Book Description
Grandpa told me the story of the biggest mistake in his life every year until the day he died and he always ended the story with the same advice: Never ignore the local marketplace. Grandpa didn’t research the local real estate market. He made his decision about purchasing the skyscraper his business was located in based on what he read in the newspapers and heard on the radio: Across the nation jobs were scarce and families were struggling to make ends meet. He relied on national trends as well as on his experience of what was happening to those closest to him up in the Bronx where he lived – businesses along the Grand Concourse struggling to survive… Grandpa allowed the ills of the nation and the neighborhood where he lived -- which he read and heard about every day -- to blind him to the activity and prospects of the local marketplace in which his business was located. He had an opportunity to purchase a fifty-story building on one of the most sought-after retail streets in the world for a deep discount, and he missed it. He ignored the rich potential of Manhattan because he was so focused on the nation and the Bronx. He ignored the gravity and pull of Manhattan because of the dismal stories he heard about Newark, New Jersey and Philadelphia. He learned the hard way that local real estate values are determined by local activity. He had made a mistake that he would not let himself, or me, ever forget.
In this book, I am following Grandpa’s lead. My objective is to offer you some valuable lessons on purchasing real estate. My Grandfather was not the only person to make a mistake in real estate. Mistakes are made by many households and investors every year. The common thread among them— they did not pay attention to local influences and activity.
I believe that if you master the lessons that I have learned over the years on how to evaluate and purchase real estate the local way—you will become a successful real estate investor—and make Grandpa proud.
—From ALL REAL ESTATE IS LOCAL
Whatever the national trends are with regard to real estate – whether they are booming or busting – what really matters is what the market conditions are in your region, town, or neighborhood. For as David Lereah points out, in the end, all real estate is local.
What does that mean? Even during the real estate boom of 2001-2005, a great many cities and regions did not participate in the boom – they lagged behind, or even decreased in value. Similarly, when prices began to fall nationally, there were plenty of regions and locales where prices rose, and sales boomed. As Lereah makes clear, the most important factor in buying or selling a home isn’t what is going on nationally – it is what is going on in your local market. Evaluating present and future trends and influences in your region or neighborhood is essential to creating long term wealth, whether you are in a buyer’s or a seller’s market. And David Lereah, as the Chief Economist for the National Association of Realtors, shows you how to determine the conditions in your neighborhood. Lereah reveals how to:
Evaluate the DNA of homes in the town or county or region you are considering (every town has its own real estate DNA – the characteristics that make a region or city more or less desirable to live in).
Determine whether property values in your targeted neighborhood are on the rise.
Research future real estate influences and trends, from migration into or out of the region, to plans to attract or develop new businesses in the area.
Understand the local factors that can affect your investment in the future.
Countless books offer advice on how to buy and sell a home. But ALL REAL ESTATE IS LOCAL is the first book to explain how knowing the ins and outs of the local market you are targeting is essential to deciding when, where, and what to buy.
Customer Reviews:
My Gosh.......2007-06-09
If you don't know already by this date, Mr. Lereah has resigned his post in the NAR. He is disagraced all over the internet as a liar (do a Google search) and rightfully so. If he believes what he says, at worst he's an ignorant fool. If he does not he's a lying fool...either way the man is a fool.
Needed Perspective and Very Well Written.......2007-04-30
Why do I rate this book highly? This book encourages people to do more research and make more informed decisions. People receive enormous amounts of data about real estate and it is often macro in nature. David Lereah ultimately suggests that "Location Location Location", while an over-used term, is THE factor of importance. He is correct. Most real estate professionals have been working hard to encourgae people to apply local factors to their analysis of real estate. It is true that, often, people talk about real estate in generic terms and can expect generic positive results. David Lereah's message is sound and a refreshing voice.
Another swing, another miss........2007-04-11
Mr. Lereah likes to publish books. Tragically, they have almost comedic timing. He wrote a book on how to get rich in tech stocks that came out in 2000, when the tech stock market collapsed. His previous book was about how the housing market would continue to grow at double digit rates through the end of the decade. He then re-released it when it was obvious that there was a bubble with a new title on why the real estate bubble won't bust. That brings us to his latest book All Real Estate is Local. Now he tries to backpedal off of his hyping of the bubble areas and start bombastically declaring that even though the national trend of inflating housing prices across the country has stalled and is reversing, you can still find good deals if you start focusing on tinier and tinier sections of housing, down to individual neighborhoods. The cheap, easy money that fueled the boom is on the way out, and it will be harder and harder to qualify for loans and interest rates are likely to keep rising. The net result is stagnant or deflationary housing prices.
