Buying and Managing Residential Real Estate, 2nd Edition

Product Details

Bestselling author Andrew McLean completely updates his trusted classic to give you the latest in real estate investment information.

Updated with fifty percent all-new material to stay at pace with the industry, this trusted real estate classic by bestselling author Andrew J. McClean is the easy-use resource to fit all your residential real estate needs.From renting part of your home to purchasing multi-unit buildings, this practical guide takes you through every step of real estate investing. McLean helps you create a solid, realistic plan, whether you're looking to earn money in your spare time or make a full-time move into the real estate business.

Buying and Managing Real Estate will teach you how to:

• Finance your project without breaking the bank.
• Evaluate properties and negotiate great prices.
• Transform a "diamond in the rough" into a goldmine.
• Know which improvements to make--and which to avoid.
• Attract responsible tenants.
• Overcome burdensome inflation and taxes.
• Maintain and manage your property hassle-free.
• Make your investment grow, grow, grow!

Biographical Note

Andrew McLean, is the bestselling author of Investing in Real Estate, now in its fourth edition.

Table of Contents

• Preface.
• Introduction.
• Rules for Successful Real Estate Investing.
• Profitable Investment Strategies: How to Earn Great Returns on a Modest Investment.
• Key Guidelines for Making a Superior Realty Investment.
• Financing Real Estate: The Best Alternatives to Borrowing the Money You Need.
• Selecting the Best Professionals to Help You.
• The Sources: Where to Find Bargain-Priced Realty.
• Appraisals: Finding the Right Property at the Right Price.
• Negotiations: Principles and High-Powered Tactics for Real Estate.
• Fixing Up the Fixer-Upper.
• Managing Your Real Estate: Guidelines for Hassle-Free Operations and Optimizing Profits.
• How to Retire on Your Realty Investments.
• How to Avoid Paying Too Much in Taxes.
• Appendix: Useful Forms.
• Bibliography.
• Index.