Building Wealth One House at a Time: Making it Big on Little Deals

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9780071448352: Building Wealth One House at a Time: Making it Big on Little Deals

Strategies for creating real estate wealth by star ting small--and always making the right moves

Nationally known real estate expert John Schaub learned his craft in the best way possible--on the job, and through every kind of market. Over three decades, he learned to bank consistent profits as he built an impressive real estate mini-empire. Building Wealth One House at a Time reveals how virtually anyone can accumulate one million dollars worth of houses debtfree and earn a steady cash flow for life.

Unique in that it focuses on buying houses in good-quality neighborhoods, Schaub's nine-step program includes:

  • Renting to long-term tenants, with financial incentives to pay on time
  • Avoiding the temptation of bigger deals, which invariably include bigger problems
  • A 10-year plan to pay off debt and own houses free and clear

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From the Back Cover:

“John Schaub is the only real estate guru I know who has survived and prospered for 30 years in this wild and wooly market.”-Mark Skousen, Ph.D., Adjunct Professor of Economics, Columbia University, and Editor, Forecast and Strategies

The key in owning investment real estate is buying good houses in good neighborhoods. By learning to buy at wholesale prices, fund your down payment, and attract tenants that will pay off your loans and improve your property value, you can immediately begin to increase your wealth. In Building Wealth One House at a Time, real estate expert John Schaub shows you how to

  • Accumulate a million dollars in free and clear high quality houses that will provide cash flow for life
  • Be Your own boss, set your own hours, and have both financial and personal freedom
  • Buy the right houses on the right terms, and then rent them to good tenants who will pay off your debt

Building Wealth One House at a Time will have you ready to buy the right house, resell in a hurry for guaranteed profits, and create financial independence on your own terms.

About the Author:

John W. Schaub is a nationally recognized real estate investing expert. He teaches his program for buying and managing single-family houses through seminars and home-study courses and writes the newsletter Strategies and Solutions.

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Book Description McGraw-Hill, 2005. Book Condition: New. Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: A realistic program for buying your first income property today--and becoming financially independent tomorrowHouses can make you more money than any other investment--safe money, dependable money, lifetime money--and "Building Wealth One House at a Time shows you how to get started. Steering clear of pie-in-the-sky ideas and unrealistic techniques, this no-nonsense guide outlines a sensible, step-by-step program you can use to buy one, then ten, then unlimited houses--and provide yourself with debt-free cash flow for life." From finding the right house and seller to using Schaub's "10/10/10 Rule" to ensure you make money on each purchase, "Building Wealth One House at a Time will give you the knowledge you need to: Target and buy houses that good renters want, then own a dozen or more free and clear within a few years Get deep discounts by buying houses in pre-foreclosure or foreclosure Diversify your portfolio, relying on some houses for cash flow and others for appreciation By this time next month, you could own your first income property. But it's up to you to make the first move. "Building Wealth One House at a Time will show you how to make your real estate dream a reality, by getting in on one of today's most low-risk, high-return investment opportunities--owning houses. Bookseller Inventory # ABE_book_new_0071448357

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