Building Wealth Through Rental Properties

A Beginner’s Guide to Real Estate Investing!

Return on Investment (ROI)

Return on Investment (ROI) is a critical metric used by investors to evaluate the profitability of an investment relative to its cost. It is calculated by dividing the net profit (or gain) generated from an investment by the initial cost or investment amount, and expressing the result as a percentage. This metric allows investors to assess the efficiency and effectiveness of their investments, helping them prioritize opportunities that offer the highest potential returns.

Net Profit: The income generated from the investment property minus all expenses (including operating expenses, financing costs, property taxes, and maintenance).

Total Investment: The total capital invested in acquiring and maintaining the property, including the purchase price, closing costs, renovations, and other associated expenses.

Disclaimer: The Return on Investment (ROI) metric provided here is intended for general informational purposes only. It is not intended to serve as financial, investment, or tax advice. Users should independently verify all calculations and consult with qualified financial advisors or investment professionals before making any investment decisions. The accuracy of ROI calculations depends on the completeness and accuracy of the data entered by the user. The creators of this content are not liable for any damages or losses arising from the use or misuse of the ROI metric or any decisions made based on it.

CALCULATORS

Book Reviews

A thorough, nuts-and-bolts resource for readers who are serious about building a portfolio of rental properties.

Book Life

Perfect for beginners looking to build wealth through real estate.

Sophia Hegmann

A must-read for anyone wanting to succeed in real estate investments.

Tommie Lakin

Practical advice for building wealth with rental properties.

Jeanette Koss

This book is clear, concise and so informative to the real estate novice like me. It is organized and well written. The story the author offered on how he began his journey in this market was inspirational. I appreciated the definitions he gave in laymen’s terms, to help me better understand concepts I always found confusing. Also, the samples he gave of successful versus failed scenarios helped him achieve his learning objectives in writing this book.

Peter E.

This book is the ultimate beginner’s guide for anyone purchasing rental properties. Dr. Sachdeo uses clear and simple language, making it easy to understand the various intricate concepts of real estate investing. One of the standout features of this book is the case studies, where he shares numerous real-life scenarios and the lessons learned from them, both positive and negative.

Barry

Incisive, inclusive, detailed to the core, easy to understand actionable strategies and suggestions that add new dimensions to churn profits from investing in real estate…

Agony Aunt

The author does an exceptional job of breaking down the process step-by-step. From understanding market trends and evaluating property values to securing financing and handling tenant relations, each chapter is packed with practical advice. It’s clear that the author has firsthand experience in real estate, as the tips feel both grounded and actionable.
Excellent book for the first time rental property manager

pauls1234

If you’ve ever considered using rental properties as a way to build wealth, this book is an essential read. It offers a well-rounded, no-nonsense approach to navigating the world of real estate investing, focusing specifically on how to make rental properties a long-term source of income and financial growth.

Mirian

well written and easy to follow with simple explanations.

jk

This book takes the mystery out of real estate investing and provides a clear roadmap to success. Dr. Sachdeo lays out everything from financing to property management in an easy-to-digest way. The tips on identifying high-return properties were especially helpful. I also liked that the book includes real-life examples, making the advice more relatable. If you want to start investing in rental properties, this book is a must-have.

Anette Engel

If you’re looking for a no-nonsense guide to rental property investing, this is it. Dr. Sachdeo breaks down the entire process in a way that makes sense, even for complete beginners. The book is well-organized and full of useful tips. It gave me the confidence to move forward with my first property investment. Definitely a great resource for aspiring investors.