Customer Reviews:
Flipping homes.......2007-10-10
Two books that I think really are helpful if you're learning about real estate investing are this book, FLIP: How to Find, Fix, and Sell Houses for Profit and Dean Graziosi's Be A Real Estate Millionaire: Secret Strategies for Lifetime Wealth Today
Chock full of knowledge.......2007-08-15
I bought this and another highly reviewed book on flipping and this book was vastly superior. It contains a wealth of information about every phase of flipping a property, including detailed information on how to calculate quiet costs, good rules of thumb for rehab costs, and detailed lists of what is involved in a rehab and the correct order to undertake them in. They have obviously flipped a lot of houses and have condensed their experience into extremely helpful lists and formulas that anyone can benefit from.
I could have done without the fictional storyline that accompanies each chapter, but since you can skip it without losing anything, I'm not docking their score.
This Book Is An Excellent Investment.......2007-08-08
I've been interested in flipping houses since I first heard of the concept about 10 years ago. I just never knew where to start. This book walks you through the entire flipping process. It's written in an easy to follow, logical start to finish format. There are formulas for calculating all your costs and your profit before you even make an offer on a house. Outstanding book! I highly recommend it to anybody who wants to get started in house flipping.
Good reference, not very well written.......2007-07-12
First, I must say that this is so far the best book I have read on this subject. The authors seem to be very experienced and knowledgeable in the field of rehabbing homes. I am very pleased with what I got for $15 (or whatever I spent). I feel that with this book, I could successfully FLIP homes. My first primary home was a fixer upper, and I did pretty much all of the work myself. I turned a nice profit when I sold it, but I think that I could have done better had I known then what I know now.
There was not a lot of information that was new to me, but the book did bring together a variety of related topics. Likewise, the authors presented a few smart systems for completing the project.
The reason I gave this book only 4 stars is that I don't like the writing style of the authors. This book could have easily been 150 pages or less. The font was a little big, and there was WAY too much worthless text, random anecdotes, and stupid analogies. One page in particular was about Punxsutawney Phil...it wasn't until the third or fourth paragraph that the author crafted some way of connecting that to flipping houses.
Overall an excellent book worth every penny (the authors need to stick to flipping houses though). I wish I could get my friend who has recently jumped headlong into rehabbing houses to read this book...
Best book of it's kind.......2007-06-14
I am a small time real estate fix and flip investor. I have read many books on this subject and this is by far the best.
Book Description
Pre-foreclosure real estate is one of the hottest investment opportunities on the market. The Pre-Foreclosure Property Investors Kit offers step-by-step instruction and no-nonsense advice on how to find great deals, estimate fair market value, negotiate with sellers, sell your property on your own, and win big in real estate. Youll learn how to get the best deals on foreclosure properties before they go to auction and utilize simple ready-made worksheets, checklists, forms, and agreements that make getting started easy. Even people of modest means can get into pre-foreclosure investing—all it takes is a little hard work, persistence, and the tools youll find in this handy guide.
Customer Reviews:
Love it! Love It! Love It! .......2007-10-16
Love it! Love It! Love It! "The Pre-Foreclosure Property Investor's Kit" by Thomas Lucier is very informative and a must read for anyone interested in this type of real estate investing. Mr. Lucier tells in detail how to negotiate with homeowners in trouble, how to be the solution to their problem, and how NOT to have the door slammed in your face. He also demystifies the process of dealing with the homeowner's lender by explaining in detail each step in the process of taking the property off their hands. This book, along with Dean Graziosi's [[ ASIN:1593154461 Be A Real Estate Millionaire: Secret Strategies for Lifetime Wealth Today]] have helped me so much in understanding how to be successful with foreclosures.
Great Information! The best investment book I have read to date. .......2007-09-28
This book is simple, straight forward, and realistic. The author does a great job. The book is full of excellent strategies and advice.
Very Good Resource .......2007-09-24
This book provides excellent insight for buying pre-foreclosures. It is well-written, easy to understand, and insightful. The only problem is that it does not give relevant economic information to investors to navigate the real estate bubble. However, I do not fault the author for that since they are really two seperate topics. To fill this gap I would also recommend Cashing in on the Real Estate Bubble. This book focuses on the economic aspect of teh bubble and presents a survey of the best methods to make money from the real estate mess.