He's been wrong in his previous two books, and now he's swinging for the fences at a ball that's in the dirt for his third. Instead of saying "Buy everything!" like his last books, now he's saying "Move your buying to an area that isn't already wildly overpriced!" So write those checks for investment homes in Topeka, Kansas everybody!
If you want a book to educate you about real estate investing, this isn't it. If you want a book that tries to convince you to stuff money into some realtor's pocket, then this is the book for you. If you just want to buy yourself a home, forget all the real estate books and calculate your renting costs vs. your owning costs, and then make an informed decision as to when you want to purchase.
Outstanding Insight.......2007-04-10
A very useful read. Mr. Lereah provides excellent insights about real estate investing, whether it's labeled "buyer" or "seller" market. In very readable style, he outlines the factors we all should look into, when buying our own home or considering other real estate investment. Former US House Speaker Tip O'Neill was right on the money about politics being local...and David Lereah is on the money (for all of us) about the LOCAL factors affecting real estate.
Book Description
- The hit show on TLC is now the must-have book for profit-seeking homeowners.
- With a focus on following “flippers” through the process of buying a property, fixing it up, and selling it quickly, the book gives practical advice from real estate professionals.
- Real-life examples from the TV series illustrate what to do-and what not to do-to resell your find fast-and at a profit.
- Whether you're planning to sell your home in six months or six years, Property Ladder is the reference for remodeling investments that pay off.
Customer Reviews:
Good reference book, but not very applicable at the moment.......2007-09-26
This book was not very good. It was boring.. plain and simple. The only reason I rated this book with 2 stars is because it seems that it will come in handy for the future. The book does not really mention to much about flipping homes, but more about repairs. It goes into light detail about how to make repairs and installations. It should come in handy when I'm actually in the midst of a project. But as for research about the housing market and profitable ways to flip a house, forget about it. It list a ton of measurements and numbers that no one could possibly remember. The book is also poorly written so its hard to hold your interest and keep on reading.
It's a clear blueprint to financial success and you can't fail with step-by-step directions and color-coded sidebars of tips........2006-12-12
No matter when you plan to sell your home, there are remodeling and home improvement projects which can enhance its value, and TLC's 'Property Ladder' show offers up case histories of such improvements, detailing why they boosted sales. From frown molding and granite kitchen counters to spacious-seeming rooms, chapters cover the most cost-effective, high-profit remodel jobs, pros and cons, and when to choose a pro over doing it yourself. It's a clear blueprint to financial success and you can't fail with step-by-step directions and color-coded sidebars of tips.
Diane C. Donovan
California Bookwatch
Book Description
This is it--THE handbook for cashing in on the huge boom in reselling new and used products for big bucks
At last, a soup-to-nuts primer on how to tap into the exploding market for new and "previously owned" merchandise flying off online sites and elsewhere. This book has it allwhat to buy, where to buy, what to pay, and then how to sell it for big profits.
You get a complete lowdown from a true expert on:
- How and where to buy overstock, out-of-season, and slightly damaged goods to "flip" for big returns
- How to register for auctions and bid and buy for bargain-basement prices, then sell goods via low-cost ads
- How to negotiate dirt-cheap prices for salable items from estate sales, government surplus, liquidations, flea markets, and more
Customer Reviews:
202 reasons anyone starting a new business should buy this book . .......2007-03-16
This book takes you thru all the steps of starting a business , not just online business. I thaught it was extremely helpful !
Good source tool.......2007-01-09
This book is a handy source for just about every catagory of products you want to find to sell on or off the internet. Concise and resource filled, it is a valuable tool for sourcing a wide variety of goods. The only drawback is the unavoidable fact the many businesses come and go and some links are already dead in a book that is 2-3 years old. Overall it is a definite time and effort saver for finding most any type of product you can imagine selling. Highly recommended.
Needs updating badly, many web links old and not working.......2005-09-29
This book needs a serious updating. When I did find something that interested me, the chances were very good that the web links to their site were old and not working. Further searches for the company usually lead no where. Wouldn't recommend
How-to guide for anyone looking to make money as a middleman.......2005-02-10
Expererienced marketing consultant James Stephenson presents 202 Things You Can Buy And Sell For Big Profits, which is much more than a list of goods that anyone can buy and sell. Chapters address how to operate a buy-and-sell enterprise, where to find goods available (including wholesalers, manufacturers, auction sales, private sellers, and online auctions), legal issues with direct impact on a buy-and-sell enterprise, and much more. Each of the 202 items, including new toys, software, fitness equipment, licensed products and more is listed with a two-paragraph description and a point-by-point summary of where to buy, sell, and find resources concerning it. An excellent, basic and practical how-to guide for anyone looking to make money as a middleman.
