Building Real Estate Riches [Paperback]

Chris Condon (Author)

Book Description

ISBN-10: 0071436839 | ISBN-13: 978-0071436830 | Publication Date: March 12, 2004 | Edition: 1

Save money by finding and financing the right property

This step-by-step guide helps readers start investing in new homes to sell for profit, from finding the best property and planning the most cost-effective construction to selling quickly and profitably. Industry insider Chris Condon addresses the most critical step for investors--planning for resale through the entire process to maximize the number of potential buyers. He unearths the secrets to using innovative design and thorough planning to build a home that will be in demand--and that won't give all the savings to the builder. Offering expert guidance in budgeting, contracting, scheduling, project management, and problem solving,

Building Real Estate Riches:

• Reveals how to get the maximum value out of a house with the least cost
• Explains how to contract new homes that will appeal to new home buyers
• Explores the strategies of successful builders and developers
• Presents hidden cost-saving techniques that don't compromise quality

Editorial Reviews

From the Back Cover

Learn the money making secrets of today's most successful real estate developers and builders!

There are plenty of books offering "sure-fire" real estate investment tips. But when it comes to sharing trade secrets, builder/developers are the ultimate source of information. Now, in Building Real Estate Riches a highly successful builder/developer reveals, for the first time, his techniques for reaping maximum profits from real estate investments. More importantly, he shows how you can use those techniques to cash in on today's new home market.

From scouting the best locations and planning cost-effective construction to selling quickly for maximum profit, Chris Condon covers all the bases. He offers expert guidance on the entire decision making process. Building Real Estate Riches shows you how to successfully invest in the new home real estate market. You'll discover how to:

• Get the maximum value out of a new home with the least possible investment
• Create homes that buyers will compete for
• Use cost-cutting techniques that don't compromise quality
• Get your house built without giving away the profit
• Build your dream home, rental properties and your wealth one house at a time
• Live debt-free while amassing equity through real estate

Featuring a companion website where you can learn more about builder secrets, Building Real Estate Riches puts you on the road to financial independence today.

About the Author

Chris Condon is vice president of Mungo Homes, one of the nation's market leaders in home building. He has spent his whole career in construction and real estate investing. He lives in Irmo, South Carolina.

Product Details

• Paperback: 224 pages
• Publisher: McGraw-Hill; 1 edition (March 12, 2004)
• Language: English
• ISBN-10: 0071436839
• ISBN-13: 978-0071436830
• Product Dimensions: 9 x 6 x 0.5 inches
• Shipping Weight: 9.1 ounces (View shipping rates and policies)
• Average Customer Review: 4.2 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #2,263,745 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

8 of 8 people found the following review helpful:

5.0 out of 5 stars A Book To Study, March 22, 2004

By A Customer

This review is from: Building Real Estate Riches (Paperback)

Whether you are just starting out or have years of experience in owning real estate, this book teaches a lot of valuable lessons. The chapter on Value Engineering really opened my eye about cost savings. And I found the check lists vry helpful in trying to anticipate all the potential problems associated with building your own home or investing in rental properties. If your are not in the building business, this is a must read before venturing into home investment.

8 of 10 people found the following review helpful:

3.0 out of 5 stars 3 1/2 stars, April 5, 2004

By 

J. Daily (Fort Worth, Tx United States) - See all my reviews
(VINE VOICE)    (REAL NAME)   

This review is from: Building Real Estate Riches (Paperback)

This book offers a solid overview of how to "build" equity in your house, then sell after a couple of years and move into the next house you've built, and so on until you own your fourth (or so) mortgage free. Even build rental houses and own them for below market prices. This is basically what builders do.

There is some very good advice on choosing a buildable lot and "value engineering" or how to design the home to get the most for your money.

He covers good, basic tenets such as borrowing ideas from plans, model homes, and other houses already built so you can incorporate successful ideas already implemented. His reasoning being you cant come up with a new idea in home design anyway, and you dont want to for resale purposes (you dont want the only house with your different design elements on the block - it will hinder resale.)

2 of 2 people found the following review helpful:

4.0 out of 5 stars back to basics, August 14, 2005

By 

A. Belcher "newbie developer" (New Zealand) - See all my reviews
(REAL NAME)   

This review is from: Building Real Estate Riches (Paperback)

This book is an excellent guide for do-it-yourselfers who basically want to start from scratch and build a cost effective house. The author gives plenty of practical cost saving tips throughout the process. I didn't give it 5 stars because I was expecting more insight into the financial structures and more about developing multiple sites as opposed to building your own home and selling it a few years later. This book is easy to read and understand, Chris Condon goes into detail with practical tips and this book is worth a read...at a basic hands on level. Great for speculation builders or for penny pinchers doing their own homes. I have come away with valuable tips after reading the book....its value for money.