Building Big Profits in Real Estate: A Guide for The New Investor
By Wade Timmerson, Suzanne Caplan,
Publisher: Wiley
Number Of Pages: 272
Publication Date: 2004-05-20
Sales Rank: 659628
ISBN / ASIN: 0471646903
EAN: 9780471646907
Binding: Paperback
Manufacturer: Wiley
Studio: Wiley
Average Rating: 4.5
Total Reviews: 7
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Book Description:
Everyday, people just like you have a real chance to make serious money in real estate. All it requires is the discipline to purchase good property and the motivation to make new purchases that will create growing equity. Filled with in-depth insights and practical advice, Building Big Profits in Real Estate will show you the right way to invest in real estate.
A successful stock market investor may need to perform extensive research to make a profit, but becoming a successful real estate investor can be more complex and far more hands-on, especially when you're just getting started. The good thing about real estate is that it offers more security as well as greater upside potential than any other investment--mainly because the value of property never goes to zero (unlike some recent stocks) and real estate prices often continue to go up even when general economic conditions are soft.
Building Big Profits in Real Estate focuses on the sound strategies that everyone needs to understand before they invest in real estate. It covers important topics, such as analyzing markets, financing your projects, purchasing rental property, managing a real estate portfolio, finding new ways to invest, and understanding wholesale markets. It also reveals some of the most overlooked opportunities in the real estate market, including Section 8 rentals, wholesaling properties, and selling houses on a rent-to-own basis.
Download Description:
A guide to real estate profits for the long term
As Wall Street continues to prove disappointing and frightening to many investors, real estate investing has grown in popularity. Interest rates have attracted borrowers and as a result, investing in real estate has become a part-time and full-time occupation for many people. Building Big Profits in Real Estate focuses on the sound strategies that everyone needs to understand before they invest in real estate. Rather than focusing on the short-term results of instant riches, this book takes a longer view—examining how individuals can make real estate investment a viable investment as well as a possible full-time job. Building Big Profits in Real Estate introduces readers to important real estate topics such as analyzing markets and managing a real estate portfolio, and shows them how they can go from a casual investor to full-time real estate entrepreneur in a matter of months.
Wade C. Timmerson (Pittsburgh, PA) has extensive experience in real estate and owns and partners in several companies' focus on buying, property management, and lending. Among his accomplishments: he has amassed a real estate profile valued at more than $5 million; has helped finance more than 400 investment properties in the Pittsburgh area; and has helped more than 100 families of limited financial resources become first-time homeowners. Suzanne Caplan (Pittsburgh, PA) has been a consultant, business owner, speaker, and author. As a consultant, she specializes in assisting entrepreneurs, from start-up through exit strategy planning.
Review:
Building Big Profits in Real Estate: A Guide for The New Investor (Paperback)
This book is absolutely horrible. Not worth the time reading and certainly not worth the money. Approximately 30% of the books is forms, including rental appications, leases etc. There are too many other good book out there than to consider this one.
Consider books from the Rich Dad's Advisors
Review:
Not Just For Beginners
Building Big Profits in Real Estate: A Guide for the New Investor, by Wade Timmerson & Suzanne Caplan
I've read several hundred books about real estate and investing and it's my sincere belief that if you get one new idea it was worth 10X the price of the book as well as the time you spend reading it. Wade's story is inspirational and the book is informative beyond simply real estate per say. He talks about business in general and shares his concepts, values and beliefs. He also openly touches on some of his mistakes.
My forte is in larger commercial deals such as apartment buildings, hospitality properties and commercial space, but Wade's enthusiasm for the smaller deals is the final straw that nudged me over the edge to take a shot at smaller, distressed properties. I'll have a few thousand fliers made up this week and give it a whirl.
Some other books on this subject of doing lots of smaller deals that I've recently read and reviewed both on Amazon and on my Blog (The Real Estate Investors Blog) are; 52 Holmes in 52 Weeks, by Dolf De Roos and The Real Estate Fast Track, by David Finkel
A few great lines from the book:
"The number one thing I've seen in successful people is confidence. If you don't believe in yourself, how can you expect someone else to?"
"I always hear from folks who haven't done it, that you can't buy property at 60% of it's value, but I continually find ways to do so. Then I envision the look on the faces of the ones who said it doesn't happen."
By Kevin Kingston author of, A 20,000% Gain in Real Estate
http://mihd.net/hnkd9c
http://rapidshare.com/files/48065232/Building_Big_Profits_in_Real_Estate.pdf
