There are many reasons to believe that property is a sound investment. Just look at some of the world’s wealthiest people real estate has produced. Just like any investment, it is a good idea to be well-versed before diving in with hundreds of thousands of dollars. Understanding as much information as possible will only help you start a new career as a real estate tycoon.

1. How to Buy an
Investment Property to
Rent Out
FrankRoessler.org

2. I N T R O D U C T I O N
There are many reasons to believe
that property is a sound
investment. Just look at some of
the world’s wealthiest people real
estate has produced. Just like any
investment, it is a good idea to be
well-versed before diving in with
hundreds of thousands of dollars.
Understanding as much
information as possible will only
help you start a new career as a
real estate tycoon.

3. M A K E S U R E I T ’ S
F O R Y O U
How are you at repairing drywall or unclogging a toilet? Do you
know your way around a toolbox? If you are shaking your head no
to these questions, then you may want to reconsider. Of course,
you could call someone to take care of all these matters for you,
but this will just eat into your profits. Property owners who own
one or two homes often do their own repairs to save money. If
you are not the handy type and you don’t have a lot of cash to
spare, being a landlord may not be the right fit for you.
FrankRoessler.org

4. As opposed to owner-occupied properties,
investment properties typically have a
much larger down payment, so they have
more stringent approval requirements.
For example, if you put 3 percent down on
the home you currently live in, this will not
be the same for an investment
property. Mortgage insurance is not
available on rental properties, so you will
need 20 percent.
D O W N P A Y M E N T

5. FrankRoessler.org
H I G H E R I N T E R E S T R A T E S
If you look to borrow money now, it may be
cheap. However, this isn’t the same for
the interest rate on an investment property. It
will be higher than traditional mortgage
rates. It is important to remember, you want a
mortgage rate that’s low enough so that it
won’t eat into your monthly profits too
significantly.

6. R I G H T L O C A T I O N
You’ll want to look for low property taxes in a
decent school district, a neighborhood with
low crime rates, an area with a growing job
market and plenty of amenities. Some
amenities include parks, malls, restaurants and
movie theaters. You also want to keep in mind
the driving distance for you. If you have to visit
the property regularly to check in on it or do
maintenance, you want it to be within a
reasonable driving distance.

7. T H A N K Y O U
For more
information
Please visit
FrankRoessler.org