A Good Place to Start.......2004-12-14
Having been in the small business area just like Mr. Stephenson is talking about for many years, I feel that I can say his book is pretty good. Just a couple of points I want to add. Under Buying Sources, don't forget: thrift shops, particularily sales at thrift shops. Here one of them is half off every Friday. buying overseas. No you don't have to be big. You can find small suppliers of specialty items that are not imported into the US and bring them in.
Under selling venues: <BR>don't forget Affiliate programs from companies like Amazon. They have a tremendous marketplace and handle all the paperwork. <BR>And the internet is very, very important, go take a class on how to do a web site.
Under business organization: <BR>e says that the biggest reason for incorporating is that you can greatly reduce your own personal liability. I've never found this. Any good lawyer that wants to sue you can frequently get around the corporate shield. <BR>He also talks about the double taxation of a corporation, you file as a Subchapter S corporation and this doesn't happen. And you can create your own corporation, look for the book Ultimate Guide to Incorporating in any State.
Business License: Eventually you'll need one, but I have found that towns and cities are sticky about granting licenses to individuals who want to work out of their house. Furthermore enforcement is rare, and there are basically no penalties if you get caught - but you may want to check on this in your area.
Finally he lists some 202 things you can guy and sell for big profits. No question that in evey one of these things someone has developed his own business. But just pick one or two of these things, if they can be combined, you can scatter yourself too thin.
Product Description
This book provides a road map of suggestions, insights and techniques for both buyers and sellers. It covers the entire selling process step-by-stepfrom making the decision of when to sell or buy, through determining how to market the company, to understanding the various legal & financial documents involved in a sale, and on to closing the deal and handling the transition afterwards. This book is geared toward the novice entrepreneur who wants to buy or sell a small business. Topics covered include: finding and evaluating a business to buy and/or sell, how to value a business, raising the necessary capital, evaluating a business financial condition using discounted cash flow, excess earnings, asset value, and income capitalization,brokers, leveraged buyouts, letters of intent, legal and tax concerns and contracts.
Customer Reviews:
A must for the serious small business buyer........2006-12-12
This book is a complete step-be-step guide to buying/selling a small business. The author begins by explaining the process of choosing the right business for you. He continues by giving detailed explanations of each step of the process, following through to how to deal with your new employees.
The book includes a CD that contains the complete book plus a sample business plan that can be modified to suit your needs. Another benefit of the book is the simplified explanation of how to do a financial analysis of the prospective business. This analysis tells you a lot about the way a business operates and if the business is worth the investment risk.
I would recommend this book to anyone who is seriously looking into buying a small business. It is packed full of helpful information and is written in terminology that is very easy to understand. The financial information alone is well worth the purchase of the book.
An Excellent Buying/Selling Guide.......2006-10-03
With a companion CD-ROM, this title is great for anyone planning to buy or sell a small business. It includes everything you'll need to know about valuing the business, evaluating the business, financing and raising the capital, while supplying many of the much needed letters and legal forms that will be used throughout the entire process.
Made up of easy to read, short chapters, you will find much of the important information broken down into bulleted and numbered lists throughout the text. This allows the reader to find just the information needed quickly, while also breaking down what could be an overwhelming amount of information into digestible pieces.
In this title you will find the "Classified Case Studies: Directly From The Experts" pages which are commonly found in books by Atlantic Publishing Group, Inc. These pages give valid, real life experiences from professionals who have already bought or sold a small business.
If you have a small business and are looking to sell, or you are an entrepreneur looking to purchase, this title may be just the one for you!
Great Tips for Selling a Business.......2006-09-20
Business selling and acquisitions can be a tricky trade when you don't know the rules and the procedures to use which analyzes a business past, present and future performances. Loans from banks and other financial sources are tough to obtain if you don't have a comprehensive business or action plan in place. You must know your market and study information pertaining to the business endeavor that you are contemplating.