If you want to buy pre-foreclosures, I would recommend both books - this one for instructions on how to handle foreclosures and the other (Cashing in on the Real Estate Bubble) as an economic resource. Together, I feel they have given me a huge edge.
Ok content, misleading promise.............2007-09-16
The content of the book is solid and practical. However, don't believe the author's statement in the book that he will answer questions sent to him directly via email. I sent repeated emails to Mr. Lucier requesting clarification of a couple scenarios from the book and have had no responses.
Excellant with lots of meat........2007-08-26
This book will not do the job for you rather it will make you think. Granted the author is a little odd but, the information is true to fact. You start to think when you read this book and then the inspiration comes. This book is only a stepping block to great things. I apply this and a lot of other information and I make a great living. I hope people do not like this book so, I can eliminate the competition. LOL
Product Description
FROM THE BACK COVER: Are you caught up in the financial thinking of the last century? That's when we learned to buy a home and pay it off as quickly as possible. It made sense in the conditions that existed back then. It doesn't make sense today. How would you like to: 1) Safely leverage and compound assets you didn't realize you had? 2) Become your own bank and build family wealth? 3) Pile up stock market gains, but never take the losses? 4) Lock-in a rich, secure and carefree retirement? 5) Transform the IRS into your wealth-building partner? 6) Create real wealth, empowering you to help others? 7) Get to your existing retirement funds with little or no taxes? 8) Leave a fortune to your heirs? STOP SITTING ON YOUR ASSETS make these strategies crystal clear -- and you can apply them with security and ease. If you own a home, you owe it to yourself to know about today's new reality: You are sitting on a potential fortune that can safely and confidently be put to work to build a massively abundant financial future. A future so rich that -- before STOP SITTING ON YOUR ASSETS -- could have only existed in your dreams.
Customer Reviews:
Home Owner Beware.......2007-10-17
This will be short. I have already wasted enough time ready the book (actually I stopped reading in Chapter 9) At first, I thought the examples were funny and than I realized there may be people reading this book that actually are taking notes. This is intended for those few. Seek out the help of a Professional Financial Advisor. This book should come with a warning label.
don't waste your money on this book or its strategy.......2007-10-05
First of all, the author has enough material for a magazine article at best and she has padded and stretched it into a book. That makes for an annoying read.
Secondly, her math is deceitful. She says to borrow the equity from your home at 8% and put that money to work getting an 8% return and you will end up with a huge pile of money. What about the payments? Oh, yeah. She subtracts those as a lump sum at the end from your pile of money. Everyone knows the payments have to made every month so if you're borrowing at 8% and getting an 8% return you're simply going to break even. If you're as smart as a fifth grader you know that math calculations have to be performed in the correct order or you'll get the wrong answer. She also gives an example of someone who could pay cash for a house but takes out a mortgage anyway and invests the money. She conveniently ignores the fact that the person could simply pay cash for the house and then invest what they would have made in payments each month and that money would grow to almost the same amount as her "safety fund"
The third problem with this strategy is that the only way to get this 8% tax free, totally safe return is to buy a questionable insurance product that she or her friends will be happy to sell you. Then you'll have the IRS looking over your shoulder.
I'm not a big fan of a mortgage free house for a number of reasons but if you're going to harvest equity and invest it, you'd better know what you're doing. For the average person it's way too risky.
Start saving some money by NOT buying this book.
This book has been done before, called Missed Fortune 101.......2007-09-22
Sad to see people trying to ride the coattails of another book and rip it off so blatantly. The orignal book called Missed Fortune 101 introduces the world to these strategies. Well Stop Sitting comes in and basically changes a word here and a word there to try and be different. For example Missed Fortune 101 talks about "going down the highway of life with one foot on the gas and one on the brake" Ms. Snow talks about going down the highway with 4 flat tires and a broken windshield...Come on!
Read Missed Fortune 101 Missed Fortune 101: A Starter Kit to Becoming a Millionaireto read the real story first, Read Stop Sitting for a rehash, if you like that kind of stuff...
