- Paperback: 352 pages
- Publisher: McGraw-Hill Professional (1 Nov 2003)
- Language English
- ISBN-10: 0071426701
- ISBN-13: 978-0071426701
- Product Dimensions: 23.1 x 15.3 x 2.6 cm
- Amazon Bestsellers Rank: 589,738 in Books (See Top 100 in Books)
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Product Description
Product Description
This is a real estate investing book based on hard facts and market realities - instead of outdated economics and wishful thinking. Through stock market tumbles and downsizing disasters, real estate has continued to prove its value as a rock-solid financial investment that anyone can profit from. Now "Investing in Real Estate with Other People's Money" introduces you to literally hundreds of up-to-date, common-sense techniques you can use to build impressive real estate wealth - while putting little of your own money on the line. Author and real estate pro Jack Cummings has spent four decades showing real estate novices how to combine easily-available information with their own initiative to achieve financial freedom in real estate.In "Investing in Real Estate with Other People's Money", Cummings puts you on the road to becoming a 'real estate insider' by providing you with: strategies for recognizing - and beating other investors to - low-risk opportunities; proven, step-by-step techniques for finding new uses for tired old properties; and, methods for always making a profit, even when you sell for less than you paid! Real estate is one of the last areas where anyone, regardless of their background or education, can start from nothing and build solid, long-term wealth. Look to "Investing in Real Estate with Other People's Money" for real-world, no-nonsense techniques you can use to create a lasting financial legacy - one property at a time.
From the Back Cover
A Real Estate Investing Book Based on Hard Facts and Market Realities--Instead of Outdated Economics and Wishful Thinking
Through stock market tumbles and downsizing disasters, real estate has continued to prove its value as a rock-solid financial investment that anyone can profit from. Now Investing in Real Estate with Other People's Money introduces you to literally hundreds of up-to-date, common-sense techniques you can use to build impressive real estate wealth--while putting little of your own money on the line.
Author and real estate pro Jack Cummings has spent four decades showing real estate novices how to combine easily-available information with their own initiative to achieve financial freedom in real estate. In Investing in Real Estate with Other People's Money, Cummings puts you on the road to becoming a "real estate insider" by providing you with:
- Strategies for recognizing--and beating other investors to--low-risk opportunities
- Proven, step-by-step techniques for finding new uses for tired old properties
- Methods for always making a profit, even when you sell for less than you paid!
Real estate is one of the last areas where anyone, regardless of their background or education, can start from nothing and build solid, long-term wealth. Look to Investing in Real Estate with Other People's Money for real-world, no-nonsense techniques you can use to create a lasting financial legacy--one property at a time.
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:
3.2 out of 5 stars (5 customer reviews)
22 of 24 people found the following review helpful:
3.0 out of 5 stars
3 1/2 stars, 11 April 2004
By J. Daily - Published on Amazon.com
This review is from: Investing in Real Estate With Other People's Money: 100s of Insider Strategies for Turning a Small Investment into a Fortune (Paperback)
One reviewer obivously stopped reading. Yes Jack Cummings has a chapter on cosigning and one on borrowing against a life insurance policy, but he also has 38 other chapters on very creative ways to finance real estate. But lets face it, these books are written for novices, so cut him some slack. He's covering all bases. And there are a one or two other just as cheesy ones such as chapter 37, "The Root Beer Float" (And in fact, this type of advice is why I didnt rate the book higher - but if you can gleen a couple of ideas to use then I feel a book is worth it). Every type of financing one could think of is covered in this book from syndication to yes, using a family cosigner. Each idea also includes possible pitfalls. I rate this book 3 1/2 stars and feel it is a solid purchase.
21 of 23 people found the following review helpful:
5.0 out of 5 stars
THE best I've read, and I've read many, 26 Oct 2004
By TexanInWashington - Published on Amazon.com
This review is from: Investing in Real Estate With Other People's Money: 100s of Insider Strategies for Turning a Small Investment into a Fortune (Paperback)
I've bought many expensive courses and books on real estate investing, from the late-night TV guru to classic books on the subject. They all have some valuable information, BUT I WOULD TRADE HAVING BOUGHT THEM ALL IN FAVOR OF THIS ONE LITTLE BOOK UNDER $20. Whereas many real estate experts turned authors would have you believe that their courses give you tricks and secrets to wealth that you won't find anywhere else, Mr. Cummings explains in detail how all of these methods of finance are used all the time in real estate and are the foundations of amazing fortunes through property. Each technique is explained with examples, benefits, and potential pitfalls, each over the course of four to five pages. You can read this book in short snippets and walk away mentally charged with the possibilities or more likely get engrossed in the reading and not break for 100 pages. This isn't pie-in-the-sky, might work for somebody else stuff. This is how it's done all the time by the people that know how to maximize their return while minimizing their risk. I'm an avid reader and for books on financial success, I would place this book at number 2 on the must-read list, right behind Robert Kiyosaki's Rich Dad, Poor Dad. That book tells you why you must turn to property. This book tells you how to do it. I can't recommend it highly enough! Great, great book! By the way, any reviewers thinking the use of OPM (other people's money) to buy property is only useful if you just crawled out of a cave or just landed on earth must have paid all cash for their houses, otherwise, they used OPM. Any kind of financing IS the use of OPM!
13 of 19 people found the following review helpful:
5.0 out of 5 stars
Investing in less then a week-Great book with Excellent INFO, 28 Nov 2003
By Nielubie "nielubie" - Published on Amazon.com
This review is from: Investing in Real Estate With Other People's Money: 100s of Insider Strategies for Turning a Small Investment into a Fortune (Paperback)
I read this book in less then a week and I am already putting together a purchase proposal following this books examples. It has many great ideas and explainations of how to flip properties, using first and second mortgages to benefit you, using home equity, taking a mortgage from the seller when they have 100% equity. I have been a minor in real estate for a few years, but this book has opened my eyes to new ways and techniques that I wish I knew many years back. Jack Cummings is a great author, easy to read and follow. Nice short chaperts.
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