Similar to “You are what you eat”, I'm sure we all feel that we owe it to our clients to learn as much as we can about what they (our clients) are interested in.
Here are three business books, which are not long-reads and are well written that can give us great and quick insight as to what kinds of strategies are out there. Grab one soon and I’m sure you will be a better Realtor® for it!
Flip
Davis and Villani
Many have found this to be an honest presentation of the logical way to go about investing in “Flippers”. The authors divide all aspects of real estate investing; find, fund, fix, and sell. Davis and Villani have experience and the data. They don't promote a get-rich-quick scheme nor do they imply this is easy. They say it is serious business and hard work. It was refreshing!
Complete Guide to Real Estate Tax Liens and Foreclosure Deeds
Don Sausa
Obviously, in today’s market the more facts we know about liens and foreclosures, the better we will be able to advise our clients, and help them create wealth in and safe and thought out environment.
This is one of my favorite books addressing foreclosures and I, and many others, have found it to be and easy, and actually FUN read!
Investing in Duplexes, Triplexes, and Quads
Larry Loftis
This is one of those “no money down” investment books, and that is NOT my favorite route, BUT what I do value is after reading it I understood SO much better what many of my new, investor clients were basing their “no money down” strategies on! And some of it makes some sense. Just not all, in my opinion. Fore warned is fore armed!
•Buy duplexes, triplexes and quads with no money down, AND get cash back at closing.
•Eliminate risk, and guarantee that your mortgage payments are always covered.
•Use "cash-out" from refinancing to purchase more properties.
•Decide whether to buy and hold or "pyramid" to a large apartment complex.
•Use inflation, tax laws, and rehab to build a massive retirement nest-egg.
Help yourself and help your clients!
Happy reading!
Phillip Anderson
Owner
New Portland Home
a real estate services company
http://www.newportlandhome.com/