WHAT’S INSIDE THIS BOOK?
Here is a book that starts with the basics. After listing some essential considerations such as the type of yield and growth you should expect, deciding on a personal investment niche, etc., you are led through them one at a time.
Following the study of essential basics, you are given a detailed list of Do’s and Don’ts. Here you find some cardinal rules for investing in real estate and mortgages. This list will keep you on the right track and teach you how to avoid costly mistakes.
Once the stage is set with these essentials, the investing scenarios begin. You are led through a variety of investment scenarios for single family homes, mortgages, and land. It even deals with the concept of investing in multi-family, or income producing properties.
Most people have heard about buying property with no money down. Well, it is for real and can be done. You are shown how to buy property in this manner. This book doesn’t just talk about an idea, it shows you how to accomplish it.
How do the successful investors manage to keep most of the money they make? It is all part of good investment planning. The various concepts for avoiding excessive tax consequences are explored and you are set on the right road.
This book shows you how to raise money from the private sector so as to provide additional money for you investment plan! There is step-by-step instruction plan present for you to follow.
Typically, investors will sell some of the properties, and they will keep some as rentals. You are shown how to manage your properties, or how to select a manager to do it for you. Further, it helps you decide which of these options you will choose. It also give you ideas for special clauses that you may want to use in your leases.
The different type of financing instruments are discussed. As part of a successful investment program you must know how to use each of the instruments to your advantage. Such things as how to use assumable loans, and how to create them is given to you in detail.
Everybody has heard about the opportunities in buying foreclosure properties. There are some pitfalls to avoid in making investments in these properties. Instead of going to the property auction at the city or county offices, you will learn how to buy them ahead of time.
Probably the most important acquisition methodology is to know how to find motivated sellers. There are a variety of ways, and this book explores them all. You can do any of them part time, and if you set aside a little time each week, you can soon find those sellers that need your services as an investor and are eager to sell to you at a substantial discount.
Included are some ideas for buying, creating, and investing in condominiums. These type properties are a little more complicated than the typical single family home. But, you are shown what to do and how to do it. There is a lot of money to be made in this type of property. You would probably make these types of investments after you have acquired a d