Real Estate & Investing

In precise and entertaining chapters – each culminating with very specific ‘action steps’ for readers to follow – author Ken McElroy offers real estate investing stories from the trenches and wisdom. Chapters include:

It Takes a Team – Understanding it takes a team to be successful in real estate, determine whether you want a partner and evaluate partner candidates based on the qualities required for a good partnership Research Can Be Fun?

- Become familiar with online resources such as newspapers, trade publications, government and trade organisation websites Swamp Land For Sale

- Stay away from gut feelings. Select one market, preferably one close to home, that you may be interested in. You Own It…Now What?

- set up your systems for maintenance, accounting and rent collection. Get involved in local supporting professional affiliations. Enforce the policies and procedures in the lease without exception and respond quickly to your residents with a smile!

About the Author
Ken McElroy, CEO of MC Management, has over 20 years of real estate experience with 4300 units under construction and management.

If you’re interested in real estate investing, you may have noticed notice the lack of coverage it gets in mainstream financial media, while stocks, bonds, and mutual funds are consistently touted as the safest and most profitable ways to invest.

According to real estate guru Ken McElroy, that’s because financial publications, tv and radio programs make the bulk of their money from advertising paid for by the very companies who provide such mainstream financial services. On the other hand, real estate investment is something you can do on your own–without a large amount of money up front! Picking up where left off in the bestselling The ABC’s of Real Estate Investing, McElroy reveals the next essential lessons and information that no serious investor can afford to miss. Building on the foundation of real estate investment 101, McElroy tells readers:

• How to think–and operate–like a real estate mogul
• “The Top Ten Real Estate Markets to Watch”
• How to identify and close expert deals
• Why multifamily housing is the best real estate investment out there
• How to surround yourself with a team that will help maximize your money
• How to avoid paying thousands in taxes by structuring property sales wisely
• Important projections about the future of real estate investment
• And more.

Want to be a successful real estate investor? Eric Tyson and Robert Griswold present their proven strategies, along with updated tips for easily riding out downturns in the real estate market. From homes and apartment buildings to duplexes, commercial properties, and real estate investment trusts (REITs), you’ll master every aspect of investing in and financing properties, and see how to increase their value.

• Build a foundation for investing success — get your finances in order, weigh your investment options, understand the risks, and work with real estate pros
• You have to pay to play — raise capital, finance your purchases, and secure the best mortgage terms
• Find and evaluate properties — choose the best locations, understand leases, project a property’s cash flow, and decide how much to pay
• Master the negotiation process — assemble attractive offers, complete the purchase agreement, conduct formal due diligence, and close the sale
• Manage your property — be a top-notch landlord (or hire help), get the insurance you need, know the tax angles, and decide when and how to sell

“Both beginner and experienced real estate investors will profit from studying all the aspects to consider when maximizing property profits.”
—Bob Bruss, Inman News, on Real Estate Investing For Dummies

“This is simply the best book on the topic.”
—Randall Bell, author, Home Owner’s Manual

Open the book and find:

• Tips for buying and improving properties
• Proven methods for boosting a property’s return and value
• The opportunities of the market downturn
• Expanded coverage on foreclosures, short sales, and REOs
• The latest on buying fixer-uppers and flipping
• New details on buying hotel condos and timeshares
• Changes in the tax laws
• Finding properties online