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Getting Started in Real Estate Investing
 
 
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Getting Started in Real Estate Investing [Paperback]

Michael C. Thomsett (Author)
4.5 out of 5 stars  See all reviews (2 customer reviews)

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Book Description

Getting Started In..... April 27, 2009
A Must-read guide to real estate investing during turbulent times

Given the current state of the economy, you might be asking yourself if right now is the right time to be investing in real estate. With the third edition of Getting Started in Real Estate Investing as your guide, you’ll quickly discover how a combination of commitment and caution can help you make it in today’s market.

Designed for investors who want to get started in real estate, but don’t know where to begin, this reliable resource will help you break into this fast-moving field and build equity the right way. Getting Started in Real Estate Investing, Third Edition addresses everything from selecting the right properties and becoming a landlord to using the proper tax strategies and finding the right professionals to work with. It also outlines issues you must be aware of in light of recent events, including the best ways to finance your real estate investments, considering the status of mortgage financing, and new requirements that may be thrown at borrowers.

The new edition is updated to include information on:

  • Surviving in the post-bust housing market
  • Picking investments with the new credit realities
  • Looking ahead to future housing booms
  • Reading the emerging housing trends

Written in straightforward and accessible style—with a focus on residential and multifamily properties—Getting Started in Real Estate Investing, Third Edition also contains helpful information that will allow you to analyze your financial ability to buy and hold real estate as well as avoid potential pitfalls.

In order to excel in real estate investing, you need to start by defining what you want to do and how much risk you can afford. But ultimately, success depends on making informed decisions about where and when to invest, and Getting Started in Real Estate Investing, Third Edition gives you the tools to achieve these goals—even under the most difficult market conditions.


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Editorial Reviews

From the Back Cover

Now completely revised and expanded!

The definitive resource for anyone

Getting Started in Real Estate Investing

After a decade-long slump, real estate has rebounded to become one of today's hottest investment vehicles. This consummate beginner's guide shows you how to successfully identify--and profit from--the market's many lucrative opportunities. Written in nontechnical, easy-to-follow terms, Getting Started in Real Estate Investing, Second Edition, gives you the straight facts on everything from mortgage payments and property selection to financing options and landlording issues. Packed with convenient sidebar definitions, easy-to-follow examples, and real-life case histories, as well as tips on avoiding possible pitfalls, this completely updated volume offers the latest information on:
* Real estate versus traditional investments
* Direct mortgage lending
* The resurgence of Real Estate Investment Trusts (REITs)
* Capital gains and losses
* Speculation and rental trends
* The best tax strategies
* And much more! --This text refers to an out of print or unavailable edition of this title.

About the Author

Michael C. Thomsett has written more than sixty books on investing, real estate, business, and management. He is the author of several Wiley books, including the eight editions of the bestselling Getting Started in Options, as well as Getting Started in Property Flipping and the two previous editions of Getting Started in Real Estate Investing.

Product Details

  • Paperback: 354 pages
  • Publisher: Wiley; 3 edition (April 27, 2009)
  • Language: English
  • ISBN-10: 0470423498
  • ISBN-13: 978-0470423493
  • Product Dimensions: 9.1 x 6.1 x 1 inches
  • Shipping Weight: 1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #1,303,066 in Books (See Top 100 in Books)

More About the Author

I have been writing professionally since 1978 and fulltime since 1984. Previously, I was an accountant.
From 1978 to 1984 I wrote part-time and also was a consultant in the financial services industry. Once I began writing fulltime, I began in the magazine journalism field as a freelancer. In 1985 and 1986 I wrote approximately 500 articles in business, trade and professional magazines. I then switched over to books exclusively and have written over 70 books. These include my own as well as ghost-written projects.
Today I like to work on multiple books at the same time, normally two or three projects. Being able to switch back and forth keeps the writing process fresh and interesting. I generally write from 7 a.m. until noon and spend afternoons on research.

 

Customer Reviews

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Average Customer Review
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Most Helpful Customer Reviews

21 of 25 people found the following review helpful:
4.0 out of 5 stars A good primer and resource, July 6, 2000
By A Customer
As a begginner to real estate I found this book to be a great primer on the fundementals of real estate. It explains some of the factors one must consider in valuing real estate, such as confrmity. It explains the basics of loans and the pros and cons of using an accelerated system. It also explains the real estate investment cycle and how it evolves. This book is just a primer it promotes no particular investment philosophy but just the basics one must know in order to be real estate investor.
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11 of 12 people found the following review helpful:
5.0 out of 5 stars Getting Started in Real Estate Investing, November 20, 2002
By A Customer
This book is great because it gives you a detailed look at real estate investing from an "investor's point of view". It discusses cycles, timing, knowing your numbers, etc. that all other books I have read have either completely left out or barely touched on. To be well-rounded on this subject, this book is an absolute must.
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