Book Description
The bestselling resource on residential real estate investment--thoroughly updated and expanded Real estate continues to be one of America's favorite investments. And now the reference that's sold over 32,000 copies has been revised to reflect current market conditions, interest rates, and prices, along with the proposed reduction in capital gains. Plus there are new sections on how to lower property taxes, tax-deferred exchanges--and more. ANDREW McLEAN (New Orleans, Louisiana) is a former realtor. He has written 6 other books, including The Ultimate Guide to Real Estate Loans (Wiley). GARY ELDRED (Denton, Texas) is a realtor and the author of The 106 Most Common Mistakes Homeowners Make and How to Avoid Them (Wiley).
From the Back Cover
The bestselling guide to residential real estate investment--thoroughly rewritten, updated, and expanded for today's markets.
Experienced and successful real estate investors Andrew McLean and Gary Eldred explain in an easy-to-read guide--packed with examples--how you can make money investing in houses and small apartment buildings. Even with today's lower rates of inflation, residential real estate remains your surest and safest way to build wealth.
Now, to help you achieve your profitable and secure future, this newly rewritten and expanded edition of the ever-popular Investing in Real Estate lays out clearly the best way to get started. Experts McLean and Eldred show you how to: Buy with little or no money coming out of your own pocket. Avoid capital gains taxes while building your real estate wealth. Select neighborhoods and properties that will beat the market with faster rates of appreciation. Create $2 to $10 of value for every $1 you invest in improvements. Select from more than a dozen techniques to finance your purchases.
To plan for your child's college education money, a higher standard of living, or a prosperous retirement, read Investing in Real Estate. It's the most insightful and authoritative guide available.