Real Estate Investments and How to Make Them

by Milt Tanzer

Book Overview

The definitive guide to maximizing earnings in one of the nation's most lucrative fields. This revised and updated edition of the classic guide demonstrates how anyone can enter the world of real... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 013459777X
• Release Date: February 1997
• Publisher: Prentice Hall Press
• Length: 352 Pages
• Weight: 1.55 lbs.
• Dimensions: 9.0" x 1.0" x 7.3"

Customer Reviews

Good introduction

This is a beginning book on real estate investing. If you are already experienced in real estate, then this book might be a bit too simple. I really like the chapter on rules of thumb concerning capitalization rates, gross rent multipliers, and net operating income multipliers. Yes, all the properties are different, but it is nice to know the ranges, and that's why these rules of thumb come in handy. I was surprised that this book covered property types such as apartment complexes, hotels, office, mobile home parks, and shopping centers. For those of you that are not familiar with mobile home parks, they are incredible investments. And, no, you do not own the trailers. You only own the lot underneath. Renters own their trailers, and they are unlikely to default or leave because if they do, they will have to move the trailer, which costs a lot of money. - Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market

A Solid Book For The Intermediate Real Estate Investor

I like Milt's style. Direct and no hype. This is a good book for the real estate investor who has either read several books on real estate investment (especially the over-hyped no-money down types) and/or has begun a modest investment program and wants to go to the next level.I would not recommend this book for anyone who has already had substantial experience in real estate investment as many of the ideas that the author presents will seem overly simplistic.The author's assertion that the numbers work the same whether purchasing a smaller property or larger simply didn't ring true to me and don't bear out in the real world. There is a huge difference between investing in a 4-plex and a 40-unit apartment building.Nonetheless, it's a book worth reading and to refer back to.Edvard Redding RichardsAuthor of Fire Your IRA !

Great Book for the Beginner and/or First Timer Investor

After looking around for several years and trying to decide on exactly what venture I should go into I decided on real estate. I was browsing the shelves at Borders and just came upon this book. I picked it up and finished it in about 8 days. The book is written in a plain and practical manner. A very conversational style so that the author actually is speaking with you and not at you. The book offers some very practical, step by step suggestions that can be applied in real world situations. He provides numerous charts, graphs and tables that can be used when doing your property research. This can be applied to commercial and residential property. I am a total novice when it comes to real estate investing and I am actually thinking about getting my license here in NY. In addition to this book I would suggest that you read a few others just so you can get a well rounded idea of just exactly you might be getting into. The author does declare not to jump into things but once you find the right property - jump on it and go for it. Many a great deal have been lost due to fear and hesitation. I also highly suggest you read "Rich Dad, Poor Dad" and "The Richest Man in Babylon"

inspiring accurate informative

This book was lots of fun and informative also. I found it very readable and the author's system inspired me to refinance a property and use the money to purchase another property.

By far the best real estate investment book I've read

I've been reading many books on real estate investing and this is the one that stands above the rest. It is so complete with its range of info. If you are serious about putting some money into owning apartment buildings, i recommend reading this book to gain some confidence and rare information not presented in every other book. The best thing about this is that the author is not trying to sell you his seminar so there is no bull, like with the other books. It is straight forward while touching on every subject.