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| The WealthLoop Series Beginner's Guide to Building Wealth Buying Houses: The Foolproof Roadmap to Real Estate Riches Without the Risks and Hassles of Landlording | 
enlarge | Author: John A. Michailidis Publisher: Brain Forge Press, Inc. Category: Book
Buy New: $21.95
Avg. Customer Rating:   (20 reviews) Sales Rank: 47121
Language: English (Published) Media: Perfect Paperback Edition: 1st Pages: 212 Shipping Weight (lbs): 0.8 Dimensions (in): 8.9 x 5.9 x 0.8
ISBN: 0978819098 EAN: 9780978819095 ASIN: 0978819098
Publication Date: April 1, 2007 Release Date: February 19, 2007 Shipping: Eligible for Super Saver Shipping Availability: Usually ships in 24 hours
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| Editorial Reviews:
Product Description Trading in the daily grind and living a life of financial independence is simpler to do than you might think. With this new model for real estate investing success, you can transform the way you think about investing and set your course towards financial independence. Finally, you can have the time, money, and peace of mind to leave the rat-race behind and live the life you have always dreamed of living. This could be the last real estate investing book you will ever need. You will discover how to:
**Turn inexpensive houses into virtual money-machines that consistently churn out returns of over 400%! **Transform a small nest-egg into several hundred thousand dollars of equity in as little as 24 months part time! **Generate large up-front payments from your tenants that you can use to purchase more properties! **Negotiate leases where your tenants willingly accept the majority of responsibility for upkeep and repairs! **Build competition among prospective tenants and have them clamoring to pay you above market rents! **Sidestep the risks and hassles of landlording and put your investing on autopilot!
Apply these simple, proven techniques to create your own virtual money-machine that generates income for you and your family 24/7.
Gary Keller, New York Times Best-Selling Author, "The Millionaire Real Estate Agent" and Co-Founder, Keller Williams Realty International
John . . . You Rock! In reviewing [your book] I think it definitely can be of true help to anyone serious about wealth building!
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| Customer Reviews: Read 15 more reviews...
  Looks like a plan................ August 17, 2008 1 out of 1 found this review helpful
I liked the book. Easy read which applies economic, financial and accounting principles combined with marketing ideas to come up with a unique real estate capitalization plan. Waiting for an up-tick in property values and I'll give it a spin. I don't believe the theory works in a down market. thank you - John.
  Thumbs up to a good book! August 8, 2008 1 out of 1 found this review helpful
This is a no frills book on one method of investing in real estate. The author has done a great job of explaining his system in a concise and straight-forward way. Thumbs up!
  I am putting this system to the test! July 26, 2008 0 out of 1 found this review helpful
Hello everyone I have read John Michailidis's book and will be putting it to the test!
Please read about my experiences at my blog: http://happyventure.wordpress.com/
I have a few questions on the process and would like to exchange ideas with readers would have implemented or will be implementing his method.
I've just started so comments and feedback are much appreciated!
  Read this in a short time. Very detailed July 7, 2008 3 out of 3 found this review helpful
how to book. Most have the theory and little actual details. It was hard to believe there were as many buyers out there as the author says. I gave the book to a local realtor and he read it then introduced me to a couple of mortgage brokers. They pretty much confirmed that buyers were there. They also gave some stories of higher returns than the author stated.
Trouble is that there are 2 markets around here. One where I wouldnt want to go after dark and one where 180K is a low end house.
So now I am sending a copy of the book to another realtor in a nearby community
  Easy to read, straight to the point instruction - just read and go out and do it. January 22, 2008 2 out of 2 found this review helpful
The book is excellent and very informative and is written in a simple yet to the point manner. Mr. Michailidis take you through the process, and provide life examples to validate his theory. The book is enlightening and provides an easy road map to success - utilizing the "rent-to-own" concepts. The only draw back I found in the book is that Mr. Michailidis did not provide a totaling spreadsheet reflecting the impact if one is following his book advise - but this can easily done by the reader as well. This book should certainly be in any real estate investor library.
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