How to Make Money With Real Estate Options: Low-Cost, Low-Risk, High-Profit Strategies for Controlling Undervalued Property....Without the Burdens of Ownership! [Paperback]

Thomas Lucier (Author)

Book Description

Publication Date: February 4, 2005

Spend like a miser, profit like a mogul

Who says you have to spend money to make money?Savvy real estate investors follow the examples of Donald Trump and Walt Disney, turning substantial profits on properties without incurring the debt, risk, and maintenance costs of ownership--and now, so can you!

In How to Make Money with Real Estate Options, real estate expert Thomas Lucier introduces you to the low-risk, high-yield investment vehicle that can earn big bucks even for small investors. Lucier explains what real estate options are, how they work, and why they are the tools of choice for thousands of successful investors. Step by step, he shows you how to:
* Locate potential option properties using the Internet, want ads, and "bird-dogs"
* Contact and negotiate with property owners
* Perform due diligence and avoid options pitfalls
* Prepare an option agreement that protects you
* Insure real estate options with title insurance
* Package and sell optioned properties for optimum profits


Packed with no-nonsense advice on how to identify the most profitable properties and manage every step of the option process, How to Make Money with Real Estate Options is a practical guide to one of the secret weapons of savvy investors.

Editorial Reviews

From the Back Cover

Spend like a miser, profit like a mogul

Who says you have to spend money to make money?Savvy real estate investors follow the examples of Donald Trump and Walt Disney, turning substantial profits on properties without incurring the debt, risk, and maintenance costs of ownership—and now, so can you!

In How to Make Money with Real Estate Options, real estate expert Thomas Lucier introduces you to the low-risk, high-yield investment vehicle that can earn big bucks even for small investors. Lucier explains what real estate options are, how they work, and why they are the tools of choice for thousands of successful investors. Step by step, he shows you how to:

• Locate potential option properties using the Internet, want ads, and "bird-dogs"
• Contact and negotiate with property owners
• Perform due diligence and avoid options pitfalls
• Prepare an option agreement that protects you
• Insure real estate options with title insurance
• Package and sell optioned properties for optimum profits

Packed with no-nonsense advice on how to identify the most profitable properties and manage every step of the option process, How to Make Money with Real Estate Options is a practical guide to one of the secret weapons of savvy investors.

About the Author

THOMAS J. LUCIER is the President and CEO of Home Equities Corp., a privately held Florida corporation established in 1995 that specializes in the purchase, fast turnaround, and resale of small residential rental properties in the Tampa Bay area.

Product Details

• Paperback: 264 pages
• Publisher: Wiley; 1 edition (February 4, 2005)
• Language: English
• ISBN-10: 047169276X
• ISBN-13: 978-0471692768
• Product Dimensions: 9.4 x 7.6 x 0.6 inches
• Shipping Weight: 13.6 ounces (View shipping rates and policies)
• Average Customer Review: 4.6 out of 5 stars  See all reviews (48 customer reviews)
• Amazon Best Sellers Rank: #233,511 in Books (See Top 100 in Books)

More About the Author

I've been very lucky in life. I've found something that I have a real passion for, and that I am fairly good at, real estate. And in spite of the fact that I am a one-fingered typist and left-handed too boot, I've written seven books on real estate investing and managing Florida residential rental property. My book, The Pre-Foreclosure Property Investor's Kit, is the all-time best-selling foreclosure book, with over 107,000 copies sold since December 27, 2004! As an author, I am most proud of the fact that hundreds, if not thousands of real estate investors worldwide, have used the detailed information and no-bullspit advice in my books, to earn millions of dollars collectively!

My books aren't intended for the get-rich-quick-in-real estate crowd. I'm well known for my trademark plain-English, straightforward, right-to-the-point writing style, that cuts through the bullspit and tells readers as it really is. My books appeal to rational, reasonable, intelligent, goal-driven, reality-based and action-oriented adults, who are willing to take calculated risks in order to profit from the many money-making opportunities that real estate provides! And in all of my books, I've done something that ninety-nine percent of all book authors are scared to do, I have listed my direct e-mail address and invited readers to contact me.

In today's Digital Age, the author who provides his readers with the best information wins! And I must be winning, because readers from all around the globe are constantly telling me that they find my irreverent, right-to-the-point, no-bullspit, politically-incorrect writing style and self-deprecating sense of humor, to be a refreshing respite from the dull, boring and poorly written pap, that's being peddled by most real estate writers, authors, bloggers and book publishers today.

I'm open for business 24/7, 365 days a year at my Web site, Avoid Bad Realtors, that's located on the World Wide Web at www.avoidbadrealtors.com. My books are available for purchase throughout the English Speaking World! And I've met some really cool people from the four corners of the Globe! But, best of all, I can sit bare-chested and barefooted in the privacy of my home office, and never have to worry about getting a 'memo' from some pencil neck geek in personnel!

Customer Reviews

Most Helpful Customer Reviews

45 of 48 people found the following review helpful:

4.0 out of 5 stars Step by Step Learning & to the Point with REAL Information, March 23, 2005

By 

Patrick (Tampa FL) - See all my reviews

This review is from: How to Make Money With Real Estate Options: Low-Cost, Low-Risk, High-Profit Strategies for Controlling Undervalued Property....Without the Burdens of Ownership! (Paperback)

The author gives you excellent detailed information along with lots of resource links, not to mention his email & phone info. He actually does answer email questions quick. His book is an excellent value because it's all about "how to" without any fluff, missing details, long winded stories or get rich quick schemes. I've read many real estate books & this is probably one if not the best & most informative on a new strategy that the average person can use.

22 of 23 people found the following review helpful:

5.0 out of 5 stars Experience shows through, June 2, 2005

By 

William A. Futrell - See all my reviews
(REAL NAME)   

This review is from: How to Make Money With Real Estate Options: Low-Cost, Low-Risk, High-Profit Strategies for Controlling Undervalued Property....Without the Burdens of Ownership! (Paperback)

I am a former real estate broker (6 years in California during the crazy years of 1977 through 1983) and this book by Thomas Lucier is one of the better I have read over the years. It gives much practical real world information and gives the novice investor and experienced investor a tool to improve their chances of success in the options and lease options world of investing in real estate.

It is a seminar in a book. I highly recommend it for others.

Bill

21 of 22 people found the following review helpful:

5.0 out of 5 stars Awesome Book!!, July 19, 2005

By 

Jeffrey Roth "Jeff" (New Jersey) - See all my reviews
(REAL NAME)   

This review is from: How to Make Money With Real Estate Options: Low-Cost, Low-Risk, High-Profit Strategies for Controlling Undervalued Property....Without the Burdens of Ownership! (Paperback)

This is a straight forward no non-sense book. I have read so many books by people who seem like their more interested in motivating you too their $5,000 real estate seminar than to give you the information you need to make it in real estate. I have read two of Mr. Lucier's books one on pre-foreclosures, and the other on real estate options which I have highly recommended to people that I've been discussing real estate with. If you are sick and tired of wasting your hard earned money on books that just pump you up, but give you no substance then buy this book and find out of if you really have what it takes to invest in real estate options. Also I e-mailed Mr. Lucier some questions I had, and he e-mailed me back - with well thought out responses - 9 hours later! Now that's what I call customer service and someone who stands behind his work. Thanks again!