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Posted March 12, 2011
At one time investing was easy as was getting a loan. With the downturn in the economy anyone with money has to be more creative than ever before. Kristie Lorette has researched the industry and is providing us options of investing equity as well as addressing issues that may occur.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Real estate investing at a low, which is now, is advisable. Lorette explains "Your ultimate goal when buying a real estate investment is to find a property that not only brings you cash flow, but also builds up equity."
Kristie Lorette's advice and information in this book is very timely. It covers all the basics which is ideal for the novice, but even those that already are investing will find it a good refresher. The two areas that I found of most interest to me are the sections on Private Mortgages, and, Home Improvements and Renovations. Improvements or renovations will increase the value of the property, however, it is imperative the expenses don't raise the property to the point that it becomes too high to sell in the current market.