The Wall Street Journal. Complete Real-Estate Investing Guidebook by David Crook

2009 December 6

Author: David Crook
Paperback: 256 pages
Publisher: Three Rivers Press (December 26, 2006)
Language: English
ISBN-10: 0307345629
ISBN-13: 978-0307345622
Product Dimensions: 9.1 x 5.2 x 0.9 inches

The conservative, thoughtful, thrifty investor’s guide to building a real-estate empire.

Profitable real-estate investing opportunities exist everywhere as long as you know what to look for and understand how to make prudent deals that transform property into profits. David Crook, of The Wall Street Journal, shows how to make safe and sane investments that ensure a good night’s sleep as your real-estate portfolio grows, your properties appreciate and your income increases. The Wall Street Journal Complete Real-Estate Investing Guidebook offers the most authoritative information on:

• Why real-estate investing is a great wealth-building alternative to stocks and bonds and why it’s crucial that you avoid get-rich schemes
• How to get the financing and make the contacts to get started
• How to start small and local, be hands-on and go step-by-step with a vacation home to rent out, a pure rental property or a small apartment building
• How to find and value great properties, do the numbers and ensure you have that beautiful thing called cash flow
• How the government blesses real-estate investors with tax breaks and loopholes, and how you can be one of the anointed
• How to deal with the nuts-and-bolts of being a landlord and have a strife-free relationship with your tenants

“For clarity of style and reasonableness of approach to its subject, David Crook’s THE WALL STREET JOURNAL COMPLETE REAL-ESTATE INVESTING GUIDEBOOK may not have a peer in the realm of investing advice.

Crook shines an antiseptic light on the shadowy “get rich quick” hucksterism that has plagued the world of real estate investing as a byproduct of a long runup in prices, a phenomenon that has also accompanied strong bull markets in US stocks intermittently for two centuries. And he does much more: he introduces, in a genial and accessible style, the complex details of buying real property for profit, as opposed to simply watching your own home’s price rise and thinking of that as “investing.”

His discussion of taxes, a particularly convoluted and arcane - yet crucial - area, is logical and well organized.”
– J. E. Rexroth (Yonkers, NY USA)

Profit by Investing in Real Estate Tax Liens by Larry Loftis
The Pre-Foreclosure Property Investor’s Kit by Thomas Lucier

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