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Passive Income Through Fixer-Upper Properties

Author : Jonathan Bailey

Publisher :

Page : 0 pages

File Size : 24,48 MB

Release : 2024-06-23

Category : Business & Economics

ISBN : 9781304259998

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Book Description

Unlock the secrets to financial freedom with "Passive Income Through Fixer-Upper Properties" - a comprehensive guide to generating passive income through fixer-upper properties. This book is a treasure trove of practical advice, real-world examples, and step-by-step strategies for transforming dilapidated houses into lucrative rental or resale assets. Here's a little of what you'll discover inside this book: - Identifying Profitable Fixer-Upper Properties - Evaluating the Potential ROI of a Fixer-Upper - Budgeting for Fixer-Upper Renovations - Finding the Right Location for Investment Properties - Assessing Structural Integrity and Repair Costs - Understanding Local Real Estate Markets - Negotiating Purchase Prices on Fixer-Uppers - Financing Options for Fixer-Upper Investments - The Importance of a Thorough Home Inspection - DIY vs. Hiring Contractors for Renovations - Creating a Renovation Timeline - Sourcing Affordable and High-Quality Materials - Managing Renovation Projects Efficiently - Increasing Property Value Through Smart Upgrades - Essential Tools and Equipment for Home Renovations - Navigating Building Permits and Local Regulations - Eco-Friendly and Sustainable Renovation Practices - Transforming Outdated Kitchens - Modernizing Bathrooms for Maximum Impact - Enhancing Curb Appeal on a Budget - Landscaping Tips to Increase Property Value - Interior Design Trends for Fixer-Uppers - Maximizing Space with Smart Layout Changes - Adding Bedrooms and Bathrooms for Higher Value - Upgrading Electrical and Plumbing Systems - Addressing Common Fixer-Upper Issues (e.g., mold, pests) - The Role of Home Staging in Selling Renovated Homes - Marketing Strategies for Selling Fixer-Uppers - Working with Real Estate Agents to Sell Properties - Pricing Your Renovated Home for Quick Sale - Understanding Capital Gains Taxes on Property Sales - Networking with Other Real Estate Investors - Building a Reliable Team of Contractors and Suppliers - Avoiding Common Mistakes in Fixer-Upper Investments - House Flipping vs. Long-Term Rental Investments - The Pros and Cons of Holding vs. Selling Renovated Properties - Leveraging Social Media to Promote Your Properties - The Impact of Market Trends on Fixer-Upper Investments - Creating a Brand as a Real Estate Investor - Legal Considerations in Real Estate Investing - Scaling Your Fixer-Upper Business - Exploring Niche Markets (e.g., historical homes, tiny houses) - And More!



Mastering Rental Properties

Author : Adidas Wilson

Publisher : Adidas Wilson

Page : 90 pages

File Size : 44,17 MB

Release :

Category : Business & Economics

ISBN :

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Book Description

If you have ventured into real estate investing, that is one of the best decisions you have ever made so far. Many people, some of them your friends and family, may never make such a decision and take charge of their financial fate. However, since you have chosen this path, you now hold great power; and you have heard, “with great power comes great responsibility”. You may not feel successful now and there is no problem with that. The habits discussed below will make you a successful investor if you apply them. One of your greatest responsibilities as an investor in real estate is to be an effective manager of your portfolio. It does not matter whether you manage your own property, or you have hired a property manager, you are a manger. Owning rental property is never a walk in the park. There are many issues that you may have to encounter such as bad property managers, bad employees, economic depressions, natural disasters, among many others. Learn to properly manage your property and your finances. Increasing your rental property income is another task. This does not just refer to increasing the rent. To accomplish this, you should always rent out your property at the market rate. You will lose out on a lot if you decide to offer below market rent. Renting too high may also be a problem. Vacancy is one of the main cash flow killers and you will experience it a lot if your rent is too expensive. This does not mean that you become a penny pincher. Your tenants also have a right to enjoy the property. However, you can cut costs in many ways. For instance: · Transfer some utility payment responsibilities to the tenant (electricity, garbage, water) · If your property tax bill is too high, challenge it · Try getting better insurance rates · Apply water-saving techniques · Use energy efficient appliances · Look for vendors who will offer lower rates for longer contracts · Switch to fewer (but larger) garbage pick ups · Also, don’t forget to compare insurance companies for your rentals. These simple strategies will help reduce your expenses.



