Book Description
From the BusinessWeek bestselling author of Investing in Fixer-Uppers--a plan for building a real estate empire with little or no money down "
Fixer Jay" DeCima, the acknowledged king of fixer-uppers, delivers a much-anticipated guide to realizing financial independence through real estate investing. Written in DeCima's trademark folksy style, Start Small, Profit Big in Real Estate provides a complete two-year plan for making it big in real estate starting with little or no money of your own. You'll learn how to: Scout out properties with the highest return Calculate the payoff versus the effort involved in any real estate investment Find motivated sellers who will finance your properties Use leveraging and compounding to utmost advantage Negotiate with sellers and win every time Make big bucks with rental properties
From the Back Cover
A 2-year program for finding ugly duckling houses--and turning them into beautiful, wealth-producing swans
In Start Small, Profit Big in Real Estate, legendary real estate investor "Fixer Jay" DeCima opens his toolbox and shares his secrets to finding beauty--and big money---in rundown houses. He explains how to find "properties with all the right things wrong" and, using a little money and a lot of elbow grease, transform them into the type of clean, affordable homes that good renters desire in every market.
How did DeCima go from virtually zero money to nearly $100,000 a month in rental income in a few short years? Start Small, Profit Big in Real Estate walks you through every step of the process, including: 4 sources of real estate profits--rents, amortization, tax benefits, and appreciation--and how to maximize each Types of houses that will consistently let you buy with the largest discount-to-value and most profitable terms Sample rental agreements, independent contractor's agreements, information resources, and more
Getting rich in real estate is easier than you think. It requires little more than knowledge and initiative. Start Small, Profit Big in Real Estate will give you the knowledge you need to assemble a portfolio of top income-producing properties and a steady income for life--within just two years.
About the Author
Jay DeCima is the bestselling author of Investing in Fixer-Uppers and a veteran of more than 45 years of real estate investing. Over the past two decades, his home-study products and seminars have helped thousands of real estate investors launch their careers.
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