Make a Fortune in Real Estate
Contents:
In real estate, money always has to exchange hands, whether in cash or on paper, such as a mortgage or note to make it a legal transaction. Now, It only makes sense to use my money so I can keep the money moving.
How to Make a Fortune in Today's Real Estate Market: 10 Steps
The following are several ways to make piles of cash without ever using a dime of your own money:. As a wholesaler your objective is to find an excellent deals on a property. Once the deal is secured with a contract, you then find a buyer investor that takes your place and becomes the buyer of the property. Once the property gets closed you are paid just from putting the deal together, no money involved on your part.
Lease Options- A lease option can be set up several different ways. They can be sold off, similar to a wholesale for quick cash.
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They can be used as cash-flow similar to a rental. And they can be treated as a flip. In any case, if you find a truly motivated seller you can negotiate to have no money down. Birddogging- I think this is one of the best ways for the new investor to make money in real estate.
In this case you are essentially working for another investor and scouting properties for them. You are on the hunt to find them deals that work for them. To flip a house without your own money you simply need to put the deal together to where it makes sense for everybody involved. Most of the time you will need to find either a HML hard money lender or PML private money lender … or a bank will certainly do.
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5 Magic Paths to Making a Fortune in Real Estate, 2nd Edition
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It is based on many years of research. Magic of Speech Evaluation: After reading Magic of Speech Evaluation you will learn to apply public speaking techniques used by of the world's best speakers. Review If you're a serious real estate investor, or if you want to be, you'll enjoy "Unlimited Riches. Wiley; 1 edition October 18, Language: Related Video Shorts 0 Upload your video.
Share your thoughts with other customers. Write a customer review. Read reviews that mention real estate estate investing unlimited riches investing book business. There was a problem filtering reviews right now. Please try again later. I have a few other real estate books and read a great review of this in the LA Times, thinking they have been right before. This book does have a few good ideas and resent them well. The one thing I thought Robert would cover is HOW he secures some of his financing and different financing options.
It felt a bit self-serving when he devoted too much space to the legal service he uses and now represents. I may look at his earlier works before I buy again.
I would really love to hear from others on definitive real estate investing books. That said, i live in a very nice modern 2 bedroom home on a half acre and am so happy with it. And it was a Foreclosure deal from the Bank.
AmazonGlobal Ship Orders Internationally. Packed with new information--including sections on the IRS's simplified tax exchange rules and the capital gains exclusion Magic Paths to Making a Fortune in Real Estate will show you how to: And they can be treated as a flip. The Power of Self Discipline: Make a detailed plan as to where you want to buy as to area.
One person found this helpful. Real Estate Investing book but also a wonderfull and easy follow -up guide. It's not another well-written Real Estate Investing book but also a wonderfull and easy follow -up guide.
A solid beginners tome. Gives good advice on how to drum up business. I always say if you can get a couple of good ideas form a book that help you make some money, you've got your money's worth. One thing I really like are the true story tidbits inserted every so often.
I really liked the idea on p. One of the weaknesses of a beginners book like this is that all too often they dont explain the numbers. Real estate is all about the numbers. No formulas to help you determine if a certain deal is actually good or not. What world are these authors living in? More to the point--how can so many gullible readers buy this stuff? Even worse, Shemin spends a chapter trying to sell you a prepaid legal service with which he's involved.
I agree with Kansas City. Shemin has destroyed his credibility with me with this entry into the Carleton Sheets school of nonsense. Once again, I am stunned with the geniune and honest wealth-building techniques Robert crams in such an easy to read book. This one tops them all, cuts through all the bull and digs up some surprising money-making gems and real nuggets of business savy truth. Shemin truly has something here for the first time real estate rookie, as well as the seasoned investor.
If anyone applies just two or three of the basic tennants in this work, they will immediately boost results and change typical trial and error praying into simple systems and approaches that will work in any market. I have already incorporated some of Robert's wisdom in the last few weeks and can't believe how simple it is becoming to generate income producing assets. A strong two thumbs up for anyone serious about business, and honestly the most focused book from anyone in last few years!
If you've never read a book on real estate investing, I would recommend a more seriously written book on the subject, not this get rich quick book. I have read Robert Shemin's earlier books and this is a rehash of them. Try "investing in real estate" or "the unofficial guide to real estate investing".
These two books are very well written and don't make real estate investing sound like a late night infomercial, as, unfortunately Robert Shemin's books do. Finally a real roadmap complete with strategies and systems for individuals to lead and succeed in life and in business. Learn step-by-step how and where to start by planning your perfect day at work and at play. I learned how to take control over my business instead of having it control me.
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