How to Buy and/or Sell a Small Business for Maximum Profit introduces you to the process of buying and selling businesses by focusing on personal goals, proper strategic planning, action planning, writing out sound investment strategies and, seeking capital and financing options. The book contains a CD-ROM with Excel and Adobe Formatted worksheets to assist you in creating financial projections.
Author Rene V. Richards simplifies the terms you hear on CNN and other financial outlets so you can understand what the process is when you hear stories about businesses being sold or bought. Even though it's basic reading, this book is a good place to get information from for the novice investor.
This book is another winner from Atlantic Publishing Group which specializes in Business, Management, Technology and Training topics that novices and individuals on an Intermediate level can understand and implement quickly and efficiently.
Considering a Small Business? This book is for you!.......2006-09-19
I found this information invaluable in buying a small business. This book is for the new small business buyer/seller. If you are ready to make a change and purchase a small business then you will want his book in your arsenal. From learning about the business to buying and selling strategies to financing, etc. you will find this book full of helpful information in easy to read format. The included CD with the forms is helpful, too. All you have to do is print out the forms and start using them. Make your dream of buying or selling a small business a reality.
Step By Step guide makes it easy.......2006-08-18
This book provides a road map of suggestions, insights and techniques for both buyers and sellers. It covers the entire selling process step-by-step--from making the decision of when to sell or buy, through determining how to market the company, to understanding the various legal & financial documents involved in a sale, and on to closing the deal and handling the transition afterwards. This book is geared toward the novice entrepreneur who wants to buy or sell a small business. Topics covered include: finding and evaluating a business to buy and/or sell, how to value a business, raising the necessary capital, evaluating a business financial condition using discounted cash flow, excess earnings, asset value, and income capitalization,brokers, leveraged buyouts, letters of intent, legal and tax concerns and contracts
Product Description
Fortune Magazine states, 97 out of 100 self-made millionaires made their fortunes through Real Estate Investing, and the next 10 years will be a Golden Era for the informed Real Estate Investor. If you are saying to yourself That sounds great but I can t quit my job and begin investing full time. I ve got bills, kids in school, car payments, and a mortgage to support, you re in luck. This new book is for you! You will learn how to become a skilled professional Real Estate Investor who can generate thousands, and yes, even millions of dollars, in your spare time. Unlike starting a retail business where you need to be there every day, you can work a full-time job and invest in real estate on the side, and reap huge profits. The key is time. The real estate investing business is a perfect part-time business because real estate is a business where the assets appreciate and cash flow is generated even when you are absent. This new book will give you the information and advice necessary to buy, finance, and successfully manage a small number of positive cash flow producing properties in your spare time. Investing in real estate is one of the safest and smartest investments you can make. Real estate appreciates at a rate far greater than the rate of inflation, builds equity, provides a steady return on investment, provides cash flow, and can offer substantial tax benefits. With the sound guidance in this book you will be able to retire comfortably and EARLY! A sampling of what s covered in this encyclopedic book includes: how to find below-market deals, investing with little or no down payment, seller financing, foreclosures and REOs, investment property, negotiating, purchase offers, managing rental property, flipping, auctions, tax sales, financing, mortgage terms, agents, cash flow, inspections, contracts, tenants, lease agreements, insurance, taxes and accounting, escrow, essential mathematical calculations, sample forms, development, taxation, exchange rules
Customer Reviews:
First real-estate investing book with a humble, realistic perspective.......2007-09-27
I've read and reviewed a number of "how to make millions investing in real estate" type of books, and I didn't think I'd ever need to read another one, since they are mostly the same (in varying degrees of quality). However, I was attracted to the Part-Time Real Estate Investor precisely because of the humility of its title -- it seeks to help real people achieve real income from real estate while keeping their feet planted solidly on the ground. Since I know the realities of the current real-estate market precludes the possibility of doing it full time (at least from my starting position), I decided to take a gamble on this book, and I wasn't disappointed.
As with any "how-to" real-estate investment book, the Part-Time Real Estate Investor covers a lot of ground, and thus is skimpy on the details in some areas. Fortunately though, this book focuses on some areas that are ignored by the pie-in-the-sky type of investment books. For example, it spends ample time on subjects like "Buying Your First Home," buying a home with bad credit, "Land Contract and Lease Purchases," etc. The bad credit chapter was particularly informative, I thought, as it examines whether or not you should buy a home with below-average credit, given the higher interest rates you'll incur. Most books are simply rah-rah for homebuying (and selling), but this one is more sensitive to individual's situations.
