Vous voulez voir cette page en français ? Cliquez ici.


or
Sign in to turn on 1-Click ordering.
More Buying Choices
Have one to sell? Sell yours here
Buy Low, Rent Smart, Sell High: Real Estate Investing for the Long Run
 
 
Share your own customer images
Search inside this book

Buy Low, Rent Smart, Sell High: Real Estate Investing for the Long Run [Paperback]

Scott Frank (Author), Andy Heller (Author)
4.4 out of 5 stars  See all reviews (22 customer reviews)
List Price: CDN$ 28.99
Price: CDN$ 20.60 & eligible for FREE Super Saver Shipping on orders over CDN$ 25. Details
You Save: CDN$ 8.39 (29%)
o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o
Usually ships within 1 to 4 weeks.
Ships from and sold by Amazon.ca. Gift-wrap available.

Product Details

Product Description

Product Description

Facing a volatile stock market, many people have turned to real estate as a way to invest their hard-earned money. While many investors opt to buy property and then sell it quickly, other investors choose to hold onto their property for a longer period of time to realize a greater return on their investment. Real estate experts Scott Frank and Andy Heller have developed a proven and diversified program for real estate investing that incorporates both approaches and enables investors to take control of their financial futures and build wealth over time.

Their new book, Buy Low, Rent Smart, Sell High: Real Estate Investing for the Long Run outlines a win-win-win program, one where average people can reap significant financial rewards by investing in real estate.

* Win One: Buying Low - The investors first win occurs by purchasing real estate at a 10-20 percent discount by seeking out motivated buyers and avoiding paying agent commissions. The book reveals the secret to buying foreclosed homes with clean titles from banks and mortgage companies.

* Win Two: Renting Smart - The property is rented through a lease/purchase agreement. Not only does the investor get a down payment from the lease/purchasee, but he or she also receives monthly rent that usually exceeds the monthly mortgage payment. Also, the lease/purchasee takes on the maintenance and repair responsibilities and tends to be a better tenant in return for their special lease/purchase terms. In addition, as the owner of the property, the investor is able to receive tax write-offs.

* Win Three: Selling High - The final win results when the lease/purchasee exercises his or her right to purchase the property. The owner has realized the benefits of owning the property and has sold it to the lease/purchasee without agent commissions. If the lease/purchasee decides not to exercise his or right, the investor still wins because he or she can either extend the lease purchase agreement and increase the purchase price (based on property appreciation) or enter into another lease/purchase agreement with a new tenant and begin the cycle of wins all over.

Inside This Book (Learn More)
First Sentence
In this book, we unveil a profitable, long-term approach to real estate investing that we have developed and refined over 20 years. Read the first page
Explore More
Concordance
Browse Sample Pages
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
Search inside this book:

Tag this product

 (What's this?)
Think of a tag as a keyword or label you consider is strongly related to this product.
Tags will help all customers organize and find favorite items.
Your tags: Add your first tag
 
See most popular tags
 

Customer Reviews

22 Reviews
5 star:
 (16)
4 star:
 (2)
3 star:
 (2)
2 star:
 (1)
1 star:
 (1)
 
 
 
 
 
Average Customer Review
4.4 out of 5 stars (22 customer reviews)
 
 
 
 
Share your thoughts with other customers:
Most helpful customer reviews

5.0 out of 5 stars Great book for mid/long term Real Estate investors, Jun 22 2004
By 
JC (ATLANTA, GA United States) - See all my reviews
This review is from: Buy Low, Rent Smart, Sell High: Real Estate Investing for the Long Run (Paperback)
This is a handbook for Real Estate investors. Lots of useful tips and examples and an honest and fair way of doing business.
I found very useful the real life cases and the examples of contracts, letters, and way of working with the lease/purchase model.
Help other customers find the most helpful reviews 
Was this review helpful to you? Yes No


3.0 out of 5 stars Decent, but has the typical flaw..., April 6 2004
By 
J. Daily (Fort Worth, Tx United States) - See all my reviews
(REAL NAME)   
This review is from: Buy Low, Rent Smart, Sell High: Real Estate Investing for the Long Run (Paperback)
in books of this type. These guys supposedly based their business around REO properties. Usually buying from the bank after the foreclosure process for 25% less than market value. They must live in an area with absolutely NO competition. Where I live everybody and their dog is after these types of properties, thus it is impossible to buy these houses for this type of discount. If you can get one it will be a DOG and you had better be ready to pour some money in it to get it sellable.

Another beef is with their numbers. They assume at one point purchasing a house with a mortgage for $67500 say that your PITI(principal, interest, taxes and insurance) will be $500. They then say you can rent this type of house for $1000. Not in my neck of the woods. Be sure to check your local numbers for insurance and taxes and rental rates.

That said, I do like their Rent-to-Own sales plan and the premise that someone renting-to own will take better care of the property than a transient renter would. I also like their breakdown of the six profits centers they look for in each property.

If you are looking for a way to get started in real estate I recommend their plan once you have purchased the property, I just wouldnt limit yourself to just trying to fight for REO houses. There are many opportunities for buying houses for less than market price, just do your homework and don't limit yourself.

Help other customers find the most helpful reviews 
Was this review helpful to you? Yes No


5.0 out of 5 stars Very Good, but I'm no Expert., Mar 19 2004
This review is from: Buy Low, Rent Smart, Sell High: Real Estate Investing for the Long Run (Paperback)
This book was very easy to read, and very clear. It offers a clear plan how to sell medium income family homes on contract and make a nice profit. I find the ideas very exciting because I would rather the renter take more responsibility for the home, and when they are working to actually OWN the house, thats exactly what they do. One note, you need to get the homes at %20 below appraised value, which basicly means getting foreclosed homes, but it does tell you how to do this. I only have one rental house, but I believe I'm going to use this book to sell it on contract to my renters.
Help other customers find the most helpful reviews 
Was this review helpful to you? Yes No

Share your thoughts with other customers: Create your own review
Want to see more reviews on this item?
› Go to Amazon.com to see all 33 reviews  4.2 out of 5 stars 
 
 		 Most recent customer reviews











Only search this product's reviews


Listmania!

Create a Listmania! list

Look for similar items by category

Look for similar items by subject























i.e., each book must be in subject 1 AND subject 2 AND ...

Feedback

Would you like to update product info or give feedback on images?

Amazon.ca Privacy Statement Amazon.ca Shipping Information Amazon.ca Returns & Exchanges