Watch this before buying your first rental property…



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00:00 – Introduction to Common Mistakes in Buying First Rental Property
00:35 – Tracking Expenses for Rental Properties
02:16 – Setting Up the Correct Type of LLC
03:04 – Separate Bank accounts and Avoiding Commingling
03:56 – The Process of Mortgage and Title Transfer
05:08 – Understanding Your Lease Agreement
06:25 – Having the Right Insurance
08:27 – The Need for Hiring Professionals
09:19 – Avoid Cutting Corners and Paying Cash
11:16 – Bonus Tip: Letting Your IRA or 401k Buy a Property

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