The Insider's Guide to 52 Homes in 52 Weeks Acquire Your Real Estate Fortune Today

by de Roos, Dolf; Burns, Gene

• ISBN13: 9780471757054
• ISBN10: 0471757055
• Edition: 1st
• Format: Paperback
• Copyright: 2006-02-03
• Publisher: Wiley

Summary

A real estate guide unlike any other, The Insider's Guide to 52 Homes in 52 Weeks is the true story of a seemingly impossible investing challenge and the two investors who pulled it off--all to prove that you can do it too.Successful real estate investors Dolf de Roos and Gene Burns wanted to show skeptical investors that there are always great deals to be found. So they set out to buy fifty-two homes in just one year. Not only did they succeed, they did it in less than ten months and earned a lot of money in the process! Tracing this ten-month real estate adventure in depth and detail, The Insider's Guide to 52 Homes in 52 Weeks explains the authors' strategies and techniques for acquiring almost any property in any market. Inside, you'll find step-by-step guidance on: Finding the perfect market to invest in Designing your strategy and getting started Making your first deal Finding the help you need to succeed Changing strategies midstream Networking to find new leads and opportunities And much more Combining unbeatable investing guidance with firsthand accounts of real deals, The Insider's Guide to 52 Homes in 52 Weeks arms investors with a diverse mix of strategies and tactics that will turn every real estate deal into a moneymaker.

Author Biography

DOLF de ROOS is a New York Times and Wall Street Journal bestselling author and successful real estate investor. de Roos holds public seminars across the nation and throughout Australia, New Zealand, Asia, and Europe. He also trains real estate agents and has created software to both analyze and manage investment property. He is often asked to address investors' conferences, appear on radio shows, and take part in television debates because of his expertise.
In the late 1990s, de Roos launched a public company "Property Ventures Limited" of which he is the chairman. Property Ventures is now gaining momentum as an innovative property investment company with holdings ranging from high-rise apartment buildings to high-end vineyards.
He is the author of Real Estate Riches (Warner and Wiley) which has sold over 530,000 copies.

GENE BURNS is a full-time real estate investor who specializes in buying distressed homes in Las Vegas, Nevada. He has pioneered several techniques for helping distressed sellers.

Table of Contents

Introduction	ix
CHAPTER 1 The Real Estate Challenge	1	(10)
Who We Are and How the Challenge Came About	3	(3)
Gene's Early Real Estate Deals	6	(5)
CHAPTER 2 What We Did in Vegas and What You Can Do Anywhere	11	(12)
An Explosion of an Experience	13	(2)
Why We Chose Las Vegas	15	(8)
CHAPTER 3 Determining Your Strategy and Getting Started	23	(30)
Strategy	25	(9)
Motivated Sellers	34	(8)
Real Estate Acquisition Program (REAP)	42	(4)
What It Takes to Succeed	46	(2)
Commitment	48	(1)
Not All Deals Work	49	(1)
Respect for Others	50	(3)
CHAPTER 4 Our First Deals	53	(28)
Everybody Wins	56	(4)
Inspiring Steve	60	(3)
The Veteran Who Came Home to Die	63	(5)
Four Dobermans and a Private Eye	68	(4)
Three Bed, Two Bath, One Trans Am	72	(4)
The Blackjack Dealer's Wife and the Federal Agent	76	(5)
CHAPTER 5 Learning to Ask for Help	81	(26)
The Beautiful Girl and the Private Eye	83	(2)
Hire a Title Agent	85	(2)
Fire and Water	87	(3)
Helping a Widower	90	(1)
Buyer's Agents	91	(4)
When We Party, We Like to Party	95	(4)
The "Looks Too Good to Be True, But It Wasn't" Deal	99	(2)
Feeding Frenzy	101	(3)
The Big Picture	104	(3)
CHAPTER 6 A Shift in Strategies	107	(20)
Surrounded by Investors	109	(1)
Finding Tenants in Dark Times	110	(5)
Mountain and Wall Views	115	(2)
A Sun-Room for a Quilter	117	(2)
Single Momster	119	(2)
Model Lease-Backs	121	(2)
Back to Hawaii	123	(4)
CHAPTER 7 Networking	127	(12)
Gene's Niece	129	(1)
Our Lender	129	(1)
Our Lender's Loan Officer	130	(1)
Tax Lien Homes	130	(5)
Our Odds Shift	135	(1)
Phase Ones	136	(1)
Pretty Views with Bad Golfers	137	(2)
CHAPTER 8 Being Flexible	139	(4)
Market Changes	141	(1)
Success	142	(1)
CHAPTER 9 Why Las Vegas Will Continue to Grow	143	(6)
CHAPTER 10 You Can Do It, Too	149	(6)
Appendixes	155	(12)
APPENDIX A Authorization to Release Information	157	(2)
APPENDIX B Grant, Bargain, and Sale Deed	159	(2)
APPENDIX C Limited Power of Attorney	161	(4)
APPENDIX D Binding Legal Agreement	165	(2)
52 Homes—Some Photos	167	(16)
Further Tips, Tools, and Information	183	(2)
About the Authors	185	(2)
Other Books by Dolf de Roos	187	(4)
Index	191