I know I'm gonna write a book called Elbib and have it start out with a guy named Aaron and a girl named Emily who live in the jungle, then get kicked out of the jungle for eating the forbidden vegetable...
Looking for answers.......2007-08-19
I, too, was in awe after reading this book. The ideas are presented in a simple, easy to understand way, and it seems to me to be very logical. I'm no financial genius, rather a former math teacher and the numbers seem to work on paper. But, really, after the awe has worn off and reality hits, what's the catch? This seems too easy. If this idea has been in existance for several years, then why hasn't it caught on with the "masses?" Why don't more financial advisors recommend this? Is there something I'm missing or does it really work that simply and just nobody knows about it? Somebody....give me the real scoop!
Very, Very dangerous book.......2007-08-02
As I began to read this book, my first challenge was to get over the unearned arrogance of the author. Marion Snow may have a "scientific mind" and have a little experience in the mortgage industry selling people mortgages, but she is no financial planner.
The book is absolutely full of errors and misrepresentations of how some very complex financial products work. She literally demonizes financial planning professionals who have spent years of their lives helping clients and studying the ever changing landscape of both financial planning, estate planning, as well as the Internal Revenue Code.
Some of her VERY dangerous errors are as follows:
First, nearly all of her calculations discuss saving taxes at a 30 or 33% tax rate. While this sounds good, the average American is nowhere near the 33% tax bracket. The 33% tax bracket does not begin for most married Americans until they have over $195,000 of annual income.
Secondly, the insurance products that she describe do not function as she indicates. On page 110, she casually mentions that her insurance strategy will work as "long as you are careful not to deplete your cash value." She does not mention that the "tax advantaged policy loans" she advocates are 1)charged interest by the insurance company, and 2) taxable if the policy lapses in later years. Additionally, she neglects to mention that Universal life policies have increasing costs which will cause them to lapse using her strategy.
Third, all of her calculations are "assumed and hypothetical." They do not address real numbers. About halfway though the book she indicates she "got her insurance license" just to verify her findings. Unfortunately, an insurance license is viewed by most credentialed financial planners with the same reverence that training wheels are viewed by Olympic bicycle racers...
Fourth, her mortage strategies advocate taking illegal tax deductions - the tax deductions she describes are not allowable to the degree the advocates, in the tax brackets she uses as examples. The deductions "phase out" well before a taxpayer can use them to the degree she illustrates. Simply put - the numbers are INCORRECT.
Ms. Snow should spend a few years in school and learn what she is talking about - and a few more years working with real world financial clients -before being arrogant enough to throw stones at those who do.
She is flat wrong in many areas and will hurt a great many people who take her cutesy approach to financial planning seriously.
Jon - CFP, ChFC
Book Description
Rigorous yet practical, Real Estate Finance and Investments has been the leading real estate finance and investments text for over 25 years, consistently setting the standard for currency and coverage in real estate finance and investments textbooks. The 13th edition continues to provide students with the tools they need to understand and analyze real estate markets and the investment alternatives available to both debt and equity investors. New content and problems addressing current trends in real estate finance and investments have been seamlessly incorporated into the text, without disrupting the material and organization instructors have relied on in past editions.
Book Description
How to Succeed in Commercial Real Estate is a comprehensive, practical book for those considering entering the field of commercial real estate, those just beginning in the business, as well as experienced brokers and sales managers who want to evaluate and strengthen their current strategies—especially those related to listings, negotiations, contracts, and sales.
The author provides a straightforward overview of the business of selling commercial property, including coverage of the four main specialty areas -retail, office, industrial, and investment—as well as crossovers and emerging specialties. Rather than pumping a "get rich quick" approach to selling, the author shows brokers that they don't have to sacrifice integrity and ethics to remain competitive and deal oriented. The book includes detailed coverage of
• Choosing a company and a specialty that's a good fit for you.
• Sales strategies and sales points specific to commercial real estate, including practical suggestions for countering other brokers.
• The importance of focusing on exclusive listings, how to find and get the best prospects, and the most effective strategies for marketing the property.
