Posts tagged “Wealth Builder”.

Make Money with Fixer Uppers and Renovations

Make Money with Fixer Uppers and Renovations




In the Make Money series, renowned real estate investor and bestselling author Gary W. Eldred shows you how to profit from the safest, most reliable wealth builder in the world–real estate. With coverage of all the fundamentals–from finding the right properties to financing and managing them–Eldred shows you the ropes so you don’t have to learn important lessons the hard way. Unlike general guides to investing in real estate, each title in the Make Money series gives you the specialized expertise necessary to fully profit from a select investment strategy.

Make Money with Fixer-Uppers and Renovations shows homebuyers and investors how to build a fortune by purchasing properties at bargain prices, using creative improvements to add thousands to their value, and selling or renting them for high profits. There’s almost no limit to the number of ways you can increase the value of a property–from quick and low-cost improvements like a fresh coat of paint to more extensive renovations such as multi-unit conversions or kitchen remodeling. This step-by-step guide includes the knowledge you need to combine entrepreneurial thinking with proven market analysis techniques. You’ll learn to choose properties, plan improvements, and buy low and sell high. Make Money with Fixer-Uppers and Renovations will show you how to:

  • Fix and flip properties for quick profits
  • Buy properties with little or no money down
  • Maximize your property’s market value
  • Exploit regulatory loopholes
  • Create pizzazz for your interiors
  • Add living space to your property
  • Revitalize neighborhoods to increase property values
  • Market your properties for top dollar
  • Save thousands with owner-occupant financing

User Ratings and Reviews

5 Stars Fixer Upper Book
This book is a must for any person interested in buying a house and fixing it up. It has great tips for how to get a mortgage, what to look for in a fixer upper house, and how to sell your house afterwards.

4 Stars Excellent info, but lacks some details
Make Money With Fixer-Uppers and Renovations is a creative book. It criticizes the flipping books Buy It! Fix It! Sell It! Profit! and Flipping Properties by saying they limit your thinking by telling you that the only type of properties you can get are run-down, traditional junker properties. Eldred challenges that notion by saying that the right house can be a house that feels only like a house, and not a home. He differentiates between a house and a home by saying that a house can shelter you, but doesn’t excite you or move you in any way. A home is just like it sounds: a place you call home. By fixing up properties so that they feel like a home, you stand to make more money than by just fixing it up.

The book contains some very good stories and information on fixing up properties, and the information Eldred gives is well worth the price. But the information lacks real meat on how to do any of the things he’s suggesting. It’s like any other $19.95 book on real estate investing: you get what you pay for, and sometimes his suggestions lack detail, or feel like “top of the waves” type of techniques. If there were an upsell, you might get some kind of procedure on exactly how to invoke your local ordinances, add to neighborhood convenience, or convince a reporter to play up the neighborhood’s potential for turnaround.

He also winds up providing a formula for profit in the rehab business that walks and talks a lot like the Buy It! Fix It! Sell It! Profit! formula (a book he criticizes). Apparently the formula is sound, but he believes the buying price will rarely be 60 cents on the dollar. A fair belief, but you may be able to buy it at that price; I leave it up to the investor to make that choice. (In other words, read both books and make your own decision :) ).

Despite these limitations, you do get a lot of bang for your buck. I recommend it to real estate investors who would like to expand their thinking on potential fixer-uppers.

5 Stars Fantastic idea generator
As a veteran rehabber, I do not expect much that’s new from most “fixer” books. But this one pleasantly surprised me. It opened my eyes to the fact that I had not come close to maxing out profits from my properties. The chapter on marketing also weighs in as solid gold. I can see why my FSBO efforts have not paid off like I thought they would. Now I know how to really sell faster and at a higher price–without paying a commission! My guess is that whether your a newbie or pro, this book will definitely guide you to make more money( or collect more rents if you choose to hold–which I do not).

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Make Money with Condominiums and Townhouses

Make Money with Condominiums and Townhouses




In the Make Money series, renowned real estate investor and bestselling author Gary W. Eldred shows you how to profit from the safest, most reliable wealth builder in the world–real estate. With coverage of all the fundamentals–from finding the right properties to financing and managing them–Eldred shows you the ropes so you don’t have to learn important lessons the hard way. Unlike general guides to investing in real estate, each title in the Make Money series gives you the specialized expertise necessary to fully profit from a select investment strategy.

Make Money with Condominiums and Townhouses shows homebuyers and investors how to travel the road to real estate wealth–often with little or nothing down. As an affordable investment vehicle, condominiums and townhouses offer numerous advantages over other types of rental property–they require relatively little day-to-day management, they tend to attract more desirable tenants than other rental properties, and they offer low risk and high returns. Full of time-tested techniques and proven money-making strategies, Make Money with Condominiums and Townhouses will show you how to:

  • Relax while you put your money to work
  • Find properties with high rates of appreciation
  • Evaluate homeowner association finances
  • Choose profitable locations
  • Understand the changing demographics that may affect your investment
  • Finance your properties with little or no money down
  • Achieve positive cash flow quickly
  • Build up equity
  • Understand by-laws, disclosure statements, and management contracts

User Ratings and Reviews

4 Stars A reasoned voice in the huckster crowd
My review title pretty well sums it up. Eldred presents a well reasoned argument for investing in condos. He provides solid advice on the pertinent subjects, including tenant and association selection. And he does it with an encouraging tone that doesn’t digress into pie in the sky hype.

I think I’ll check out some of his other work.

