This step-by-step guide helps readers start investing in new homes to sell for profit, from finding the best property and planning the most cost-effective construction to selling quickly and profitably. Industry insider Chris Condon addresses the most critical step for investors--planning for resale through the entire process to maximize the number of potential buyers. He unearths the secrets to using innovative design and thorough planning to build a home that will be in demand--and that won't give all the savings to the builder. Offering expert guidance in budgeting, contracting, scheduling, project management, and problem solving,

Building Real Estate Riches:

• Reveals how to get the maximum value out of a house with the least cost
• Explains how to contract new homes that will appeal to new home buyers
• Explores the strategies of successful builders and developers
• Presents hidden cost-saving techniques that don't compromise quality

Featuring a companion website where you can learn more about builder secrets, Building Real Estate Riches puts you on the road to financial independence today. 224 pp.

Building Real Estate Riches - Table of Contents:

• Preface
• Acknowledgments
• Introduction
• Rental Investments
• Get Started Today!
• The Equity Strategy
• Steps to Building Equity
• The Cash Flow Strategy
• So Where Do You Start?
• Be Prepared to Ride It Out
• Location, Location, Location
• Cheap Dirt, Dirt Cheap
• Picking a Lot
• Now Look Down
• Other Considerations
• A Checklist
• A Good Foundation
• Slabs
• Crawl Spaces
• Basements
• The Cost Effective Choice
• Choosing a Style
• Size Matters
• Pick a Plan
• Off-the-Shelf Plans
• Determine Your Needs
• How Nice Is Too Nice?
• Is It a Good Investment?
• Will It Appraise?
• Am I Normal?
• Go Shopping
• Take Good Notes
• A Borrowed Idea Is a Good Idea
• Pump Up the Volume
• Where Do You Live?
• Master Bedroom and Bathroom
• Kitchen and Family Room
• Value Engineering
• What Is Value Engineering
• Master List of Cost Savers
• Choose a Cost Effective Style
• Do It Yourself
• Sweat Equity Work
• Work You Can Do During Construction
• Decorate for Resale
• Inside the House
• Outside Decorating
• Rental Properties
• What Makes a Good Rental House?
• Who Rents, and Why?
• Property Management
• Cash Flow
• Set Up an LLC
• Who's Doing the Building?
• Hiring a Builder
• Acting as Your Own General Contractor
• Hiring a Manager
• Becoming a Builder
• Let Someone Else Build It!
• Contracting
• Let the Fun Begin!
• The Contract
• Insurance
• Subcontractor and Contractor Payments
• Lien Waivers
• Volume Is King
• Financing
• Construction/Permanent Loan
• Construction Loan
• Permanent Mortgage
• Home Equity Loan
• Loan Terms that Can Cost Money
• Look Competent
• The Moment of Truth
• Glossary of Terms
• Index
• About the Author