
The Skinny on Real Estate: An Introduction to the Subject (Part 1) is the first in a three-part series of books about real estate investing. This book gives you an overview of the topic, outlining questions to help you determine if real estate investing is right for you. In this book you will learn the basics as Randel sets the foundation for investment strategies. This quick read will prepare you...
Series: The Skinny On
Perfect Paperback: 96 pages
Publisher: Rand Media Co; 1st edition (September 3, 2009)
Language: English
ISBN-10: 0981893562
ISBN-13: 978-0981893563
Product Dimensions: 5.5 x 0.2 x 8.2 inches
Amazon Rank: 1067344
Format: PDF ePub fb2 TXT fb2 book
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Overall is a good place to start and teaches you the very basics. There is not a lot of detail or real world calculations but is is a good starting point to let you know whether real estate investment is something you'd like to do. I gave it 4 stars ...
time of investing!In The Skinny on Real Estate Investing, you will learn how to:- Analyze a house like an investment- Do a cash flow analysis- Utilize leverage to juice returns- Raise partnership capital- Perform a real estate investing self-test- Walk away from asking prices- Buy and sell for profit.The author of The Skinny on Real Estate Investing, Jim Randel, has invested in real estate for 25 years, having bought and sold houses, duplexes, triplexes, apartment buildings, office buildings, retail properties, factories, land and a warehouse. Randel has been a guest speaker outlining his investment strategies around the United States at business schools (Harvard and NYU), annual real estate conferences (eg NAR and RE/MAX) and investor sessions in San Francisco, Kansas City, Milwaukee, Washington DC, Boston and Seattle.Randel has very definite points of view about real estate investing:- It's a tremendous opportunity for wealth generation- But, not "get rich quick," or "risk-free"- If it isn't fun, don't do it- Never, never buy on the seller's pro forma- If you can't add value, pass on the deal- Asking prices are irrelevant- Institutional investing should be avoided at all costs by entrepreneurs - Houses are real estate investments- It's a buyer's market- It's all about execution