How to Use the Equity in Your Home or Business Today to Invest for Tomorrow
Author
Kristie Lorette
Publisher
Atlantic Publishing Company
4 Review Copies Left
Most people leave money they could use to invest sitting in their house or commercial property in the form of equity. After you have purchased real estate and are making monthly payments, you are in the process of building equity. The opportunity to use the equity you have built up in your home is one of the benefits of homeownership. Most people will use this equity to draw out cash and purchase cars, boats, or other declining investments, but there are many other ways to use your equity. This brand new book will demonstrate how to use the equity in your home or business property for investment purposes. You will learn how to leverage your equity to start a business, invest in real estate, purchase stock portfolios, invest in high interest private mortgages, improve or renovate your current home, plan for retirement, buy another house, buy a rental property, save for education expenses, and many other lucrative investments. Equity in a home or business property, that is idly sitting there, does not make you money. Learn how to put it to use today. Use your equity to leverage and pursue your wealth building. This brand new, exhaustively researched book is the ultimate resource for novices and pros alike; it will guide you through every step of the process, with hundreds of innovative ideas that you can put into action right away. This book provides you with proven strategies and innovative ideas used by the experts everyday that you can easily do yourself.
Reviews
At one time investing was easy as was getting a loan. With the downturn in the economy anyone with money has to be more creative than ever before. Kristie Lorette has researched the industry and is providing us options of investing equity as well as addressing issues that may occur.
Real estate investing at a low, which is now, is advisable. Lorette explains "Your ultimate goal when buying a real estate investment is to find a property that not only brings you cash flow, but also builds up equity."
Kristie Lorette's advice and information in this book is very timely. It covers all the basics which is ideal for the novice, but even those that already are investing will find it a good refresher. The two areas that I found of most interest to me are the sections on Private Mortgages, and, Home Improvements and Renovations. Improvements or renovations will increase the value of the property, however, it is imperative the expenses don't raise the property to the point that it becomes too high to sell in the current market.
Good book - good info.
Reviewed on 03/12/2011 by ReviewTheBook.com Member Irene Watson
