Synopses & Reviews
The bestselling guide to residential real estate investment—thoroughly rewritten, updated, and expanded for today's markets.
Experienced and successful real estate investors Andrew McLean and Gary Eldred explain in an easy-to-read guide—packed with examples—how you can make money investing in houses and small apartment buildings. Even with today's lower rates of inflation, residential real estate remains your surest and safest way to build wealth.
Now, to help you achieve your profitable and secure future, this newly rewritten and expanded edition of the ever-popular Investing in Real Estate lays out clearly the best way to get started. Experts McLean and Eldred show you how to:
- Buy with little or no money coming out of your own pocket.
- Avoid capital gains taxes while building your real estate wealth.
- Select neighborhoods and properties that will beat the market with faster rates of appreciation.
- Create $2 to $10 of value for every $1 you invest in improvements.
- Select from more than a dozen techniques to finance your purchases.
To plan for your child's college education money, a higher standard of living, or a prosperous retirement, read Investing in Real Estate. It's the most insightful and authoritative guide available.
About the Author
ANDREW McLEAN has broad real estate experience and has written six other books, including The Ultimate Guide to Residential Real Estate Loans (Wiley).
GARY W. ELDRED, Ph.D., has been involved in more than 100 real estate transactions as either a principal or consultant. He has also served on the graduate business faculty at Stanford University and the University of Illinois. Other books by Dr. Eldred include Yes! You Can Own the Home You Want and The 106 Common Mistakes Homebuyers Make (and How to Avoid Them), both published by Wiley.
Table of Contents
Introduction: Why You Should Invest in Real Estate.
Financing: How to Get the Money You Need.
Appraisal: A Short Course in Valuing Properties.
Analyzing Your Investments.
How to Find Bargains.
Foreclosures: How to Buy Real Estate in Distress.
HUD/VA Homes and Other Sources of Bargains.
Making Your Offer.
Property Management: One Person's Dilemma is Another's Gold Mine.
Useful Forms.
Other Profitable Investment Techniques.
Selling Your Property.
How to Reduce Your Taxes.
Real Estate Can Give You Lifetime Income.
Index.