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How to Invest in Condominiums: The Low-Risk Option for Long-Term Cash Flow
A simple proven method for improving cash flow so you can live rent-free and retire early
How to Invest in Condominiums provides a simple, low-risk blueprint for building cash flow by buying and renting out condominiums. You can provide for your retirement or improve your monthly income by investing in income-producing real estate at a very low risk to the capital you invest. Unlike stocks and bonds, real estate is immune to inflation and a fluctuating stock market and also provides some shelter from taxes-and the return on investment typically exceeds that of the average Wall Street investor!
The author includes a plan for getting started and a detailed record of his investments that shows how he grew a considerable cash flow-with only a small commitment of time and effort. This straightforward, realistic guide will help you:
* Use this method to establish long-term cash flow
* Avoid owning a money-losing rental unit
* Use professional property management to save time and money
* Avoid "fixer-uppers" v Keep your long-run effort minimal
* Live rent-free and retire early!
How to Invest in Condominiums is a reliable and realistic way to supplement your income. There are no gimmicks and no strings attached and this is not a get-rich-quick scheme. It's a long-term plan that will help you meet-and surpass-your long-term goals.
How to Invest in Condominiums provides a simple, low-risk blueprint for building cash flow by buying and renting out condominiums. You can provide for your retirement or improve your monthly income by investing in income-producing real estate at a very low risk to the capital you invest. Unlike stocks and bonds, real estate is immune to inflation and a fluctuating stock market and also provides some shelter from taxes-and the return on investment typically exceeds that of the average Wall Street investor!
The author includes a plan for getting started and a detailed record of his investments that shows how he grew a considerable cash flow-with only a small commitment of time and effort. This straightforward, realistic guide will help you:
* Use this method to establish long-term cash flow
* Avoid owning a money-losing rental unit
* Use professional property management to save time and money
* Avoid "fixer-uppers" v Keep your long-run effort minimal
* Live rent-free and retire early!
How to Invest in Condominiums is a reliable and realistic way to supplement your income. There are no gimmicks and no strings attached and this is not a get-rich-quick scheme. It's a long-term plan that will help you meet-and surpass-your long-term goals.
224 pages, Paperback
First published December 7, 2001
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Displaying 1 - 2 of 2 reviews
February 27, 2023
realistic
A must read if you are planning to invest in condos to avoid mistakes. It is very conservative approach to real estate investing.
A must read if you are planning to invest in condos to avoid mistakes. It is very conservative approach to real estate investing.
July 26, 2014
I would not recommend "How to Invest in Condominiums." Rather than explaining "how" he spends the majority of the book explaining why it is such a great way to invest. It feels like an extended commercial with over-simplification and very little insight on navigating the process of real estate investment.
His approach, however, is novel. Basically, he suggests to buy a condo, live there, then when you are ready, buy another and rent it out. That is a good idea for those who can be in transition and need to put less on the down-payment. But honestly, most people either don't want to move so often, or they want to buy property at a quicker rate. If you're interested in actually learning "how to invest in condominiums" look only to his chapter 3 and lessons learned section at the end of chapter 2. All the others are largely unhelpful.
His approach, however, is novel. Basically, he suggests to buy a condo, live there, then when you are ready, buy another and rent it out. That is a good idea for those who can be in transition and need to put less on the down-payment. But honestly, most people either don't want to move so often, or they want to buy property at a quicker rate. If you're interested in actually learning "how to invest in condominiums" look only to his chapter 3 and lessons learned section at the end of chapter 2. All the others are largely unhelpful.
Displaying 1 - 2 of 2 reviews