Real estate investors Andrew McLean and Gary Eldred explain in an easy-to-read guide - packed with examples - how you can make money investing in houses and small apartment buildings. Even with today's lower rates of inflation, residential real estate remains your surest and safest way to build wealth. To help you achieve a profitable and secure future, this third edition of "Investing in Real Estate explains" why your real estate investments can outperform the stock market and demonstrates how to enhance cash flow, negotiate deals, spot market trends, and explore the Internet. It also covers the important tax law information you need to know. McLean and Eldred show you how to: buy with little or no money coming out of your own pocket; build wealth without paying taxes on capital gains; select neighborhoods and properties that will beat the market with faster rates of appreciation; create $2 to $10 of value for every $1 you invest in improvements; and select from more than a dozen techniques to finance your purchases.
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Real estate investors Andrew McLean and Gary Eldred explain in an easy-to-read guide - packed with examples - how you can make money investing in houses and small apartment buildings. Even with today's lower rates of inflation, residential real estate remains your surest and safest way to build wealth. To help you achieve a profitable and secure future, this third edition of "Investing in Real Estate explains" why your real estate investments can outperform the stock market and demonstrates how to enhance cash flow, negotiate deals, spot market trends, and explore the Internet. It also covers the important tax law information you need to know. McLean and Eldred show you how to: buy with little or no money coming out of your own pocket; build wealth without paying taxes on capital gains; select neighborhoods and properties that will beat the market with faster rates of appreciation; create $2 to $10 of value for every $1 you invest in improvements; and select from more than a dozen techniques to finance your purchases.
ANDREW McLEAN has broad real estate experience and has written six other books, including The Ultimate Guide to Residential Real Estate Loans (Wiley). GARY W. ELDRED, PhD, is a Realtor who has served on the graduate business faculty at Stanford University and the University of Illinois. He is also the author of Yes! You Can Own the Home You Want, The 106 Common Mistakes Homebuyers Make (and How to Avoid Them), and The Complete Guide to Second Homes for Vacations, Retirement, and Investment, all published by Wiley.
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