Make smart decisions in any real estate market
Real estate is always on the radar of investors looking for growth opportunities. Real Estate Investing For Dummies is your no-nonsense guide to adding real estate to your own portfolio. Considered one of the most desirable investment types, real estate is a great way to build wealth—if you know how to navigate the challenges. This book teaches you how to enhance your income by buying investment properties. It includes help with building a plan for raising capital, finding properties with promise, and becoming a successful property manager. With tips on increasing property value and creating a real estate portfolio that matches your goals, this guide is a must for any would-be real-estate investor.
- Understand the different types of real estate investment and build a team that will help you succeed
- Finance your investments and locate properties that generate income
- Learn how to research real estate investment opportunities and sell at the right time
- Increase the value of your assets and become a property manager
This book is designed for real estate investing beginners who are eager to purchase property for the purpose of building wealth. Experienced investors will also love the portfolio-enhancing advice inside.
Spis treści
Introduction 1
Part 1: Getting Started with Real Estate Investing. 5
Chapter 1: Evaluating Real Estate as an Investment 7
Chapter 2: Covering Common Real Estate Investments 25
Chapter 3: Considering Foreclosures, REOs, Probate Sales, and More 47
Chapter 4: Taking the Passive Approach 65
Chapter 5: Fast Money: Small Down Payments and Property Flips 83
Chapter 6: Building Your Team 93
Part 2: How to Get the Money: Raising Capital and Financing 111
Chapter 7: Identifying Sources of Capital 113
Chapter 8: Financing Your Property Purchases 125
Chapter 9: Securing the Best Mortgage Terms 145
Part 3: Finding and Evaluating Properties 155
Chapter 10: Location, Location, Value 157
Chapter 11: Understanding Leases and Property Valuation 193
Chapter 12: Valuing Property through Number Crunching 207
Chapter 13: Preparing and Making an Offer 235
Chapter 14: Due Diligence, Property Inspections, and Closing 255
Part 4: Operating the Property 295
Chapter 15: Landlording 101 297
Chapter 16: Protecting Your Investment 335
Chapter 17: Recordkeeping and Accounting 347
Chapter 18: Looking at Tax Considerations and Exit Strategies 363
Part 5: The Part of Tens 393
Chapter 19: Ten (Plus One) Ways to Increase a Property’s Value 395
Chapter 20: Ten Steps to Real Estate Investing Success 407
Index 417
O autorze
Eric Tyson, MBA, has shared his financial expertise in bestselling books like Personal Finance For Dummies and Home Buying Kit For Dummies. Robert S. Griswold, MSBA, CRE, CPM, is a successful real estate investor and property manager. He’s authored Property Management For Dummies and coauthored Landlord’s Legal Kit For Dummies.