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Published:
December 30, 2024

Real Estate Investing For Dummies

Overview

Make smart decisions in any real estate market

Real estate is always on the radar of investors looking for growth opportunities. Real Estate Investing For Dummies is your no-nonsense guide to adding real estate to your own portfolio. Considered one of the most desirable investment types, real estate is a great way to build wealth—if you know how to navigate the challenges. This book teaches you how to enhance your income by buying investment properties. It includes help with building a plan for raising capital, finding properties with promise, and becoming a successful property manager. With tips on increasing property value and creating a real estate portfolio that matches your goals, this guide is a must for any would-be real-estate investor.

  • Understand the different types of real estate investment and build a team that will help you succeed
  • Finance your investments and locate properties that generate income
  • Learn how to research real estate investment opportunities and sell at the right time
  • Increase the value of your assets and become a property manager

This book is designed for real estate investing beginners who are eager to purchase property for the purpose of building wealth. Experienced investors will also love the portfolio-enhancing advice inside.

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About The Author

Eric Tyson, MBA, has shared his financial expertise in bestselling books like Personal Finance For Dummies and Home Buying Kit For Dummies. Robert S. Griswold, MSBA, CRE, CPM, is a successful real estate investor and property manager. He’s authored Property Management For Dummies and coauthored Landlord’s Legal Kit For Dummies.

Sample Chapters

real estate investing for dummies

CHEAT SHEET

Real Estate Investing For Dummies covers tried and proven real estate investing strategies that real people, just like you, use to build wealth. Investing in real estate isn't rocket science but does require doing your homework. So if you were expecting to turn into an overnight multimillionaire then you're not in the right place — but if you're searching for a solid long-term investing strategy and the tools to get you there then Real Estate Investing For Dummies is the right book for your needs.

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Articles from
the book

Many real estate infomercial and seminar gurus make it sound really easy for anyone to make a fortune in real estate overnight. Buying foreclosures or properties with no money down can provide handsome returns, and there’s no doubt that the acquisition of real estate below its intrinsic value enhances your chances of financial success.
You can receive a return on your real estate investments basically in four ways — cash flow, equity buildup from loan paydown, tax benefits, and property appreciation. A great aspect of real estate is that you can buy properties according to your particular financial and personal needs. Different properties are geared more toward achieving one of these types of return than another.
Many real estate investors pick inspectors as an afterthought or simply take the recommendation of their real estate agent. But inspect the property inspectors before you hire one. As with other service professionals, interview a few inspectors before making your selection. You may find that they don’t all share the same experience, qualifications, and ethical standards.
Real estate investment trusts (REITs) are for-profit companies that own and generally operate different types of property. The options for REIT investments are extremely broad and cover virtually every type of real estate. You can choose your favorite REIT from the following property types: Office: Ranging from Class “A” urban skyscrapers to single-story or low-rise suburban Class “C” buildings Residential: Apartments, student housing, manufactured homes, single-family homes Retail: Regional malls, outlet centers, grocery-anchored shopping centers Industrial: Warehouses, distribution centers Lodging: Hotels, resorts Healthcare: Hospitals, medical/dental office buildings, senior living facilities, skilled nursing and memory care facilities Self-storage Cell towers Other rental income properties, even timberlands These property-holding REITs (see the following figure) are known as equity REITs.
Real Estate Investing For Dummies covers tried and proven real estate investing strategies that real people, just like you, use to build wealth. Investing in real estate isn't rocket science but does require doing your homework. So if you were expecting to turn into an overnight multimillionaire then you're not in the right place — but if you're searching for a solid long-term investing strategy and the tools to get you there then Real Estate Investing For Dummies is the right book for your needs.
Many people get into the world of rental real estate without knowing how much risk they’re exposed to just by owning real estate. You may read stories in the newspaper about lawsuits against deep-pocket defendants without much personal concern, but it’s a reality check when you’re suddenly considered to be the one with those deep pockets.
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Frequently Asked Questions

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