The Wall Street Journal. Complete Real-Estate Investing Guidebook

Wall Street Journal Guides

The Wall Street Journal. Complete Real-Estate Investing Guidebook

David Crook

- 3.6 • 38 Ratings

- $13.99

- $13.99

The conservative, thoughtful, thrifty investor’s guide to building a real-estate empire.

Profitable real-estate investing opportunities exist everywhere as long as you know what to look for and understand how to make prudent deals that transform property into profits. David Crook, of The Wall Street Journal, shows how to make safe and sane investments that ensure a good night’s sleep as your real-estate portfolio grows, your properties appreciate and your income increases. The Wall Street Journal Complete Real-Estate Investing Guidebook offers the most authoritative information on:

• Why real-estate investing is a great wealth-building alternative to stocks and bonds and why it’s crucial that you avoid get-rich schemes
• How to get the financing and make the contacts to get started
• How to start small and local, be hands-on and go step-by-step with a vacation home to rent out, a pure rental property or a small apartment building
• How to find and value great properties, do the numbers and ensure you have that beautiful thing called cash flow
• How the government blesses real-estate investors with tax breaks and loopholes, and how you can be one of the anointed
• How to deal with the nuts-and-bolts of being a landlord and have a strife-free relationship with your tenants

PUBLISHERS WEEKLY OCT 13, 2008

Crook, editor of the Wall Street Journal Sunday, offers a clear, no-holds barred look at the pros and cons of owning a home rather than renting one from a bank via a mortgage along with its ultimate costs. The author debunks popularly held views about the wisdom of viewing a home as a piggybank and how that can easily lead to financial disappointment. Owning a home is essentially an expense, he contends, providing repeated proof that few home buyers build accessible wealth through home ownership except in bullish real estate markets. His advice on making the purchase decision, especially in a weak housing market, along with how and when to use debt to do so, are invaluable. For those aspiring to own a home and those trying to manage the affordability of their biggest asset, this is a must read. It is applicable to home buyers and owners of all economic backgrounds, and in any phase of their financial life from the newly employed to the retired.

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