There is no ONE book that will tell you everything you need to know about being a real-estate investor, but this one is a good place to start, particularly for people with realistic and modest goals. Others, like those from the Rich Dad series or by author William Bronchick, are also helpful, especially from a psychological perspective. But this book contains some of the best pure information of any I've read. I would advise others in my shoes to grab this book as well as two others I recently reviewed, Inspect Before You Buy (by Charlie Rose) and Your Real Estate Closing Explained Simply (by Michelle Blain), which go into those two areas in greater depth than this book is able to. No ONE book will teach you all you need to know, but these three books as a set come pretty close!
Real estate investing using common sense!.......2007-09-26
I found it an incredibly hard book to put down. The author offers a solid, common sense approach to investing in real estate. Essentially blows away the get rich quick schemes touted by many popular real estate investment books and seminars today. The author discussed at length, the many different types of real estate investing and what works better given certain situations. He also listed types of contacts to make and how to get investments leads. The information provided gave sound advice that was realistic in scope and ideas. The case studies and bonus tips sprinkled throughout the book add an extra measure of "you-can-do-it-too."
Even includes an exhaustive glossary listing of real estate and investment need-to-know terminology and definitions. This is definitely a very informative and necessary book to read before and while embarking on the journey of real estate investment. Avoid the pricy seminars and read this book first.
Great product!.......2007-08-14
I found this book very easy to read and very informative. It made no "get rich quick" promises while presenting the methods that can be used to do so. I will likely read it again soon.
Great ideas and info!.......2007-03-21
With this book, Dan Blacharski has done a terrific job of de-mystifying the world of real estate "flipping" and investment strategies. An easy read, his nearly 300 page manuscript is chock full of useful tips for the first time investor. The glossary of real estate terms in the back of the book is not only helpful, but necessary in order to navigate the often tricky world of realty contracts and laws.
Mr. Blancharski shows how an initial investment of only $10,000 can pay off in millions in the long term, and how it's possible to invest without any seed money at all. At the same time he warns about how over-extending yourself can lead to financial disaster, especially for those who want to "get rich quick".
I can't wait for my husband and I to buy our first property.
Great book, full of exellent information.......2007-03-20
With only knowing the very basics of real estate and being interested in learning more about "flipping" houses, this book was wonderful. Dan covers everything from figuring out how to handle all the paperwork to each step of the process from looking for houses, to selling or renting them.
Dan covers the whole process in great detail focusing on almost every possible situation and telling you how to use it to your advantage or how to get out of a tough spot. He gives plenty of resources and examples by using other's stories as well as his own experiences. He uses these to explain the important points of investing in real estate and to make sure that the reader understands the real estate and banking lingo.
I borrowed this book from a friend, now I will definitely have to go out and get a copy for myself. This book would be great for people of all ages and financial status. He has a way to "dummy down" all the fancy terms and phrases and puts them in a light where anyone can understand them. He also covers all sorts of options to cover any situation no matter the financial status. I think the thing I liked the most besides all the info in a format that is easy to understand and access is that he tells you the truth. When you should and should not use a certain strategy, he doesn't sugar coat anything at all like most sales people do.
Book Description
Vacation properties are not just for the elite and wealthy!
If you were a rich man… Stop right there! Just because you’re not rich doesn’t mean you don’t want a second home to get away from life as you know it. Whether you dream of living on the beach with sand between your toes or getting away from civilization in a mountain cabin, you don’t have to be a Rockefeller to enjoy your dream home.
In Profit From Your Vacation Home Dream: The Complete Guide to a Savvy Financial and Emotional Investment, vacation home buying expert Christine Hrib Karpinski shows you how to not only make your vacation home dream a reality, but to get others to pay your mortgage when you’re not enjoying your home away from home. By renting your vacation home using Karpinski’s recipe for successful vacation home ownership, you will soon be on the road to buying, enjoying and profiting from your second, third – and even fourth home.
Karpinski will show you how to: •Evaluate the different types of vacation properties and weigh the advantages and disadvantages of each. •Determine how many weeks you need to rent your home and how much you can charge to break even. •Become a master at managing real estate transactions –from negotiating the purchase price to maintaining the property – from the comfort of your hometown. •Determine if renting-by-owner or working with a property management company is right for you.
Customer Reviews:
Same as previous book, just as weak.......2007-07-31
This book is as weak as the last book. Unfortunately, my wife bought both of her books without reading the reviews. Big mistake...
