The Beginner's Guide to Real Estate Investing

by Gary W. Eldred

Book Overview

Start making money today--with the ultimate guide for first-time investors

No matter what the market does, real estate stilloffers plenty of money-making opportunities. In this new edition of The Beginner's Guide to Real Estate Investing, Gary W. Eldred presents the toolsand knowledge new investors need to get started profitably. Packed with smart money-making strategies and real-life stories from successful investors, this...

• Format: Paperback
• Language: English
• ISBN: 047018342X
• ISBN13: 9780470183427
• Release Date: March 2008
• Publisher: Wiley
• Length: 320 Pages
• Weight: 1.24 lbs.
• Dimensions: 0.7" x 7.5" x 9.1"

Customer Reviews

Solid Basic Information

Eldred presents solid information on the topics he promises to discuss: how to find ways to pay for real estate, how to evaluate a good opportunity, not just by knowing your local market, but by doing the math, how to negotiate and write a good deal, and some basic tips toward "landlording". The writing is clear and to the point, not larded with "fluff" and stories. I borrow some books on the subject from the library. This one I own.

I own the 2nd Edition 2008 version

I am a brand new investor, investing in real estate in the Miami-Dade/ Broward County areas. I have read several articles on real estate and also have listened to CD's on wholesaling, foreclosures, and other such topics. This is the first actual book I have read on any real estate subject. I have found that this book has been very easy to follow and comprehend. The author is really informative and not only discusses how he invests, but he gives voice to alternatives. I have been attending the local real estate investor's meetings, so with my limited knowledge, I can ascertain that the author is in fact a professional in this field and not just another person trying to become a millionaire by repeating techniques that (he) hasn't utilized, himself. I recommend this book to all real estate investors that are just beginning in this field. This book does not go into step by step detail on how-to do certain deals, however, it gives an overall understanding, for the beginner to better make a decision on which area of real estate they would like to invest in. I, myself have now narrowed my interest parameters to other subjects that I was not interested in prior to reading. Overall I give this book, 5 stars. It sets a higher bar for any book that I read hereinafter.

Fantastic introduction to the business of Real Estate Investing

Gary Eldred's book, The Beginner's Guide to Real Estate Investing, provided for me a broad and comprehensible introduction to the world of the Real Estate business. From loans to Land lording, Mr. Eldred introduces techniques, formulas and a wealth of resources to help you find money, calculate risk and profit, maximize your investment and create wealth through an honorable, ethical and respectful business practice. I highly recommend this book to the beginners and the veterans alike.

Helpful guide for beginners

I'm a real estate agent, and I found this book easy enough for me to explain some basic concepts of real estate investing to some of my clients. This is basic, however, and that's fine for most people who has an agent. If you are serious about becoming a professional full-time investor, I would suggest you arm yourself with several books before plunking down cold hard cash on a property - books on selecting properties good for investing, finding other investors, how to buy properties, how to sell properties, flipping homes, real estate auctions, prepping homes for sale, home renovations that would help maximize the sale of a property, rental, etc. There are lots to know about real estate investment, and this book tries to cover the surface of it. Good reference for just beginning.

Gigantic value

Usually, when I buy an "intro to the subject' book I seem to find a general guide of (almost) obvious dos and don'ts. Not this book. It covers the territory of real estate investing with dozens of specific pointers backed up with examples. Great detail on financing, buying at a bargain price, and increasing the value of a property. Easy-to-read writing style plus lots of whitespace, headings, and boxed major points for quick scanning. All in all a gigantic value for a mere $10 or $11 bucks. I think even pros (as well as first-timers) could profit by reading this info-packed "how to" guide.