5 Magic Paths to Making a Fortune in Real Estate

A new and revised edition of the commonsense guide to real estate riches<br /> <br /> More and more people are discovering that real estate investing is a safe and affordable way to increase their cash flow and build lasting wealth. If you want to achieve financial freedom, then look no further. 5 Magic Paths to Making a Fortune in Real Estate reveals the proven real estate investment strategies that many of today’s millionaires used to make their fortunes. In fact, you don’t even need a lot of money to start investing and start putting cash in your pocket today!<br /> <br /> Real estate expert James Lumley offers simple, straightforward explanations of the most common and lucrative approaches to property investment–including fixer-uppers, lease/options, wholesales, buy-and-hold, and single-and multifamily rentals. You’ll understand all the basics of real estate and learn to use these five strategies to make a killing in any economy. Packed with new information–including sections on the IRS’s simplified tax exchange rules and the capital gains exclusion–5 Magic Paths to Making a Fortune in Real Estate will show you how to:<br /> * Find foreclosed, repossessed, or condemned properties<br /> * Research the markets and perform valuations<br /> * Determine what you can safely afford<br /> * Negotiate with sellers and buyers<br /> * Find the best financing terms, including seller financing<br /> * Price and perform money-making repairs<br /> * Work with agents and contractors<br /> * And much more!