by Peter Conti, David Finkel
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| List Price: | $18.95 |
| Average Rating: |  |
| Lowest New Price: | $3.65 |
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Product Description
Life can be tough for real estate professionals these days. Even with interest rates at historically low levels, the uncertain economy makes homeowners hesitant to relocate or trade up. There just aren't that many clients out there, and the few who exist generate fierce competition. In fact, it seems the single ""hot area"" is foreclosures. But that's not necessarily bad news. Conti and Finkel's book is a good ""crash course"" for real estate brokers and agents wanting to understand this area and explains the intricacies involved in funding investment deals, using various buying/closing methods and employing exit strategies. Thanks to the book as well as workshops and seminars offered by the two authors, thousands of people each year learn the art of lucrative real estate investing.
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Average Customer Review:
0 of 0 people found the following review helpful:
 Investing in Foreclosures, 2007-10-17
Easy to read and understand. The Foreclosure process and strategies are presented with real life examples that help you to apply and to formulate your own strategies. It is also a good reference book.
1 of 1 people found the following review helpful:
 Powerful evidence , 2007-05-25
Making Big Money Investing in Foreclosures without cash or credit is a morally courageous examination of real estate investing!! Peter Conti gives powerful evidence of new ways of investing. In this successful oriented book the author minimizes risk taking and explores objective ways towards successful investing. Must read!!
7 of 7 people found the following review helpful:
Excellent overview of Foreclosure purchasing, 2006-12-22
I had run across my first pre-forclosure deal and needed to get a basic understanding of the steps and processes. Peter and David's book provided that wonderfully. I was able to use the steps and scripts to sign up a deal, provide help to a stressed-out seller and reach the proper department at the lender. The suggestions of how to talk to both the seller and the lender have been very helpful with dealing with the human side of things. I felt very comfortable with the style and the seller has been very appreciative. I didn't feel manipulative at all.
1 of 2 people found the following review helpful:
 Making Big Money Investing in Foreclosures: Without Cash or Credit by Peter Conti, 2006-11-09
An official Library Weekly book review.
REVIEW:
This book generically highlights a few ideas on how to invest in
foreclosures and how to finance it without using cash or credit.
Part of the formula is the use of "double closings" which allows
you to simply invest with a minimal amount and use the sell price
as the payment during the title closing. The difficult aspect of
this is it doesn't truly describe certain foreclosure techniques
available in each state (generically applied). Additionally,
you may need to read this with a grain of salt with the current
real estate market conditions.
OTHER RECOMMENDATIONS ON FORECLOSURES:
1. The Beginner's Guide to Real Estate Tax Lien and Tax Deed Auctions [ISBN 0978834607]
EXCERPT:
"There's never a better time to invest in real estate."
RATING:
3 of 5
7 of 8 people found the following review helpful:
 Another Finkel disaster, 2006-06-28
How to get the most money for your property. This topic, worthy of a book, gets a couple of pages which are platitudes. This is the second book of his I've read recently in which he talks about determining the market price. The approach he advocates will result in a variance with the market of 40%, if not more. And, he lumps apartment buildings in with houses as if they were valued the same way. Of course, they are not.
On the plus side, in this book he recognizes that people do tend to get legal advice before signing a contract. He tells you how to diffuse the lawyer's criticism before it happens.
During my years as an apartment broker, I dealt with more than a few lawyers, including clients. Maybe his approach will work, but I'd think not.
This is another feel-good, cheerleading book. Rich Dad, Poor Dad does a better job of cheerleading, but has even less substance than this lightweight work.
Once again, the author has silly sales techniques that don't work. Once again, let me point you to the best writer in sales: Neil Rackham.
Spare yourself time, money and effort. Pass on everything David Finkel writes or promotes (as I shall hereafter).
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