The World's Best Book Summaries
Why do people buy rental properties? How do rental properties make a profit? Whether it’s a commercial property or a single-family home, rental properties are valuable to invest in. If you’re wondering how these properties generate income, Brandon Turner’s book The Book on Rental Property Investing explains the process. Keep reading to learn how rental properties make money.
Are you ready to invest in your first property? How do you choose an investment property that’ll generate money? The Book on Rental Property Investing by Brandon Turner covers the basics of finding properties to invest in. You need to choose the location of your rental properties, the different property types to pick from, and how to find suitable properties. Continue reading to learn how to choose an investment property.
What are the different rental property types to choose from? How valuable are each of these property types? Investors should consider what type of property they’re interested in renting. Each has advantages and disadvantages: The Book on Rental Property Investing by Brandon Turner suggests considering things like maintenance needs, financing options, and competition when choosing what’s right for you. Below we dive into the various rental property types and what they bring to the table.
How can you find investment properties? Will you have better luck finding them online or in person? If you already know what type of property you’re interested in, it’s time to nail one down. There are several methods to do this, such as searching through eviction records or using an online database. Discover how to find investment properties in five different ways.
What types of lenders will help you finance an investment property? What’s the process of obtaining a loan? If you don’t have the cash on hand to buy properties outright, Brandon Turner states it’s essential to understand your leverage options. In The Book on Rental Property Investing, he examines three specific lender types: conventional, portfolio, and private. Keep reading to learn more about these types of lenders and how to get a loan.
Are you interested in buying and selling stocks? What are essential must-have books on stock trading? Stock trading involves buying and selling shares in various companies. To avoid potential risks, stock traders need to have a certain level of understanding of the financial market so they don’t end up losing money. We’ve compiled a list of the best books on stock trading to help you get started.
Have you found a property that’ll make you money? How do you buy an investment property? Once you’ve found the property you want to buy and have a plan for financing it, you have to buy it. In The Book on Rental Property Investing, Brandon Turner explores the process of making an initial offer and the negotiating skills required during the purchasing process. Here’s how to buy an investment property as a first-time investor.
Why does poverty exist? What geological and political factors increase people’s chances of living in poverty? For many people, once they live in poverty, it’s hard to escape it. While others might blame them for their position in society, there are external factors that prevent people from becoming financially stable. Let’s look at the five reasons why poverty exists, and why it’s not easy to solve.
What was the 1980s savings and loan crisis? How did Salomon Brothers and Lewis Ranieri navigate this crisis? Right on the cusp of the 1980s, the savings and loan industry suffered a shock that threatened to stop the housing market in its tracks. In Liar’s Poker, Michael Lewis says that instead of backing out of the mortgage bond business, Salomon Brothers dove head-first into the market, turning the US government’s plan to bail out local banks into a way to funnel money to itself. Continue reading to learn more about how the investment bank took advantage of the savings and
What are Collateralized Mortgage Obligations (CMOs)? How did CMOs defuse the mortgage bond market? During the height of the mortgage bond market, Lewis Ranieri started convincing banks to trade their bonds more frequently, allowing himself and Salomon Brothers to skim profits off every transaction. That was until CMOs came along. Discover more about the fall of the mortgage bond market.