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How to Invest in Condominiums: The Low-Risk Option for Long-Term Cash Flow
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How to Invest in Condominiums: The Low-Risk Option for Long-Term Cash Flow Paperback - 2001 - 1st Edition

by Andris Virsnieks


From the publisher

A simple proven method for improving cash flow so you can live rent-free and retire early

How to Invest in Condominiums provides a simple, low-risk blueprint for building cash flow by buying and renting out condominiums. You can provide for your retirement or improve your monthly income by investing in income-producing real estate at a very low risk to the capital you invest. Unlike stocks and bonds, real estate is immune to inflation and a fluctuating stock market and also provides some shelter from taxes-and the return on investment typically exceeds that of the average Wall Street investor!

The author includes a plan for getting started and a detailed record of his investments that shows how he grew a considerable cash flow-with only a small commitment of time and effort. This straightforward, realistic guide will help you:
* Use this method to establish long-term cash flow
* Avoid owning a money-losing rental unit
* Use professional property management to save time and money
* Avoid "fixer-uppers" v Keep your long-run effort minimal
* Live rent-free and retire early!


How to Invest in Condominiums is a reliable and realistic way to supplement your income. There are no gimmicks and no strings attached and this is not a get-rich-quick scheme. It's a long-term plan that will help you meet-and surpass-your long-term goals.

First line

The goal of this book's method is to give you as much work to do as a passive investor, such as a stock shareholder or an almost-silent limited partner, while having the control and earnings of a successful small business owner.

From the rear cover

A simple proven method for improving cash flow so you can live rent-free and retire early

How to Invest in Condominiums provides a simple, low-risk blueprint for building cash flow by buying and renting out condominiums. You can provide for your retirement or improve your monthly income by investing in income-producing real estate at a very low risk to the capital you invest. Unlike stocks and bonds, real estate is immune to inflation and a fluctuating stock market and also provides some shelter from taxes-and the return on investment typically exceeds that of the average Wall Street investor!

The author includes a plan for getting started and a detailed record of his investments that shows how he grew a considerable cash flow-with only a small commitment of time and effort. This straightforward, realistic guide will help you:

  • Use this method to establish long-term cash flow
  • Avoid owning a money-losing rental unit
  • Use professional property management to save time and money
  • Avoid "fixer-uppers" v Keep your long-run effort minimal
  • Live rent-free and retire early!

How to Invest in Condominiums is a reliable and realistic way to supplement your income. There are no gimmicks and no strings attached and this is not a get-rich-quick scheme. It's a long-term plan that will help you meet-and surpass-your long-term goals.

Details

  • Title How to Invest in Condominiums: The Low-Risk Option for Long-Term Cash Flow
  • Author Andris Virsnieks
  • Binding Paperback
  • Edition number 1st
  • Edition 1
  • Pages 224
  • Volumes 1
  • Language ENG
  • Publisher Wiley, Somerset, New Jersey
  • Date 2001-12-11
  • Features Glossary, Index, Table of Contents
  • ISBN 9780471151500 / 0471151505
  • Weight 0.68 lbs (0.31 kg)
  • Dimensions 8.94 x 6.06 x 0.64 in (22.71 x 15.39 x 1.63 cm)
  • Library of Congress subjects Real estate investment - United States, Rental housing - United States
  • Library of Congress Catalog Number 2001026750
  • Dewey Decimal Code 332.632

About the author

ANDRIS VIRSNIEKS is a former accountant for Boeing and a former cost analyst for the Department of Defense. His method for buying and holding condominiums, as described in this book, allowed him to retire at an early age.
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