Buy Low, Rent Smart, Sell High

Rating:
Summary: A Great Strategy for Real Estate Investing
Review: This was just the book I was looking to find. I've been interested in learning more about real estate investing for some time, but hadn't found the right vehicle to teach me the nuances from an investment perspective (I've purchased homes for myself several times).

This book has just the right tone and is written at just the right level-not too basic, but not too intense. Their approach seems very sound and the authors walk you through each step of their multi-step approach to investing easily. Smartly, they teach you to remove the emotion from the buy sell/decision (unlike when you buy your own home).

The authors' unique strategy seems to be the multiple profit sources from their rent to purchase model. They identify 6 profit sources in their approach that should give a first time investor more protection than the more traditional approach of hoping to buy low and sell high. They take market timing out of the equation. In addition this strategy provides for security should economic or geographic factors affect one or two of the profit sources.

The book's approach seems "doable" for the part time investor which also makes the book of great value. It does not appear that one needs to be a rocket scientist, or give up their day job, to put the brilliance of this book to work.

It's an easy and quick read too, if you are like me, and fear buying treatises that you would never get through. I highly recommend this book.