Real Estate Investing for Dummies this question feed

asked by daddyadd on November 19, 2006 9:37 AM
"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!


Reviews

Thumb_up
Thumb_down

0%
0%
don't think this is just for dummies, this is a helpful book for almost all beginners. it covers a wide range of topics from flips to rentals. i also suggest reading other beginner's guides of specific topics you like. for instance, if you want to know about buying properties below market value through the government, you could buy this book and The Beginner's Guide to Real Estate Tax Lien and Tax Deed Auctions
reviewed by glenn11 on November 28, 2006 7:33 PM

Thumb_up
Thumb_down

0%
0%
It was some time ago since I bought this book. And if you read all of my reviews about real estate books, you'll know I grade honestly (see my other reviews).

This book I give 5 stars because it truly explains everything to the average Joe. It isn't boring. You get to learn the different aspects of real estate investing. This was my first book and it made me get interested in real estate not because of the "riches that's promised" but the potential that this field has and so many branches of it. Real estate investing isn't limited to just flipping houses, you'll find by reading this book there's many more roads that's equally profitable.
reviewed by stix on November 29, 2006 8:19 AM

Thumb_up
Thumb_down

0%
0%
I am only mid-way through this book but it has already answered so many of my questions (that another book did not)! I am new to real estate investing but not new to real estate. This book is layed out (like the rest of the Dummies books) in a very easy to follow format. It points out items to definitely remember when considering transactions and also points out warnings.

Also, since they have no agenda other than to help you understand the process, they did not try to sell you anything (i.e.; get rich quick schemes). This Dummies book gives it to you straight -- Why you should invest in real estate; How real estate investments stack up against other types of investments, such as stocks, etc.; The benefits of building your wealth by staying in for the long term; What cash flow to expect in the short term, including the possibility of negative cash flow.
reviewed by success06 on November 29, 2006 2:18 PM

Thumb_up
Thumb_down

0%
0%
I've purchased several books on real estate(RE) investing and this book by far is the best of the lot. It is written in a concise yet informative manner and provides beginning investors with the techniques and strategies to get their RE investment careers off to a solid start. I'm sure I'll be referring to this book many times throughout my RE investment career.

I would highly recommend this book!
reviewed by iread on November 29, 2006 6:58 PM

search

 
 

browse

book tags