Real Estate Note Investing

Author : Dave Van Horn

Publisher : Biggerpockets Publishing, LLC

Page : 201 pages

File Size : 33,2 MB

Release : 2018

Category : Business & Economics

ISBN : 9780997584776

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Book Description

Learn to harness the power of paper with this introduction the note investing business! Read the author's story of his investing journey; first as a Realtor, then a rehabber, then an investor, commercial real estate fundraiser, and finally as a note fund founder and manager. Dave Van Horn has done it all and details his wins and mistakes along the way. Learn first-hand how the concept of note investing in some way, shape, or form has helped to build the author's portfolio and investing habits, while also taking him to the next stage of the game. Walk away from the book with the realization that everyone is in the note business (whether it's through a mortgage, a credit card, car loan, etc.) and that it pays big time to get from the side of the borrower to the side of the note owner. By doing so, one can improve their real estate business, diversify or add to their investment portfolio, and even gain true financial freedom.



The House Hacking Strategy

Author : Craig Curelop

Publisher : Biggerpockets Publishing, LLC

Page : 200 pages

File Size : 42,57 MB

Release : 2019-10-17

Category : Business & Economics

ISBN : 9781947200159

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Book Description

Don't pay for your home--hack it and live for free! Savvy investors have been using a little-known, but clever strategy in real estate for decades--and now, you will learn exactly how to perfect this trade secret! When mastered, house hacking can save you thousands of dollars in monthly expenses, build tens of thousands of dollars in equity each year, and provide the financial means to retire early. In fact, the average house hacker can turn a single-family home or small multifamily property into a cash-flowing investment. You can collect rent that completely covers your living expenses--and then some! In this book, serial house hacker Craig Curelop lays out the in-depth details so you can make your first (or next) house hack a huge success. Inside, you will learn: What house hacking is, and why it's one of the best methods for building wealth The different types of house-hacking strategies you can use--no one size fits all here! The incredible connection between house hacking, wealth building, and early retirement How to get started house hacking--even with low income or low savings Strategies to house hack with a family, spouse, or independently How to find the ideal house hack property--even in a competitive or expensive market Stories from real estate investors all over the country on their house-hacking triumphs, mishaps, and their purpose behind house hacking. Property-management strategies to make ownership a breeze House hacking doesn't have to be a mystery. Discover why so many successful investors support their investment careers with house hacking--and learn from a frugality expert who has "hacked" his way toward financial freedom!



Millionaire by 20 From Real Estate Investment

Author :

Publisher : PDT

Page : 48 pages

File Size : 16,20 MB

Release : 2024-02-08

Category : Business & Economics

ISBN :

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Book Description

"Millionaire by 20 from Real Estate Investment" is a groundbreaking non-fiction book that aims to help readers achieve financial success through real estate investment. The book provides practical advice and strategies based on extensive research, analysis, and insights from experts in the field. The main topics covered in the book include understanding market trends, identifying lucrative investment opportunities, and building a successful real estate portfolio. The authors provide step-by-step guidance on various investment strategies such as flipping properties, rental income, and long-term appreciation. They also explore financing options, tax benefits, and risk management techniques to ensure profitable and sustainable investments. One notable aspect of the book is its accessibility. The authors break down complex concepts into easy-to-understand language, making it suitable for readers of all backgrounds. The tone of the book is motivational yet practical, aiming to inspire readers with real-life examples and stories while emphasizing the dedication, discipline, and work ethic required for financial success at a young age. The authors have conducted extensive research to gather relevant information about real estate investment trends and statistics. They have also studied successful books in this field to craft a unique resource that stands out from existing publications. By incorporating keyword research into their writing process, they ensure maximum visibility and reach for their book. Overall, "Millionaire by 20 from Real Estate Investment" offers valuable insights into real estate investment for both novice investors and those with some experience in the field. It provides a comprehensive guide to navigating the world of real estate investment and unlocking the potential for wealth creation. If you are ready to take control of your financial future and embark on a journey towards financial freedom, this book is designed to meet your needs. Start building your path to becoming a millionaire today!



