Buy and Hold Forever : How to Build Wealth for the 21st Century

by Schumacher, David, PH.D.

• ISBN13: 9780970116260
• ISBN10: 0970116268
• Format: Paperback
• Copyright: 2010-01-07
• Publisher: Schumacher Enterprises

Summary

GET RICH IN ANY REAL ESTATE MARKET David Schumacher discovered that the way to a lifetime of financial security is to buy smart and never sell, and he built a $20-million fortune using his own savvy advice. Forget about ¿flipping¿ properties. Say goodbye to late-night TV ¿no money down¿ scams. Here¿s a shrewd, moneymaking, step-by-step investment program providing proven advice on how to: * Pick the properties with the most profit potential * Choose the locations that will be tomorrow¿s hottest neighborhoods * Negotiate lucrative real estate deals that can make you wealthy Packed with charts, graphs and David¿s real-life examples and axioms, the book is now updated with new material by nationally recognized real estate investor Steve Dexter. Here¿s your ticket to a sound financial future. ¿You have in your hands a masterpiece from the mind of a real estate legend. I suggest you read it and change your life forever.¿ ¿Bruce Norris, investor and president, The Norris Group _______________________________________ ¿The title says it all. Timeless advice on how to become financially free in an unfree world. Mandatory reading if you¿re serious about changing your financial life forever.¿ ¿Mike Cantu, real estate investor and educator based in Riverside, California ________________________________________ About the Authors DAVID SCHUMACHER, PhD, was an investor, magazine columnist and college instructor in the field of real estate. One of America¿s premier experts, he was also a multimillionaire property owner. He parlayed a modest investment into property holdings worth $20 million, including houses, condos and magnificent oceanfront apartment complexes in Southern California. He also authored The Buy & Hold Real Estate Strategy and Buy & Hold: 7 Steps to a Real Estate Fortune. STEVE DEXTER is the president of National Capital Funding, based in Laguna Beach, California, and an expert commentator for CNN/Money, CBS Radio and Fox TV. He is the author of Real Estate Debt Can Make You Rich and Beat the Banks: How to Prosper from the Rising Wave of Bank Foreclosures.

Author Biography

DAVID SCHUMACHER, PhD, was an investor, magazine columnist and college instructor in the field of real estate. One of America's premier experts, he was also a multimillionaire property owner. He parlayed a modest investment into property holdings worth $20 million, including houses, condos and magnificent oceanfront apartment complexes in Southern California. He also authored The Buy & Hold Real Estate Strategy and Buy & Hold: 7 Steps to a Real Estate Fortune.STEVE DEXTER is the president of National Capital Funding, based in Laguna Beach, California, and an expert commentator for CNN/Money, CBS Radio and Fox TV. He is the author of Real Estate Debt Can Make You Rich and Beat the Banks: How to Prosper from the Rising Wave of Bank Foreclosures.

Table of Contents

Introduction	p. 1
Determine the Type of Real Estate to Best Fit Your Needs	p. 10
Real Estate: An Investment, a Speculation, or a Gamble?	p. 32
Setting a Realistic Objective	p. 55
How National and Regional Trends Affect Real Estate Growth	p. 74
How National Trends Affect Your Region, Metropolitan Area and Community	p. 96
How National Trends Affect Your Immediate Neighborhood	p. 124
Use the Internet to Buy Real Estate: Getting Started and Continuing Your Education	p. 151
Select the Right Property and Make an Analysis of Its Growth Potential	p. 165
Forecast Your Property's Market Value in 20 Years Using Available Data	p. 185
Time Your Investment to Get a Boost From the Economy	p. 203
Negotiate the Purchase as a Long-Term Investment	p. 212
Creative Financing	p. 226
The Advantages of Using a Real Estate Broker	p. 241
Parlay Your Initial Investment Without Overextending Yourself	p. 254
Manage Your Investment for Maximum Yield and Satisfaction	p. 271
Make the System Work to Your Benefit Through Refinancing and the Tax-Deferred Exchange	p. 300
Protecting Your Investment and Accomplishing Your Financial Objective	p. 308
The Alameda Corridor and Its Future Impact on California and the Nation	p. 325
Bonus Chapter: Locating Your Investment for Succes	p. 332
Schumacher's Real Estate Axioms	p. 337
The Appraisal Process of a Single-Family Residence	p. 343
Outline of Factors Influencing the Value of Residential Property	p. 366
Index	p. 371
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