Product Description

In the Make Money series, renowned real estate investor and bestselling author Gary W. Eldred shows you how to profit from the safest, most reliable wealth builder in the world-real estate. With coverage of all the fundamentals-from finding the right properties to financing and managing them-Eldred shows you the ropes so you don't have to learn important lessons the hard way. Unlike general guides to investing in real estate, each title in the Make Money series gives you the specialized expertise necessary to fully profit from a select investment strategy.

Make Money with Small Income Properties shows you how to grow your fortune by purchasing and managing multi-unit rental properties-from duplexes to twenty-four-unit buildings. Compared to other real estate investments, small income properties offer higher returns, positive cash flows, and easy-qualifying seller financing. The expert guidance you'll find here illustrates how you can boost property values and increase rent collections through effective and friendly management. This simple-to-follow guide offers the knowledge you need to find properties that will increase in value, manage them effectively (rule one: never think of yourself as a landlord), and maximize your profits. Make Money with Small Income Properties will show you how to:

• Purchase and profit from affordable rental properties
• Develop your entrepreneurial strategy
• Understand the economy and pick the right neighborhoods
• Size up the market and your competition
• Carve out a target market
• Accurately price properties
• Build equity fast with easy improvements
• Create ways to generate more income

Product Details

• Amazon Sales Rank: #157279 in Books
• Published on: 2003-07-25
• Number of items: 1
• Binding: Paperback
• 300 pages

Download Description
Everything first-time investors need to know about small income properties

Millions of investors are looking for a safe place to put their money. Make Money with Small Income Properties shows readers how to invest in everything from duplexes to twenty-four-unit properties. The book explains to first-time investors why small income properties are such a good investment and shows them how to take advantage of seller financing. The author includes tips on how investors can use property management and tenant management schemes to increase value. Topics include location, property conditions, market conditions, calculating net profit, and securing financing.

Gary W. Eldred, PhD (Gainesville, FL) is a realtor who has served on the graduate business faculty at Stanford University and the University of Illinois. He is also the coauthor of Investing in Real Estate, Fourth Edition (0-471-32339-X) and author of Yes! You Can Own the Home You Want (0-471-09978-3) and The 106 Common Mistakes Homebuyers Make (and How to Avoid Them) (0-471-12658-6), all published by Wiley.

Book Info
Text shows how to profit from real estate, covering all the fundamentals. Discusses how to find the right properties, finance them, and manage them. Softcover. DLC: Real estate investment--United States.

About the Author
GARY W. ELDRED, PhD, has been involved in more than a hundred real estate projects as a buyer, seller, or investment consultant. Dr. Eldred has also taught numerous graduate courses in real estate at America's top universities, including Stanford, the University of Virginia, and the University of Illinois. He is also the author of Make Money with Condominiums and Townhouses and Make Money with Fixer-Uppers and Renovations, and coauthor of the bestseller Investing in Real Estate, Fourth Edition, all published by Wiley.

Customer Reviews

Small Income Properties
If you are looking for a how to guide this is not the book. Eldred, gives you a very high level overview of the real estate game.

Excellent
Provides terrific materials in an understable way. I'm a novice and have
heard and read many claims and get rich tomorrow schemes.
This is an excellent tool.Even if I don't invest this year, it is a great
way to understand the economy for anyone.

Not your first real estate book, but very valuable
This book, as others have noted, is not about the mechanics of proceeding; it's no cookbook and doesn't outline the specific steps to implement a deal. Nor does it specify some mythical "one true strategy" you should follow. What it does, and does very well, is cover the entire spectrum of larger strategy issues that will distinguish the greater success of strategic thinkers from the blind-luck results of simple tactical implementers.
Who is this for? People who have read (or done) enough real estate that they don't need yet another book of the details. People who want (or need) to be reminded to think about the larger plan, where they are going, and how to optimize your strategy for best results. I'm a business strategist professionally, and I think this is well written and useful. Some of the people who appreciate it the least ("just do it" types who want to be handed simple answers) would benefit the most from this very good summary of real estate strategic thinking. It's true, you do need to dive in and "just go do it" to make RE work. But thinking about the issues in this book will probably make any RE campaign significantly *better*. Good luck, to each of you.