Buy Low, Rent Smart, Sell High: Real Estate Investing for the Long Run

by Scott Frank and Andy Heller

Book Overview

Like investing in the stock market, making a profit in real estate is about buying low and selling high. In this book Andy Heller and Scott Frank outline a proven real estate investing programme that... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0793177561
• ISBN13: 9780793177561
• Release Date: October 2003
• Publisher: Dearborn Trade
• Length: 214 Pages
• Weight: 0.90 lbs.
• Dimensions: 0.5" x 7.3" x 9.0"

Customer Reviews

A Great Strategy for Real Estate Investing

This was just the book I was looking to find. I've been interested in learning more about real estate investing for some time, but hadn't found the right vehicle to teach me the nuances from an investment perspective (I've purchased homes for myself several times). This book has just the right tone and is written at just the right level-not too basic, but not too intense. Their approach seems very sound and the authors walk you through each step of their multi-step approach to investing easily. Smartly, they teach you to remove the emotion from the buy sell/decision (unlike when you buy your own home). The authors' unique strategy seems to be the multiple profit sources from their rent to purchase model. They identify 6 profit sources in their approach that should give a first time investor more protection than the more traditional approach of hoping to buy low and sell high. They take market timing out of the equation. In addition this strategy provides for security should economic or geographic factors affect one or two of the profit sources. The book's approach seems "doable" for the part time investor which also makes the book of great value. It does not appear that one needs to be a rocket scientist, or give up their day job, to put the brilliance of this book to work. It's an easy and quick read too, if you are like me, and fear buying treatises that you would never get through. I highly recommend this book.

Great book for mid/long term Real Estate investors

This is a handbook for Real Estate investors. Lots of useful tips and examples and an honest and fair way of doing business.I found very useful the real life cases and the examples of contracts, letters, and way of working with the lease/purchase model.

Practical tips to succeed with real estate

I found the book simple to read and simple to follow. There are enough "sample" documents to allow for a quick start. For me, the real life examples throughout showed exactly how each suggestion can play out ... and that gives me more confidence that the strategy works. I think these guys are onto something, beyond the "no money down" b.s. After reading the book, I feel like I really know them and am anxious to try it out. This actually may be the way to make some real money.

Great way to get into real estate investment

I've been reading books geared towards the real estate investor for the last couple of years and this book ranks at the top of the list. It's complete covering everything from legal to marketing to finance yet it also is remarkably easy to understand and navigate. This isn't just another dry text nor is it a stripped down real estate for dummies. The book does a great job of outlining real-life examples and bringing home exactly how to execute the authors' investment strategy. My only complaint is I wish this had been published a couple of years ago.

proven technique that works for me !

I have sucesfully applied the lease/purchase option during the last 6 years on 5 houses. One of the authors ( Andy Heller)showed this technique in the mid 90's to me and it really works for me! The atraction lies in the fact that you make money with a minimum of headaches and still it is a win/win/win situation. I have 4 happy families that were finally able to obtain their own house. I made good money on these propetries and the neighbours of these families are still greatfull for fixing the eysores in the street.If you want to make decent money without taking advantage of people and still enjoy a stress-less realestate live in doing so, this technique is wonderfull and makes the book a must.I did it partime and so can you ! Thank you Andy and Scott !Hans van der KolkPalmetto, Florida