• Standard parts and points of negotiation for contracts and forms, including earnest money agreements, leases, options, listings, counter offers, and fee schedules.
• Rent and how it is calculated and quoted, including triple net, modified net, gross, and full service leases.
• Technical knowledge including agency, law, appraisal, taxation, zoning, surveys, environmental investigations, investment analysis, risk comparison, exchanges, financing, and property management.
•The pros and cons of going independent and how to decide if it's the right move for you.
Written in an engaging, straight-talk style, the author shares a wealth of other practical knowledge reaped from 30 years in the business.
Customer Reviews:
Great book for a primer on commercial real estate.......2007-09-01
Don't be mislead by the introduction to the author at the start of the book. The author appears to have been a professional student in his younger days, who had no idea what he wanted to do in life. He has two liberal art undergraduate degrees from two different colleges with a major in philosophy, then he started to work in his dad's commercial real estate firm. I thought oh boy! Do I really need to waste my time on this book?
The book is an excellent primer for those who might be interested in selling commercial real estate. It would even be a worthwhile read for most residential RE agents. It covers many areas which could transfer knowledge to residential agents. While I can see some of the reviewers would be disappointed because it includes many basics in real estate a person considering entering the field should know and gives them a feel for what it's like to work in the field. The author has a variety and good understanding of the entire field of commercial RE, as has had many management positions within the field. What more this isn't book written by someone who has never been in real estate. There are plenty of those books in the market place. Likewise this is not a book about how to get rich quick, which are plentiful in the market place.
Is the book general - yes! Is it informative - yes! Is it interesting reading - yes! If you're a pro in commercial real esate with over ten years experience it's not the book for you.
Informative.......2007-08-24
I would say the book was pretty informative and relatively insightful. It seems there are very few good books on commercial real estate brokerage - and I would recommend this one.
The book is a good broad brush of concepts...if you hunger for knowledge about commercial real estate, this is a good book.
Superb !!.......2007-03-02
As the title and description clearly indicates , this books teaches you the way to make it to the top in commercial real estate brokerage by someone who "has been there" in the ultra competitive (and many times cuthroat) world of commercial brokerage ; This type of education is a must if you expect to make it. As a mid level producer , i already started to use some of his advice and it has helped me to jump to the next level and if you want to make the best of it i recommend you read it twice.You will grow your career by leaps and bounds !!
Should be titled "How to Succeed in Commercial Real Estate BROKERAGE".......2007-02-12
I was disappointed with the book. I expected a book that would describe how to succeed in commercial real estate for someone wanting to buy and lease out commerical properties. This book hardly touched on the topics I wanted to learn about, such as what makes a property a good investment, how to do due diligence on a property when considering it for purchase, tips on finding a good investment and why it's so hard, pros and cons of development vs buying an existing building, etc. I would have appreciated if the front cover would have made the target audience clearer. Read the table of contents carefully before making the assumption I did!
Definitely worth the Read.......2007-01-26
This book maintains a no-nonsense strictly business approach to commercial real estate. The author has some *VERY* good points on countering your competitions sales pitches, and this alone is worth the read. Aside from the fact that the book has well developed chapters, clear concise writing, and few if any mistakes.
Book Description
"This book is designed for realty investors who want to profit from buying below market, making cosmetic improvements to add value, and then quickly reselling. But real estate agents and home buyers should also study it because of the valuable insights offered by a longtime, very successful real estate broker. On my scale of one to 10, this superb book rates an off-the-chart 12."
—
Robert Bruss
You've probably seen TV shows like Flip This House and Flip That House, in which Real estate investors buy, renovate, and sell a house in a matter of weeks for tens of thousands of dollars in profit. They make flipping houses look so easy that you want to jump out of your recliner (during the next commercial, of course), run down the street, find a house for sale, flip it for a 50 percent profit, and run back home to continue watching the show.
I, Ralph Roberts, have flipped hundreds of houses, and it's never as easy as it looks on TV. People don't generally line up at your front door begging you to buy their house for 30-50 percent below market value. Renovation expenses always exceed estimates. And you can't always sell a house for what you think it's worth.
