Synopses & Reviews
How does an ordinary person with an ordinary income reach their seven-figure dreams? First they must own their own home – and do it David Bach’ s way. The financial coach who has helped millions to finish rich is back with a simple, powerful solution to get rich in real estate. As David says, “ Renters stay poor, homeowners get rich, and smart landlords laugh all the way to the bank ”
In his breakout 2004 bestseller, The Automatic Millionaire, David Bach showed why owning your own home is not only smart, it’ s the core secret to becoming a millionaire. In his new book, tailored for a Canadian readership, he shows exactly how to make that happen with a simple, automatic plan you can read in an hour and put into place today. Renters will learn how to buy a first home, even with lousy credit and tiny savings. And existing homeowners will find out how to turn the roof over their heads into a powerful investment that doubles, triples, and quadruples in price while you simply enjoy living in it. And while you don’ t have to be a landlord to finish rich, if you’ re willing to be, David teaches you how simple it really is to buy a rental property even while you’ re paying the mortgage on your home.
The Automatic Millionaire Homeowner is brilliantly simple, easy to read, highly motivational with a realistic, take-action method for achieving financial prosperity in real estate, starting now.
Bach offers time-tested tactics on all the essentials, including:
• Why you shouldn’ t wait: busting the myths of renting
• Finding a down payment right now using the Automatic Down Payment Solution™
• Choosing the mortgage that is right for you – even with debt, even with imperfect credit
• The secret system for debt-free homeownership: why you must Make It Automatic
• The Automatic Millionaire Right Place, Right Time, Right Price, Right Program™ for buying and selling
• Learn the Automatic Millionaire Mindset™ and collect “ automatic cheques” while you sleep
From the Hardcover edition.
David Bachs Simple System for Building Wealth Through Homeownership Will Help You Finish Rich in Any Market—Automatically
Updated with a new chapter of success stories
Owning a home has always been the American Dream, and in The Automatic Millionaire Homeowner, David Bach shows that buying a home and investment properties is not only possible, it is still the surest way to reach your seven-figure dreams on an ordinary income. Whether you are a renter or already own a home, Bachs book offers a lifelong strategy for real estate based on timeless wisdom that is tried and true—in any market. He includes everything you need to know, with step-by-step instructions, including phone numbers and web sites, so you can get started right away. As long as youre alive, you have to live somewhere. Why not let where you live make you financially secure and ultimately rich? David Bach will show you how.
Bach shows that buying a home and investment properties is not only possible, it is still the surest way to reach dreams of a seven-figure income. This book offers a lifelong strategy for investing in real estate, based on timeless wisdom that is tried and true--in any market.
About the Author
David Bach is the author of seven consecutive national bestsellers, including the #1 New York Times bestsellers Start Late, Finish Rich and The Automatic Millionaire, as well as Smart Women Finish Rich, Smart Couples Finish Rich, The Finish Rich Workbook and The Automatic Millionaire Workbook. They have been translated into fifteen languages and have five million copies in print worldwide. David Bach has appeared over a half dozen times on The Oprah Winfrey Show to share his strategies for living and finishing rich, and he is a featured columnist of Yahoo! Finance. His FinishRich® seminars have been taught in more than 2,000 cities throughout North America by thousands of financial advisors and have reached more than half a million people. To read excerpts of any of David Bachs books, please visit his web site at www.finishrich.com.