Summary: How to Make It When You're Cash Poor
Review and Analysis of Norton's Book
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Summary: How to Make It When You're Cash Poor
Review and Analysis of Norton's Book
About This Book
The must-read summary of Hollis Norton's book: `How to Make It When You're Cash Poor: Strategies for Buying Real Estate With Little or No Cash`.
This summary of the ideas from Hollis Norton's book `How to Make It When You're Cash Poor` shows that despite the property meltdown of recent years, anyone can still make big money in real estate, even if they donât have much cash to put down. The key is to solve a problem for the sellers, creating a win/win situation â they win by getting a problem solved and you win financially by being creative. Investment in property still remains the safest, most secure and profitable way to go about building a fortune. This summary takes the reader through every aspect of buying, renovating, maintaining and selling. It explains how to invest when you have no money, how to research your market, how to calculate real market value and how to talk intelligently to sellers. It tackles possible problems and most importantly of all, it sets out a long-term strategy whereby property can become your most profitable pension. In short, real estate management and wealth creation isnât complicated, even in todayâs climate. Anyone can learn how to create a steady, long-term income.
Added-value of this summary:
⢠Save time
⢠Understand the key concepts
⢠Develop your business knowledge
To learn more, read `How to Make It When You're Cash Poor` and discover a comprehensive guide to succeed in real estate management and create wealth.
Frequently asked questions
Information
Summary of How To Make It When Youâre Cash Poor (Hollis Norton)
1. What Are You Waiting For?
- Buy a simple, cheap diary and start writing down; - Your financial goals.- How much time each day you are spending on your wealth building program.- How many actual written offers to purchase real estate you have made each week.
- Quit watching television completely. Promise you can start watching TV again when your net worth reaches a predetermined level.
- Plan a reward for yourself. Pick something you have always wanted to do and decide for what achievement you can reward yourself that way. Then go to work.
- Donât buy anything that depreciates in value. Rent or lease things for the period you need them rather than buying them. Save all your cash for investment in assets that will appreciate in value.
2. How To Eat A Cow
3. What You Need To Know
About Real-Estate Investing
Table of contents
- Title page
- Book Presentation
- Summary of How To Make It When Youâre Cash Poor (Hollis Norton)
- About the Summary Publisher
- Copyright