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Book - Product Information
Real Estate Investing for Dummies
Eric Tyson, Robert S. Griswold
Rating: 5.0/5 Stars
Rank: 912
"This is simply the best book on the topic.”
—Randall Bell, Author, Home Owner's Manual
"Tyson and Griswold have truly opened the world of real estate investing
to all by tackling often complex issues in this easy to understand and use
book. I can't think of a better way to get smart about building wealth
through rental properties than to read their excellent Real Estate
Investing For Dummies!"
—Vern Hoven, CPA
Non-prime time TV is cluttered with infomercials about how you can buy
non-prime real estate for next to nothing and get rich quick.
Common sense
should tell you that’s an exaggeration. (If common sense
doesn’t tell you, bankers will.) Nevertheless, it is possible to get
rich gradually by investing in real estate.
Long term, you can expect to
realize an annual return of 8 to 10% a year. Real Estate
Investing for Dummies gives you the keys to successful real estate
investment, whether it’s in single family homes and condos,
apartments, vacation homes, commercial properties (office, industrial, and
retail), raw land, or REITs (Real Estate Investment Trusts).
With guidance
from authors Eric Tyson, MBA, a financial counselor, and Robert S.
Griswold, a veteran real estate investor, you’ll discover how to:
- Find and buy the best properties at a fair price
- Capitalize on opportunities such as foreclosures, no money down deals,
auctions, tax sales, and more
- Secure financing and good mortgage
terms
- Value, evaluate, and negotiate everything to do with real
estate
- Work with agents and other professionals
- Project
income potential and cash flow
- Handle contracts, inspections, and
closings
Whether you’re interested in a fixer
supper for rental, premier office space you can lease, or a vacation home
you can enjoy and rent, when you become a buyer, you also become a
landlord.
That means you can hear from tenants any time, night or day. It
means you may not hear from them when the rent is due. Real Estate
Investing for Dummies also helps you: - Find and keep
good tenants
- Negotiate lease agreements
- Insure and
maintain your property
- Keep good records for tax and accounting
purposes
Remember, with any deal, you have to know
when to hold them and know when to fold them.
So Real Estate Investing
for Dummies gives you guidelines on when and how to sell and how to
reinvest to build wealth.
It also lists 10 real estate investments you
shouldn’t touch with a 10-foot pole. Especially if you’re
tempted by those late-night infomercials, that warning could save you a
fortune!
About the AuthorEric Tyson, MBA, is a best-selling author and syndicated columnist.
Through his counseling, writing, and teaching, he equips people to manage
their personal finances better and successfully direct their investments.
Eric is a former management consultant to Fortune 500 financial service
firms and has successfully invested in real estate for more than two
decades.
Eric earned his Bachelor’s degree in economics at
Yale and an MBA at the Stanford Graduate School of Business.
Despite these
handicaps to clear thinking, he had the good sense to start his own
company, which took an innovative approach to teaching people of all
economic means about investing and money.
An accomplished freelance
personal finance writer, Eric is the author of the national bestsellers
Personal Finance For Dummies and Investing For Dummies,
co-author of Home Buying For Dummies and Taxes For Dummies,
and was an award-winning columnist for the San Francisco Examiner.
His work has been featured and quoted in dozens of national and local
publications, including Newsweek, The Wall Street Journal, Forbes,
Kiplinger’s Personal Finance Magazine, the Los Angeles
Times, and Bottom Line/Personal; and on NBC’s Today
Show, ABC, CNBC, PBS’s Nightly Business Report, CNN, CBS
national radio, Bloomberg Business Radio, and Business Radio Network.
He’s also been a featured speaker at a White House conference on
retirement planning.
Despite his “wealth” of financial
knowledge, Eric is one of the rest of us. He maintains a large inventory
of bumblebee colored computer books on his desk for those frequent times
when his computer makes the (decreasing amount of) hair on his head fall
out. Robert S. Griswold, MSBA, is a successful real
estate investor and hands-on property manager with a large portfolio of
residential and commercial rental properties who uses print and broadcast
journalism to bring his many years of experience to his readers,
listeners, and viewers.
He is the author of Property Management
For Dummies and the host of a live weekly radio talk show, Real
Estate Today!, now in its 14th year (www.retodayradio.com).
Robert is
also the real estate expert for NBC San Diego with a regular on-air live
caller segment since 1995.
He’s also the lead columnist for the
syndicated “Rental Roundtable” and “Rental Forum”
columns published in dozens of major newspapers throughout the country and
has been recognized twice as the #1 real estate broadcast journalist in the
nation by the National Association of Real Estate Editors.
Robert’s educational background includes having earned BS and two
master’s degrees in real estate, business economics, and finance
from the University of Southern California.
His real estate investing and
managing professional designations include the CRE (counselor of real
estate), the CPM (certified property manager), the CCIM (certified
commercial investment member), and the GRI (graduate, Realtor
Institute).
Mr. Griswold has been retained on hundreds of legal
matters as an expert in the standard of care and custom and practice for
all aspects of real estate ownership and management in both state and
federal cases throughout the country.
Robert is the president of Griswold
Real Estate Management, managing residential, commercial, retail, and
industrial properties throughout southern California and Nevada.
On
a personal level, Robert enjoys travel (particularly cruises), sports, and
family activities.
He truly enjoys real estate and tries to keep life in
perspective through humor!
Editorials
Sample 2 of 2
Real Estate Investing for Dummies
Eric Tyson, Robert S. Griswold
![]() | | | Book Description | | "This is simply the best book on the topic.”
—Randall Bell, Author, Home Owner's Manual
"Tyson and Griswold have truly opened the world of real estate investing
to all by tackling often complex... read full editorial |
![]() | | | From the Back Cover | | Packed with tips on buying, financing, and improving properties
With up-to-date information on all your mortgage options.
From homes and apartment buildings to commercial and industrial
properties, this friendly... read full editorial |
Customer Reviews
Sample 2 of 2
Real Estate Investing for Dummies
Eric Tyson, Robert S. Griswold
![]() | | | Just what the doctor ordered | | February 3, 2005 - 5.0/5 stars | | I have done some investing on my own but wanted to learn more about real
estate. This book is awesome. It covers the basics and more complicated
real estate investments. I now know what types of real estate I am going... read full review |
![]() | | | A New Standard For Other Authors To Follow. | | (Highlands Ranch, CO USA) March 16, 2005 - 5.0/5 stars | | Upon the completion of reading this book, I realize that the authors have
set a new and comprehensive standard for real estate investors.
Investment in Real Estate is an interesting and often frustrating process.
Don't... read full review |
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