I read the book and it was basically a re-hash of her old book. It looks like she has quite a marketing arm behind her now though, as she is working for one of the big vacation rental websites now. Go figure. I guess they are making her publish the same junk, but with their spin on it. I also noticed that all of the super positive reviews for this book seem pretty fake and contrived. Watch out!
Perfect for first timers.......2007-07-29
Great read if you are thinking of buying or have just purchased a second home.
-wintergreenrentalsonline
Dream trips.......2007-02-23
Great way to make money and enjoy life. I also enjoyed the book titled, "World Ventures, Wayne Nugent, Mike Azcue, Dan Stammen, Robert Oblon, Wesley Melcher, Marc Accetta."
Mostly the same as her first book - Don't buy both.......2006-08-30
Having read Christine's first book "How to Rent Vacation Properties by Owner," I was pleased to find that she had written another. After reading the Amazon description, the author's bio and the acknowledgements in the front of the book, I was sure that it was a sequel to the first book. Amazon even has a co-marketing deal where you can buy both books.
I was greatly disappointed to find that most of the info in the book - down to the examples and quotes she uses - came straight out of the first book. Many of these were word-for-word. There's a few new ideas, but this really should have been marketed as a 2nd edition of "How to Rent Vacation Properties by Owner" than as her second book.
In fairness to Christine, I have to say that the content of the book is still great. I just wish it wasn't a near replica of the first!
Provides the basics on how such a home can pay for itself when not in use by its owners.......2006-02-07
Owners of a home who dream of owning a second home for vacation purposes might have thought of the possibility as a dream for the rich, but Profit From Your Vacation Home Dream: The Complete Guide To A Savvy Financial And Emotional Investment tells otherwise: it holds the potential of being a wise move on several fronts, and provides the basics on how such a home can pay for itself when not in use by its owners. From how to rent a vacation home to a formula for successful vacation home ownership, this tells how to evaluate properties, weigh pros and cons, determine what's needed to break even on the investment, and even how to work with property management companies.
Customer Reviews:
Fantastic! Most practical, Do-able bussiness opportunity........2006-06-04
Lonnie Scruggs writes about purchasing and re-selling mobile homes. Its an easy read, the steps are outlined 1 by 1 for you. Everything from what to look for to repairs to ads to what to say to how to sell to sample paperwork.
You don't have to be a superstar seller, you don't have to be a financial wiz to understand these simple, effective techniques. As Lonnie says, don't overanalyze! Just follow his steps and you'll be on your way.
I can't give him enough kudos. You WILL succeed with this book.
Book Description
Are you missing the real estate boom? Can you increase your wealth from it? For most people—including current homeowners—the answer is a resounding yes.
But it’s not too late to increase your stake in the greatest real estate boom of our generation. Whether you are a first-time buyer or already own your home, Are You Missing the Real Estate Boom? will show you how you can dramatically increase your overall wealth. Author David Lereah, chief economist for the National Association of Realtors, shows why the real estate market is poised to climb higher over the next decade—and explains what you can do to profit from it.
Lereah calls today’s market a “once-in-every-other generation opportunity.” Today's boom is not just driven by low interest rates—there are a host of demographic and economic reasons why real estate will continue to outpace other investments, from the growing needs of the baby-boomer generation and the rise of the “echo” boomer generation to the new ways real estate is marketed and sold.
Are you a first-time buyer? A current homeowner considering whether or not to trade up? There has never been a better time to do so, Lereah convincingly claims. In Are You Missing the Real Estate Boom?, Lereah explains what to look for when you’re buying a home; which improvements add the most value to your current home; what to consider when purchasing rental properties; how to evaluate real estate investment trusts (or REITs); and the pros and cons of second homes. Full of detailed information on how to work with a real estate agent and a mortgage lender, how to analyze local markets and regional fluctuations, and how to best finance your investment, Are You Missing the Real Estate Boom? offers readers the seasoned advice they need to invest with confidence and reap outsized rewards.
Are You Missing the Real Estate Boom? author David Lereah, chief economist for the National Association of Realtors®, asks. We are experiencing a historic wealth-building opportunity. To ensure that your don’t miss out, Lereah provides the tools, information, and analysis you need to become a savvy real estate investor. And he shows how to integrate real estate into your overall investment strategies and financial planning goals. Among the information you’ll find in the book:
• How to become a master at dealing with real estate agents, brokers, and lenders.
• Which home improvements will result in the greatest long-term gains.
• How to identify the vacation homes and regions that will increase the most in value.
