The Complete Guide to Investing in Rental PropertiesMcGraw Hill Professional, 2004 M05 21 - 288 pages Maximize profits in the single-family and multi-unit rental market You probably know that small rental properties are among the safest, most affordable, and most profitable investments around. With the a little help, however, you can minimize both your investment and your costs and send your profits straight through the roof! In this comprehensive handbook, real estate investing expert Steve Berges reveals the secrets that have made him one of the most successful entrepreneurs in the field. He shows you all of the indispensable tricks of the trade, explains why they are so important, and connects them to other essential steps for super-profitable investing. Arming you with his Five Golden Rules for Success, Steve Berges also shows you how to:
With Steve Berges' expert guidance and no-nonsense advice, you can maximize your investment, minimize your time and effort, and make the most of every foray into the real estate market. |
From inside the book
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... Not only did it cost less to get into the movies, but. Four. Ways. to. Benefit. from. Owning. Real. Estate. Okay, so now what do you think? Offer 1 still. 5 Real Estate for the Smart Investor Four Ways to Benefit from Owning Real Estate.
... offer would you take? Obviously, if you were to take the first choice, at the end of thirty-five days you would have ... offer and half the second. Without the aid of a pencil or calculator, decide which choice you would make. [p. 1] ...
... Offer 1 looks pretty good, especially when compared with Offer 2. So what do you think? Would you take the guaranteed $1000 per day, or would you choose the 1 cent compounded at a rate of 100 percent? Let's examine the next eight days ...
... Offer 2 is starting to look pretty good. In fact, my guess is that any of you who may have initially chosen Offer 1 surely will have switched to Offer 2 by now. Just for fun, let's see what the effect of compounding at a rate of 100 ...
... Offer 1 resulted in a grand total of $35,000. This figure pales in comparison with Offer 2 in what started out as a meager 1 cent. By day 35, that penny, compounded at a rate of 100 percent grew to an amazing $342,255,206. Although ...
Contents
Section 2 How to Manage Rental Properties the Smart Way | 133 |
Section 3 How to Sell Rental Houses the Smart Way | 203 |
Afterword | 246 |
Glossary | 247 |
Index | 270 |