So You Want to Be a Landlord: A Practical, No-Nonsense Guide to Buying, Selling, and Managing Low-Income Rental Property - Softcover

Margolis, Michael J.

Softcover

ISBN 10: 1490728325 ISBN 13: 9781490728322

Publisher: Trafford, 2014

Synopsis

It's no secret that the majority of wealth is tied to real estate. After experiencing success, my wife and I have become somewhat evangelical about real estate. Furthermore, this is a great way to build self-esteem, equity, and retirement for yourself and your family. If you're interested in a get-rich-quick scheme, put this book back on the shelf and pick up one of the many other books on the topic. I do not have seminars and progressive steps to my approach, at least not yet. What I have done, and my philosophy, is to provide a somewhat simple and realistic approach to property investing. Hopefully, you will see the benefit of property investing and try this on your own. Perhaps the greatest barrier to investing in property is overcoming fear. I am reminded of the Nike slogan from the eighties "Just do it". Whenever anyone incredulously asks me how I got into real estate, the simple answer is that I simply did.

About this title

About the Author

Since the purchase of his first multifamily apartment building in 2001 to present, Michael J. Margolis has successfully demonstrated how to identify, negotiate, purchase, manage, sell, and profit from low-income investment properties. In the course of five short years, Margolis grew his property ownership from four to fifty-two units throughout the Commonwealth of Massachusetts, a gain of better than 200 percent valuation. Recently married, and with the birth of his daughter, the initial idea was to purchase an investment property and use this investment to fund his daughter's college tuition. Realizing that this was an effective strategy toward not only saving money but building equity and income, Michael continued to convert his investment funds from the stock market to brick-and-mortar investments in the real estate market. Michael was born in Lynn, Massachusetts, and spent his childhood in the adjacent city of Peabody. After attending Allegheny College in Meadville, Pennsylvania, where Michael earned a bachelor of arts, he returned to Massachusetts where he began a career in sales. In 2001, Michael married his wife, Marla. Michael and Marla live in New Hampshire with their two young children.

About this edition

• Publisher: Trafford
• Publication date: 2014
• ISBN 10: 1490728325
• ISBN 13: 9781490728322
• Binding: Paperback
• Number of pages: 130