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While researching this topic, I read a book by Frank Gallinelli called “MASTERING REAL ESTATE INVESTMENT”, Published by RealData Inc, 2008. This book has extensive definitions and example problems (with answers) along with real life case studies. This topic is one that requires much knowledge and experience to master, but this book is . . . → Read More: Real Estate -Part C (A Book Review on Real Estate Investing)
A house fits the definition of “Real Property”. There are two types of house properties: the first is the typical one – you are going to live in the house; the second is typical, too but is quite a bit different for your investment portfolio – you are not going to live in the house but you are going to lease it to someone else and they will pay you something to live in the house. We are going to do an exercise on buying a house you to live in. (We will be using each of the terms in “PITI”. If you need refreshing, see the previous post.) . . . → Read More: Real Estate – Part B (Example of Buying a House) Before you start investing and using your nest egg to create a Stream of Income by using the opportunities presented by the Real Estate Market, you will need to embed these basics into your conscious and your sub-conscious. . . . → Read More: Real Estate: Part A – Before You Start Investing |
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