The Beginner's Guide to Real Estate Investing, Second Edition [Paperback]

Gary W. Eldred (Author)

Book Description

Publication Date: March 3, 2008

Start making money today ---with the ultimate guide for first-time investors

No matter what the market does, real estate stilloffers plenty of moneymaking opportunities. In thisnew edition of The Beginner's Guide to RealEstate Investing, Gary W. Eldred presents the toolsand knowledge new investors need to get started profitably. Packed with smart moneymakingstrategies and real-life stories from successfulinvestors, this edition also covers the latestinformation on financing, foreclosures, cash flow, and much more. You'll not only master the basics ofinvesting, but also discover specialized techniques that the pros rely on to grow their long-term wealth. Concise yet comprehensive, this practical guide shows you how to:
*

Find great deals on properties with big potential
*

Get started with low- or no-down payment financing
*

Utilize creative financing options and otherpeople's money
*

Buy low-cost foreclosures and REOs
*

Make value-adding improvements to any property
*

Craft winning offers and negotiate like a pro
*

Manage rental properties hassle-free
*

Flip investment properties for fast profit


In addition, Eldred shows you how to tailor yourinvestment strategy to make money almost anywhere, in any type of market. With proven tech-niques, timeless principles, and totally up-to-dateinformation, The Beginner's Guide to Real EstateInvesting, Second Edition is the perfect place to start building a prosperous future --- today.

Editorial Reviews

From the Back Cover

Start making money today —-with the ultimate guide for first-time investors

No matter what the market does, real estate stilloffers plenty of moneymaking opportunities. In thisnew edition of The Beginner's Guide to RealEstate Investing, Gary W. Eldred presents the toolsand knowledge new investors need to get started profitably. Packed with smart moneymakingstrategies and real-life stories from successfulinvestors, this edition also covers the latestinformation on financing, foreclosures, cash flow, and much more. You'll not only master the basics ofinvesting, but also discover specialized techniques that the pros rely on to grow their long-term wealth. Concise yet comprehensive, this practical guide shows you how to:

• Find great deals on properties with big potential

• Get started with low– or no–down payment financing

• Utilize creative financing options and otherpeople's money

• Buy low-cost foreclosures and REOs

• Make value-adding improvements to any property

• Craft winning offers and negotiate like a pro

• Manage rental properties hassle-free

• Flip investment properties for fast profit

In addition, Eldred shows you how to tailor yourinvestment strategy to make money almost anywhere, in any type of market. With proven tech-niques, timeless principles, and totally up-to-dateinformation, The Beginner's Guide to Real EstateInvesting, Second Edition is the perfect place to start building a prosperous future —- today.

About the Author

Gary W. Eldred, PhD, has investedsuccessfully in real estate for morethan twenty-five years and has servedon the graduate business school faculty at Stanford University and the University of Virginia. He cohosts a nationally broadcastradio show on investing and frequentlymakes presentations at seminars throughoutNorth America. He is also the author of106 Mortgage Secrets All Borrowers Must Learn—But Lenders Don't Tell and Trump University Real Estate 101, both from Wiley.

Product Details

• Paperback: 312 pages
• Publisher: Wiley; 2 edition (March 3, 2008)
• Language: English
• ISBN-10: 047018342X
• ISBN-13: 978-0470183427
• Product Dimensions: 9.1 x 7.5 x 0.7 inches
• Shipping Weight: 1.2 pounds (View shipping rates and policies)
• Average Customer Review: 4.2 out of 5 stars  See all reviews (19 customer reviews)
• Amazon Best Sellers Rank: #378,354 in Books (See Top 100 in Books)

More About the Author

Gary W. Eldred has been investing successfully in real estate for twenty-five years and has consulted on real estate issues with many Fortune 500 companies. He formerly served on the graduate business faculty of Stanford University and the University of Virginia. He is the bestselling author of Investing in Real Estate, Sixth Edition, The Beginner's Guide to Real Estate Investing, Second Edition, and The 106 Common Mistakes Homebuyers Make (and How to Avoid Them), Fourth Edition, all from Wiley.

Customer Reviews

Most Helpful Customer Reviews

120 of 126 people found the following review helpful:

5.0 out of 5 stars Gigantic value, May 5, 2004

By 

Dee Prproaker (Athens, GA) - See all my reviews

This review is from: The Beginner's Guide to Real Estate Investing (Paperback)

Usually, when I buy an "intro to the subject' book I seem to find a general guide of (almost) obvious dos and don'ts. Not this book. It covers the territory of real estate investing with dozens of specific pointers backed up with examples. Great detail on financing, buying at a bargain price, and increasing the value of a property. Easy-to-read writing style plus lots of whitespace, headings, and boxed major points for quick scanning. All in all a gigantic value for a mere $10 or $11 bucks. I think even pros (as well as first-timers) could profit by reading this info-packed "how to" guide.

27 of 31 people found the following review helpful:

5.0 out of 5 stars Helpful guide for beginners, February 11, 2006

By 

Janet Hoosier - See all my reviews

This review is from: The Beginner's Guide to Real Estate Investing (Paperback)

I'm a real estate agent, and I found this book easy enough for me to explain some basic concepts of real estate investing to some of my clients. This is basic, however, and that's fine for most people who has an agent. If you are serious about becoming a professional full-time investor, I would suggest you arm yourself with several books before plunking down cold hard cash on a property - books on selecting properties good for investing, finding other investors, how to buy properties, how to sell properties, flipping homes, real estate auctions, prepping homes for sale, home renovations that would help maximize the sale of a property, rental, etc. There are lots to know about real estate investment, and this book tries to cover the surface of it. Good reference for just beginning.

12 of 14 people found the following review helpful:

5.0 out of 5 stars Fantastic introduction to the business of Real Estate Investing, June 24, 2006

By 

J. Schrenzel "J. Schrenzel" (New York, NY) - See all my reviews

Amazon Verified Purchase

This review is from: The Beginner's Guide to Real Estate Investing (Paperback)

Gary Eldred's book, The Beginner's Guide to Real Estate Investing, provided for me a broad and comprehensible introduction to the world of the Real Estate business. From loans to Land lording, Mr. Eldred introduces techniques, formulas and a wealth of resources to help you find money, calculate risk and profit, maximize your investment and create wealth through an honorable, ethical and respectful business practice. I highly recommend this book to the beginners and the veterans alike.