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An easy read. Makes you feel like you can buy houses with ease and a couple of bucks. We all know this is lie....but it was motivating to me nonetheless.
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The Insider's Guide to 52 Homes in 52 Weeks: Acquire Your Real Estate Fortune Today
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A real estate guide unlike any other, The Insider's Guide to 52 Homes in 52 Weeks is the true story of a seemingly impossible investing challenge and the two investors who pulled it off--all to prove that you can do it too. Successful real estate investors Dolf de Roos and Gene Burns wanted to show skeptical investors that there are always great deals to be found. So they set out to buy fifty-two homes in just one year. Not only did they succeed, they did it in less than ten months and earned a lot of money in the process! Tracing this ten-month real estate adventure in depth and detail, The Insider's Guide to 52 Homes in 52 Weeks explains the authors' strategies and techniques for acquiring almost any property in any market. Inside, you'll find step-by-step guidance on: Combining unbeatable investing guidance with firsthand accounts of real deals, The Insider's Guide to 52 Homes in 52 Weeks arms investors with a diverse mix of strategies and tactics that will turn every real estate deal into a moneymaker.
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Genres
208 pages, Paperback
First published January 1,2006
This edition
- Format
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208 pages, Paperback
- Published
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February 3, 2006 by Wiley
- ISBN
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9780471757054
- ASIN
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0471757055
- Language
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English
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Rating(4.1 / 5.0, 7 votes)
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7 reviews All reviews
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I'll start off by saying that this book is not for everyone. It's probably best suited for someone who's already familiar with real estate terms, has done a good amount of reading on the subject and maybe even owns a house or two.
The strongest points of the book are its ability to motivate you into action and it's brief introduction to a few investment methods and options available. Don't expect to find any in depth information, but if you don't mind doing your own research then this book is great.
The strongest points of the book are its ability to motivate you into action and it's brief introduction to a few investment methods and options available. Don't expect to find any in depth information, but if you don't mind doing your own research then this book is great.
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An amazing quest, Buying 52 homes in 52 weeks may look impossible to achieve for average people, but they reached their goal in 9.5 months.
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This was a light and enjoyable read. Although it wasn’t packed with investing tips, there were some tidbits to be gleaned, such as:
•tHow to determine where real estate hot pockets are (absolute and proportional population growth, capitol growth of real estate values, weather, landlocked, tax rates, availability of work, high-tech infrastructure, access to markets, susceptibility to disaster
•tWays to find deals and renters: flyers, networking, terms like “owner will carry (OWC) or owner-carry, take over payment, desperate seller, lease-option, make offer, facing foreclosure. Find renter first, then find house.. Make offers and have the money in escrow with agent at all times. STOP foreclosure adds, put a sign in the yard, knock on doors around the property, print flyer and distribute in a radius, put on notice boards of nearby campus/office/bases, etc. Say you “specialize” in renting to _____(policemen, airmen, …)
•tSome tips on lease options: Offer $1000 finders fee rather than a commission, get seller to finance and renters to pay mortgage—no money out of pocket.
•tIf possible, do a quit claim—no risk to you. You own title, they own debt.
•tHow to determine where real estate hot pockets are (absolute and proportional population growth, capitol growth of real estate values, weather, landlocked, tax rates, availability of work, high-tech infrastructure, access to markets, susceptibility to disaster
•tWays to find deals and renters: flyers, networking, terms like “owner will carry (OWC) or owner-carry, take over payment, desperate seller, lease-option, make offer, facing foreclosure. Find renter first, then find house.. Make offers and have the money in escrow with agent at all times. STOP foreclosure adds, put a sign in the yard, knock on doors around the property, print flyer and distribute in a radius, put on notice boards of nearby campus/office/bases, etc. Say you “specialize” in renting to _____(policemen, airmen, …)
•tSome tips on lease options: Offer $1000 finders fee rather than a commission, get seller to finance and renters to pay mortgage—no money out of pocket.
•tIf possible, do a quit claim—no risk to you. You own title, they own debt.
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Good definitely motivating shows it can be done even though it was done pre 2008
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"DR. DOLF DE ROOS"!!!-"GOOGLE HIM ONE OF THA BEST AT HIS CRAFT-PERIOD"!!!"CAN NOT WAIT TOO WORK WITH "DR. DOLF DE ROOS-STAY TUNE TOO THIS DEVELOPING BOND OF "CRAFT-MEN'S" IN PURSUIT TOO CHANGE THING'S-AROUND THA COUNTRY/WORLD/ECONOMY/BALDWIN HILL'S-LOS ANGELES(DDP4LIFE)-CALIFORNIA/BREATHE OF FRESH-AIR"!!!"CHE' RASHAN BRITTON"-(POST ON JUNE 7, 2013-6/7/2013)-"WWW.SAFEFOOTBALL.ORG"-"WWW.... YOU-STAY TUNE"-"C'-RB-6-7-2013-"WWW.DOLFDEROOS.COM"...YOU HAVE TOO(2) KNOW "DOLF DE ROOS-THE REAL HUMAN BEING/PERSON/REAL/I HOPE HE CAN WRITE MY NEXT "BOOK"-("FINANCIAL BOTTOM-FINANCIAL GAINING")-("CHE'- RB QUOTE")-(?TITLE?)!!!"CHE'-RB"-6-7-2013"...
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Motivating, cool stories. Perhaps too low information content to be useful.
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