BUY IT, RENT IT, PROFIT!

The classic DIY guide for landlords and real estate investors, now updated for today’s bullish real estate market, Buy It, Rent It, Profit! is a step-by-step, comprehensive guide to buying and managing rental properties for long-term wealth.
Buy It, Rent It, Profit! is the ultimate how-to bible for buying and managing rental properties--a practical, realistic way anyone can build lasting, long-term wealth.

Focused exclusively on residential real estate, Chavis outlines why rental properties are such a wise investment and walks readers through every step of becoming a landlord. First, he provides advice on how to leverage personal savings and/or assets for minimum risk to obtain a rental property mortgage. Next, Chavis guides the reader on what property to buy, from surveying the condition of buildings (pitched roofs, brick rather than wooden construction) to showing readers what to look for in a neighborhood (expanding schools, new businesses and commercial expansion). Then, Chavis explains how to attract quality tenants, negotiate lease agreements, collect rent, finance a mortgage, and manage the property overall.

Buy It, Rent It, Profit! not only shows readers how to buy property but also provides advice on how to be a friendly but fair landlord. Chavis also shows readers how to protect their investment--not only from freeloading tenants and physical damage, but also financially (from foreclosures, shady mortgages, lawsuits, and taxes). Every step a future or current landlord needs to take is included in this comprehensive guide.

In addition, a workbook called "The Operations Manual" with handy, universal forms for leases, evictions, property evaluations, and every other form landlords will need is included at the back of the book for reference. Now revised and including two brand new chapters, Buy It, Rent It, Profit! is the go-to guide for potential and current rental property owners and managers.

Bryan Chavis is founder of The Landlord Academy and author/creator of The Landlording 101 Operations Manual, The Rental Investors Guide, and www.landlording101.com. Named one of the top 40 up-and-coming entrepreneurs under the age of 40 by the Gulf Coast Review, Chavis owns a multi-million-dollar rental property portfolio, trains housing authority employees, works with the economic development department for the city of St. Petersburg, Florida, and serves on the Blue Ribbon Panel addressing the affordable housing crisis in Pinellas County, Florida.