So you want to buy an income property?
I recommend a book caled “What Every Real Estate Investor Should Know About Cashflow” before you start shopping. The only way to win the real estate investing game is by understanding the numbers.
This popular reference shows how to target the best investments in the present market. It answers many of your investment property questions, and provides definition and explaination of capital accumulation and internal
rate of return. This book’s basic formulas will help you measure critical aspects of real estate investments, and make you familiar with the terms that your banker will expect you to know as an investor!