THE follow-up to the best-selling Rich Dad, Poor Dad, this book is written as a guide for you to find the financial fast track that best works for you. It is not about getting rich quick. It is about a way of thinking and educating yourself in the direction you want your financial life to go. It is about taking control of your financial life by finding the path that works best for you. It is about choosing the education that you want so you can determine the life you want.
Rich Dad’s Cashflow Quadrant describes the four types of people who make up the world of business and the core value differences between them . It discusses the tools an individual needs to become a successful business owner and investor. Learn about the four CASHFLOW Quadrants and you will understand the important keys to creating wealth. A must for business owners.
Matthew Chan explains how to use a lease-option strategy for creating income from real estate. Practical, detailed, and easy to follow, this worthwhile new book will lead you through the fundamentals of lease-options, researching your market, how to select and buy properties. It will show you how to market to and find the right tenants, then run the system dealing with problems that arise.
Includes sample documents and rules and guidelines.
Although written for the US market, much of the information and approach in this book is valuable and relevant to investors in NZ/Australia.
from the book cover…
“Imagine a Solid Investment Portfolio Without Being in the Stock Market!” Since the Tech Stocks Crash of 2000, trillions of dollars of investor wealth disappeared from existence. Investors throughtout the world saw their investment portfolios and retirement accounts crushed by their holdings of stocks and mutual funds. Simultaneously, investors of residential property continued to see their real estate portfolio appreciate and generate steady returns. Because of the financial devastation, investors have changed their investment priorities. Speculation and Volatility are Out. Safe and Steady Returns are In. If you watched your stock portfolio get crushed and want to invest differently, this book will show you ANOTHER WAY! Through the simple acquisition of small houses, safe and steady returns can be generated with the Lease-Options strategy. You will learn the ‘TurnKey Investing’ philosophy of building, investing and managing your real estate portfolio with Lease-Options. WHAT FINANCIAL ADVISORS WILL NEVER TELL YOU You will learn how to: Use Lease-Options to simply and safely build your portfolio! How to generate steady, spendable cash flow through Lease-Options! Find the right real estate market to safely invest in! Profitably manage properties without ongoing maintenance expenses! Find the right Management Team to build and guard your portfolio! Invest in the Lease-Options Strategy without owning property! TurnKey Investing with Lease-Options is an investment book like no other. It goes against what the traditional financial community sells and sure to upset the establishment. This book is only for independent-minded investors who want to take control of thier investments… not for the conventional “follow the herd” speculator of Wall Street.
HIGH PROFILE investor, property expert and author Olly Newland’s best-selling book The Rascal’s Guide to Real Estate has been UPDATED AND EXPANDED in this THIRD EDITION.
An instant best seller when first published, The Rascal’s Guide to Real Estate is a streetwise handbook for today’s New Zealand property investors. Veteran investor and advisor Olly Newland delivers a comprehensive, up-to-date, credible, no-holds-barred how-to manual for the serious NZ investor or home buyer.
Olly is one of this country’s foremost property investors with more than 50 years experience in the property market (during booms and busts). The Rascal’s Guide to Real Estate is a valuable resource for TODAY’s investors and home owners, providing sound, tested advice — as well as a rollicking good read!
This comprehensive, well-organised manual covers important information vital to succeed in residential and commercial property investing. Olly shares tips, techniques and tricks of the trade to help his readers succeed as an investors in the sometimes cut-throat world of real estate.
Introduction: To start, first you have to stop
Know the difference between speculating and investing
Multiplicity is a good thing
Always look for Blue Sky deals
Real estate agents: the good, the bad, and the indifferent
Documentation: The paper war
Negotiating the deal
Get a good lawyer (and a psychiatrist!)
Take the time for Due Diligence
Falling in love can be expensive
Don’t get too friendly with your tenants
Pest control: owning flats
Be ever vigilant
Selling on low deposit: rent-to-buy or ‘Wrap’ deals
Commercial & Industrial
Doing up houses for fun and profit
Don’t believe everything you see or hear
Tax and the investor
… and more! AVAILABLE NOW. Order from Empower Education.