Real estate investing has become popularized today due to real estate investing Traveling seminar and tv infomercials circuits. But real estate investing hasn’t always been so popular.
In the 1960s, William Nickerson wrote, “How I Turned $thousand into 3 Million in Real “How and Estate” to Make a Fortune Today Starting from Scratch.” It was one of the first real estate investing books to get national attention. A little later, Al Lowry authored “How You’ll be able to Become Financially Independent by Investing in Real Estate.” Al Lowry might be called “the father of the modern-day real estate seminars,” as he was the very first to hold seminars because of the book sales of his.
But it was Mark Haroldsen who carried the real estate investing book/seminar thrust to the next level. Haroldsen wrote, “How to Wake Up the Financial Genius Inside You.” If you were tuned in to real estate investing at that time, you recall the newspaper and magazine advertising showing an image of bald-headed and suave Mark leaning against the front hood of the Mercedes of his. The picture appeared everywhere in page ads that are full of major publications. And as Mark began selling the books of his, he began holding real estate investing seminars. I have had lunch with Mark and Al Lowry as they swapped stories of the advertising blitzes that vaulted them into national prominence for their real estate investing prowess. Mark later wrote “The Courage to be able to Be Rich” and “Tax Free.”
But it was Robert Allen who capitalized on the previous groundwork by Lowry and Haroldsen. Robert Allen was reportedly paid $1 million advance royalties for the best selling book of his, “Nothing Down,” a compilation of fifty techniques for buying property with no money. Robert had learned these techniques from several years experience with a commercial real estate firm. anderson park wrote “Creating Wealth” and “Getting Started in Real estate Investing.” The Robert Allen Real Estate Investing Seminars became a phenomenal marketing bonanza. Conventions have been held in the major cities across the country, like Orlando, LA, Dallas, Atlanta and Chicago. The authors of various real estate investing techniques spoke at these seminars, but their spiel focused on selling packages of real estate investing materials that they offered for sale. Millions of dollars of real estate investing materials have been sold at these three day conventions. The convention frenzy ushered in what has since become known as “The Nothing Down Home buying Movement” of early to mid-1980s.
I have all of these books in my personal library, and you are able to probably continue to find them in your public library and book stores. There is a great deal of information that is great in these books which will make you very experienced, although several of the ideas are out-dated.
We’re now presented various methods to make money in real estate investing in TV infomercials, seminars and books. Which is best? Who is able to say? Real estate investing is learned through trial and error. Real estate investing skills and strategies are acquired by practice. I don’t believe anyone can dogmatically recommend a technique best for another man or woman. Every home buying investor has needs that are unique and is in a special situation. Objectives of real estate investing differs.
However, if you’re limited with real estate investing educational dollars and need to produce quick return on investment, I think fixing up cheap houses is a great beginning point. Real estate investing in makeover properties generates quick, profitable dollars with risk that is very low.