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Building Real Estate Riches

Building Real Estate Riches

List Price: $16.95
Your Price: $11.53
Product Info Reviews

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Rating: 3 stars
Summary: 3 1/2 stars
Review: This book offers a solid overview of how to "build" equity in your house, then sell after a couple of years and move into the next house you've built, and so on until you own your fourth (or so) mortgage free. Even build rental houses and own them for below market prices. This is basically what builders do.

There is some very good advice on choosing a buildable lot and "value engineering" or how to design the home to get the most for your money.

He covers good, basic tenets such as borrowing ideas from plans, model homes, and other houses already built so you can incorporate successful ideas already implemented. His reasoning being you cant come up with a new idea in home design anyway, and you dont want to for resale purposes (you dont want the only house with your different design elements on the block - it will hinder resale.)

Rating: 3 stars
Summary: 3 1/2 stars
Review: This book offers a solid overview of how to "build" equity in your house, then sell after a couple of years and move into the next house you've built, and so on until you own your fourth (or so) mortgage free. Even build rental houses and own them for below market prices. This is basically what builders do.

There is some very good advice on choosing a buildable lot and "value engineering" or how to design the home to get the most for your money.

He covers good, basic tenets such as borrowing ideas from plans, model homes, and other houses already built so you can incorporate successful ideas already implemented. His reasoning being you cant come up with a new idea in home design anyway, and you dont want to for resale purposes (you dont want the only house with your different design elements on the block - it will hinder resale.)

Rating: 5 stars
Summary: A Book To Study
Review: Whether you are just starting out or have years of experience in owning real estate, this book teaches a lot of valuable lessons. The chapter on Value Engineering really opened my eye about cost savings. And I found the check lists vry helpful in trying to anticipate all the potential problems associated with building your own home or investing in rental properties. If your are not in the building business, this is a must read before venturing into home investment.


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