|About the Book|
“One of the best real estate books... The author invests in the tiny town of Marshall, Minn., where he has developed real estate investment principles that are applicable nationwide. If Jorgensen can succeed in his small town, anyone can.” –RobertMore“One of the best real estate books... The author invests in the tiny town of Marshall, Minn., where he has developed real estate investment principles that are applicable nationwide. If Jorgensen can succeed in his small town, anyone can.” –Robert Bruss, Tribune News ServicesTo the question, Is it possible to build wealth in todays real estate market? veteran investor Richard Jorgensen answers with an emphatic Yes!He backs that up with this realistic, hard-nosed real estate investment program designed to propel novices and pros to financial independence via savvy rental housing management, including:* The one mistake even experienced real investors make (the answer might surprise you…)* A “sneaky secret” to positioning yourself in your community for the most lucrative deals.* The ugly truth behind all “get rich schemes” involving real estate.* The five biggest mistakes most people make getting into this business.* Why the real estate doomsday myths pushed by so many experts is dumb, dumb, dumb...* The “down and dirty” guide to managing your tenants.* How to market your property so it’s “invisible” to deadbeat tenants, but stands out like a shining beacon to excellent tenants who pay their rent on-time, each and every month…* The almost magical motivational secret of “Converting Your Mental Castles into Reality”…* The $2 item you can buy at Walmart that will instantly guarantee you’ll make better investments.* How to avoid the horrible mistake most investors make with when choosing a realtor.* The definitive answer to “Is it really possible to get started with no money down?”* The very best kind of seller… they are literally waiting to hand you’re their property!* The 3 questions you must ask yourself in analyzing any deals…* The real secret to turning your real estate investments into a tax shelter…* The 5 “cheapskate” ways to find quality building materials to renovate your properties… for pennies on the dollar.* A hidden asset that can get you started investing immediately -- even if you have zero cash, terrible credit and the banks won’t touch you with a 10-foot pole.* The one kind of mortgage that will “murder” your returns.* 11 easy ways to cut operating expenses and maximize cash flow.* The 9 secrets to finding hidden wealth in local real estate, and the 24 things you must avoid like the plague.In this newly updated 3rd edition e-book, Jorgensen covers every aspect of the land-lording process, from the basics of buying, finances, tax matters, and sweat equity to managing fixer-uppers, handling the crucial tenant-landlord relationship, and finding hidden gems in rural real estate.Jorgensen even provides real numbers from his personal investments -- giving readers a rare direct look at a professional investors decision-making process, expenses and profits.