A guide to making money in residential property, showing readers how to buy, convert or improve a property to make a substantial profit. Using the same, easy-to-follow "Tips and Traps" format of his earlier works, Irwin shares a common-sense approach to capitalizing on real estate investment opportunities in single family homes, condos, co-ops, and even apartments. He defines the current rules for investing success, highlights the reasons for failure, and breaks new ground by explaining how new considerations, such as crime, gated communities, changing tenant-landlord relationships and zoning restructions impact investment decisions. Pratical tips and techniques are given on how to: navigate safely through the cash flow and tax maze; zero in on profitable properties close to home; convert a "live-in" home to an income-producing property; boost rental income with cost-effective improvement techniques; branch out into multiple dwelling owndership; and to decide when and how to opt out of a property to realize maximum gain.
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Book Description
Editorial Reviews
About the Author
Robert Irwin has built homes from the ground up as well as completed dozens of major renovation and remodeling projects. He is best known as a real estate broker and the author of the best-selling Tips & Traps real estate series. He serves as a consultant to lenders, investors, and brokers. With over 50 books, including Buying a Home on the Internet and The Pocket Guide for Home Buyers, Irwin is recognized as one of the most knowledgeable writers in the real estate field today.
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Most Helpful Customer Reviews
1 of 2 people found the following review helpful:
4.0 out of 5 stars
Concise guide to investing in single family properties,
By A Customer
This review is from: Tips & Traps for Making Money in Real Estate (Paperback)
This book was a fast, easy read. In a short time, I quickly learned the issues and basic approaches. While it's not a thorough how-to guide, one quickly learns what one needs to know. Other reference books can be used for the details.
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Inside This Book
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First Sentence:
My father, years ago before he passed on, used to speak of real estate as a "money tree." Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
one percent rule, negative cashflow, positive cashflow, cleaning deposit, aluminum wiring, garbage disposer, leach field, home inspectors Key Phrases - Capitalized Phrases (CAPs): (learn more)
Trap Don't, Tip There, Converting Negative Cash Flows, Tip Don't, Tip Most, Tip Some, Southern California, Successfully Invest, Unlawful Detainer Action New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
My father, years ago before he passed on, used to speak of real estate as a "money tree." Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
one percent rule, negative cashflow, positive cashflow, cleaning deposit, aluminum wiring, garbage disposer, leach field, home inspectors Key Phrases - Capitalized Phrases (CAPs): (learn more)
Trap Don't, Tip There, Converting Negative Cash Flows, Tip Don't, Tip Most, Tip Some, Southern California, Successfully Invest, Unlawful Detainer Action New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 5
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20
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- The McGraw-Hill Real Estate Handbook by Robert Irwin in Front Matter, and Back Matter
- Tips & Traps When Mortgage Hunting, 3/e (Tips and Traps) by Robert Irwin in Front Matter
- Tips and Traps When Buying a Home by Robert Irwin in Front Matter
- How to Find Hidden Real Estate Bargains 2/e by Robert Irwin in Front Matter
- Tips and Traps When Selling a Home by Robert Irwin in Front Matter
- Home Seller's Checklist: Everything You Need to Know to Get the Highest Price for Your House by Robert Irwin in Front Matter
- Home Closing Checklist by Robert Irwin in Front Matter
- Real Estate Investor's Checklist by Robert Irwin in Front Matter
- Tips & Traps When Negotiating Real Estate (Tips and Traps) by Robert Irwin in Front Matter
- Tips & Traps When Buying A Condo, Co-op, or Townhouse by Robert Irwin in Front Matter
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