Building Big Profits in Real Estate: A Guide for the New Investor

Building Big Profits in Real Estate: A Guide for the New Investor

by Wade Timmerson, Suzanne Caplan




Everyday, people just like you have a real chance to make serious money in real estate. All it requires is the discipline to purchase good property and the motivation to make new purchases that will create growing equity. Filled with in-depth insights and practical advice, Building Big Profits in Real Estate will show you the right way to invest in real estate.

A successful stock market investor may need to perform extensive research to make a profit, but becoming a successful real estate investor can be more complex and far more hands-on, especially when you're just getting started. The good thing about real estate is that it offers more security as well as greater upside potential than any other investment—mainly because the value of property never goes to zero (unlike some recent stocks) and real estate prices often continue to go up even when general economic conditions are soft.

Building Big Profits in Real Estate focuses on the sound strategies that everyone needs to understand before they invest in real estate. It covers important topics, such as analyzing markets, financing your projects, purchasing rental property, managing a real estate portfolio, finding new ways to invest, and understanding wholesale markets. It also reveals some of the most overlooked opportunities in the real estate market, including Section 8 rentals, wholesaling properties, and selling houses on a rent-to-own basis.

Product Details

ISBN-13: 9780471646907
Publisher: Wiley
Publication date: 05/14/2004
Pages: 272
Product dimensions: 6.06(w) x 9.06(h) x 0.76(d)

About the Author

Wade Timmerson is a Pittsburgh, Pennsylvania native who, after a brief semi-pro basketball career and a short-term corporate job, began working in real estate, which he has done for the past eight years. He currently owns companies focusing on buying and selling property, and private money lending. In addition, he has started a seminar and audiotape program. Among his accomplishments, he has completed over 600 transactions; has amassed a real estate profile valued at more than $5 million; has helped finance more than 400 investment properties in the Pittsburgh area; and has helped more than 100 families of limited financial resources become first-time homeowners.
Suzanne Caplan is a partner in a real estate training program and is a national speaker on business success. She has owned several businesses in Pittsburgh and is now a consultant to other closely held companies. She is the author of nine previous books.

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Table of Contents



Chapter 1: Stranger in a Strange Land.

Chapter 2: Different Players, Different Games.

Chapter 3: Show Me the Money.

Chapter 4: Retailing.

Chapter 5: Landlording.

Chapter 6: Section 8 Rentals.

Chapter 7: The Wholesale Game.

Chapter 8: Doing Well by Doing Good.

Chapter 9: One Man’s Misery.

Chapter 10: Locating the Hidden Seller.

Chapter 11: Going for Broke.

Chapter 12: Finding Qualified Contractors.

Chapter 13: Appraisers, Agents, and Other Professionals.

Chapter 14: The Closing Process.

Chapter 15: Keeping the Score.

Chapter 16: Know When to Hold Them and Know When to Fold Them.

Chapter 17: Building an Empire.

Chapter 18: Follow Your Gut.



Beginner’s Tool Kit.

Appendix I—Landlording.

Appendix II—Retailing.

Appendix III—Rent to Own. Index. 

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