Download Be a Real Estate Millionaire: How to Build Wealth for a by Dean Graziosi PDF

By Dean Graziosi

ISBN-10: 1593154887

ISBN-13: 9781593154882

Be a true property Millionaire teaches you Dean Graziosi’s own options for turning genuine property losers into winners. detect the seven keys to unlocking hidden actual property values. discover ways to establish the 5 forms of genuine property markets and the correct approach for every. Take Dean’s industry research try out to figure out the character of your neighborhood actual property industry. know about Dean’s distinctive formulation for win-win-win actual property transactions and event how one can earn a living whereas supporting others become profitable, too. permit Dean proportion his suggestions and secrets and techniques for turning into a true property millionaire. learn and act on Dean’s recommendation and also you too becomes a true property millionaire.

What Dean will convey you're the steps to minimizing your possibility and maximizing your earnings in any genuine property industry. First, you want to comprehend the present genuine property cycle. moment, you need to observe the right kind technique to generate income in that cycle. it truly is that straightforward! You owe it to your self and your loved ones to a minimum of attempt. With Dean in your staff, convey the area your actual strength.

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Additional resources for Be a Real Estate Millionaire: How to Build Wealth for a Lifetime in an Uncertain Economy

Example text

By that afternoon, I agreed to buy the house for $525,000. I knew I was going to sell this house eventually, so I started some minor remodeling right away. Fortunately, this house was only a few years old, so it didn't need much. I painted the walls wirh warmer, traditional colors that weren't likely to date the house while giving it a fresh and more appealing BE A REAL ESTATE MILTIONAIRE 40 look. Beyond new paint and fixing the busted motor in the backyardJactzzi, I spent a minimal amount of money to prepare the house for eventual sale.

It was run-down when I purchased it, but I slowly renovated it, one apartment at a time. I ended up living in one apartment and worked at night to finish the rest. Eventually I got all of them rented, had a great positive cash flow each month, and lived for free the entire time. In- BE A REAL ESTATE MITTIOIIAIRE of spending money on my own home, I was able to use that money to buy and fix up more property. I lived in that aparrmenr until I moved into a new custom-built, four-thousand-square-foot home.

Residential properties are easier to purchase with little or no money down because banks and other lenders are more willing to extend credit to home buyers. In the unfortunate event that someone can no longer afficrd to make mortgage payments on their home (known as aforeclosurq which I'll tell you more about in Chapter 16), banks know that they can quickly get their money back by selling the foreclosed properry. Commercial properties usually require more money upfront because banks know that commercial properties are typically more difiicult to sell than residential properties.

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Be a Real Estate Millionaire: How to Build Wealth for a Lifetime in an Uncertain Economy by Dean Graziosi

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