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Make Money with Small Income Properties

Make Money with Small Income Properties




In the Make Money series, renowned real estate investor and bestselling author Gary W. Eldred shows you how to profit from the safest, most reliable wealth builder in the world–real estate. With coverage of all the fundamentals–from finding the right properties to financing and managing them–Eldred shows you the ropes so you don’t have to learn important lessons the hard way. Unlike general guides to investing in real estate, each title in the Make Money series gives you the specialized expertise necessary to fully profit from a select investment strategy.

Make Money with Small Income Properties shows you how to grow your fortune by purchasing and managing multi-unit rental properties–from duplexes to twenty-four-unit buildings. Compared to other real estate investments, small income properties offer higher returns, positive cash flows, and easy-qualifying seller financing. The expert guidance you’ll find here illustrates how you can boost property values and increase rent collections through effective and friendly management. This simple-to-follow guide offers the knowledge you need to find properties that will increase in value, manage them effectively (rule one: never think of yourself as a landlord), and maximize your profits. Make Money with Small Income Properties will show you how to:

  • Purchase and profit from affordable rental properties
  • Develop your entrepreneurial strategy
  • Understand the economy and pick the right neighborhoods
  • Size up the market and your competition
  • Carve out a target market
  • Accurately price properties
  • Build equity fast with easy improvements
  • Create ways to generate more income

User Ratings and Reviews

2 Stars Small Income Properties
If you are looking for a how to guide this is not the book. Eldred, gives you a very high level overview of the real estate game.

5 Stars Excellent
Provides terrific materials in an understable way. I’m a novice and have

heard and read many claims and get rich tomorrow schemes.

This is an excellent tool.Even if I don’t invest this year, it is a great

way to understand the economy for anyone.

5 Stars Not your first real estate book, but very valuable
This book, as others have noted, is not about the mechanics of proceeding; it’s no cookbook and doesn’t outline the specific steps to implement a deal. Nor does it specify some mythical “one true strategy” you should follow. What it does, and does very well, is cover the entire spectrum of larger strategy issues that will distinguish the greater success of strategic thinkers from the blind-luck results of simple tactical implementers.
Who is this for? People who have read (or done) enough real estate that they don’t need yet another book of the details. People who want (or need) to be reminded to think about the larger plan, where they are going, and how to optimize your strategy for best results. I’m a business strategist professionally, and I think this is well written and useful. Some of the people who appreciate it the least (”just do it” types who want to be handed simple answers) would benefit the most from this very good summary of real estate strategic thinking. It’s true, you do need to dive in and “just go do it” to make RE work. But thinking about the issues in this book will probably make any RE campaign significantly *better*. Good luck, to each of you.

5 Stars Create value, Increase net income
This is the second book I’ve read by Eldred. I like his style and thoughtful ideas. Unlike so many get rich in real estate books, Eldred seems to have his feet on the ground, yet he still demonstrates great ideas and techniques for buying, improving, and creating value for properties. This book does not cover “everything you need to know” (what book does?), but it does give you a unique and solid approach to investing smarter and more profitably.

5 Stars Great book for beginners or pros
If you’re thinking about investing in real estate, this book will give you a clear path to follow to maximize your profits. I found its strength both in its clearly written explanations as well as the tips and ideas on how to develop an improvement strategy. As a quick read that fully covers the basics, it’s the best book on investing in small apartment buildings that I have read. True, as the reviewer below notes, you won’t find a bunch of crazy “no credit, no cash” dealmaking tatics here. But you will find substantive content that distinguishes this author from others. Whether investing pro or amateur, I believe you’ll come away from this book with insights that will really boost your return potential. I certainly did.

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Make Money in Real Estate Tax Liens How To Guarantee Your Return Up To 50

Make Money in Real Estate Tax Liens How To Guarantee Your Return Up To 50




MAKE MONEY IN REAL ESTATE TAX LIENS

How does a guaranteed short-term profit of fifteen, twenty-five, or even fifty percent sound? What if you could acquire a property valued at $100,000 with just a $10,000 investment? In the tax lien game, those kinds of profits aren’t just possible, they actually happen! In Make Money in Real Estate Tax Liens, Chantal and Bill Carey show you how to profit from this safe and reliable wealth-builder. Inside, you’ll find answers to all your important real estate tax lien questions:
* What are real estate tax liens?
* What are the risks versus the returns of tax lien investing?
* Why should I buy tax liens?
* How, when, and where can I buy tax liens?
* Will I have to foreclose on properties?
* Does my state offer tax liens?
* How do investors redeem tax lien certificates?
* Will I end up owning property?

Look inside for the answers and start making money today!

User Ratings and Reviews

5 Stars money, money money
The best informative, easy to read book about real estate investing. The tables for calculations are easy to understand and can really be a great resource to aid in auction bidding or foreclosure offers. Great Book!

1 Star Tax liens aren’t all that
I learned about tax liens from the Rich Dad series and when I read some of the information provided in this book, the 50% returns clearly shows that it is just part of the hype. Really you won’t get up to 50% returns, with the industry average hovering around 8-9%. To the book’s credit, it does state that you “could” go up to 50% or more not necessarily that you will.

4 Stars Tax Liens
Very helpful book for any interested in getting into tax lien investments. Has a lot of examples and knowledge of how to get started and where to look for the best tax liens.

5 Stars You Can Purchase Tax Lien Certificates
These certificates pay a guaranteed rate of interest which varies, but can be about 5 or 6 times the interest rate of money in the bank. In additon, there can be a bonus at the end of the certificate time (sometimes 2 years). If the lien is not paid off with interest and fees the governmental taxing authority will sell the lien to you and then you own the property because you paid the taxes on the property.

2 Stars Some useful details, but …
… the text is written in an informal conversational style targetting an average 8th grade student. If you want something that can fill its pages with solid substance, look elsewhere. On the other hand, if taxes and legal jargon intimidates you, the baby-talk tone of this book is for you.

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