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Title details for 5 Magic Paths to Making a Fortune in Real Estate by James E. A. Lumley - Available

5 Magic Paths to Making a Fortune in Real Estate

eBook

A new and revised edition of the commonsense guide to real estate riches



More and more people are discovering that real estate investing is a safe and affordable way to increase their cash flow and build lasting wealth. If you want to achieve financial freedom, then look no further. 5 Magic Paths to Making a Fortune in Real Estate reveals the proven real estate investment strategies that many of today's millionaires used to make their fortunes. In fact, you don't even need a lot of money to start investing and start putting cash in your pocket today!



Real estate expert James Lumley offers simple, straightforward explanations of the most common and lucrative approaches to property 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 use these five strategies to make a killing in any economy. Packed with new information--including sections on the IRS's simplified tax exchange rules and the capital gains exclusion--5 Magic Paths to Making 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!

  • Expand title description text
    Publisher: Wiley Edition: 2

    Kindle Book

    • Release date: May 12, 2004

    PDF eBook

    • ISBN: 9780471666974
    • File size: 1306 KB
    • Release date: May 12, 2004

    Formats

    Kindle Book
    PDF eBook

    subjects

    Business Nonfiction

    Languages

    English

    A new and revised edition of the commonsense guide to real estate riches



    More and more people are discovering that real estate investing is a safe and affordable way to increase their cash flow and build lasting wealth. If you want to achieve financial freedom, then look no further. 5 Magic Paths to Making a Fortune in Real Estate reveals the proven real estate investment strategies that many of today's millionaires used to make their fortunes. In fact, you don't even need a lot of money to start investing and start putting cash in your pocket today!



    Real estate expert James Lumley offers simple, straightforward explanations of the most common and lucrative approaches to property 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 use these five strategies to make a killing in any economy. Packed with new information--including sections on the IRS's simplified tax exchange rules and the capital gains exclusion--5 Magic Paths to Making 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!

  • Expand title description text