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Bricks and Mortar: A Practical Guide to Building Wealth in Real Estate - Couverture souple

Ellsworth, William

 
9798188111359: Bricks and Mortar: A Practical Guide to Building Wealth in Real Estate

Synopsis

Everyone says real estate builds wealth. Almost nobody tells you the unglamorous truth about how — or how quickly leverage can wipe you out. William Ellsworth has owned the property, managed the tenants, and made the mistakes. In Bricks and Mortar he hands you the blunt, practical education he wishes he'd had.

No gurus, no weekend seminars — just the real mechanics of building wealth with property. How rental cash flow actually works, with the numbers worked out instead of hand-waved. What leverage gives you, and what it can take away. How to buy right, screen tenants, survive vacancies and midnight repairs, and spot the deal that's really a trap. When to own directly, and when REITs make more sense.

Every example is worked in plain dollars, so you can see exactly where the money goes. Ellsworth's voice is dry, direct, and mercifully free of hype: real estate is a tool, he says — not a religion. If you want property to build your wealth instead of ruin it, start here.

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