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Big Profits from Small Properties: How to Achieve Financial Independence by Investing in Real Estate Hardcover – December 7, 2012


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Product Details

  • Hardcover: 234 pages
  • Publisher: iUniverse (December 7, 2012)
  • Language: English
  • ISBN-10: 147596112X
  • ISBN-13: 978-1475961126
  • Product Dimensions: 6 x 0.7 x 9 inches
  • Shipping Weight: 1.6 pounds (View shipping rates and policies)
  • Average Customer Review: 4.1 out of 5 stars  See all reviews (14 customer reviews)
  • Amazon Best Sellers Rank: #3,772,711 in Books (See Top 100 in Books)

Editorial Reviews

About the Author

Michael E. Heeney owns and operates nearly six million dollars in income property holdings. He began his career as a salesman and later began investing in real estate. He and his wife, Stephanie, live in San Mateo, California. --This text refers to the Paperback edition.

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Customer Reviews

I recommend this book for anyone interested in real estate investing.
Elizabeth Zimmer
When I heard how long Mr. Heeney had been in the real estate business and how successful he is I thought it would be a good investment.
Steven Growney
This book provides everything that one needs to get started and feel confident that Mr. Heeney's approach really works.
Terry c.

Most Helpful Customer Reviews

6 of 6 people found the following review helpful By DF on March 12, 2013
Format: Kindle Edition Verified Purchase
I found this book to be good value for the $3 I paid for the Kindle version. It is clear and concise with a common sense approach to buying, renovating and renting units in small multi-unit properties. The premise is look for poorly maintained properties in decent areas with current rents that are below market value for the area. Update the exterior of the property and each unit as tenants move out and raise rent to a comparable level. These ideas are easy to state on paper but finding these properties (in my experience) can prove elusive. That said I thought this was a well written book and not necessarily on advertising mechanism for the author like some of the other real estate investing books that I have read.
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3 of 3 people found the following review helpful By George Wertheim on June 14, 2013
Format: Paperback Verified Purchase
I read this book extensively and used the information to purchase my first rental property. It taught me how to use seller financing efficiently - a great read focusing outside of the traditional real estate coursework.
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4 of 5 people found the following review helpful By Richardo on February 22, 2013
Format: Kindle Edition
After reading this book Big Profits from Small Properties: by Mr. Michael E. Heeney, I am now permanently hooked on the author. The book has a masterful blend how-to, not to and how he did it, there are several very useful examples of strategies for someone just like me and you, people like us that are starting on a shoe string budgets and not with the best credit, Michael talks about strategies such as lease options and Land contracts, this is unlike most of the books out there that give you 300+ pages about lease options and other strategies and no methods on how to apply the strategies, I have read lots of books/courses that left me more confused than when I started, Mr. Heeney gives you details on how he was able to use the strategies to acquire the properties for 2-5 years and then refinance them, he also gives you information on how to make sure these properties cash flow from the start, how to manage them, fix them, rent them and more. IT'S A MUST READ 5 STARS FROM ME, A+ This is a book you will not be able to put down! Bravo Michael! I'm looking forward to your next book Thanks for your email response to my questions about the step by step action plan, thanks a million
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2 of 2 people found the following review helpful By Brian Palmucci on December 30, 2013
Format: Kindle Edition Verified Purchase
This book is a good place to start your education on property investment. It certainly shouldn't be the only book you read.

It is clearly written, and is easy to follow. Some of the material provided, like a how to calculate profitable properties using formulas are helpful.

The lessons in this book will not apply to every real estate market. Likely it wouldn't apply to any of the high end areas on either the east or west coast.

It is a simple read, that gets the reader thinking more seriously about how to make a profit, but additional material is needed before you take the property for profit plunge.
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1 of 1 people found the following review helpful By Doni Healy on October 1, 2013
Format: Kindle Edition
This book is excellent. It is obvious the author has been thru most if not all of the scenarios he has in this book.
I thought I had pretty good knowledge of what Michael was going to talk about. Turns out I only knew about half of what I needed to know.
Thanks Michael for all. I really appreciated your expertise. Doni
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5 of 7 people found the following review helpful By Hanahan, SC on April 12, 2013
Format: Kindle Edition Verified Purchase
This book is not what it seems - it does not guide you step by step and definitely doesn't go above and beyond. It's an okay read.
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Format: Kindle Edition Verified Purchase
By investing the time and effort to learn more about your area of interest, you will always get a few helpful nuggets. This book is no exception to that rule. That said, it is targeted to the basic beginner so if that is you then you should consider reading this book. The author is knowledgeable and very detailed.
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