Flipping houses for a profit requires time, money, and what I like to call sticktoitism—dogged determination in the face of overwhelming uncertainty.
Not just another house flipping book
You can find plenty of books about flipping houses that claim "anyone can do it" and make flipping look easy and risk-free. Flipping Houses For Dummies takes a different approach—honesty. We don't claim that flipping houses is "easy" or "simple" or "risk-free," because, quite frankly, it isn't.
Flipping Houses For Dummies reveals the risks and rewards of flipping properties; helps you determine whether you have the time, energy, cash, and other resources to be successful; and then conveys the expert knowledge that those who wish to pursue house flipping need in order to minimize risk and maximize potential profits in a very competitive market.
Did you know?
Most books on flipping houses gloss over the key factors that that make or break the novice house flipper. These are the very items we focus on in Flipping Houses For Dummies. For example, did you know:
A flipping book for real people
Flipping Houses For Dummies speaks to the mom and pop investor, steering you clear of the gray areas, which tend to carry high-risks and low-returns, into safer, more potentially profitable areas. We encourage you invest in your comfort zone and take on bigger, riskier projects with higher profit potential only when you're ready.
In Flipping Houses For Dummies we stress that the first flip is the most important one, and we take the guesswork out of the first transaction, to lead you through a positive first experience on which to build a promising real estate investment portfolio.
Flipping Houses For Dummies provides plenty of examples of successful and not-so-successful property flips, presenting the total investment (in time and money), the work involved, and the net profit. Before-and-after photos visually illustrate the positive transformations from run-down-shacks to showcase homes.
Customer Reviews:
good.......2007-10-18
This book was very helpful with a house flipping presentation that I had to do.
Great book.......2007-10-03
I have not finished the book but what I have read makes since and points you in the right direction. I'm looking forward to finishing the book and flipping my first house.
superb technique in detailed explanations.......2007-09-12
The writers of this book do everything for you except the actual manual labor. They make what seems scary and overwhelming seem normal,what to expect and how to even deal with it, smart tips, locating investors, the works, its all inside this book.
Good Arrival.......2007-08-31
My husband was waiting for this and it came just before the weekend, It gave him all the details he needs in order to start up this new venture in understandable terms. We love books "for dummies".
Good advice.......2007-07-25
I read this book after getting caught up in the TV frenzy of house flipping. I soon realized that I do not have the time required to put into house flipping for now. There is a lot of other good advice in this book that will better prepare for flipping(or not in my case). Very worthy purchase.
Book Description
“This book is not just a bargain, it’s a steal. It’s filled with practical, workable advice for anyone wanting to build wealth.”—Mike Summey, co-author of the bestselling The Weekend Millionaire’s Secrets to Investing in Real Estate
Anyone who seeks financial wealth must first learn the fundamental truths and models that drive it. The Millionaire Real Estate Investor represents the collected wisdom and experience of over 100 millionaire investors from all walks of life who pursued financial wealth and achieved the life-changing freedom it delivers. This book--in straightforward, no nonsense, easy-to-read style--reveals their proven strategies.
The Millionaire Real Estate Investor is your handbook to the tried and true financial wealth building vehicle that rewards patience and perseverance and is available to all--real estate. You'll learn:
- Myths about money and investing that hold people back and how to develop the mindset of a millionaire investor
- How to develop sound criteria for identifying great real estate investment opportunities
- How to zero in on the key terms of any transaction and achieve the best possible deals
- How to develop the "dream team" that will help you build your millionaire investment business
- Proven models and strategies millionaire investors use to track their net worth, understand their finances, build their network, lead generate for properties and acquire them
The Millionaire Real Estate Investor is about you and your money. It's about your financial potential. It's about discovering the millionaire investor in you.
Download Description
Thoroughly researched with interviews and insights from more than 100 millionaire real estate investors who have struck it rich through Keller's concepts and practices, this book shows readers how to "think like a million."
Customer Reviews:
Anyone Can do It...Not Everyone will...Will You?.......2007-07-28
Like many of the reviews posted everyone gives the book many accolades. Gary Keller has based his total professional success in life on proven business models that are used everyday by the Masters of Real Estate Investing. It is so easy to fail when you don't know what you are doing.
