Making Big Money Investing in Real Estate: Without Tenants, Banks, or Rehab Projects

by Peter Conti, David M. Finkel

People who have followed the authors’ model have bought and sold more than $100 million in real estate over the past ten years.

Making great deals in real estate is one of the surest paths to financial and investment success. But with real estate, it’s all too easy to get bogged down with concerns about rehabbing, tenants, or bank financing. While the standard methods of investing-flipping, rehabbing, and landlording-can be effective, alternative strategies can create a much quicker positive cash flow.

In Making Big Money Investing in Real Estate without Tenants, Banks, or Rehab Projects, successful real estate investors Peter Conti and David Finkel share the money-making secrets of purchase option investing. There are numerous ways to invest using creative financing deals with little or no cash down. The co-authors’ field-tested tactics have worked for people from all walks of life-from stay-at-home moms to entrepreneurs. "If they can do it, you can do it," say the authors. They prove their point when sharing nearly 30 success stories and case studies.

Taking readers step-by-step through their model, the authors offer strategies and techniques, explaining what to do and how to do it. They share detailed checklists, marketing pieces, scripts, and forms-everything that investors will need to be successful. Each chapter is packed with proven advice for any reader who wants to:

• Negotiate the best price-including the actual wording that makes sellers say "yes."

• Overcome seller objections and close a deal.

• Build an escape hatch and otherwise lower risks.

• Buy property without ever talking to a banker.

• Sell for top dollar through rent-to-own deals.

Genres: Business

256 pages, Paperback

First published May 10, 2002

Reviews

[Robert K · Rating 1 out of 5]

This is not the worst book, so 1 star might not be fair, but having read a lot of real estate books, this one brought nothing new. It also is in the cheerleader category of investing books, making big promises without much talk of risks, and not going in to much detail on analysis.

[Johnny Galt · Rating 3 out of 5]

I have read a couple of these now and each one that I read makes the whole concept easier to digest. This one, apparently, is written by the leaders in the discipline. The book is easy to read with lots of easy examples and easy numbers financial info.

[Bill · Rating 5 out of 5]

One of the best on lease option investing!