Five Magic Paths to Making a Fortune in Real Estate - Softcover

Lumley, James E. A.

Softcover

ISBN 10: 0471297860 ISBN 13: 9780471297864

Publisher: John Wiley & Sons, 1999

Synopsis

The straight, no–nonsense facts on how to become a millionaire by investing in real estate

Real estate is back in a big way, and investors are turning to real estate consultant and educator James Lumley and his seven simple but proven techniques that successful investors are currently using to make money. These solid strategies are effective and offer a reliable way to continually generate cash–money for spending or reinvesting. The "magic" techniques, which include investing in fixer–up homes, small– to medium–sized apartment properties, and securing properties with lease–purchase agreements, can be used individually, or in combination, depending on investment goals.

• A proven and reliable way to continually generate cash–money
• New tax laws and low mortgage rates are making real estate an available option to the turbulent stock market

James Lumley (Amherst, MA) has over 30 years of experience as a residential–investment consultant in real estate and as a real–estate educator. He is the author of the successful How to Get a Mortgage in 24 Hours.

About this title

About the Author

JAMES LUMLEY has more than thirty years of experience as a residential–investment consultant in real estate and as a real estate educator. He is the author of the bestselling How to Get a Mortgage in 24 Hours.

From the Back Cover

A safe, affordable investment strategy for living the life of your dreams.

Reading this book is your first step on the road to financial freedom. You?ll learn the proven real estate investment strategies that many of today?s millionaires used to make their fortunes. And the best thing is, you don?t need a lot of money or any prior property investment experience to begin generating a steady flow of cash to do with as you please??right away!

The five paths to riches real estate expert Jim Lumley describes are common approaches to property investment??fixer–uppers, lease/option, wholesale, buy–and–hold, and single– and multifamily rentals. But the real magic in this book is Lumley?s uncanny ability to teach absolutely anyone??even lifelong renters??everything they need to know about the basics of real estate investment and how to make a killing using the five strategies. You?ll quickly learn what you must know in order 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

Edition details

• Publisher: John Wiley & Sons
• Publication date: 1999
• Language: English
• ISBN 10: 0471297860
• ISBN 13: 9780471297864
• Binding: Paperback
• Number of pages: 294