Clarity of task (preparation) is just as big a part of the actual purchase as timing. Real Estate is always a good investment because if bought correctly you will make your money the day you buy and realize the profit; the day you sell. All the education from all of the guru's is worthless if not based on actual experience. This book or art form is firmly based on experience (models) of the people that practice what they teach. These models serve as a road map to real esate investing success. You can achieve your dream much faster if you increase your learning curve on the first step thereby giving yourself the edge. Another site to get good valid information is Johntreed.com. John reviews many of the big names that we know. John is one of the very successful real estate investors.
The right book........2007-03-16
One thing I like about the books Gary Keller puts together is he goes right to "the horse's mouth" and asks those who are making it big investing in real estate, "What are you doing that works so well for you." He sees a pattern they all have, and then puts a system down in book form that anyone can follow.
For the beginner, there are enough details to give you a good idea what to do...beginning to end. Create a plan, and pursue it. Stay focused.
For the advanced, you get reaffirmation that what you are doing is right, and a few new angles to try. You'll find a gem here and there that will strengthen your systems and procedures. Most of all, you get the notion to think big. I mean REALLY BIG. A million dollars a year in cash flow BIG! Big enough so you can share your masses of wealth with the masses, make a difference in the world, and never miss the money.
Specifics are somewhat lacking, but don't sweat that part. There is no right or wrong investment, only a right or wrong way of handling it.
Change the way you look at investing.......2007-03-11
I have read alot of books about real estate investing. This is the only one that I had to put down after a few pages of reading to grasp what the concepts would mean in my business. As such, it took a long time to read, but has been well worth it.
The foundations of "know your criteria" really focused on what areas of real estate investing I wanted to be in.
The "Buy a million/own a million/make a million" concept got me out of a transaction (# of houses bought) oriented model to a net worth type model. Now, every time a house comes on the market, I know what I am looking for, know if I am going to make a profit of either cash flow or equity and intutively am not caught up in paralysis by analysis like so many of my real estate investor friends.
That being said, even if you aren't a buy and hold investor, this book is one that I recommend to everyone in my real estate investment group. I still go back to it a year after initially reading it to drill down into the insights that Keller provides.
Millionaire Real Estate Investor Book.......2007-02-10
This book was shipped on time. Makes for some great reading.
Millionaire Investor.......2007-01-10
This book is terrific for the beginner investor. It has lots of great tips and worksheets to use to help start on your way to becoming a millionaire real estate investor. It also has great motivational content to help you feel like you are ready to jump in and get to work!
Book Description
Michael Corbett—host of Extra's Mansions and Millionaires—shares his strategies, tips, and never-before-revealed insider techniques that have helped him make a fortune in real estate.
This book is for aspiring flippers, first-time home buyers, or any homeowner who wants to create big profits and own their ultimate dream home—mortgage free! Starting with the essentials, Corbett shares how to crunch the numbers to instantly determine a house's profit potential. He then covers every step from purchase to sale:
• Get the profit-making house at the price you can afford
• Make the improvements that make you millions
• Insider secrets that save you thousands
• Take advantage of the market's ups and downs
• Sell your home tax free and pocket the profits
Filled with practical tips, illustrated with before-and-after case studies and easy to use charts and worksheets, Find It, Fix It, Flip It! offers the insider expertise needed to tap into an exciting—and potentially limitless—new source of income and financial independence.
Customer Reviews:
Excellent Book with Nothing Left to Guess.......2007-09-25
This is one of the few library books that I had to purchase for myself.
The author is very very detailed with NO fluff or guessing on "how to".
Lots of pics & info references to really get true useful information on the subject. NO get rich BS here either. Did I mention easy read too..
