(Part 2) Reddit mentions: The best buying & selling homes books

A friend gave me this book and I thought it was incredibly good. https://www.amazon.com/Mortgages-Truths-About-Buying-Youll-ebook/dp/B06XK2912M/ref=sr_1_1?ie=UTF8&qid=1550872723&sr=8-1&keywords=will+duffy+mortgage

if you like reading i would recommend this book

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Nolo's Essential Guide to Buying Your First Home

https://www.amazon.com/Nolos-Essential-Guide-Buying-Guidel/dp/1413327001/ref=dp_ob_title_bk

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for first time homebuyers.. DO LOOK UP

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- individual development account (IDA) -- help with down payment

- Community land trust (CLT) -- program where you buy the house but rent the land from the city ($30-$50/month) -- the house price is usually 40-50% less than market price

- realtor who will take 3% commission from the seller not the buyer (you)

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big bank vs credit union-- will depend on which one will offer a lower rate .. imo

I'm gonna plug my buddy's book here. It might help you if you're thinking you need to waive an inspection in order to close a deal.

The Confident House Hunter

Sure thing, it is free for the next 4 days

http://www.amazon.com/Land-Flipper-Turning-Dirt-Dollars-ebook/dp/B01CEZLS04/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1456940151&sr=1-1

> What kind of red flags to look out for for coops/condos?

1. Make sure you have a good lawyer who is really going to do all the necessary due diligence.
   
   
2. Read this book.

Ce livre écrit par un ami. C'est en anglais mais c'est super bien expliqué. C'est un achat de A a Z d'un appart à Paris mais tous les trucs et astuces s'appliquent pour n'importe qu'elle achat immo en France (genre pour réduire ses frais de notaires, etc...)

I agree, as long as you can swing an extra bedroom, more than 1 bedroom is a good idea for resale. I bought a 2BR, plus if I retire, grow old here, the 2nd bed room can be used for overnight health care if I need to have someone stay with me.

Maintaining is key. Can you handle the snow removal/lawn care involved? If not, perhaps a condo or co-op may be an option? But then you're stuck with listening to a homeowners' association. If you still want your own, detached home, but can't do snow removal or lawn care, start shopping around to see what that costs in your area so you can budget that in.

It was back in 2001, but I think an earlier edition of this and Homebuying for Dummies were the 2 books I bought to educate myself about house hunting, mortgages and the closing process:
https://www.amazon.com/Consumers-Buying-Barrons-Consumer-Guides/dp/B006G8HNOG

However, that's from 2008, so I'd look for something written after the mortgage meltdown crisis, because that's signficantly changed things.

And look at the neighborhood and building or complex. One nice thing about my place is the 2nd bedrooms are very small, so people tend to move out when they have kids or a 2nd one. So there aren't a lot of kids screaming and running around where I live.

As a recent first-time buyer myself, I strongly recommend reading this book: Nolo's Essential Guide to Buying Your First Home. It breaks down the whole home buying process in ELI5 terms, and really helped me out.

Check out this book if you want to do stuff with mobile homes. https://www.amazon.com/Deals-wheels-finance-mobile-profits/dp/B0006S1ZJG

I keep recommending it to my stepbrother because it would be perfect for him but I don’t think he likes to read :-(

There's a book aimed at for sale by owner (FSBO) I found very insightful, written by a real estate attorney. It was harder to look this one up, or I'd have mentioned it in my earlier post:
http://www.amazon.com/Complete-Kit-Selling-Your-Home/dp/1572483539

Of course you could check it out from the library, but at $0.01 plus $4 shipping maybe it's worth just buying.

I bought this book a few months ago and I think it has exactly what you're looking for:

300 Ways to Buy, Sell, or Exchange Real Estate
http://www.amazon.com/gp/aw/d/098951904X

Hope this helps. I don't stand to benefit from your purchase.

As long as you have a plan on long distance investing then this is fine.

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look into a fha loan 3.5% deposit since you'll be there for at least a year.

