Product Description
“Real Estate Investing 101″ is a beginner’s guide to property ownership and investment. Filled with practical, experience-laden advice, it is an ideal resource for anyone who wants to invest in real estate but is unsure of how to get started. A must-read for beginner real estate investors, it examines all aspects of investing – including buying, selling, renting, and maintaining property. Reflecting years of experience as a savvy investor, author Earnest Kelley takes novice real estate investors through the process of preparing for their first property deal. Complete with a comprehensive glossary, detailed index, and an appendix containing samples of common real estate contracts and forms, “Real Estate Investing 101″ is the perfect resource for those simply testing the property investment waters or those who are ready to dive right in!
Click on the link to order —>Real Estate Investing 101
Written by military veteran and career real estate broker & investor Earnest Kelley, Real Estate Investing 101is a solid primer to the world of real estate investment, for readers of all backgrounds. Chapters cover how to find the right sellers and negotiate a price, obtaining funding, screening tenants, what factors should affect the decision to rent or sell one’s property, the nuts and bolts of a home inspection, and much more. “Real estate agents prefer home buyers with cash for down payments, good income, good credit rating. Their vision is getting the job done with as little work as possible. They are not up to understanding creativity in pushing deals forward. They’re not very receptive to unusual offers. Without their knowing how you work, if you hand an agent an offer to purchase a property with no down payment, he’ll look at you and say ‘So you think I’m stupid?’” Appendices and a glossary round out this excellent, plain-terms introductory guide.
Rating: 5 / 5
Reviewed by Olivera Baumgartner-Jackson for Reader Views (4/07)
As somebody who had been dabbling in real estate for some years now, I became quite intrigued when I picked up Earnest Kelley’s “Real Estate Investing 101.” I wondered if I would agree with what he had to say and even more, if I would learn anything new and useful from it.
All that I have to say after reading it is that I wish I would have found it before I decided to buy the first investment piece of real estate. This book is absolutely brimming with useful advice and great insight. It is clear that Mr. Kelley has dealt with real estate extensively in several different roles. He was a real estate broker, mortgage broker and a manager of his own properties, so it is not surprising that he is familiar with all the aspects of real estate investing. His book guides the potential investor through all of the stages of such a real estate deal, from deciding whether such a path would be a good fit to dealing with the proper choice of a piece of real estate and then to the acquisition of it. Mr. Kelley goes into details of finding sellers, negotiating, funding, act of sale with all the intricate and sometimes complicated parts of it, finding – and screening – tenants etc.
The chapters that I found particularly valuable and insightful were the ones dealing with rental income, the usual dilemma of rent versus sell and property management. Another chapter that offers some very interesting insight and valuable ideas is “A Map for Your Retirement Future.” It provides invaluable advice on setting the appropriate tasks to plan and accomplish in different phases of your life and a guide on how to get that done. This chapter contains no-nonsense and very doable tasks, all of them seen through Mr. Kelley’s positive, can-do approach to life.
At the very end of the book one can find a number of extremely useful checklists, notices, agreements, deeds and other useful forms; as well as an extensive glossary of terms. Both of those sections will make any of the planned real estate moves much simpler for any future investor.
I found Mr. Kelley’s book informative, comprehensive and very easy to read. “Real Estate Investing 101″ is a must-have for any real estate investor who would like to avoid some very costly common mistakes and just generally make the process of acquiring real estate property easier and more rewarding.
Rating: 5 / 5
Picture yourself at a three-day, high-powered, motivational camp where the speakers are dynamic, forceful and informative. Now if you cannot spare the time, don’t dismay the same motivation is only a bookstore away.
After serving twenty years in the U.S. Armed Forces, Earnest Kelley decided he wanted to become financially secure. He used his GI Bill to attend college, he also obtained a real estate license in the state of Michigan and began working with a reputable real estate firm. Kelley gained knowledge and insight in investment practices and saw firsthand how fortunes were made. His career as a real estate broker, mortgage broker, and manager of his own personal property propelled him, at the age of fifty-two, into early retirement.
Kelley reaches out, in a manner suitable for laymen, with instructions on how to make that initial step on the real estate investment ladder. With a little effort and a lot of determination anyone can earn more than just a weekly paycheck. The strategies, tactics, and techniques presented in REAL ESTATE INVESTING 101 are the motivations needed to get started in the high-powered world of real estate investment. Whether just testing the property investment waters or poised to take the plunge, REAL ESTATE 101 is a step-by-step guide on how to succeed. As you increase your knowledge, you increase your opportunity to acquire wealth. This is excellent information; read, learn, supervene!
Reviewed by aNN
of The RAWSISTAZ Reviewers
Rating: 4 / 5