Product Description
Wendy Patton, Justin Ryan – Making Hard Cash in a Soft Real Estate Market [eBook (PDF)]
Product Details:
# Paperback: 228 pages
# Publisher: Wiley (August 17, 2007)
# Language: English
# ISBN-10: 0470152893
# ISBN-13: 978-0470152898
Description:
“Filled with creative strategies that work in today’s market. A must-read for the real estate investor!”
-Albert Lowry, PhD, New York Times bestselling author of
How You Can Become Financially Independent by Investing in Real Estate
A few years ago, even reckless real estate investors could still make money because the market was booming. But many markets have softened, and making a profit isn’t as simple as it used to be. However-with the right strategy and long-term thinking-there is still plenty of money to be made in real estate.
If you’re willing to look outside your local market, you’ll discover emerging markets that are booming. And there are also smart investing strategies that work especially well in slowing markets. You can do it! You just need the new rules and wise tactics you’ll find in this practical, profitable guide:
*
Invest in up-and-coming, high-growth emerging markets
*
Learn the powerful strategy of market-timing
*
Use lease options to get more for your money
*
Learn creative strategies to engineer hands-off investments
*
Find foreclosures and other hidden bargains
*
Invest in bargain-rate new construction projects
There are great deals hiding in every real estate market, and this book makes finding those values easy. Whether you want to locate the next up-and-coming growth markets, or find creative ways to finance your investments, Making Hard Cash in a Soft Real Estate Market is a savvy guide to investing for anyone who wants to play it safe and profitably.
From the Back Cover:
“Filled with creative strategies that work in today’s market. A must-read for the real estate investor!”
—Albert Lowry, PhD, New York Times bestselling author of
How You Can Become Financially Independent by Investing in Real Estate
A few years ago, even reckless real estate investors could still make money because the market was booming. But many markets have softened, and making a profit isn’t as simple as it used to be. However—with the right strategy and long-term thinking—there is still plenty of money to be made in real estate.
If you’re willing to look outside your local market, you’ll discover emerging markets that are booming. And there are also smart investing strategies that work especially well in slowing markets. You can do it! You just need the new rules and wise tactics you’ll find in this practical, profitable guide:
*
Invest in up-and-coming, high-growth emerging markets
*
Learn the powerful strategy of market-timing
*
Use lease options to get more for your money
*
Learn creative strategies to engineer hands-off investments
*
Find foreclosures and other hidden bargains
*
Invest in bargain-rate new construction projects
There are great deals hiding in every real estate market, and this book makes finding those values easy. Whether you want to locate the next up-and-coming growth markets, or find creative ways to finance your investments, Making Hard Cash in a Soft Real Estate Market is a savvy guide to investing for anyone who wants to play it safe and profitably.
Content:
INTRODUCTION 1
PART I
How You Can Still Make Good Money in
a Soft Real Estate Market
CHAPTER 1 How Real Estate Investing Must Change When
the Market Shifts from Hot to Cool—Why There’s
Still Good Money to Be Made in a Cool Market 7
CHAPTER 2 The Secret is Out—How the Wealthy
Make Their Money 11
PA R T I I
The Psychology of Successfully Investing in
a Down Market When Others Are Running Scared
CHAPTER 3 The One Thing that Stops Investors
Before They Even Start 17
CHAPTER 4 The Science of Risk Management for
the Real Estate Investor 25
PA R T I I I
The Best Investment Strategies for a Soft Market
CHAPTER 5 Find the Next High Growth “Emerging Markets” 37
CHAPTER 6 Time the Market—When Will It Be Safe to
Start Investing Again in Nevada, Florida, Arizona,
and Other “Burst Bubbles”? 63
CHAPTER 7 The Power of Lease Options in a Soft Market 71
CHAPTER 8 A New Opportunity in the Soft Market—Land
Contracts & Seller Financing 81
CHAPTER 9 Getting the Deed from Sellers in Trouble—AKA
“Subject To” 93
CHAPTER 10 Invest in Foreclosures and Other Hidden Bargains 103
CHAPTER 11 Buy Unsold, Discounted Inventory from Builders
in Distressed Markets 113
CHAPTER 12 The Way to “Buy and Hold” in a Down Market 121
CHAPTER 13 Our Favorite Investment Strategy—Investing
in New Construction, in the Emerging Market,
in a Hands-Off Fashion 127
PART IV
Creative Financing in a Soft Market When Bank Lending Is Tight
CHAPTER 14 Determining How Much Investing
You Can Afford 137
CHAPTER 15 Successfully Financing Your Real Estate Investments 151
CHAPTER 16 The Importance of Using Other Peoples’ Resources 161
CHAPTER 17 The Nuts and Bolts of Numerical Analysis 169
PART V
New Construction Investing: An Ideal Soft-Market Strategy
CHAPTER 18 The Development Process—How It
All Comes Together 183
CHAPTER 19 The Power of Group Buying 195
CHAPTER 20 Exit Strategies—When and How to Sell 203
CHAPTER 21 Base Your Investing on a Foundation of Reality 215
APPENDIX A 223
INDEX 225