Product Description

You are about to learn the true secret of real estate investing real estate options. WHO really makes money in Real Estate? Realtors, sellers, appraisers, the bank, brokers, mortgage brokers, closing companies, attorneys, taxing authorities, and lastly perhaps you the investor who takes all the risk and does all the work, while having to evict tenants and clean up their mess after they ve left. But there is a new, unique and innovative method of investing in real estate. A Real Estate Option gives you control of a piece of real estate without actually purchasing it. By having an option on a piece of property, you have the exclusive right to buy that property or not. A real estate option is simply a contract between the seller and buyer giving you the legal right not obligation to buy the property at a set price for a predetermined time. When you find a buyer for the property, you cash in your option ... and deposit a large check. Most real estate investment methods require you to sink a lot of your money, time, and effort into your investments. And it is a slow process usually one property at a time, often part time. Using an option instead of purchasing means you do not have to deal with rental property, tenants, maintenance and repairs, taxes, mortgage payments, commissions, or closing costs. In this new book you will learn how to control a vast real estate portfolio without ever buying the property. Let the owner keep paying the mortgage, dealing with tenants and all of the costs. You zero in on the profits. Here s an example. You locate a duplex worth $400,000. You purchase an option to buy it for $340,000 anytime within the next 120 days. On Day 60, you find a buyer who will pay the full $400,000. You activate the option, pay the seller $340,000 and pocket $60,000. This is a simplified example, but this new book details how to become a highly successful real estate option buyer, and it demonstrates step-by-step how to get started in this highly rewarding investment strategy.

Product Details

• Amazon Sales Rank: #744343 in Books
• Published on: 2007-08-30
• Original language: English
• Number of items: 1
• Binding: Paperback
• 288 pages

Review
Chock full of applicable information, this real estate book covers everything for the beginner and the experienced real estate investor. The author s out of the box approach makes for an entertaining and educational read. The convenient layout, well-rounded experience, and thorough explanations keep this book on the cutting edge of real estate investing books. With extensive details and explanations, I foresee this becoming a classic on lease options! This text is a MUST have for all Real Estate Investors! --Eric Olson; Founder, Corcoran Capital Group, Inc.

About the Author
Steven D. Fisher is an independent writer, illustrator and instructional designer with over 25 years of experience in the fields of business writing and training and development. His specialties include the design and writing of books, certification tests, eBooks, manuals, seminars and workshops. In addition to practical "real world" experience, he holds an M.A. in Education of the Hearing Impaired and trained as a print and media Broadcast Specialist in the U.S. Army.

Customer Reviews

An Excellent Guide for Real Estate Investors
The Complete Guide to Real Estate Options is an excellent resource for real estate investors and for those who generally want to make money with options alike. It really is a complete guide because it covers everything there is to know about investing in real estate options. The ideas are simply presented and explained, yet the extent by which they are tackled is quite in-depth. Readers will truly learn the ins and outs of investing in real estate options.

Steven Fisher is an excellent mentor. He was able to successfully cover the specifics of real estate options. His book will guide the readers in achieving useful insight to learn, among other things, how to: a) gather knowledge of the real estate market; b) make general and specific market analysis; c) evaluate financing sources; d) physically inspect a property; d) evaluate the profitability of a lease option; e) close a deal and maximize the appeal of the property; and f) exercise the lease option.


Overall, this is an excellent guide to real estate options. Readers will surely love the added features of the book like the list of useful references for further reading and the glossary of real estate terminology found at the end. Also indispensable are the valuable tips, key ideas and worksheets found interspersed within each chapter.

Real Estate Lessons for Life
One could well imagine Mr. Stephen Fisher, author of The Complete Guide to Real Estate Options What Smart Investors Need to Know - Explained Simply sitting down to write this book and applying many of the principles he's about to articulate to the production of the book itself.
Aided by quotes from a variety of well-known personalities (Mark Twain, Warren Buffett, Tiger Woods, et al), Mr. Fisher sets out an exhaustive, step-by-step plan for anyone who is now, or ever has considered real estate investment as the best way to make a living. He does so very meticulously and with a great deal of attention to detail. Chapter headings and indeed, much of the text could be applied to starting any kind of business, or, as noted, to writing a book about starting any kind of business: Attitude is Everything (Chapter 2), Getting Started (Chapter 4), Some Basic Principles (Chapter 5).
It is clear from reading carefully that Mr. Fisher has done his homework in the field of real estate options and in particular, believes that the `lease option' is the best way for investors to go. With over 25 years of experience in the fields of business writing and training and development, it should come as no surprise that he has crafted an excellent instruction book on the ins and outs of buying and selling real estate. He has included interactive options for the practical entrepreneur, like check lists, and blank forms that the reader can use to track his/her own progress, whether it be in evaluating a property, the neighborhood that it's in or the buyers who want to own it.
He uses clever acronyms to crystallize reader thinking about specific subject matter. In an early section about "setting goals," he suggests that the reader/entrepreneur utilize the "SMART" method of creating those goals - Specific, Measurable, Action-Oriented, Realistic and Time-Bound. Near the conclusion of his book, he recommends that those seriously interested in pursuing real estate investment "SWOT" themselves; in other words conduct an objective analysis of individual Strengths, Weaknesses, Opportunities and Threats.
His style is very casual, very confident and well within the grasp of an average reader. Fisher isn't speaking to experienced professionals here, although even the most seasoned of those could likely find a great deal of food for thought here as they continue their pursuit of real estate deals. He's talking to the person who's considering this particular career path and if it's one that interests you, you could do no better than to start with him and this book.
Take notes. There isn't a quiz later, but if you head out on the route he's plotted for you, you're going to want to look back and remember some of the specifics

Covers it all!
This book is like having a successful real estate friend whispering in your ear: "You might want to think about this first..." or "Have you considered the fact that..." The Complete Guide to Real Estate Options provides the basics before delving into advanced concepts. To those simply looking to start out, the guide gives practical, starter information about investing in real estate, including definitions and action plans, as well as specific links to relevant websites and outside resources.

For those looking for more advanced information, the book covers topics like liens, inspections, negotiations, and issues related to being a landlord. Most importantly, the author thoroughly discusses the legality and financial issues related to the various types of real estate investments, as well as the advantages and disadvantages of each. Let's face it, nobody wants to "risk it all" in a new business venture, and the Complete Guide to Real Estate Options puts you on alert for potential problems and tells you how to avoid them. Break-out boxes and bullet points are used to take complex concepts and formulas and put them into an easy to understand format.

This isn't a light read, and you'll definitely want to tackle it in chunks to get the most out of it, and allow some time to absorb, or to "refer back". Although I'm not an expert in the field, after reading the book, it's hard to imagine there is anything that hasn't been covered.