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Building Real Estate Riches, by Chris Condon
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Save money by finding and financing the right property
This step-by-step guide helps readers start investing in new homes to sell for profit, from finding the best property and planning the most cost-effective construction to selling quickly and profitably. Industry insider Chris Condon addresses the most critical step for investors-planning for resale through the entire process to maximize the number of potential buyers. He unearths the secrets to using innovative design and thorough planning to build a home that will be in demand-and that won't give all the savings to the builder. Offering expert guidance in budgeting, contracting, scheduling, project management, and problem solving,
Building Real Estate Riches:
- Reveals how to get the maximum value out of a house with the least cost
- Explains how to contract new homes that will appeal to new home buyers
- Explores the strategies of successful builders and developers
- Presents hidden cost-saving techniques that don't compromise quality
- Sales Rank: #3134263 in Books
- Published on: 2004-03-12
- Released on: 2004-03-02
- Original language: English
- Number of items: 1
- Dimensions: 8.80" h x .49" w x 5.90" l, .57 pounds
- Binding: Paperback
- 224 pages
- ISBN13: 9780071436830
- Condition: New
- Notes: BRAND NEW FROM PUBLISHER! 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!
From the Back Cover
Learn the money making secrets of today's most successful real estate developers and builders!
There are plenty of books offering "sure-fire" real estate investment tips. But when it comes to sharing trade secrets, builder/developers are the ultimate source of information. Now, in Building Real Estate Riches a highly successful builder/developer reveals, for the first time, his techniques for reaping maximum profits from real estate investments. More importantly, he shows how you can use those techniques to cash in on today's new home market.
From scouting the best locations and planning cost-effective construction to selling quickly for maximum profit, Chris Condon covers all the bases. He offers expert guidance on the entire decision making process. Building Real Estate Riches shows you how to successfully invest in the new home real estate market. You'll discover how to:
- Get the maximum value out of a new home with the least possible investment
- Create homes that buyers will compete for
- Use cost-cutting techniques that don't compromise quality
- Get your house built without giving away the profit
- Build your dream home, rental properties and your wealth one house at a time
- Live debt-free while amassing equity through real estate
Featuring a companion website where you can learn more about builder secrets, Building Real Estate Riches puts you on the road to financial independence today.
About the Author
Chris Condon is vice president of Mungo Homes, one of the nation's market leaders in home building. He has spent his whole career in construction and real estate investing. He lives in Irmo, South Carolina.
Most helpful customer reviews
4 of 5 people found the following review helpful.
Excellent, inspiring book
By Susan C.
I was interested in learning more about building new houses for profit, so I went looking for a book that focused on just that. Enter "Building Real Estate Riches," which is a user's manual for value engineering methods that can save big bucks on a build.
For example, Condon lists certain types of houses that, by their very nature, are more affordable to build than others. Same amount of square-footage, same value on the market as other types of houses -- but through efficient material usage, they cost less. And there are dozens and dozens of other ideas -- from using alternate materials, to changing room sizes, to doing certain aspects of the work yourself, that will result in a bigger profit when it comes time to sell your house. You wouldn't want to incorporate all of his ideas -- and he's the first to tell you that -- but many can be worked in without compromising the value of the house. Condon's extensive experience as a builder is obvious.
Even if you plan on hiring a general contractor to build a home for you, this book shows methods you can use to participate in the build -- and save. The book concentrates on very specific things that can be done to save money while still producing a top-notch, mareketable home. Links to Internet supplements are also provided. You'll need Microsoft Power Point to be able to view them.
Upon completion of "Building Real Estate Riches," I read its companion book, "Some Assembly Required," also by Chris Condon. Both can be read in a couple of days, and as far as I'm concerned, are required reading for any newbie (like myself) who plans on building a home -- whether you plan on selling it after a couple of years or not.
2 of 2 people found the following review helpful.
back to basics
By A. Belcher
This book is an excellent guide for do-it-yourselfers who basically want to start from scratch and build a cost effective house. The author gives plenty of practical cost saving tips throughout the process. I didn't give it 5 stars because I was expecting more insight into the financial structures and more about developing multiple sites as opposed to building your own home and selling it a few years later. This book is easy to read and understand, Chris Condon goes into detail with practical tips and this book is worth a read...at a basic hands on level. Great for speculation builders or for penny pinchers doing their own homes. I have come away with valuable tips after reading the book....its value for money.
8 of 10 people found the following review helpful.
3 1/2 stars
By J. Daily
This book offers a solid overview of how to "build" equity in your house, then sell after a couple of years and move into the next house you've built, and so on until you own your fourth (or so) mortgage free. Even build rental houses and own them for below market prices. This is basically what builders do.
There is some very good advice on choosing a buildable lot and "value engineering" or how to design the home to get the most for your money.
He covers good, basic tenets such as borrowing ideas from plans, model homes, and other houses already built so you can incorporate successful ideas already implemented. His reasoning being you cant come up with a new idea in home design anyway, and you dont want to for resale purposes (you dont want the only house with your different design elements on the block - it will hinder resale.)
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