Making Money in Real Estate back issues from January 2000:
Chapter 1: why invest in real estate?
Jan 01, 2000 ... "More money has been made in real estate than in all industrial investments combined."--ANDREW CARNEGIE (1815-1919), AMERICAN INDUSTRIALIST MR. CARNEGIE, FOUNDER OF U.S. STEEL AND ONE of the great industrialists of American history, said those words at the turn of the 19th ...
Chapter 2: how this book can help you invest profitably.(real estate investment industry )
Jan 01, 2000 ... "Knowledge is power."--FRANCIS BACON (1561-1626), BRITISH ESSAYIST REAL ESTATE IS DEFINED IN MOST DICTIONARIES AND textbooks as the land and everything attached to it. We literally live on it and in it. In fact, real estate is the only investment vehicle that everyone touches ...
Chapter 3: are you the real estate type?(real estate investment personalities )
Jan 01, 2000 ... "The self-explorer, whether he wants to or not, becomes the explorer of everything else."--ELIAS CANETTI (1905-1994), WRITER AND NOBEL-PRIZE WINNER WITH BUT A FEW EXCEPTIONS, THE ROAD TO wealth in investment real estate is a handson enterprise. It's management intensive, as the ...
Chapter 4: how much time, work and money?(real estate investment)
Jan 01, 2000 ... "In order that people may be happy in their work, these three things are needed: They must be fit for it; they must not do too much of it; and they must have a sense of success in it."--W. H. AUDEN (1907-1973), ANGLO-AMERICAN POET HAVE YOU GLANCED AT PART II YET? ARE YOU ...
Chapter 5: who are the players?(real estate investment industry )
Jan 01, 2000 ... "Everyone realizes that one can believe little of what people say about each other. But it is not so widely realized that even less can one trust what people say about themselves."--REBECCA WEST (1892-1983), BRITISH, AUTHOR THE VERY ACT OF BUYING AND SELLING ANYTHING requires ...
Chapter 6: what makes a good deal?(real estate appraisal techniques )
Jan 01, 2000 ... "Sometimes your best investments are the ones you don't make."--DONALD TRUMP, THE ART OF THE DEAL IMAGINE THIS, IF YOU WILL: YOU'RE HOT ON THE TRAIL OF your first investment property and your pulse is pounding hard and fast. Time to call in your brain. So you check and compare ...
Chapter 7: how to improve your negotiating.
Jan 01, 2000 ... "Negotiation is a basic means of getting what you want from others." --ROGER FISHER AND WILLIAM URY, GETTING TO YES ONCE YOU'VE SPOTTED A POSSIBLE GOOD DEAL, YOU'LL want to transform it from possibility to reality by persuading the owner to sell--sell, that is, at a price and ...
Chapter 8: how to get it in writing.
Jan 01, 2000 ... "A verbal contract isn't worth the paper it's written on."--SAMUEL GOLDWYN (1882-1974), AMERICAN FILMMAKER IF YOU'VE HAD THE EXPERIENCE OF BUYING A HOME, YOU are surely familiar with the "standard" contract forms that real estate agents pull out as soon as you say you want to ...
Chapter 9: where can you get the money?(real estate investment techniques)
Jan 01, 2000 ... "Americans want action for their money. They are fascinated by its self-reproducing qualities if it's put to work."--PAULA NELSON, U.S. BUSINESS EXECUTIVE, THE JOY OF MONEY WHAT'S THE BIGGEST FACTOR THAT KEEPS PEOPLE from entering the investment real estate marketplace? You ...
Chapter 10: what about taxes?(real estate investments )
Jan 01, 2000 ... "Death and taxes and childbirth! There's never any convenient time for any of them."--MARGARET MITCHELL (1900-1949), GONE WITH THE WIND IMAGINE A BUILDER'S TRACT OF UPSCALE HOMES. PERHAPS 20 houses are built and occupied, another ten are in various stages of construction, and ...
Chapter 11: single-family fixer-uppers.(real estate investments)
Jan 01, 2000 ... "Own your own cave and be secure."--FRED FLINTSTONE SINGLE-FAMILY HOUSES ARE AMONG THE MOST POPULAR and the least popular investment vehicles available today. "How can that be?" you ask. "It's either one or the other." Not at all. Their appeal depends very much on the ...
Chapter 12: multi-family houses.(real estate investment )
Jan 01, 2000 ... "It is always wise to look ahead, but difficult to look farther than you can see."--SIR WINSTON CHURCHILL (1874-1965), BRITISH STATESMAN WHAT EXACTLY IS A MULTI-FAMILY HOUSE? ONE dictionary defines it as a building occupied by more than one family. But that definition does not ...
Chapter 13: condos and co-ops.(real estate investments )
Jan 01, 2000 ... "Property has its duties as well as its rights."--THOMAS DRUMMOND (1797-1840), SCOTTISH ENGINEER AND STATESMAN THE LEGAL CONCEPT BEHIND CONDOMINIUM OWNERship goes back to apartment buildings in the Roman Empire. But the idea didn't catch on in modern America until after 1961, ...
Chapter 14: vacation-area properties.(real estate investments)
Jan 01, 2000 ... "I must confess that I am interested in leisure in the same way that a poor man is interested in money."--PRINCE PHILIP, DUKE OF EDINBURGH A GENERATION AGO THE WORDS "VACATION HOME" brought to mind images of a cabin by a lake or a cottage by the sea. For many people, those ...
Chapter 15: mixed-use buildings.(real estate investments )
Jan 01, 2000 ... "You can't steal second base if you don't take your foot off first."--MIKE TODD (1900-1958), AMERICAN FILM PRODUCER YOU, THE INDEPENDENT INVESTOR, CAN STILL OWN commercial real estate. It's within your reach, even in this age when the value of commercial property tops $3 ...
Chapter 16: the challenges of land.(real estate investment management )
Jan 01, 2000 ... "Think of what you can do with what there is."--ERNEST HEMINGWAY (1899-1961), AMERICAN AUTHOR BY THE TIME YOU'VE READ THIS FAR, YOU ARE CERTAINLY aware that real estate investing is not exactly a science. Indeed, there are laws and procedures, theories and probabilities, but ...
Chapter 17: paper real estate.(real estate investment management)
Jan 01, 2000 ... "There is a danger of being persuaded before one understands."--WOODROW WILSON (1856-1924), AMERICAN PRESIDENT DOES THIS CHAPTER BELONG IN THIS BOOK? PAPER may be the product of trees, but it's certainly not a piece of the earth. And buildings are not made of paper--not yet ...
Chapter 18: winning with real estate.
Jan 01, 2000 ... PEOPLE OUTSIDE THE REAL ESTATE MARKETPLACE OFTEN look with a shade of envy at the investor who holds half a dozen income-producing properties and calculates his or her net worth in the millions. "Boy! She's lucky!" they say. Or "Man! Everything he touches turns to gold." And it's ...