Real Estate Opportunities - Bill Nickerson
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William Nickerson is a genuine real estate expert of the sixties. He receive the credit of creating many millionaires through his excellent book-How I Turned $1,000 into Five Million in Real Estate in My Spare Time. The book of 1959 is full of simple advices and strategies to guide your investment decisions. It doe not have any methods to get rich quickly. Instead, it contains proven techniques of real estate investing, which are sure to provide positive results. Even today, people depend on this book for real estate investing and William’s investing methods are common and more popular than other real estate investing methods.
William Nickerson deals with real estate practically. His first aim is to teach you to make money with real estate and not buy properties for the sake of owning them. He argues that owning real estate means a long-term investment, which will not yield any money now. You need to rent out properties, pay taxes, and charges for their maintenance. Tenant vacancies and damages to building pinch your pockets. Besides, if you store properties for sale at later time, you may not be able to predict appreciation or depreciation of your property in future. In all, you only stand to lose money through such long holding of property. The best solution is to renovate and refurnish property and sell it off at a higher price within few months. You receive profits for reinvestment and acquire still better properties. Inflation and population increase also dictate costs of your properties.
Such renovation of properties and reinvestment of profits through their sale gives you higher equity returns. William also asserts on savings program to plan for your down payment on real estate. Systematic savings over a period helps build your wealth.
William Nickerson died in 2000. He still commands high respect for his famous book. His other titles were – ‘Nickerson’s no-risk way to real estate fortunes’ and ‘How to make a fortune today starting from scratch’. Presently though his books are out of print, you may get them at eBay or used-book stores.
I am a real estate investor and all I can tell you is that you need to develop a network of people that you work with who can make you strong where you are weak. If you are being mentored by another individual or group or have gone thru course after course and have tried to succeed but are finding it difficult give me a call at 760-931-4770 or e-mail me at John@jcsbicca.com and I will discuss with you my program. I have money available for gap financing and fix up so that you can succeed. I already have 40 students that I am helping. These are not my students but another company that specializes in mentoring. My capacity is limited so I am very selective. So contact me to see if you qualify.
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