Real Estate Riches

Great entry-level book to get your brain juices flowing about the possibility to own real estate. He makes a compelling case for borrowing most of the cash to finance the purchases; better to take $4k and invest $1k down in 4 properties, borrowing the rest, since there are so many tax advantages. Make the most of banks’ willingness to finance your real estate investing. Commercial vs. residential real estate also looks to be the most lucrative & easy way to go. Look at 100 properties, pick 10 to bid on, 3 will accept, find financing for 1. It’s all about the internal rate of return.
Good rah-rah book, a little weak on details of paying off mortages & how to go about getting started.


auth=De Roos, Dolf
pub=2001
sub=How to become rich using your banker’s money
isbn=0446678643