stock and 401k alternatives. ~ Angeline Marie

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