A step-by-step guide to developing cash flow and long-term wealth in real estate with little or no money down Real Estate Millions in Any Market identifies and explains, in easy-to-understand language, the most innovative techniques that can be used in any market condition or geographic area to create a fortune, buying and selling real estate with little or no money down. This book specifically identifies and explains the revolutionary resources that are available to assist buyers and sellers in obtaining substantial profits, while debunking many of the myths and schemes that have given "low-down investing" a questionable reputation. Opening with a brief overview of real estate wealth-building, this thorough guide moves into advanced methods and actual examples of cash-producing and wealth-building transactions that are used by investors, ranging from the first-time homebuyer to the astute real estate professional. More than a "how to" book, Real Estate Millions in Any Market guides the reader through a three-part, fast-paced, knowledge- and strategy-building process of: Recognition of Opportunity, Identification of Methods and Techniques, and finally, Implementation of Action.
Every chapter contains checklists, worksheets, forms, and reference data that helps readers put to work the dynamic methods essential to crafting their own wealth-building process. Terry Eilers (Yuba City, CA) is a nationally known real estate expert, bestselling author, and seminar instructor who has not only developed and utilized successful, creative buying and selling techniques for over 25 years, but has also trained nearly a million investors, buyers, sellers, real estate licensees, and marketing professionals worldwide.
PART I: AN OVERVIEW OF YOUR WEALTH-BUILDING PROCESS.
CHAPTER 1: Identify Exactly What You Want to Achieve.
CHAPTER 2: Taking Inventory of Your Personal Resources.
CHAPTER 3: The Basic Education?What You Really Need to Know.
PART II: THE COMPONENTS NECESSARY FOR IMMEDIATE AND LONG-TERM REAL ESTATE WEALTH.
CHAPTER 4: How You Make It All Work.
CHAPTER 5: Establishing Yourself as a Professional Investor.
CHAPTER 6: Analyzing the Marketplaces.
CHAPTER 7: Understanding Comparable Values Before You Begin the Property and Seller Searches.
CHAPTER 8: Using Income to Value Investment Properties.
CHAPTER 9: Finding Great Bargain Properties Using Traditional Methods.
CHAPTER 10: How to Maximize Your Use of Internet Investment Opportunities and Other Information.
CHAPTER 11: Successful Negotiation Techniques?How to Create Win-Win Transactions.
CHAPTER 12: Viewing and Inspecting Properties.
CHAPTER 13: Four Favorite Creative Low-Down or No-Down Investment Techniques for Any Market.
CHAPTER 14: Six More Creative, Seller Participation Low-Down or No-Down Investment Techniques.
CHAPTER 15: Closing the Transaction.
CHAPTER 16: Property Management?The Simple Approach.
CHAPTER 17: Institutional Lending?General Information.
BONUS CHAPTER: Letters and Dialogues for Successful Contacts.
PART III: CREATING YOUR OWN PLAN FOR SUCCESS.
CHAPTER 18: Structuring a Personal Strategy.
APPENDIX A: Real Estate Purchase Agreement.
APPENDIX B: Addendums to Real Estate Purchase Agreement.
APPENDIX C: Counteroffer.
APPENDIX D: Property Inspection Form.
APPENDIX E: Seller Disclosure Statement.
APPENDIX F: Cost Analysis of Property Reconditioning.