Untapped Riches: Never Pay Off Your Mortgage -- and Other Surprising Secrets for Building Wealth

Cutaia, Susan; Cutaia, Anthony; Slater, Robert

ISBN 10: 0814473962 / ISBN 13: 9780814473962

Published by AMACOM/American Management Association, 2006

About this Item

Edgewear. Underlining. Most people believe they lack the capital required for serious wealth-building, unwittingly tying up money in equity they could be investing elsewhere for greater return. "Untapped Riches" offers 40 wealth-building and wealth-protection strategies, flying in the face of conventional wisdom to argue that there is both good and bad debt - and that the former is essential to generating cash flow and building significant wealth. This valuable, empowering book shows how anyone can get the cash they need, and use it to make a radical difference in their financial health.

Seller Inventory # 001642

Bibliographic Details

• Title: Untapped Riches: Never Pay Off Your Mortgage -- and Other Surprising Secrets for Building Wealth
• Publisher: AMACOM/American Management Association
• Publication Date: 2006
• Language: English
• ISBN 10: 0814473962
• ISBN 13: 9780814473962
• Binding: Trade Paperback
• Condition: Good
• Seller catalogs:
  • Business & Economics
  • Personal Finance

About this title

Synopsis

Why do some folks get rich while others just get by? The biggest stumbling block for most people is believing they lack the capital required for serious wealth-building. Untapped Riches dispels this myth. This remarkable book reveals that most homeowners are in fact sitting on "untapped riches." Working diligently to pay down mortgages, they are unwittingly tying up money in equity they could be investing elsewhere for greater return.

Offering 40 wealth-building and wealth-protection strategies, many of which fly in the face of conventional wisdom, Untapped Riches will change how readers think about borrowing money, investing, and mortgages. Challenging the idea that it is more financially sound to be debt-free, the authors believe that there is both good and bad debt -- and that the former is essential to generating cash flow and building significant wealth. Real estate tycoons know it’s all about leverage. Now, the authors, who made their own fortune in real estate, show how anyone can get the cash they need, and really put it to work.

About the Author

Anthony Cutaia has more than 30 years of experience in the financial markets. He began his career as a stockbroker, investment advisor, and a real estate developer, with a portfolio in excess of $120 million. He is a Realtor, mortgage broker, and member of the national Federation of Mortgage Brokers. Susan Cutaia is a mortgage broker. Together, they run the Cutaia Mortgage Group, Inc., and host a weekly television program called Talk About Mortgages and Real Estate. Broker Magazine rated them number one in Florida for generating the most real estate revenue. They live in Boca Raton, Florida.