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Are You Dumb Enough to Be Rich?: The Amazingly Simple Way to Make Millions in Real Estate »

Book cover image of Are You Dumb Enough to Be Rich?: The Amazingly Simple Way to Make Millions in Real Estate by G. William Barnett

Authors: G. William Barnett, Robert G. Allen
ISBN-13: 9780814474037, ISBN-10: 0814474039
Format: Paperback
Publisher: AMACOM
Date Published: January 2008
Edition: (Non-applicable)

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Author Biography: G. William Barnett

G. William Barnett II (Fort Worth, TX) is Director of Acquisitions at CAPSTONE Properties Group. He was a nationally syndicated television producer before becoming a millionaire through real estate investing. The first edition of Are You Dumb Enough to Be Rich? was chosen by nationally syndicated real estate columnist Robert Bruss as one of the 10 best real estate books of the year when it was published.

Book Synopsis

No investment strategy has created more millionaires than real estate . . . even in less-than-stellar markets. This new edition of the bestselling Are You Dumb Enough to be Rich? empowers readers to take their first steps toward real estate investing. The book walks readers through a special 120-day plan for starting down the road to real estate wealth. Barnett gives readers the information and resources they need to find the neighborhoods with the most potential, avoid the common pitfalls of real estate investment, and build personal and professional credibility.

The new edition includes exciting trends and opportunities to take advantage of, changes in specific state laws . . . even ways to actually profit from a downturn! In addition, the book now includes Barnett's new "Hot Mapping" system for figuring out where to invest.

Too many real estate books focus on stories and unrealistic examples of how other people became rich. Are You Dumb Enough to be Rich? offers real strategies for people wishing to make smart, low-risk investments. Straightforward and easy-to-follow, this book demonstrates that anyone can make money—lots of it!—in real estate.

Naples Daily News

This is an excellent book with a unique approach, which every new and experienced real estate investor should read. On my scale of one to 10, this outstanding book rates a solid 10.—Robert J. Bruss, Inman News Features

Table of Contents

Foreword     vii
Preface     ix
Acknowledgments     xi
Introduction     1
The Mindset of a Multi-Millionaire...or Someone Stole Our Tent     13
I Bought the Book. What Do I Do Now?: Nine Surefire Methods to Get Motivated Sellers Calling You     22
WOW!     32
Finding Investors: Come on in, the Investor Pool is Fine     41
Buying Huds: Or How to Be a Hud Stud or Studdette     52
Rehabilitating Houses: Turning Trash Into Cash     63
Getting to the Heart of Rehab: The Money Rooms     75
Foreclosure of Pre-Foreclosure? That is the Question     83
Pre-Foreclosure: The Preferred Choice     92
What is Hot Mapping? What's Hot and What's Not     107
More Hot Mapping     120
Would You Like A Free House?     131
Getting Paid to Buy a House     141
Making Multiple Offers: Pick an Offer, any Offer     151
Generating a Quick Sale: I Got 'Em, Now How Do I Get Rid of Them?     161
Doing Real Estate Online: Oh, What a Tangled Web We Should Weave     170
Alternative Real Estate     181
Becoming a Lien, Lien, Liening Machine!     190
If Death and Taxes are Certain, Let's Be Dead Certain About Taxes     200
Holy Cow, You're a Multi-Millionaire!     210
There is No I in the (Dream) Team     218
On the Road to Plenty: Week 1 of Your 30-Day Orill Down     228
Where the Rubber Meets the Road: Week 2 of Your 30-Day Drill Down     248
This is Where the "Tuff" Get Going: Weeks 3 and 4 of Your 30-Day Drill Down     260
The Foundation Has Been Laid: Now Let's Start Building a Business     272
Resources     287
Suggested Reading     289
The Business Card     291
Index     293
About the Author     299

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