• How to finance a first-time home—with or without a big down payment.
The long-term fundamentals for housing remain strong into the foreseeable future, claims Lereah. Far from a real estate “bubble,” what we are experiencing today is a phenomenon that takes place only once every other generation: a long-term real estate market expansion.
Isn’t it time you started taking advantage of it today?
Customer Reviews:
Awesome Book!.......2007-09-07
Awesome Book! I totally agree with other posters on the historical signifigance. It has the same weight and dark humor aspects as Ernon's "Code of Ethics" Employee Handbook from 2000. Aside from the hilarious writing, the best part has to be the great cover illustration of the floating house... It's just out of reach...but maybe with an 80/20 Stated Income I/O loan package we can make it happen! Hooray!
A Book for the Terminally Stupid.......2007-06-20
Its obvious from the headlines today that this book is a load of manure. Exactly the opposite of the book's premise has happened. Funny thing is, its happened before and will happen again. Real Estate, like everything else, goes in cycles.
Oh, REALLY, Mr. Lereah?????.......2007-04-12
Wanna bet that it WILL bust? My annual income against your? You are welcome to join the bet: my e-mail is here!
This book is full of lie, starting from its title.
1) Will not bust?
It did before many time, so why it will not again?
More over, it took just a few month to show everyone that Mr. Lereah was, let's put it in polite way, was wrong.
Sales in 2006 fell by 3-4%, prices fell by 3-5%, and profit of home builder fell by 30%!
ANd this is according to National Accosiation of Realtors (NAR) data that usually paint much rosy picture that reality!
If you look closer to your neighborhood you will see what they say is not true.
What about the house across the street from me that was on the market for 18 (!) month and was sold recently for 25% of its initial price?
What about all of those "incensitives" that costs tens of thousnads dollars that builder offer now? They are not in statistics!
What about "seller pay for closing cost/cruise/1 year condo fee/new BMW", etc.?
What about real estate agent that sells new houses I talked recently? He said in 2006 he made just 30% (!!!) from what he made in 2005.
So, NAR, sales fell 3%?
Did you count it in your "statistics", NAR guys? Seems like you don't!
My advice: listen what he says, and then do completely opposite!
Great book if you want to LOSE YOUR SHIRT.......2007-03-06
BE WARNED, click on the author's name link. He's the same BOZO who was telling people how they could get rich on tech stocks in a book published in MARCH OF 2000!!! Whatever this guy says to do, DO THE OPPOSITE and you should be fine.
If it's time for a second home, it's time for this book.......2007-01-23
This is an excellent book for anyone who wants to understand how to make decisions about purchasing a home (to use as a home), a second/vacation home or investment property. I bought my current home at what turned out to be the top of the last real estate boom and it's worth a huge amount more now than it was 10 years ago (and I'm not unique). Now it's time for a ski home, and we want it while our teenagers can enjoy it too - not later when they're in college or living in other parts of the country; and this book gave the type of guidance I needed.
It seems to me that some who posted about this book probably never owned real estate or it would not be so shocking to discover that real estate builds personal wealth. This book is not for anyone who wants to treat real estate like those who day trade in stocks or who have no savings/assets but want to buy anyway, at any financial terms. This is for regular people who want their home (or homes) to build wealth over the long term. If you are considering additional properties and want to understand the various options to be able to make WISE decisions, buy this book.
Book Description
The Only Reliable, Comprehensive Guide to Investing in Abandoned Property
Make Money in Abandoned Properties provides readers with new ideas and vital techniques for every aspect of abandoned property investment, from identifying the right properties to successfully negotiating with owners. There is enormous potential in abandoned properties, and Chantal and Bill Carey explain everything you need to know to get started:
- Why owners abandon properties
- Finding abandoned properties with profit potential
- Locating owners and qualified buyers
- Writing a foolproof offer for the property
- Counter-offers and negotiations
- Negotiating with owners in foreclosure
- Financing techniques for abandoned properties
- Rehabbing abandoned properties for instant equity
- Optioning abandoned properties
- Finding motivated partners for your deals
- Investment strategies that focus on abandoned property
- Dealing with owners in bankruptcy
- Closing deals and using escrow
Customer Reviews:
A re-hash of their last book.......2007-06-19
An abandoned property doesn't necessarily mean it's empty, forgotten, and run-down--it just means nobody cares about it any more (and may still be living inside).
This book is comprised of mostly the material from their last book "Short Sales and Foreclosure Purchases." They simply added a new twist to an old rope, slapped a new cover on it, and released it as another book. Funny how that works with the public.