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https://www.amazon.com/Long-Distance-Real-Estate-Investing-State-ebook/dp/B07818K85L/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=1555435656&sr=8-3

Land Flipper

http://www.amazon.com/Nolos-Essential-Guide-Buying-First/dp/1413313221/ref=sr_1_1?s=books&ie=UTF8&qid=1333918518&sr=1-1

http://www.amazon.com/Home-Buying-Dummies-Eric-Tyson/dp/1568843852/ref=sr_1_2?s=books&ie=UTF8&qid=1333918518&sr=1-2

Non-mobile: http://www.amazon.com/dp/098951904X

^That's ^why ^I'm ^here, ^I ^don't ^judge ^you. ^PM ^/u/xl0 ^if ^I'm ^causing ^any ^trouble. ^WUT?

check out biggerpockets.com and specifically this book or audio book:
https://www.amazon.com/Long-Distance-Real-Estate-Investing-State-ebook/dp/B07818K85L

Weirdly, I found a book on this very subject while browsing Amazon the other day: http://www.amazon.com/The-Abandoned-Property-Investors-Kit-ebook/dp/B001JKV8D8
From what I can gather: You move in, pay the property taxes and then try to convince authorities to sign the deed over to you.
Not sure that would work here in New Zealand, though.

First - politely inform them that you feel communications should cease as you are not a licensed contractor.

2nd - home chepot and Lowes and menards (if in US) have classes for this.

3rd - I have given this to a couple r/kevin ‘s in my life (people completely unable to adult or even aware that they needed to) and was amazed at how much it helped -
The First-Time Homeowner's Survival Guide: A Crash Course in Dealing with Repairs, Renovations, Property Tax Issues, and Other Potential Disasters https://www.amazon.com/dp/0814473725/ref=cm_sw_r_cp_api_i_ugenDb8HMP6CA

This one may seem rude if they don’t get the pun or are sensitive type.
Home Maintenance For Dummies https://www.amazon.com/dp/047043063X/ref=cm_sw_r_cp_api_i_YeenDbPEBKNXW

This one is a great guide and I actually use it regularly for training in hotel maintenance and housekeeping classes.
The Martha Manual: How to Do (Almost) Everything https://www.amazon.com/dp/1328927326/ref=cm_sw_r_cp_api_i_wfenDb3KGNC5J

If you are based in the UK, I read Samuel Leeds' book 'Buy Low Rent High' which can be purchased here. It is extremely informative and the dude also offers video content through his YouTube channel.

He explains several strategies and gives guidelines on what to look for in property investment.

If you do not reside in the UK, I would still suggest reading it because most of his explanations apply worldwide.

Read Shift. It was written for realtors in reaction to that recession.

lol! You poor bastard! Real Estate is a long term money sink, it's a great place to hide money, clean money, and do various other things which are on the surface legitimate, but in reality are kinda sketchy.

If you want something to start with, I'd recommend one of John T Reeds classics called Fixers. https://johntreed.com/products/fixers

The basic points are covered in this post. https://johntreed.com/blogs/john-t-reed-s-real-estate-investment-blog/114371907-how-fixer-uppers-really-work

If you decide you want to get into small town home rentals, or flips, there's one indy book that been going around that has some potential. https://www.amazon.com/Scavenge-Your-Real-Estate-Riches/dp/0989599116

That one is about as hands on as you can get for a general market book. Things like how to find the financing, where to get cheaper contractors, materials, etc.

Not covered in either of those two, but needs looking into, would be overall risk assessment. Are the sewer mains and water lines 150 years old? Is the power grid rotten? This neighborhood is overrun by OLD Siberian Elms, and is prone to ice storms, that's a bad thing right? Oh, the local Zion Lutheran church is bringing in 1800 Sudanese refugees, that'd be good for local property values right?

And that's where you need to find some local landlords groups, even if you'll be doing something like land contracts where you might be able to dodge some of the local inspection requirements, you still have to know the eviction process, how to draw up a proper contract, and a bunch of other things you won't find out until too late. Like about how someone can be evicted one week, and it might not show up in the database of your background check place for 3 weeks, or several months, even worse for criminal convictions. However, Google search, will pop up something like "Mugshot townname tenantname" and you'll find out all sorts of crazy things about your tenant, or rent to own person. Oh, they were the passenger in a high speed chase, and their cousin overdosed 3 years ago, and died last week from CO poisoning along with 5 other junkies down the road. If you're doing a land contract for a house that's in pretty nice shape, I'd spring for the cost of a Lexis Nexis search.