Hold (Review and Analysis of Chader, Doty, Mckissack and Mckissak's Book)
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About this ebook
This summary of the ideas from Steve Chader, Jennice Doty, Jiim McKissack and Linda McKissack's book "Hold" shows that buying and holding real estate is the most effective strategy to build wealth. In their book, the authors highlight the elements of the "Hold" strategy, which is a long-term investment approach and consists of five stages. This summary explains each of these five stages and how you can follow them to start climbing the real estate ladder.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your knowledge
To learn more, read "Hold" and discover the key to generating wealth with real estate.
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Hold (Review and Analysis of Chader, Doty, Mckissack and Mckissak's Book) - BusinessNews Publishing
Book Presentation: Hold by Steve Chader, Jennice Doty, Jim McKissack and Linda McKissack
Book Abstract
About the Author
Important Note About This Ebook
Summary of Hold (Steve Chader, Jennice Doty, Jim McKissack and Linda McKissack)
Book Abstract
MAIN IDEA
Of all the potential ways available to build wealth, buying and holding real estate is absolutely the most effective and most reliable long-term strategy that exists. While this is not a get-rich-quick approach, real estate investing requires less capital and offers more control than all other forms of investing.
The HOLD strategy is a long-term investment approach:
FIND – Understand the criteria for buying the right real estate
ANALYZE – Be astute in the way you carry out due diligence
BUY – Make money going in, not hoping it will work out later
MANAGE – Run your property investments like a business
GROW – Use leverage intelligently to accelerate returns
Ninety percent of all millionaires become so through owning real estate.
– Andrew Carnegie
About the Author
STEVE CHADER and JENNICE DOTY are partners in a real estate investment firm which provides management services for more than 1,000 residential homes and 35 commercial income generating properties. Steve Chader has been investing in real estate since the 1970s. Jennice Doty has been in the real estate industry since 1972.
JIM McKISSACK and LINDA McKISSACK brought their first investment property in 1991 and today head a real estate enterprise with 79 single-family homes, 6 commercial buildings, 2 multifamily