Building Wealth One House at a Time: Making it Big on Little Deals
Author | : John Schaub |
Publisher | : McGraw Hill Professional |
Total Pages | : 242 |
Release | : 2004-12-31 |
ISBN-10 | : 9780071466493 |
ISBN-13 | : 0071466495 |
Rating | : 4/5 (93 Downloads) |
Book excerpt: 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