How To Buy A Rental Property

Investing in a rental property seems like one of the easiest (in theory) ways to make money in the real estate market. But as with anything in real estate, the act of actually purchasing the property can seem daunting, especially to first-time buyers or people unfamiliar with their local market. How do you select the right property, what steps do

you need to take, what do you need to do to get approved, etc.

Luckily, as with most topics, there's no shortage of help out there for beginners looking to break into a certain field or topic. Brandon Turner, a resident blogger for the online Real Estate magazine Bigger Pockets, lays out some of the steps in a simple, easy to read list. This list covers every step of the process at least in part, from getting pre-approved to actually selecting and closing on a property.

Click here to read the full list. And since now seems as good a time as ever for a personal plug, did you know that the Grace Frank Group has its own multifamily site? Click here to visit and view our list of multifamily properties, and feel free to contact us with any questions!