Real-options

This is a super book for investors that are looking for a truly profitable but underutilized technique that almost all real estate investors overlook. That is, creating a straight option to buy real estate from a seller, and then turning around and selling that option to an end buyer for a profit. The book talks about making money by controlling properties, not owning them, through real estate options. This is a brilliant idea that I know my competitors know nothing about. This is the ultimate tool in your real estate investment tool chest. I wish I read this book before I did my first option agreement. I would have avoided some of the mistakes that I made. But even with the mistakes, I still made a tidy profit. So I know it works. I found at least 10 new ideas that I will incorporate into my future real estate option deals. If you are or plan to be a serious real estate investor, you need to have this book in your library. I highly recommend this book.

...

It is obviously written for the individual that is just getting started in rental properties, but that is the intent of the book, and the author makes that very clear on the cover and forward. BUT, then he actually delivers!

I have had countless students in my passive income investment courses, and now I intend to add this easy read to my rental income properties classes as a must read!

I would have liked to see some more meat in certain chapters, such as how did he construct the financing of his purchases, and possibly a financial blueprint of his year by year ROI as he developed his portfolio. Also, there is little to no mention of the tax implications of his investments, but I can only speculate that they are great. Overall Andris Virsnieks accomplished his mission, and that was to write a "How-To" for the absolute novice!

Some of the most important and unique areas of the book involved the detailing of his condominium purchase's, and how he amased his portfolio of rental properties and the cash flow details of each. He then goes on to advise what he learned through each experience, and what he would do differently in hind sight.

Adris compares his condominium purchases with traditional single-family style homes, apartments and duplexes. He makes a strong case for the freedom associated with condominiums versus other rental real estate properties. I'm looking forward to a second edition of this book, and hopefully he will include some of the areas suggested above.

This is a must buy for anyone wanting to create passive income through rental properties.

This book is so easy to read and understand. After watching my stocks loose all of their gains from the last 10 years almost over night, I determined to use this investment formula for my future. The plan is straight foreword and can be applied any where you live. I have already purchased my first rental and it is paying for itself.

An absolute MUST-READ for renters, owners and investors! Virsnieks' book was a real eye-opener for me as a beginner, taking the scariness out of investing in real esate. He describes his very safe, easy, painless and patient step-by-step method he developed personally for buying one condominium at a time to slowly build up a real estate portfolio. His conversational tone makes his book fun to read. Buy it and read it, it will change your whole outlook on investing!