100 pages in a 300 page cover.......2007-09-02
This book has an absurd amount of repetition. I felt like the author was trying to pad it to reach a certain length. he also brought up his previous position with Extra's Mansions & Millionaires a ridiculous number of times. The book is written with an attitude that I find distinctly crosses the line from confident to cocky. Furthermore, the editor did a poor job. There were numerous numbers that really didn't add up. For example, early in the book he mentioned that your appraisal costs should be form $300 - $600, depending on the size of your house. Later on, the number changes form $300 - $500. There is also a section titled "How a new tax law made me $60,000," and the numbers in it are laughably incorrect, not to mention he claims to have made $120,000, not $60,000. Not a deal breaker, but if such a lack of concern was shown for these details, how can I expect that the other subjects covered were portrayed correctly? Overall would not recommend.
Good book to train investors how to visualize potential in properties.......2007-09-01
If you are new to flipping houses this is an excellent resource. Mr. Corbett's book walks you through the money making elements essential to a successful flip.
Excellent book and chock full of pure meat !!!.......2007-08-15
This is a book that i had to slow down and go back to internalized it or i will miss the best of it. I have learned a lot by reading this book than the other courses i bought from other guru out there. it's impressive and full of information, i can say buy-it you won't be disappointed.
I wish Michael will write more book or offer some courses or seminar doing actual deal in the near future.
Nat
Great tips and easy to understand.......2007-08-04
This books gives great tips for the novice and veteran ofproperty flipping. The author uses real life examples putting the concepts into practice.
Book Description
"This is simply the best book on the topic.”
—Randall Bell, Author, Home Owner's Manual
"Tyson and Griswold have truly opened the world of real estate investing to all by tackling often complex issues in this easy to understand and use book. I can't think of a better way to get smart about building wealth through rental properties than to read their excellent Real Estate Investing For Dummies!"
—Vern Hoven, CPA
Non-prime time TV is cluttered with infomercials about how you can buy non-prime real estate for next to nothing and get rich quick. Common sense should tell you that’s an exaggeration. (If common sense doesn’t tell you, bankers will.) Nevertheless, it is possible to get rich gradually by investing in real estate. Long term, you can expect to realize an annual return of 8 to 10% a year.
Real Estate Investing for Dummies gives you the keys to successful real estate investment, whether it’s in single family homes and condos, apartments, vacation homes, commercial properties (office, industrial, and retail), raw land, or REITs (Real Estate Investment Trusts). With guidance from authors Eric Tyson, MBA, a financial counselor, and Robert S. Griswold, a veteran real estate investor, you’ll discover how to:
- Find and buy the best properties at a fair price
- Capitalize on opportunities such as foreclosures, no money down deals, auctions, tax sales, and more
- Secure financing and good mortgage terms
- Value, evaluate, and negotiate everything to do with real estate
- Work with agents and other professionals
- Project income potential and cash flow
- Handle contracts, inspections, and closings
Whether you’re interested in a fixer supper for rental, premier office space you can lease, or a vacation home you can enjoy and rent, when you become a buyer, you also become a landlord. That means you can hear from tenants any time, night or day. It means you may not hear from them when the rent is due. Real Estate Investing for Dummies also helps you:
- Find and keep good tenants
- Negotiate lease agreements
- Insure and maintain your property
- Keep good records for tax and accounting purposes
Remember, with any deal, you have to know when to hold them and know when to fold them. So Real Estate Investing for Dummies gives you guidelines on when and how to sell and how to reinvest to build wealth. It also lists 10 real estate investments you shouldn’t touch with a 10-foot pole. Especially if you’re tempted by those late-night infomercials, that warning could save you a fortune!
Customer Reviews:
Great Information, but with a verbal tick.......2007-09-21
This book is stupendous! It covers a tremendous amount of information to get you started in real estate investing. My wife and I are starting a real estate holding company and this book has been the foundation of our learning.
The only strange thing about the book is that for some reason the authors decided to only use the feminine pronouns "she" or "her" when referring to general individuals, such as "It's very difficult for an owner to lose her home and it's often even more difficult for her to..."
At first this was just odd, but it became a real distraction and annoyance that they never use "he or she" or the common practice in English of using the male pronoun for such situations.
Despite this sort of printed verbal tick, this is an excellent book with a lot of information.
Quick Arrival.......2007-09-06
I was amazed at how quickly I received this book. The book was in excellent shape.
Details, details and more details ..........2007-07-09
This book is a great companion to other books of a more thoeretical nature. Many real estate books focus on why you should invest and the benefits of investing.