The Power of Passive Income

Author : Nightingale-Conant

Publisher : Entrepreneur Press

Page : 227 pages

File Size : 15,70 MB

Release : 2019-02-19

Category : Business & Economics

ISBN : 1613083963

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Book Description

CREATE A LONG-TERM, NO-FUSS, WEALTH-BUILDING PLAN THAT WILL GET YOU OUT OF AN OFFICE CUBICLE FOR GOOD Entrepreneur Media has teamed up with Nightingale-Conant, the world leader in self-development, to show you how to escape the 9-to-5 rat race, harness the power of passive income, and earn a steady stream of cash while living your best life. Whether you want to escape your corporate life and start a side hustle, spend more time with your family while your real es-tate investment rakes in the cash, or build a financial nest egg for the future with a passive investment stream, The Power of Passive Income will get you started on your journey. You will learn how to: Assess your personal skills, resources, and lifestyle Identify passive income and time-for-money models Get out of your debt hole and into your nest egg Manage your income and expectations for success Generate a six-figure income with the right strategy for your goals Redefine wealth based on what matters to you Free yourself from the need to work for someone else—and make yourself rich instead. Maximize your income, minimize your stress level, and get the absolute most from every moment with The Power of Passive Income.



Passive Income Freedom

Author : Nathan Bell

Publisher : Youcanprint

Page : 426 pages

File Size : 28,8 MB

Release : 2021-11-10

Category : Business & Economics

ISBN :

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Book Description

If you want to be a millionaire, then keep reading. If you've been struggling to amass wealth, then keep reading. Do you want to learn the secrets of becoming a millionaire? Do you feel stuck in a rut and ready to learn new habits? While we've all dreamt big such as driving big cars, and splashing money on luxuries we have always wanted, chances are you've considered this as a daydream despite moving on to purchase a scratch card every time you step out to buy milk. However, becoming a millionaire isn't difficult and unattainable as you may think. Many people prove every year that you don't need to be working in a bank or win a lottery to build up your wealth to seven figures. And for many rich-listeners, becoming a millionaire is more a matter of lifestyle and not having to be scared about your finances, than how much you have kept in the bank. To live like a millionaire, you don't need to have a million pounds saved in the bank. In fact, 99% of millionaires don't. To become a millionaire, you will, for sure, require to be on top of your finances and investments. Becoming a millionaire can mean all sorts of things, but in this book, we're typically mapping out a realistic path to growing your wealth past £1,000,000. This book quickly walks through the whole of your life, reviewing the steps you can take to become a millionaire. To go straight to the point, successful people have successful habits, and unsuccessful people do not. In this book, you will discover the million-dollar habits of men and women who started from rags to riches in one generation. You will discover how to think more effectively, make better decisions, and take more effective actions than other individuals. You will discover how to plan your financial life in such a way that you accomplish your financial goals quicker than you imagine. One of the most critical goals you must accomplish to become happy and successful is the development of your character. You want to become a great person in every area of your life. You want to become that person that others look up to and admire. In each case, the crucial factors in the accomplishment of each of these goals that we all share in the development of specific habits that result in what you want to accomplish. Remember, if you keep doing what you've always done, you will never break away from your job slavery. You will continue to live your life on autopilot. Millionaire habits teach you every strategy to develop millionaire habits for breaking free from your job and start earning today. Discover which habits you need to apply and how to get started? How will the success process change your entire life? Inside this book, you will learn: How to change your habits, and avoid procrastination? The millionaire strategies The secrets to success Discover your emotional why Now is the time to begin getting serious. Stop blaming others for your failure and take deliberate steps.



