Tips & Traps for Making Money in Real Estate

Using the same, easy-to-follow "Tips and Traps" format that has proven so popular to more than 65,000 readers nationwide, Irwin shares a proven, common sense approach for capitalizing on real estate investment opportunities in single family homes, condos, co-ops, and even apartments. He defines the current rules for investing success, highlights the reasons for failure, and breaks new ground by explaining how new considerations, such as crime, gated communities, changing tenant-landlord relationships, and zoning restrictions impact investment decisions. Here are all the practical tips and techniques needed to: Navigate safely through the cash flow and tax maze; Zero in on profitable properties close to home; Convert a "live-in" home to an income-producing property; Boost rental income with cost-effective improvement techniques; Branch out into multiple dwelling ownership; Decide when and how to opt out of a property to realize maximum gain.