This book does that, but then goes one step further. I think the authors and the 'For Dummies' team need to be congratulated as they have given everyone enough detail to make some very solid decisions about your investing.
Very worthwhile and definately well worth the $$. And very solid to know it's written by investors not salespeople.
house buying.......2007-06-15
Good book. Extremely in depth. This book will give you the big picture on buying a house. But most importanly should help you to avoid buying a house using the wrong criteria or reasons(ie. helps avoid a bad investment).
Good read.......2007-04-11
I'm still reading this book. It is organized well, easy to understand and perfect for anyone who is considering entering the world of real estate investing.
Book Description
The well-known and respected authorship team of Geltner and Miller bring you a new edition of what has become the undisputed and authoritative resource on commercial real estate investment. Streamlined and completely updated with expanded coverage of corporate and international real estate investment, this upper-level text presents the essential concepts, principles and tools for the analysis of commercial real estate (income producing) from an investment perspective. This new book continues to integrate relevant aspects of urban and financial economics to provide users with a fundamental analytical understanding and application of real estate investments - now using ARGUS software. Contributing author Piet Eichholtz from the University of Maasstricht contributes an entire chapter that explores international real estate investments, both opportunistically and structurally, by outlining elements for developing and implementing real estate investments successfully abroad. Jim Clayton from the University of Cincinnati thoroughly revised and updated the finance coverage and real-life applications throughout. Geltner and Miller enhance their pedagogy by adding in a discussion of the real options application to real estate development and streamlining the discussion of data returns.
Customer Reviews:
Solid Book .......2007-08-29
This book is really serious. It gives you data sets, a massive amount of study questions with solutions and sample programs (Argus & Crystal Ball--which is used for probability). This book is like the bible. It goes from simple real estate i.e buy low & sell high all the way to mortgage backed securities, options and derivatives. After reading the book you will know more than most executives.
It may not be for those that are more into urban planning or construction management, but if you need and want a book that blends real estate with the capital markets this is the one.I highly recommend it.
Commercial Real Estate Analysis and Investments (with CD-ROM).......2007-05-29
Just everything okay, considering it had to be shipped from the US to the UK, arrived even earlier than some of the books I ordered same time from UK suppliers.
Small unsubstantial damage on cover of book though, probably caused by transport.
You better KNOW you care about commercial real estate.......2007-03-23
Commercial real estate is not for the faint of heart. I have been in residential real estate for a while and have on several occasions dealt with commercial real estate folks and issues surrounding it.
On the plus side, if you are looking for an exhaustive source of information on evaluating commercial real estate, you have arrived. This volume is going to give you all the information you need to analyze any situation to death. Perhaps to the point that small bits of brain dribble out your ear.
If your a dabbler... or someone who has thought, "Gee... I wonder if commercial real estate would be interesting to get into?" then this is NOT the place for you to start that journey of self discovery.
There are much smaller, shorter, lighter more digestible books out there on the subject that will give you a feel for what you might be getting into.
So, if you are someone already knee deep in commercial real estate, or someone deadly serious about being able to really analyze commercial properties, then this one is for you.
Review by Steve Vornea.......2006-12-11
This primer is ideal for the mid-level investor, or more sophisticated individual investor, lender, portfolio manager, or asset manager. Integrates the frontier financial economics into real estate and capital markets. It is an objective and in-depth book with a great deal of content.
Steven Harry Vornea
Astonishingly good book.......2006-06-14
This is an astonishingly good book, which integrates the best real estate research over the past decade into a practical textbook. It is pitched at masters level and is not recommended for people starting out their study of real estate.
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General
| Popular Economics
| Business & Investing
| Subjects
| Books
Find It, Fix It, Flip It!: Make Millions in Real Estate--One House at a Time
The Pre-Foreclosure Property Investor's Kit: How to Make Money Buying Distressed Real Estate -- Before the Public Auction
Flipping Houses For Dummies (For Dummies Series)
The Millionaire Real Estate Investor
The Millionaire Real Estate Agent: It's Not About the Money...It's About Being the Best You Can Be!