"Abandoned" can mean abandoned of debts, physical abandonment, or mental abandonment (a "don't wanter")--in any case, these homes are all purchased the same way, regardless of owner circumstance. Then, they're all fixed and flipped (or kept) the same way. Nothing new here.
Good but scattered information.......2007-01-10
Clearly the authors have a very comprehensive and rich knowledge of the real estate market and they share a great deal of valuable information in this book. The problem with the book is that although it makes the attempt of being methodical, the authors often get swept into tangential discussions within any particular section. It reads more like a narrative with subsections of glossary-like listings. This, unfortunately, causes the book to be scattered, and is useless for any reference purposes. For instance, the book describes the advantages of purchases from Fanny May, illustrated by a personal story, in the section dedicated to locating distressed sellers. I can see the logic of how they got there, but this would hardly be the logical place for such a lengthy excursion, in my opinion. I think the book could stand a significant revision for purposes of clarity and structure. Again, a lot of information is there to excavate, just not laid out in the best manner.
Average customer rating:
|
Process to Profits: Strategic Planning for the Growing Business
William Lasher
Manufacturer: South-Western Educational Pub
ProductGroup: Book
Binding: Hardcover
 General
| Business & Investing
| Subjects
| Books
Management
| Management & Leadership
| Business & Investing
| Subjects
| Books
Systems & Planning
| Management & Leadership
| Business & Investing
| Subjects
| Books
Purchasing & Buying
| Industries & Professions
| Business & Investing
| Subjects
| Books
Look Inside Business Books
| Trip
| Specialty Stores
| Books
All Titles
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Business & Investing
| Qualifying Textbooks - Fall 2007
| Stores
| Books
ASIN: 0324223870 |
Book Description
Illustrating how to bring order to the chaos of a growing business, Process to Profits applies the principles of strategy to growing businesses with systematic strategic analysis. Extremely practical, the book helps readers think for the long haul. It emphasizes strategy and implementation - and gives specific information on how to follow through. It helps readers create a strategic framework - complete with a realistic mission statement - as well as design and implement their strategies with an effective business plan. It covers all the bases of growing a business - marketing, financing, service, location, diversification - and it also spotlights the unique issues associated with restructuring.
Books:
- Applied Logistic Regression, Textbook and Solutions Manual (Wiley Series in Probability and Statistics)
- Arab Human Development Report 2004: Towards Freedom in the Arab World
- Asset Protection : Concepts and Strategies for Protecting Your Wealth
- Baby Bargains, 7th Edition: Secrets to Saving 20% to 50% on baby furinture, gear, clothes, toys, maternity wear and much more! (Baby Bargains)
- Baby Bargains, 7th Edition: Secrets to Saving 20% to 50% on baby furinture, gear, clothes, toys, maternity wear and much more! (Baby Bargains)
- Brownian Motion and Stochastic Calculus (Graduate Texts in Mathematics)
- Business Dynamics: Systems Thinking and Modeling for a Complex World with CD-ROM
- Business Dynamics: Systems Thinking and Modeling for a Complex World with CD-ROM
- Castle: Medieval Days and Knights (A Sabuda & Reinhart Pop-up Book)
- CliffsNotes on Conrad's Heart of Darkness & The Secret Sharer
Books Index
Books Home
Recommended Books
- Surprised by Truth: 11 Converts Give the Biblical and Historical Reasons for Becoming Catholic
- How to Spot a Dangerous Man Before You Get Involved: Describes 8 Types of Dangerous Men, Gives Defen
- Essentials of Radiation Biology and Protection
- Fertilization, Development and Parental Care, Volume 4, Part A, Reproductive Biology of Invertebrate
- History: Fiction or Science
- Planning, Implementing, and Evaluating Health Promotion Programs: A Primer
- Mrs. Jeffries Weeds the Plot
- Time-Saver Standards for Building Types
- Grand Central: Gateway to a Million Lives
- In Like Flynn : A Molly Murphy Series
Why the Real Estate Boom Will Not Bust - And How You Can Profit from It: How to Build Wealth in Today's Expanding Real Estate Market
Real Estate Presentations That Make Millions
Home Makeovers That Sell: Quick And Easy Ways to Get the Highest Possible Price
Buyers Are Liars & Sellers Are Too!: The Truth About Buying or Selling Your Home
1,200 Great Sales Tips for Real Estate Professionals
