A new and revised edition of the commonsense guide to real estateriches
More and more people are discovering that real estate investing isa safe and affordable way to increase their cash flow and buildlasting wealth. If you want to achieve financial freedom, then lookno further. 5 Magic Paths to Making a Fortune in Real Estatereveals the proven real estate investment strategies that many oftoday's millionaires used to make their fortunes. In fact, youdon't even need a lot of money to start investing and start puttingcash in your pocket today!
Real estate expert James Lumley offers simple, straightforwardexplanations of the most common and lucrative approaches toproperty investment--including fixer-uppers, lease/options,wholesales, buy-and-hold, and single-and multifamily rentals.You'll understand all the basics of real estate and learn to usethese five strategies to make a killing in any economy. Packed withnew information--including sections on the IRS's simplified taxexchange rules and the capital gains exclusion--5 Magic Paths toMaking a Fortune in Real Estate will show you how to:
* Find foreclosed, repossessed, or condemned properties
* Research the markets and perform valuations
* Determine what you can safely afford
* Negotiate with sellers and buyers
* Find the best financing terms, including seller financing
* Price and perform money-making repairs
* Work with agents and contractors
* And much more!
James E. A. Lumley
Business & Management Immobilien u. Grundbesitz Property & Real Estate Wirtschaft u. Management