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This work offers a summary of the book "BUY, RENT & HOLD: How to Make Money in a ''Cold'' Real Estate Market" by Robert Irwin. Robert Irwin is recognized as America's #1 real estate expert. A broker and property investor, Irwin has offered buyers and sellers effective solutions to their real estate problems for more than 20 years. In Buy, Rent & Hold, the author demonstrates that investing in real estate is deceptively simple.
As Irwin explains, all you need to know is summed up in the strategy Buy - Rent - Hold. That is: 1. Buy property when the market is tracking downwards before it reaches the bottom; 2. Rent your property aggressively to cover your carrying costs - the mortgage, maintenance, taxes, etc; and 3. Hold the property until the market reaches its peak, at which time you then sell. In essence, that's all there is to it.
Of course, the difference between a theory and actual profits lies in the execution. Filled with practical tips and techniques, Buy, Rent, & Hold is a must read for investors. Read this work and you will learn how to make big profits even during today's economic slump!