2 Years to a Million in Real Estate

by Martinez, Matthew

• ISBN13: 9780071471879
• ISBN10: 0071471871
• eBook ISBN(s): 9780071491808
• Edition: 1st
• Format: Paperback
• Copyright: 2006-06-02
• Publisher: McGraw Hill

Summary

Quit your day job!Make a million in real estate!It's easier than you think!A few years ago, Matthew Martinez was a lot like you - he worked hard to make as big a salary as he could. But it wasn't enough. He worked by the clock, and yearned to be his own boss. With a small amount of savings, he acquired his first rental property. Two years later, he was making more from his rentals than he was working 9 to 5, so he quit his day job to oversee his real estate investments. Today, he enjoys a multi-million-dollar collection of income-producing properties--and he's ready to share his money-making strategies so you can begin your own journey to career and financial independence.Two Years to a Million in Real Estateshows you everything you need to know, including how to Invest small amounts early-on while working a full-time job Avoid real estate "bubble" risks Get others to pay your mortgage for you Pick a hot property (and spot others that will become hot) Simplify the ins-and-outs of financing Negotiate like a pro Screen for reliable tenants Understand how local tenant laws work Hire good people to manage your properties Know when to sell

Author Biography

Matthew A. Martinez is the founder of the Boston Landlord and Investor Group, which now has more than 700 members. He has been profiled in national publications such as The Wall Street Journal and was named a CNN “Tycoon in the Making.”

Table of Contents

Acknowledgments	vii
Introduction	ix
1 Why Real Estate Is Better Than 9-to-5!	1	(10)
2 How I Did It: Primary Residence–Condo	11	(4)
3 First Income-Producing Property	15	(6)
4 Second Income-Producing Property	21	(4)
5 Third Income-Producing Property	25	(4)
6 Fourth Income-Producing Property	29	(4)
7 Finding the Deals	33	(16)
8 Evaluating the Deals	49	(14)
9 Financing and Acquiring the Deals	63	(22)
10 Tenants	85	(28)
11 Basic Tenant–Landlord Law	113	(18)
12 Property Management	131	(14)
13 Contractors and Property Maintenance	145	(8)
14 Your Team	153	(6)
15 Exit Strategy	159	(10)
16 How to Succeed in Today's Competitive Market	169	(12)
17 Leaving Your Day Job	181	(2)
Appendix A: More Quotes	183	(4)
Appendix B: Tycoon in the Making	187	(8)
Appendix C: Suggested Reading	195	(2)
Appendix D: Letters and Forms	197	(22)
Index	219