- Paperback: 256 pages
- Publisher: Gemstone House Pub (January 1999)
- Language: English
- ISBN-10: 0966469119
- ISBN-13: 978-0966469110
- Product Dimensions: 22.6 x 15.2 x 1.8 cm
- Shipping Weight: 408 g
- Average Customer Review: 4.2 out of 5 stars See all reviews (92 customer reviews)
- Amazon Bestsellers Rank: #722,564 in Books (See Top 100 in Books)
- See Complete Table of Contents
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Product Details |
Product Description
About the Author
Suzanne Thomas was both intrigued and dismayed by the real estate investing books she read as a young adult. Owning real estate seemed like a good idea, but did she want to manage apartment houses with dozens of tenants? How many desperate "don't wanter" sellers were out there? They seemed to be a lot harder to find than the real estate gurus said they were.
Ms. Thomas eventually figured out that all she needed to become financially independent were five paid-off single family houses. As she acquired her handful of houses she began to teach her methods to adult education classes. Her handouts multiplied until she realized it was time to write the book she couldn't find for her students.
Currently Ms. Thomas owns rental real estate worth one million dollars. She has appeared across the country on radio and cable TV shows. She continues to lecture through adult education programs, bookstore appearances, and Realtor conventions.
Inside This Book
(Learn More)
First Sentence
When I ask people why they want to invest in real estate, they usually tell me they want to make money. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
When I ask people why they want to invest in real estate, they usually tell me they want to make money. Read the first page
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Concordance
Browse Sample PagesConcordance
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Customer Reviews
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Most helpful customer reviews
5.0 out of 5 stars
Good Conservative Approach,
By TB (Fayetteville, Georgia United States) - See all my reviews
This review is from: Rental Houses for the Successful Small Investor (Paperback)
This was the first book I read on real estate investing two years ago. It details a good conservative approach to real estate investing. I purchased my first rental home shortly after reading this book, and had good cash flow immediately. I've recommended this book to numerous people that are interested in getting into real estate investing. I highly recommend this book.
1 of 1 people found the following review helpful
5.0 out of 5 stars
Superb, insightful, realistic.,
By
This review is from: Rental Houses for the Successful Small Investor (Paperback)
This is a pragmatic, realistic, down-to-earth book on how to achieve financial independence through owning rental houses. The advice is based upon the author's real-life experiences of owning rental houses in Colorodo & Texas in the 1990s.Suzanne P.Thomas begins the book by exploring what your objectives and goals might be in attaining financial independence. It is this kind of discussion that gives first-time investors the perspective needed to consider rental houses. The rate-of-return of rental real estate is analyzed to show how benefical it is, including the tax breaks, depreciation, leverage, etc. Her clear, friendly writing style allowed me to finish the book in a few days. Thomas addresses the idea of owning single family rental houses from many different perspectives, starting with it being a part-time second job. This point of view was refreshing and opens up the possibilities for everyone. By slowly acquiring the properties over a number of years, this is not a 'get rich quick' book, but rather a sober look at what can be done by almost anyone who is interested and determined. And she provides you with the steps she took to do it. Suzanne discusses the many types of loans available (and not just from banks), down payments, paying down adjustable rate mortgages early, property evaluation and selection, tenant management, 1031 tax deferred exchanges, etc. The material is covered in detail and is clearly explained. The fact that Suzanne actually DID this then documented her experiences and advice makes this book a must read for anyone considering single family rental homes as an investment vehicle.
3.0 out of 5 stars
Basic but realistic and sensible advice,
By A Customer
This review is from: Rental Houses for the Successful Small Investor (Paperback)
The book is very basic. If you have already read other books and have experience investing in real estate, you will probably fall asleep reading this. However, if you are new, you will enjoy and benefit from reading Suzanne's excellent book.Not the greatest book, not bad either. But at least it's not somebody elses progam.
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