Buy Low, Rent Smart, Sell High
Real Estate Investing for the Long RunBook - 2003
Like investing in the stock market, making a profit in real estate is about buying low and selling high. In this book Andy Heller and Scott Frank outline a proven real estate investing programme that does more than make good money - their method also makes it possible for people with poor credit or low cash to purchase their own homes over time. long run, even during down economic times, revealing five avenues for making profit: buy single-family homes from banks and mortgage companies at a low price, typically 10 to 20 percent below market value; get renters into each home quickly at top rates to generate a positive monthly cash flow; receive lease/purchase option money and contract with tenants to sell them the homes at fair market value over a period of time; receive tax benefits from writing off taxes, interest, repairs and business expenses as legal owners of the investment properties; pay down the mortgage loans every month, which creates additional profit when the properties are sold. contract, residential rental agreement, option to purchase agreement, a home inspection checklist, marketing materials and more.
Publisher: Chicago : Dearborn Trade Publishing, c2003.
Characteristics: xvii, 214 p. :,ill. ;,23 cm.