Deals on Wheels

Author : Lonnie Scruggs

Publisher :

Page : 280 pages

File Size : 27,31 MB

Release : 2013-01-16

Category : Deals

ISBN : 9781481999588

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Book Description

NEW Revised in 2013! Investors, if you're tired of being a landlord but still want a good monthly cash flow, or if you're a real estate note investor who can't find any good-yielding paper, or if you just want to make MORE MONEY, you need to read this book about mobile home investing. Lonnie Scruggs' Deals on Wheels will teach you how you can replace the income from your job and create true financial independence with your own mobile home investing business. Deals On Wheels explains in detail how you can earn yields of 50% to 175% on what the author calls "Wobbly Boxes." Learn to buy, sell, and finance used mobile homes for big profits and generous cash flow. NEW section on solutions for the SAFE ACT and how you can create your own economy. This book covers everything you need to get started earning awesome yields with minimum hassle, including: * The best kind of mobile homes to buy * Eight ways to find low-priced mobile homes * How to negotiate an even lower purchase price * How to determine necessary repairs * How to make your phone ring off the hook with buyers * How to get started with $1,500 OR LESS * Dealing with park managers * And much much more "After reading Lonnie's book, I bought a mobile home for $1800 then sold it a few days later for $9800 and enjoy a $320 per month cash flow." Jackie Lange "Lonnie Scruggs is the REAL DEAL. His simple down to earth teaching style has helped tens of thousands of people become successful in their mobile home business" Jack Miller "Worth every penny." Mike Wittenbrink "Very informative. A lot of great information provided. Inspired to get started!" Sheri Holland "Lots of really good meaty information and incentive to go out and do!" Jacqueline May



5 Magic Paths to Making a Fortune in Real Estate

Author : James E. A. Lumley

Publisher : John Wiley & Sons

Page : 338 pages

File Size : 47,42 MB

Release : 2004-05-12

Category : Business & Economics

ISBN : 0471666971

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Book Description

A new and revised edition of the commonsense guide to real estate riches More and more people are discovering that real estate investing is a safe and affordable way to increase their cash flow and build lasting wealth. If you want to achieve financial freedom, then look no further. 5 Magic Paths to Making a Fortune in Real Estate reveals the proven real estate investment strategies that many of today's millionaires used to make their fortunes. In fact, you don't even need a lot of money to start investing and start putting cash in your pocket today! Real estate expert James Lumley offers simple, straightforward explanations of the most common and lucrative approaches to property investment--including fixer-uppers, lease/options, wholesales, buy-and-hold, and single-and multifamily rentals. You'll understand all the basics of real estate and learn to use these five strategies to make a killing in any economy. Packed with new information--including sections on the IRS's simplified tax exchange rules and the capital gains exclusion--5 Magic Paths to Making a Fortune in Real Estate will show you how to: * Find foreclosed, repossessed, or condemned properties * Research the markets and perform valuations * Determine what you can safely afford * Negotiate with sellers and buyers * Find the best financing terms, including seller financing * Price and perform money-making repairs * Work with agents and contractors * And much more!



The ABCs of Getting Out of Debt

Author : Garrett Sutton

Publisher : RDA Press, LLC

Page : 131 pages

File Size : 10,10 MB

Release : 2013-02-28

Category : Business & Economics

ISBN : 1937832414

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Book Description

In difficult times, debt can be a matter of life and death, happiness and despair. Controlling your debt can bring order and calm. Mastering debt can bring wealth and success. As bestselling Rich Dad/Poor Dad author Robert Kiyosaki says, “Good debt makes you rich and bad debt makes you poor.” The ABCs of Getting Out of Debt provides the necessary knowledge to navigate through a very challenging credit environment. A Rich Dad’s Advisor and best selling author of numerous business books, Garrett Sutton, Esq. clearly writes on the key strategies readers must follow to get out of debt. Unlike other superficial offerings, Sutton explores the psychology and health effects of debt. From there, the reader learns how to beat the lenders at their own game, and how to understand and repair your own credit. Using real life illustrative stories, Sutton shares how to deal with debt collectors, avoid credit scams, and win with good credit. “The reason Garrett Sutton’s book is so important is that like it or not, debt is a powerful force in our world today. The financially intelligent are using debt to enrich themselves while the financially uneducated are using debt to destroy their lives.”- Robert Kiyosaki The times call for a book that offers hope and education on mastering credit and getting out of debt.