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January 6,
2008 ( PowerHomeBiz ) - New York, NY
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With foreclosure rates hitting new heights—as reported recently by the Mortgage Bankers Association, the national foreclosure start rate was the highest in the history of the national survey conducted since 1953—and properties and financing coming more cheaply than ever, no time could be better for anyone interested in "flipping" houses and building wealth through real estate. Even in less-than-stellar markets, no investment strategy has created more millionaires than real estate. But those seeking to take their first, tentative steps into this lucrative realm must be careful to choose a mentor with the knowledge and experience necessary to guarantee success.
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The new, updated edition of the bestselling ARE YOU DUMB ENOUGH TO BE
RICH?: The Amazingly Simple Way to Make Millions in Real Estate by G.
William Barnett II (AMACOM; January 31, 2008; $18.95 Paperback) walks
readers through a special 120-day plan for starting down the road to real
estate wealth. Unlike many real estate books that focus on stories and
unrealistic examples of how other people became rich, ARE YOU DUMB ENOUGH TO
BE RICH? offers real strategies for people wishing to make smart, low-risk
investments.
The book provides the information and resources needed to find the
neighborhoods with the most potential, avoid the common pitfalls of real
estate investment, and build personal and professional credibility. Readers
will find out the answers to questions such as: What are some of the tax
credits and benefits readily available to real estate investors? Are there
certain ground rules for rehabbing a house? Is it really possible for a lone
real estate investor to consistently outbid real estate agencies? When does
it pay to invest in professional contractors and landscapers? How should an
investor go about tracking down foreclosed properties? Why should a real
estate investor offer a potential seller a pre-foreclosure deal?
The new, expanded edition now includes Barnett's “Hot Mapping” system for
figuring out where to invest. In addition, the book includes changes in
specific state laws, ways to actually profit from a downturn, and exciting
trends and opportunities to take advantage of.
As influential investment advisor and bestselling author Robert G. Allen
puts it in his foreword, "For the average man or woman, financial freedom
can be achieved faster through real estate than any other investment."
Straightforward and easy-to-follow, ARE YOU DUMB ENOUGH TO BE RICH?
demonstrates that anyone can make money—and lots of it—in real estate.
"I first met Bill in 1978 when he was associated with Dr. Norman
Vincent Peale and I'm proud to call Bill my friend. In Are You Dumb
Enough to Be Rich? he encapsulates what my life has been built
on—helping others achieve financial freedom." —Mark Victor Hansen,
Co-Creator of the #1 New York Times bestselling Chicken Soup for the
Soul series
About the Author:
G. William Barnett II is Director of Acquisitions at Capstone Real Estate
Investments, LLC. He was a nationally syndicated television producer before
becoming a real estate millionaire. The first edition of Are You Dumb Enough
to Be Rich? was chosen by nationally syndicated real estate columnist Robert
Bruss as one of the 10 best real estate books of the year. Mr. Barnett lives
in Fort Worth, Texas.
Title: ARE YOU DUMB ENOUGH TO BE RICH? The Amazingly Simple Way to Make
Millions in Real Estate Second Edition
Author: G. William Barnett II
ISBN: 978-0-8144-7403-7
Pub. Date: January 31, 2008
Price: $18.95
Pages: 304
Contact Information
For review copies, call (212) 903-7951 or fax (212) 903-8083. To purchase
copies, call 1-800-714-6395. Visit AMACOM online at www.amacombooks.org.
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