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How to Invest in Condominiums: The Low-Risk Option for Long-Term Cash Flow
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ISBN
:
9780471151500
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Publisher
:
John Wiley & Sons
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Subject
:
Finance & Accounting
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Binding
:
Paperback
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Year
:
2001
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2981.0
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Description
A simple proven method for improving cash flow so you can live rent-free and retire earlyHow to Invest in Condominiums provides a simple, low-risk blueprint for building cash flow by buying and renting out condominiums. You can provide for your retirement or improve your monthly income by investing in income-producing real estate at a very low risk to the capital you invest. Unlike stocks and bonds, real estate is immune to inflation and a fluctuating stock market and also provides some shelter from taxes-and the return on investment typically exceeds that of the average Wall Street investor!The author includes a plan for getting started and a detailed record of his investments that shows how he grew a considerable cash flow-with only a small commitment of time and effort. This straightforward, realistic guide will help you:* Use this method to establish long-term cash flow* Avoid owning a money-losing rental unit* Use professional property management to save time and money* Avoid "fixer-uppers" v Keep your long-run effort minimal* Live rent-free and retire early!How to Invest in Condominiums is a reliable and realistic way to supplement your income. There are no gimmicks and no strings attached and this is not a get-rich-quick scheme. It's a long-term plan that will help you meet-and surpass-your long-term goals.
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Author Biography
ANDRIS VIRSNIEKS is a former accountant for Boeing and a former cost analyst for the Department of Defense. His method for buying and holding condominiums, as described in this book, allowed him to retire at an early age.
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