Abridged edition. Author William Nickerson did so well with his spare-time money-making that at 42 he was able to realize the popular dream of early retirement from the daily grind on a high income. He explains in detail how he did this in his best-selling sensation, How I Turned $1,000 Into Five Million, out of his firm conviction that the age of opportunity is not dead - that even today the road to fortune still lies open to the average person.
"Probably the most famous book ever written on making money in real estate. Wiliam Nickerson and his book ... has probably created more millionaires than any other book in investing history. It simply is a masterpiece of common sense advice."--Page 4 cover
Nickerson restates his formula for success in real estate, which, in case you've not heard it lately, goes like this: purchase residential property in need of rehabilitation, provide the necessary improvements, and sell the property for a minimum 25 percent profit. Case examples are used to illustrate refinements such as looking for opportunities in inner cities and keeping an open mind to creative financing possibilities. Nickerson is an experienced pro whose "How I Turned $1,000 into a Million in Real Estate in My Spare Time" is a classic. THERE ARE MANY obvious ways to make a fortune. One is to gamble. You might get rich overnight. But gambling is not a sure thing-that's why they call it gambling. There are other speculative, get-rich quick schemes-like buying real estate with dangerous nothing down balloon-payment financing and bleeding, rather than improving, the property but most easy-money fantasies turn into nightmares, and breed negative losses instead of positive profits. By far the surest road to a fortune that can match or surpass your golden dreams is to buy, with sound financing, fixer-upper properties that you can improve. You can choose from millions of deteriorated or obsolescent properties with repair and improvement challenges that you can readily correct. Many owners just do not have the gumption to fix up wounded properties that have bled their lives away with age and neglect. If you have a little courage and imagination, you can buy such distress properties at a bargain, correct imperfections, and make a sure and spectacular profit. This gives you a built-in safety factor that guards you against going wrong. If you faithfully follow my principles it is just about impossible to go broke. The only question is not whether you will make a profit, but how much you will make!
“This book is not just a bargain, it’s a steal. It’s filled with practical, workable advice for anyone wanting to build wealth.”—Mike Summey, co-author of the bestselling The Weekend Millionaire’s Secrets to Investing in Real Estate Anyone who seeks financial wealth must first learn the fundamental truths and models that drive it. The Millionaire Real Estate Investor represents the collected wisdom and experience of over 100 millionaire investors from all walks of life who pursued financial wealth and achieved the life-changing freedom it delivers. This book--in straightforward, no nonsense, easy-to-read style--reveals their proven strategies. The Millionaire Real Estate Investor is your handbook to the tried and true financial wealth building vehicle that rewards patience and perseverance and is available to all--real estate. You'll learn: Myths about money and investing that hold people back and how to develop the mindset of a millionaire investor How to develop sound criteria for identifying great real estate investment opportunities How to zero in on the key terms of any transaction and achieve the best possible deals How to develop the "dream team" that will help you build your millionaire investment business Proven models and strategies millionaire investors use to track their net worth, understand their finances, build their network, lead generate for properties and acquire them The Millionaire Real Estate Investor is about you and your money. It's about your financial potential. It's about discovering the millionaire investor in you.
The inspiring true story of Shark Tank star Barbara Corcoran--and her best advice for anyone starting a business. After failing at twenty-two jobs, Barbara Corcoran borrowed $1,000 from a boyfriend, quit her job as a diner waitress, and started a tiny real estate office in New York City. Using the unconventional lessons she learned from her homemaker mom, she gradually built it into a $6 billion dollar business. Now Barbara's even more famous for the no-nonsense wisdom she offers to entrepreneurs on Shark Tank, ABC's hit reality TV show. Shark Tales is down-to-earth, frank, and as heartwarming as it is smart. After reading it don't be surprised if you find yourself thinking, "If she can do it, so can I." Nothing would make Barbara happier.
The founder and CEO of Rapid Realty, New York City’s largest rental-based real estate brokerage, shares his story, his advice, and his tips for building a successful career in the ever-growing and lucrative world of real estate. Anthony Lolli got his real estate license at age nineteen. By twenty-three, he was a millionaire and the head of a swiftly growing company that would become one of the largest real estate brokerages in New York and a national franchise sensation. Now, he’s sharing the secrets behind his success. Filled with insights into Lolli’s inspirational rags-to-riches rise to the top and bursting with practical advice for real estate newcomers and veterans alike, The Heart of the Deal is essential reading for anyone with big dreams and the drive to make them come true. Learn how to set smart goals, negotiate like a pro, analyze properties and neighborhoods, overcome objections, and much more. Whether you want to become a top-performing broker or a savvy property investor, or simply master real estate management tactics designed to help you achieve your financial goals, Lolli’s grounded guidance will put you on the right path. Most importantly, The Heart of the Deal will teach you how to utilize all of these strategies to build a lucrative career without sacrificing your humanity in the process. At all times, Lolli keeps one central premise in mind: that the heart of every deal isn’t money—it’s people.
Take your real estate career to the highest level! "Whether you are just getting started or a veteran in the business, The Millionaire Real Estate Agent is the step-by-step handbook for seeking excellence in your profession and in your life." --Mark Victor Hansen, cocreator, #1 New York Times bestselling series Chicken Soup for the Soul "This book presents a new paradigm for real estate and should be required reading for real estate professionals everywhere." --Robert T. Kiyosaki, New York Times bestselling author of Rich Dad, Poor Dad The Millionaire Real Estate Agent explains: Three concepts that drive production Economic, organizational, and lead generation models that are the foundations of any high-achiever's business How to "Earn a Million," "Net a Million," and "Receive a Million" in annual income
From the #1 bestselling author of "Rich Dad, Poor Dad" comes the ultimate guide to real estate--the advice and techniques every investor needs to navigate through the ups, downs, and in-betweens of the market.
The author, David, was focused on his busy day job as a scientist when his daughter's sudden sickness in 2010 opened his eyes to the fragility of an ordinary family's financial situation. Since 2011, David and his wife, who are both full-time employees and have three kids, have been investing in real estate on the side. With 50+ hours per week on his day job, David spent a few hours per week on real estate investing. In eight years, they have increased their net wealth from $0.8 million to $5.5 million, at an average annual rate of 27% in net wealth accumulation. Their net positive cash-flow from their properties reached $150,000 per year. David wrote this book to empower you to achieve financial freedom too, regardless of your background or experience, just like how he started with little experience eight years ago. Through a series of true stories documenting his experience in real-life deals, David shares how you can begin making your money work for you, and how you can obtain rates of return that far exceed those of mutual funds. This book will inspire and show you how to reach your dream of financial freedom.
A humorous and horrible tale of real estate investing gone awry. So many are clamoring to scoop up their first rental property, but when things can go so right they can also go so wrong. Read and learn from my mistakes so you too don't experience this tale of woe.
