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Making Money in Real Estate: The Canadian Guide to Profitable Investment in Residential Property, Revised Edition
 
 

Making Money in Real Estate: The Canadian Guide to Profitable Investment in Residential Property, Revised Edition [Hardcover]

Douglas Gray
4.0 out of 5 stars  See all reviews (7 customer reviews)
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Making Money in Real Estate: The Essential Canadian Guide to Investing in Residential Property Making Money in Real Estate: The Essential Canadian Guide to Investing in Residential Property
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Product Description

Product Description

The Canadian Guide to Investing in Residential Property

Successful real estate investments play an essential role in Canadian investors' portfolios. The growth in wealth in real estate markets has presented investors with tremendous opportunities to capitalize on and expand their range of investments. In Making Money in Real Estate, Douglas Gray demystifies the Canadian real estate market for novice investors and presents new strategies for veteran investors. Learn to:

  • Understand the real estate market cycles
  • Find a property and assess its investment potential
  • Build a trustworthy real estate team
  • Arrange financing on good terms
  • Use negotiating tactics that work
  • Understand tax and legal issues
  • Manage a property
  • Avoid the pitfalls that many investors fall into
  • Examine the pros and cons of non-residential property investment options

Making Money in Real Estate is a critical and indispensable tool in investment decision making.

From the Inside Flap

Making Money in Real Estate: The Bestselling Canadian Guide to Investing in Residential Property

For the Canadian investor who is looking to build wealth through real estate, Making Money in Real Estate is an exceptional guide and resource designed to be actively consulted and successfully applied. The author, Douglas Gray, draws on his vast experience as a lawyer, consultant and author to offer investors – both novice and veteran – an "A to Z" of "street-smart" real estate investment knowledge and strategies.

At your fingertips, you are provided with practical and essential information on:

  • types of investment properties to consider
  • locating properties that fit your investment goals
  • building a team of experts
  • negotiating with sellers
  • mortgage financing and tax issues
  • insurance options
  • property management
  • selling a property
  • developing a personalized investment plan that works
  • financial and estate planning.

The glossary, checklists, mortgage tables, sources of further information and a comprehensive index round out this book.

Real estate is long-term investment. Be informed – avoid the pitfalls and make prudent decisions, because those choices will have a significant impact on your financial health. Look to Making Money in Real Estate as the benchmark of "how to" for profitable real estate investing.


Inside This Book (Learn More)
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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7 Reviews
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Average Customer Review
4.0 out of 5 stars (7 customer reviews)
 
 
 
 
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6 of 6 people found the following review helpful
4.0 out of 5 stars Should be called the Canadian Encyclopedia of Real Estate Investing, Nov 26 2008
By 
J. A. Broad "Julie Broad (http://www.revnyou.... (Vancouver) - See all my reviews
(TOP 500 REVIEWER)    (REAL NAME)   
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This review is from: Making Money in Real Estate: The Canadian Guide to Profitable Investment in Residential Property, Revised Edition (Hardcover)
This book is NOT a page turner! It's also not a step by step how to invest in real estate book. I'm sure some people sit down and read it cover to cover, but I didn't. Over the last year, I've read the entire book, but never from start to finish. I refer to sections in the book depending on what I am working on or depending on what I am curious about.

But it's incredible detail and the sheer quantity and quality information contained in this book make it a must have resource for any Canadian residential real estate investor or even prospective home owner!

Critical definitions, different property types (and advantages and disadvantages of each), evaluating investment properties, strategies for investment, financing, legal terms surrounding purchase and sale agreements and mortgage documents, tax write offs, and tax benefits, and some fantastic worksheets are all covered in this book. He even talks about getting out of signed contracts...explaining the legalese involved in that process.

If you are about to buy a home or your first or second investment property in Canada - buy this book!!! Then, go to the table of contents, and find the section that applies to you, and read it! You will be glad you did.
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2 of 2 people found the following review helpful
5.0 out of 5 stars Excellent book, Feb 26 2010
By 
B. Brown "Bibliophile" (Eastern Canada) - See all my reviews
(REAL NAME)   
This review is from: Making Money in Real Estate: The Canadian Guide to Profitable Investment in Residential Property, Revised Edition (Hardcover)
As a reference volume for the up-and-coming as well as the seasoned real estate investor, Douglas Gray's Making Money in Real Estate is easily among the best real estate books I've ever read. From cover to cover this book is chock-full of information: from how to assess the different forms of property available, specifically what to look out for and what to avoid to specific names and websites of organizations one should contact when considering acquiring property. I read this book after having read more than a couple of other accomplished authors (only they spoke from the American perspective) and found myself more and more astounded by the depth of this author's knowledge.
The format of the book makes it an easy read; at times I felt as though I was in class under the instruction of an accomplished professor. Mr Gray obviously has a wealth of knowledge coupled with years of experience in the field - a fact made strikingly evident, not only within the pages of this volume but also because he has written several other acclaimed books on the subject.
This book is a must-have for the private collection of anyone wishing to make headway in Canadian Real Estate. I assure you, after reading this you'll be up and running, asking the right questions and looking for the right things in short order; frequent reference will have to be made to it so no borrowing this from the library. There is even a whole chapter dedicated to the all-important area of negotiation - a skill all aspiring real estate investors must master early since it comes into play from the time one chooses one's real estate broker through the time a lease agreement is being crafted and well beyond. Making Money in Real Estate covers all the bases and does a very respectable job at it in my view.
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5.0 out of 5 stars A lot of information, Oct 30 2011
By 
Just passin trough (Ottawa, Ontario Canada) - See all my reviews
This review is from: Making Money in Real Estate: The Canadian Guide to Profitable Investment in Residential Property, Revised Edition (Hardcover)
A lot of information in here. It may not go in details for all of them but it definitely lists most if not all of the real estate related subjects. It starts as a read but then it is a reference book. I would think, very useful to have.
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