The Buy and Hold Real Estate Strategy: How to Secure Profits in Any Real Estate Market |  | Author: David T. Schumacher Publisher: John Wiley & Sons Inc Category: Book
List Price: $42.50 Buy Used: $0.01 as of 9/9/2010 11:40 CDT details You Save: $42.49 (100%)
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Seller: internationalbooks Rating: 4 reviews Sales Rank: 1,386,973
Media: Hardcover Pages: 296 Number Of Items: 1 Shipping Weight (lbs): 1.3 Dimensions (in): 9.3 x 6.5 x 0.8
ISBN: 0471556025 Dewey Decimal Number: 332.6324 EAN: 9780471556022 ASIN: 0471556025
Publication Date: April 15, 1992 Availability: Usually ships in 1-2 business days
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Product Description By ignoring real estate doomsayers and patiently waiting out market cycles, David Schumacher has amassed a real estate fortune in ocean-front property, single family homes and condos. His cornerstone investing philosophy? "Buy smartly and never sell." Now his personal investing program is available on the open market.
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| Customer Reviews: Get rich slowy with long-term real estate February 19, 1997 11 out of 11 found this review helpful
Many books on real estate usually tell you get rich quick schemes that never seem to work. This one however, show the important of buying and holding onto real estate much like stocks. The author stresses holding onto the estate, rather than trying to sell it quick to make a quick buck. Throughout the story, the author details his own experiences on his quest for his real estate fortune.
After losing money gambling with the commodities, the author decided to try real estate. He started with virtually nothing, and eventually built his estate to be worth more than $15 million in four apartments, and 30 condominiums. This is a definite book to read for those who want to start investing in real estate
Great real estate book for your library January 15, 2001 Gina Hinds 9 out of 9 found this review helpful
I know this book is currently out of print and with the date of 1992, I was hesitant at first to purchase this book. It is a true gem of a discovery, his information can be applied to real estate investing in the year 2001 and beyond.He delivers the information very well written, and gives incredible ideas of ways to continually expand your ideas of how the appraisal business works, as well as many other timely topics.
The best real estate investing book I have ever read! April 19, 1997 10 out of 11 found this review helpful
This is the best real estate book for the serious long term investor. I have bought four properties from 1992 to 1997 in the depressed Boston area real estate market and would have never been able to without this book. The focus of this book is that you can creat long term wealth by buying and holding real estate in the right location. It is not a get rich quick scheme. This is the serious real estate investors "bible"
The best book for accumulating real estate July 19, 2005 REader I have been a lawyer for 25 years, with the first 15 years specializing in transactional real estate. I also have a broker's license and I have owned and rented two single family homes so far. My goal is acquire several more over the next few years.
I have read many, many books on real estate investing, and most are quite superficial and unrealistic (many start with the presumption that you are consistently able to buy with no money down and for a large discount to current value). They also are commonly written by people who want, oddly enough, to sell you on taking one of their expensive, equally flawed, courses.
This book, however, is the best real estate investment book I have ever read.
It takes a long term prospective, is detailed, does not include a pitch for more product or courses, and does not assume away problems by assuming that you can buy under market with "no money down"; however, it is still is quite inspiring, to a large extent due to the author's own anecdotes re: his own investing experiences.
Although I just read a copy from the library, and do not often feel a need to buy a book I have already read, I will be buying it today, as I expect to return to it often in the coming years.
This is the first time I have been inspired enough by a book to write a review for Amazon. I am taking the time to do this today because I could not recommend any book any more highly than this one.
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