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　　A Must-read guide to real estate investing during turbulent

times Given the current state of the economy, you might be asking

yourself if right now is the right time to be investing in real

estate. With the third edition of "Getting Started in Real Estate

Investing" as your guide, you'll quickly discover how a combination

of commitment and caution can help you make it in today's market.

Designed for investors who want to get started in real estate, but

don't know where to begin, this reliable resource will help you

break into this fast-moving field and build equity the right way.

"Getting Started in Real Estate Investing, Third Edition" addresses

everything from selecting the right properties and becoming a

landlord to using the proper tax strategies and finding the right

professionals to work with. It also outlines issues you must be

aware of in light of recent events, including the best ways to

finance your real estate investments, considering the status of

mortgage financing, and new requirements that may be thrown at

borrowers. The new edition is updated to include information on:

Surviving in the post-bust housing market Picking investments with

the new credit realities Looking ahead to future housing booms

Reading the emerging housing trends Written in straightforward and

accessible style--with a focus on residential and multifamily

properties--"Getting Started in Real Estate Investing, Third

Edition" also contains helpful information that will allow you to

analyze your financial ability to buy and hold real estate as well

as avoid potential pitfalls. In order to excel in real estate

investing, you need to start by defining what you want to do and

how much risk you can afford. But ultimately, success depends on

making informed decisions about where and when to invest, and

"Getting Started in Real Estate Investing, Third Edition" gives you

the tools to achieve these goals--even under the most difficult

market conditions.

About the Author. 

Introduction: The Allure of Property. 

Chapter 1: Should You Be a Real Estate Investor? 

Chapter 2: How to Choose Property. 

Chapter 3: Financing Your Investment. 

Chapter 4: The Cost of Borrowing. 

Chapter 5: Tax Benefits of Real Estate. 

Chapter 6: Setting Up Your Books. 

Chapter 7: Managing Your Investment. 

Chapter 8: Analyzing the Market. 

Chapter 9: Analyzing Your Financial Capability. 

Chapter 10: Working with Professionals. 

Chapter 11: Becoming a Landlord. 

Chapter 12: The Fixer-Upper Market. 

Chapter 13: The Property-Flipping Market. 

Chapter 14: Passive Investments. 

Chapter 15: Other Ways to Invest. 

Chapter 16: Setting Your Investment Goals. 

Appendix. 

Glossary. 

Index.

　　Michael C. Thomsett has written more than sixty books on

investing, real estate, business, and management. He is the author

of several Wiley books, including the eight editions of the

bestselling Getting Started in Options , as well as Getting Started

in Property Flipping and the two previous editions of Getting

Started in Real Estate Investing .

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A Must-read guide to real estate investing during turbulent times Given the current state of the economy, you might be asking yourself if right now is the right time to be investing in real estate. With the third edition of "Getting Started in Real Estate Investing" as your guide, you'll quickly discover how a combination of commitment and caution can help you make it in today's market. Designed for investors who want to get started in real estate, but don't know where to begin, this reliable resource will help you break into this fast-moving field and build equity the right way. "Getting Started in Real Estate Investing, Third Edition" addresses everything from selecting the right properties and becoming a landlord to using the proper tax strategies and finding the right professionals to work with. It also outlines issues you must be aware of in light of recent events, including the best ways to finance your real estate investments, considering the status of mortgage financing, and new requirements that may be thrown at borrowers. The new edition is updated to include information on: Surviving in the post-bust housing market Picking investments with the new credit realities Looking ahead to future housing booms Reading the emerging housing trends Written in straightforward and accessible style--with a focus on residential and multifamily properties--"Getting Started in Real Estate Investing, Third Edition" also contains helpful information that will allow you to analyze your financial ability to buy and hold real estate as well as avoid potential pitfalls. In order to excel in real estate investing, you need to start by defining what you want to do and how much risk you can afford. But ultimately, success depends on making informed decisions about where and when to invest, and "Getting Started in Real Estate Investing, Third Edition" gives you the tools to achieve these goals--even under the most difficult market conditions.