The Insider's Guide to Making Money in Real Estate explains why real estate is a consistently profitable moneymaker and how everyday people just like you can build their fortune regardless of their credit score or how much money they have in the bank. It's true you don't have to be rich to invest in real estate. It's the easiest, most leveraged method for building sustainable wealth over time, and it's open to everyone.
In this practical, nuts–and–bolts guide, New York Times bestselling real estate authors Dolf de Roos and Diane Kennedy cover all the basics of investing and offer the kind of insider advice and little–known tips you won't find anywhere else. You'll get a wealth of bright ideas and smart investment moves, as well as examples, case studies, and true investing stories from successful investors just like you. Inside, you'll learn:
- The ins and outs of commercial versus residential property
- How to spot great bargains in neighborhoods with great potential
- How to finance your investments with less–than–perfect credit
- Quick tips for increasing the value of your property inexpensively
- How to find reliable tenants who'll pay top dollar
- Everything you need to know about property taxes and deductions
- How to use tax benefits to increase your profits
PART ONE: Fundamentals of Real Estate.
CHAPTER 1: Real Valid Reasons Why You Can t Make Money in Real Estate.
CHAPTER 2: Why Real Estate?
CHAPTER 3: What It Really Takes to Succeed in Real Estate.
CHAPTER 4: The Five Fundamental Wealth–Building Strategies of Real Estate.
CHAPTER 5: What Type of Investor Are You?
PART TWO: Getting Ready for Real Estate.
CHAPTER 6: Categories of Real Estate.
CHAPTER 7: Finding Hidden Money.
CHAPTER 8: Creative Sources of Funding.
CHAPTER 9: Understanding the Numbers.
CHAPTER 10: Value Engineering.
CHAPTER 11: Cycle of a Property.
PART THREE: Secrets of Success through Teams.
CHAPTER 12: Designing Your Team.
CHAPTER 13: Interviewing Team Members.
CHAPTER 14: Building a Team That Works.
Appendix A: Frequently Asked Questions.
Appendix B: Short Version of This Book.
Meet Dolf de Roos.
Meet Diane Kennedy.
DIANE KENNEDY, CPA, is a top real estate author and investing expert. She is the founder and owner of DKA, a leading tax strategy and accounting firm. She is also the author of Loopholes of the Rich and The Insider's Guide to Real Estate Investing Loopholes, both from Wiley.