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Making Money in Real Estate: The Canadian Guide to Profitable Investment in Residential Property, Revised Edition Revised Edition
Author(s): . Douglas Gray (Author)
Publisher: John Wiley & Sons Canada
Publication Date: January 1, 2005
Edition: Revised Edition
Language: English
ISBN-10: 0470836202
ISBN-13: 9780470836200
Book Description
The Canadian Guide to Investing in Residential Property
Successful real estate investments play an essential role in Canadian investors’ portfolios. The growth in wealth in real estate markets has presented investors with tremendous opportunities to capitalize on and expand their range of investments. In Making Money in Real Estate, Douglas Gray demystifies the Canadian real estate market for novice investors and presents new strategies for veteran investors. Learn to:
Understand the real estate market cycles
Find a property and assess its investment potential
Build a trustworthy real estate team
Arrange financing on good terms
Use negotiating tactics that work
Understand tax and legal issues
Manage a property
Avoid the pitfalls that many investors fall into
Examine the pros and cons of non-residential property investment options
Making Money in Real Estate is a critical and indispensable tool in investment decision making.
Editorial Reviews
From the Inside Flap
Making Money in Real Estate: The Bestselling Canadian Guide to Investing in Residential Property
For the Canadian investor who is looking to build wealth through real estate, Making Money in Real Estate is an exceptional guide and resource designed to be actively consulted and successfully applied. The author, Douglas Gray, draws on his vast experience as a lawyer, consultant and author to offer investors – both novice and veteran – an “A to Z” of “street-smart” real estate investment knowledge and strategies.
At your fingertips, you are provided with practical and essential information on:
types of investment properties to consider
locating properties that fit your investment goals
building a team of experts
negotiating with sellers
mortgage financing and tax issues
insurance options
property management
selling a property
developing a personalized investment plan that works
financial and estate planning.
The glossary, checklists, mortgage tables, sources of further information and a comprehensive index round out this book.
Real estate is long-term investment. Be informed – avoid the pitfalls and make prudent decisions, because those choices will have a significant impact on your financial health. Look to Making Money in Real Estate as the benchmark of “how to” for profitable real estate investing.
From the Back Cover
Douglas Gray is Canada’s bestselling real estate and small business author. Hundreds of thousands of Canadians have relied on his books for their comprehensive information, insider tips and practicality. Here is what the critics have said about his real estate guides:
“Gray delivers the goods. It is all-Canadian, and not a retread book full of tips that are worthless north of the U.S.-Canada border. It’s chockfull of practical street-smart strategies and advice … thorough and eminently usable.”
Business in Vancouver
“… no legalese here … just some good ol’ street-level English that explains – mostly for the benefit of novices – all the real and perceived complexities of mortgages.”
Calgary Herald
“The prolific output of real estate and financial books establishes Gray as a Canadian voice … [He] provides consumer insights into securing the best deal and avoiding the pitfalls … Gray’s legal background has given him valuable insights.”
Edmonton Journal
“[The] author knows what he is talking about … full of street-smarts and practical advice…”
Halifax Chronicle-Herald
About the Author
Douglas Gray, B.A., LL.B., formerly a practicing lawyer, has extensive experience in all aspects of real estate and mortgage financing. He has acted on behalf of buyers, sellers, developers, investors, lenders and borrowers. In addition, he has over 30 years of personal experience investing in real estate. He is the author of 20 best-selling real estate, business and personal finance books, as well as a consultant and columnist.
Mr. Gray gives seminars on real estate throughout Canada to the public, as well as for professional-development programs for the real estate industry. He has presented to more than 250,000 people and is frequently interviewed by the media as an authority on real estate and small business entrepreneurship. Mr. Gray is president of the Canadian Enterprise Development Group Inc. and lives in Vancouver, BC. His website is www.homebuyer.ca.