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Real Estate Investing for Dummies

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Click here to buy Real Estate Investing for Dummies by  Eric Tyson and Robert S. Griswold.  

Real Estate Investing for Dummies

by Eric Tyson and Robert S. Griswold
4.5 out of 5 stars

  • Paperback: 380 pages
  • Publisher: For Dummies November 26, 2004
  • Language: English
  • ISBN: 0764525654
  • Product Dimensions: 9.2 x 7.4 x 0.8 inches
  • Shipping Weight: 1.23 pounds

    66 of 70 people found the following review helpful: A New Standard For Other Authors To Follow., March 16, 2005 Reviewer:Guy M. Blasi (Highlands Ranch, CO USA) -    Upon the completion of reading this book, I realize that the authors have set a new and comprehensive standard for real estate investors. Investment in Real Estate is an interesting and often frustrating process. Don't let the title fool you, this is a SERIOUS book for serious real investors whether novice or veteran. The authors obviously know their subject, which is highly diverse. You are guided around pitfalls, and problems. It's almost like you have a wise sage holding your hand because the authors have "been there and done that". I appreciated their candor and honesty throughout the book, but in particular their take on the "information guru's" who sell their get-rich-quick real estate tapes and CD's on the unsuspecting public. All you other real estate authors take note. You have a new standard to shoot for. Five stars, easy.

    Book Description
    "This is simply the best book on the topic.”
    —Randall Bell, Author, Home Owner's Manual

    "Tyson and Griswold have truly opened the world of real estate investing to all by tackling often complex issues in this easy to understand and use book. I can't think of a better way to get smart about building wealth through rental properties than to read their excellent Real Estate investing For Dummies!"
    —Vern Hoven, CPA

    Non-prime time TV is cluttered with infomercials about how you can buy non-prime real estate for next to nothing and get rich quick. Common sense should tell you that’s an exaggeration. (If common sense doesn’t tell you, bankers will.) Nevertheless, it is possible to get rich gradually by investing in real estate. Long term, you can expect to realize an annual return of 8 to 10% a year.

    Real Estate investing for Dummies gives you the keys to successful real estate investment, whether it’s in single family homes and condos, apartments, vacation homes, commercial properties (office, industrial, and retail), raw land, or REITs (Real Estate Investment Trusts). With guidance from authors Eric Tyson, MBA, a financial counselor, and Robert S. Griswold, a veteran real estate investor, you’ll discover how to:

    • Find and buy the best properties at a fair price
    • Capitalize on opportunities such as foreclosures, no money down deals, auctions, tax sales, and more
    • Secure financing and good mortgage terms
    • Value, evaluate, and negotiate everything to do with real estate
    • Work with agents and other professionals
    • Project income potential and cash flow
    • Handle contracts, inspections, and closings

    Whether you’re interested in a fixer supper for rental, premier office space you can lease, or a vacation home you can enjoy and rent, when you become a buyer, you also become a landlord. That means you can hear from tenants any time, night or day. It means you may not hear from them when the rent is due. Real Estate investing for Dummies also helps you:

    • Find and keep good tenants
    • Negotiate lease agreements
    • Insure and maintain your property
    • Keep good records for tax and accounting purposes

    Remember, with any deal, you have to know when to hold them and know when to fold them. So Real Estate investing for Dummies gives you guidelines on when and how to sell and how to reinvest to build wealth. It also lists 10 real estate investments you shouldn’t touch with a 10-foot pole. Especially if you’re tempted by those late-night infomercials, that warning could save you a fortune!

    Back Cover Copy
    Packed with tips on buying, financing, and improving properties

    With up-to-date information on all your mortgage options.
    From homes and apartment buildings to commercial and industrial properties, this friendly guide covers a wealth of real estate investments and financing options. With practical tools and expert advice, top real estate authors Eric Tyson and Robert Griswold help you maximize your investments - and watch your profits grow.

    Praise for Real Estate investing For Dummies.
    "This is simply the best book on the topic."
    --Randall Bell, Author, Home Owner's Manual

    "Tyson and Griswold have truly opened the world of real estate investing to all by tackling often complex issues in this easy to understand and use book. I can't think of a better way to get smart about building wealth through rental properties than to read their excellent Real Estate investing For Dummies!"
    --Vern Hoven, CPA.

    Discover how to:

    • Make real estate a part of you long-term investment plan
    • Pick the best properties for profit and your situation
    • Get the best deals on financing
    • Master the art of property valuation
    • Manage your risk and insure your properties

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