Getting Started in Real Estate Investing, 2nd Edition [Paperback]

Michael C. Thomsett (Author), Jean Freestone Thomsett (Author)

Book Description

Series: Getting Started In..... | Publication Date: April 6, 1998

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!

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!

About the Author

MICHAEL C. THOMSETT is a financial writer with forty-seven books and hundreds of articles to his credit, including the popular Getting Started in Options (Wiley). He has been a management consultant in the securities industries and is an active options trader.

JEAN FREESTONE THOMSETT is a writer and coauthor of the first edition of this book.

Product Details

• Paperback: 304 pages
• Publisher: Wiley; 2 edition (April 6, 1998)
• Language: English
• ISBN-10: 0471246549
• ISBN-13: 978-0471246541
• Product Dimensions: 9.2 x 5.9 x 0.7 inches
• Shipping Weight: 15.2 ounces
• Average Customer Review: 4.5 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #2,100,697 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

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

This review is from: Getting Started in Real Estate Investing, 2nd Edition (Paperback)

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.

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 review is from: Getting Started in Real Estate Investing, 2nd Edition (Paperback)

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.