Purchase Your Copy of Real Estate Prosperity

A DEFINITIVE CONTEMPORARY REAL ESTATE BIBLE…A TEACHING GUIDE

“THAT’S WHY THEY CALL IT REAL ESTATE.”

 


• SURVIVING THE REAL ESTATE / MORTGAGE FORECLOSURE BUST(S)
• PROFITING FROM THEM
• PREPARING FOR THE NEXT REAL ESTATE BOOM(S)
• PROFITING FROM THEM

 

Real Estate Prosperity is truly a Real Estate Bible.  Author Robert Metz methodically walks the reader through the ins-and-outs of Real Estate as an economic venture.  Real Estate Prosperity is an enormously valuable and relevant teaching guide.  This book is a practical, pragmatic roadmap for the owner / borrower in distress, as well as for the investor / speculator who wants to profit from Real Estate in both short and longer-term transactions.  It is a must read for every seller, speculator, and investor in any market–boom, bust and everywhere in-between.

It teaches using case studies, real life examples, and careful explanations, showing the reader how to build wealth and income.  Further Real Estate Prosperity illustrates working knowledge and demonstrates how to apply approaches, techniques and an understanding of Real Estate.

This book is for the doer.  This is real stuff to enable and empower the reader to succeed, to create equity, to generate income and to improve and enrich his /her life.  In a logical journey, it lays a foundation upon which the reader, experienced or novice can expand and “make it”.  This is not one of those silly get-rich-quick fantasy formulas.

 

www.realestateprosperityllc.com
metz@realestateprosperityllc.com

ISBN: 978-1-4809-7864-5
eISBN: 978-1-4809-7887-4

RoseDog Books
585 Alpha Drive • Pittsburgh, PA 15238

 

Contents

PREFACE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ix

I. THERE MUST (& WILL) BE ANOTHER REAL ESTATE BOOM, & ANOTHER, & ANOTHER . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

II. YOU MUST INVEST & SPECULATE – IN YOUR HOME & OTHER PROPERTY – TO HOLD OR TO FLIP . . . . . . . . . . . . . . 21

III. GET OUT OF FORECLOSURE – REWORK YOUR EXISTING MORTGAGE, & OTHER WAYS TO ESCAPE OR DELAY FORECLOSURE TO HOLD ONTO YOUR HOME & OTHER PROPERTY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43

IV. “PROFITABLY” SELL YOUR HOME WHILE IN FORECLOSURE – EVEN WITH A NEGATIVE EQUITY . . . . . . . . . . . . . . . .75

V. HOW TO SELL YOUR HOME (OR OTHER REAL ESTATE) IN A BAD MARKET…AND, FROM ANOTHER VIEW, SOME TECHNIQUES FOR BUYING IN A BAD MARKET . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89

VI. BUY FORECLOSURES – TO HOLD OR TO FLIP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .109

VII. BUY OTHER – THAN FORECLOSURE / UNDER-VALUED / BARGAIN-PRICED REAL ESTATE, & OTHER ASSETS, TO HOLD OR TO FLIP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 145 

VIII. STRUCTURING THE (BUYER’S) DEAL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 163

IX. REHAB, RENOVATION, OR DEVELOPMENT – A HIGHER & BETTER USE, LEGALLY & / OR PHYSICALLY? . . . . . . . .199

X. HOLDING FOR THE LONGER TERM – SOME LANDLORD & MANAGEMENT ISSUES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .243

CONCLUSION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 275

Contents

PREFACE . . . . . . . . . . . . . . . . . .

I. THERE MUST (& WILL) BE ANOTHER REAL ESTATE BOOM, & ANOTHER, & ANOTHER

II. YOU MUST INVEST & SPECULATE – IN YOUR HOME & OTHER PROPERTY – TO HOLD OR TO FLIP 

III. GET OUT OF FORECLOSURE – REWORK YOUR EXISTING MORTGAGE, & OTHER WAYS TO ESCAPE OR DELAY FORECLOSURE TO HOLD ONTO YOUR HOME & OTHER PROPERTY

IV. “PROFITABLY” SELL YOUR HOME WHILE IN FORECLOSURE – EVEN WITH A NEGATIVE EQUITY

V. HOW TO SELL YOUR HOME (OR OTHER REAL ESTATE) IN A BAD MARKET…AND, FROM ANOTHER VIEW, SOME TECHNIQUES FOR BUYING IN A BAD MARKET

VI. BUY FORECLOSURES – TO HOLD OR TO FLIP

VII. BUY OTHER – THAN FORECLOSURE / UNDER-VALUED / BARGAIN-PRICED REAL ESTATE, & OTHER ASSETS, TO HOLD OR TO FLIP

VIII. STRUCTURING THE (BUYER’S) DEAL

IX. REHAB, RENOVATION, OR DEVELOPMENT – A HIGHER & BETTER USE, LEGALLY & / OR PHYSICALLY?

X. HOLDING FOR THE LONGER TERM – SOME LANDLORD & MANAGEMENT ISSUES

CONCLUSION . . . . . . . . . . . . . . 

Preface

       This Book is intended to serve as a Conceptual Framework, and a Practical, Pragmatic Guide for both the owner / borrower in distress, and the investor / speculator trying to profit from real estate in both short and longer term transactions. My goal is to help the Reader gain a Fuller, Substantive, Functional Working Knowledge and Understanding.

       There are endless “how to” volumes and “game plans” out there. My hope, however, is that my Reader will learn Strategies, Techniques, and MethodsLearn about Sources for Deals, and (in a more Cerebral Sense), gain the everyday Working Knowledge, of the Mechanics and Issues which are the subject matter of this Book – as indicated by Chapter titles. I want to enable my Reader to do Profitable Things in the Real World of Real Estate Investment and Speculation.

       I have tried to weave a Primer that will send the Reader off to Money-Making, Fulfilling Endeavors (be he an experienced practitioner or a novice), enriched with a Working Knowledge and a Depth of Understanding of the Broader Picture, the Workings of the Market and the Key Aspects of the Industry, so that he can actually do things.

       Knowledge, not simply as to Details and How-To-Do, which of course is important. But also Knowledge as to Context, Theories, Approaches, and the Rationale and Underpinnings of the System and the Bases of its Deal-Making.

       The point is not to just be a mere walking statistician with blinders; the Idea is to be Perceptive, to be a Doer, to be a Doer whose Understanding Best Empowers him to see the Broader Picture of the Business and a Specific Deal and to Know how to ask the Right Questions and make Good Choices and Sound Decisions.

       I caution you: this Book is not one of those shallow pulp volumes crammed with “checklists” and overly-simplistic “steps” and other worthless superficial data and even sillier miracle tales and bravado. It is not to be compared in content or tone to the embarrassing “hype” or theatrics of some of the “flipping” shows on television.

       This Book will have achieved its purposes if it Empowers and Enables the Reader and he sees fit to keep it handy for future reference, for re-reading of those passages which may from time to time apply to his own Endeavors and Transactions.

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