Get Rich Education

82: How To Buy An Income Property: Step-By-Step

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Synopsis

#82: Your offer is accepted, your Earnest Money goes into to escrow, then your property has an Inspection, Appraisal, and more - all the way to closing. We discuss those steps, tell you what your action items are, and discuss how long the income property-buying process takes. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 02:00  Robert Kiyosaki will be our guest in two weeks. 04:11  Why we’re embarking on the best decade ever for income property investing. 05:41  Why would anyone sell you a cash-flowing property? Many reasons given. 11:59  How to identify a winning income property: RV Ratio, eliminate your emotion, turnkey buying. 17:48  Investors get excited by the next deal. Remember to protect what you have. 19:20  What your Mortgage Loan Officer needs from you. Pre-approval letter. 20:22  Can you negotiate the property price with turnkey providers? Yes. 21:15  Submitting your Earne