Uploaded August 2022 | Updated September 2026, 4 hours ago
A lot goes into making sure you've made a good purchase when buying an investment property. And it is only the beginning once you have made the purchase. Whether it be insurance, taxes, mortgage payments, etc, there are a lot of factors you need to consider. In this video, I provide tips for beginners on important things to know about your first rental properties. As first time landlords, knowing these fundamental basics can help you drastically in the long run.
If this content was helpful, consider liking and sharing this video, as well as subscribing to this channel to see content like this posted daily!
Join me Fridays @ 8 a.m. EST for a Live Q&A!
Rental Property Insurance: An Investor's Guide to Insurance (By: Ryan Ingram) - amazon.com/Rental-Property-Insurance-Investors-Guide-ebook/dp/B07SN1MQ51
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Click here for a free 7-day trial to PropStream: geni.us/PropStream
This is an affiliate link, and I thank you a ton for using it...it helps me feed my kids!
Want to join a group of like minded men to encourage you, hold you accountable, and help you reach your goals faster? Watch this video about the Seek Wisdom Mastermind group: youtu.be/oodwWb69HJk and fill out an application at seek-wisdom.com/join
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Timecodes:
0:00 - Intro
0:07 - Calculating Rentals
0:28 - Insurance (High Risk/Low Reward)
0:59 - Book - Rental Property Insurance: An Investor's Guide to Insurance
1:33 - Taxes & Attorneys
1:59 - Drafting a Rental Lease
2:43 - Write-Offs
3:26 - Umbrella Insurance
4:30 - Lawyer, CPA, Realtor, Insurance Agent, & Good Contractors
4:43 - 2 year investing history for qualifying with banks
5:35 - Closing
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About Ryan Ingram:
I believe the meaning of life is to become the best version of yourself for the benefit of all those around you.
Over the past 3 years, I have made drastic improvements to my life. Mainly, because my wife and I had our son; it was very important for us that she be a stay at home mom.
Unfortunately, on my salary in law enforcement, I couldn't make that happen.
I questioned my abilities as a provider, and for a brief time, even as a man.
I dedicated myself to read one book per day until I learned how to solve this problem.
5 years later, we have a few businesses and over 250 rental properties.
We made sacrifices along the way, but I learned the power of mentorship. I know the importance of finding someone willing to help and guide you, even if they are just a few steps ahead.
#realestate #realestateinvesting #rentalproperty
A lot goes into making sure you've made a good purchase when buying an investment property. And it is only the beginning once you have made the purchase. Whether it be insurance, taxes, mortgage payments, etc, there are a lot of factors you need to consider. In this video, I provide tips for beginners on important things to know about your first rental properties. As first time landlords, knowing these fundamental basics can help you drastically in the long run.
If this content was helpful, consider liking and sharing this video, as well as subscribing to this channel to see content like this posted daily!
Join me Fridays @ 8 a.m. EST for a Live Q&A!
Rental Property Insurance: An Investor's Guide to Insurance (By: Ryan Ingram) - amazon.com/Rental-Property-Insurance-Investors-Guide-ebook/dp/B07SN1MQ51
--------------------------------------------------------
Click here for a free 7-day trial to PropStream: geni.us/PropStream
This is an affiliate link, and I thank you a ton for using it...it helps me feed my kids!
Want to join a group of like minded men to encourage you, hold you accountable, and help you reach your goals faster? Watch this video about the Seek Wisdom Mastermind group: youtu.be/oodwWb69HJk and fill out an application at seek-wisdom.com/join
---------------------------------------------------------
Timecodes:
0:00 - Intro
0:07 - Calculating Rentals
0:28 - Insurance (High Risk/Low Reward)
0:59 - Book - Rental Property Insurance: An Investor's Guide to Insurance
1:33 - Taxes & Attorneys
1:59 - Drafting a Rental Lease
2:43 - Write-Offs
3:26 - Umbrella Insurance
4:30 - Lawyer, CPA, Realtor, Insurance Agent, & Good Contractors
4:43 - 2 year investing history for qualifying with banks
5:35 - Closing
---------------------------------------------------------
About Ryan Ingram:
I believe the meaning of life is to become the best version of yourself for the benefit of all those around you.
Over the past 3 years, I have made drastic improvements to my life. Mainly, because my wife and I had our son; it was very important for us that she be a stay at home mom.
Unfortunately, on my salary in law enforcement, I couldn't make that happen.
I questioned my abilities as a provider, and for a brief time, even as a man.
I dedicated myself to read one book per day until I learned how to solve this problem.
5 years later, we have a few businesses and over 250 rental properties.
We made sacrifices along the way, but I learned the power of mentorship. I know the importance of finding someone willing to help and guide you, even if they are just a few steps ahead.
#realestate #realestateinvesting #rentalproperty
