The Real Estate Investing Answer Book tackles the most important questions someone thinking about investing in real estate should have answered. Topics discussed include:
-How do I convince my friends/relatives this is the right investment for me?
-Financial requirements
-Can I make a profit?
-What's the best kind of property for investment
-Working with "partners"
-What people will I encounter in my investments?
-Finding property
-Can I tie up property while I think about buying it?
-How much should I pay?
-Preparing an offer
-Earnest money
-What do I do if the other side makes a counter-offer
-Contingencies—back doors to get out of a contract
-Due diligence—avoiding surprises
Financing
-Being a landlord
-Flipping
-Development
-How can I protect my investments
-Can I sell property without paying any income taxes
-Record keeping
-Worst case scenario
