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The Automatic Millionaire Homeowner: A Powerful Plan to Finish Rich in Real Estateby David Bach
Synopses & Reviews
From the author of the bestselling Finish Rich series and The Automatic Millionaire, a new book from David Bach that shows readers how real estate is the surest and quickest way to finish rich.
In his quest to show people of average incomes how to achieve financial security, David Bach builds on his Finish Rich wisdom and tackles real estate, one of the surest paths to financial success, in The Automatic Millionaire Homeowner.
Whether they already own or just want to, Bach shows readers how to pave their way to financial freedom by buying their own homes and investment properties. In crisp, clear detail, this book explains the best way to afford, purchase, and pay down a mortgage on a Canadian first home, even on a modest income and even with debt, and then how to go on to purchase additional properties for investment, building wealth, and creating a steady stream of income.
Chock full of encouragement, filled with success stories, examples, charts, and graphs, The Automatic Millionaire Homeowner is destined to become the standard how-to book for purchasing a home and turning real estate into lasting wealth and security.
"He's Baaaach, with a seventh book dedicated to helping readers store up a bundle. Though readers of Bach's Start Late, Finish Rich and The Automatic Millionaire will encounter some familiar material, the bestselling author offers a great book that first-time homeowners and anyone toying with the notion of investing in real estate will find immensely practical. From questions to ask a realtor to explanations of the fine print in loan contracts, Bach offers universally good advice on how to begin saving and building wealth through homeownership. The book is also wildly motivational; frequent asides urge readers to finish the book quickly and start accumulating assets. True to its promise, the book is a swift read, arming readers with everything they need to know in a simple, accessible manner. Just in case any confusion lingers, end of chapter action lists and free online audio supplements are also provided. Bach's extensive experience in leading financial seminars, motivating audiences to take financial responsibility and snagging appearances on Oprah are apparent in his ability to enthusiastically lead readers through even the most arcane aspects of home buying." Publishers Weekly (Copyright Reed Business Information, Inc.)
"The bottom line is action, and Bach's chatty writing style helps motivate you to that end." Business Week
"Rather than tout eye-glazing accounting formulas, Bach relies on common sense." People
"I know how hard it is to make a personal-finance book user-friendly. Bach has done it." USA Weekend
Imagine this. You buy a home, live in it, then buy another. You build your wealth through real estate& #8212; and then retire rich. It may sound too good to be true. But it& #8217; s not. It has happened, it& #8217; s < i> happening now< /i> and it will continue to happen for millions of people over the next few decades. The question is, will it happen for you? < br> < br> If you want the answer to be & #8220; yes, & #8221; then stop what you are doing and open this book. Read a few pages. Bach& #8217; s simple strategies make you rich where you sleep. All you have to do is follow his easy program to go from renter to owner, and from owner to Automatic Millionaire Homeowner. The rest is automatic < br> < br> What& #8217; s the secret to becoming a millionaire in real estate?< br> < br> Since the runaway success of David Bach& #8217; s #1 New York Times bestseller < i> The Automatic Millionaire, < /i> people all over the world have asked David the same question& #8212; < i> is it really possible for me to get rich in real estate? < br> < br> < /i> Now, in < i> The Automatic Millionaire Homeowner< /i> , David Bach reveals why buying a home and investment properties is not only possible, it is the surest way to reach your seven-figures dreams on an ordinary income. < br> < br> < i> The Automatic Millionaire Homeowner< /i> starts with the powerful story of an average American couple with a modest income who stretch to buy their first house for $30,000 and retire 35 years later owning a home on a golf course and rental properties worth over three million dollars. Through their story you willlearn the surprising fact that even if you have cheap rent you can& #8217; t get rich renting You must first own a home, and make it the foundation on which you build your financial security.< br> < br> What Makes < i> The Automatic Millionaire Homeowner< /i> Essential: < br> < br> You don& #8217; t need a big down payment to buy a home.< br> You don& #8217; t need great credit. < br> You should buy even if you have credit card debt.< br> You can buy a second home even if you& #8217; re < i> still paying off< /i> the first.< i> < br> < /i> You can get started in any market& #8211; boom or bust.< i> < br> < /i> It& #8217; s easier to be a landlord than you think.< i> < br> < br> < /i> Whether you are a renter or already own a home, David Bach gives you a lifelong strategy for real estate based on timeless wisdom that is tried and true. He includes everything you need to know, with step-by-step instructions, including phone numbers and websites so you can get started right away. His road map to ownership is easy to follow and, best of all, it makes the process totally automatic.< br> < br> As long as you& #8217; re alive, you have to live somewhere. Why not let where you live make you rich? David Bach will show you how.
In his quest to show people of average incomes how to achieve financial security, Bach builds on his Finish Rich wisdom and tackles real estate, one of the surest paths to financial success, in "The Automatic Millionaire Homeowner." Charts & graphs.
About the Author
David Bach is the author of Start Late, Finish Rich, which debuted on the New York Times Advice bestseller list, the Wall Street Journal business bestseller list, and the USA Today business bestseller list. He is also the author of the runaway bestseller The Automatic Millionaire, which spent fourteen weeks on the New York Times bestseller list, and was simultaneously number one on the New York Times, USA Today, Business Week, and Wall Street Journal business bestsellers lists. He is also the author of the national bestsellers Smart Women Finish Rich, Smart Couples Finish Rich, and The Finish Rich Workbook. Bach has appeared twice on The Oprah Winfrey Show to share his strategies for living and finishing rich, and he is a regular contributor to CNN’s American Morning. His FinishRich seminars are the leading financial seminars in North American, having been taught by thousands of financial advisors to more than half a million people in more than 2,000 cities. He lives in New York with his wife, Michelle, and his son, Jack.
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