How to Make Money with Real Estate Options: Low-Cost, Low-Risk, High-Profit Strategies for Controlling Undervalued Property...Without the Burdens of O

by Thomas Lucier

Book Overview

Spend like a miser, profit like a mogul

Who says you have to spend money to make money?Savvy real estate investors follow the examples of Donald Trump and Walt Disney, turning substantial profits on properties without incurring the debt, risk, and maintenance costs of ownership--and now, so can you!

In How to Make Money with Real Estate Options, real estate expert Thomas Lucier introduces you to the low-risk, high-yield investment...

• Format: Paperback
• Language: English
• ISBN: 047169276X
• ISBN13: 9780471692768
• Release Date: February 2005
• Publisher: Wiley
• Length: 233 Pages
• Weight: 1.10 lbs.
• Dimensions: 0.6" x 7.6" x 9.4"

Customer Reviews

Money well spent

This is my second of many books by the author. I like the way the material is presented with no fluff or "bullspit" as he likes to call it. Everything I needed to know was in the book and has since been put to use. Many thanks to Mr. Lucier for not wasting my hard earned money and time as so many other so called experts have done.

A Great Primer and Bookshelf Reference for All

when i first started reading this book, i got all excited because it looked like it was gonna be filled with lots of "advanced" technical information that i can read, review, and research for more detail. i was right. i enjoyed this book from start to finish (even though it got a little slow for me somewhere in the middle, i understand that the basics must be included to appeal to a broader audience). one thing that i am all jazzed about that was mentioned in the book, but wasn't talked about in detail, was regarding the taxation of the option consideration. the option consideration is not taxable until the exercise of the option. now, with just this bit, you can get pretty creative. also, the author's keeps his promise to answer any technical questions via email or phone. now that's awesome!

Smart Strategy

I thought I understood the lease/option strategy and always avoided it because of the probability of violating the "due on sale" clause of mortgages. This book outlines a smarter strategy. Even better than providing merely the strategy, the book touches on the broader aspects of real estate investing...how to prospect for the right properties to target this strategy...how to analyze the value of the property...how to think outside of the box...etc. I especially appreciate how the author does not paint the pretty pictures of real estate investing you find in other books (and seminars). Real estate investing is hard work, not for the feint of heart. This book provides a great strategy for real estate investing, but ultimately puts responsibility for its success or failure on the investor.

Awesome Book!!

This is a straight forward no non-sense book. I have read so many books by people who seem like their more interested in motivating you too their $5,000 real estate seminar than to give you the information you need to make it in real estate. I have read two of Mr. Lucier's books one on pre-foreclosures, and the other on real estate options which I have highly recommended to people that I've been discussing real estate with. If you are sick and tired of wasting your hard earned money on books that just pump you up, but give you no substance then buy this book and find out of if you really have what it takes to invest in real estate options. Also I e-mailed Mr. Lucier some questions I had, and he e-mailed me back - with well thought out responses - 9 hours later! Now that's what I call customer service and someone who stands behind his work. Thanks again!

Experience shows through

I am a former real estate broker (6 years in California during the crazy years of 1977 through 1983) and this book by Thomas Lucier is one of the better I have read over the years. It gives much practical real world information and gives the novice investor and experienced investor a tool to improve their chances of success in the options and lease options world of investing in real estate. It is a seminar in a book. I highly recommend it for others. Bill