Building Real Estate Wealth in a Challenging Market

Anyone that has talked to me about real estate investing knows that I really like John Schaub’s book . Mr. Schaub has a new book out concerning real estate investing titled Building Real Estate Wealth in a Challenging Market.

I’ve only just begun the book. (Chapter 4 at this point.) But once again I have to say that I am happy with what I’m reading. As reasonable adults with differing opinions I stress that I don’t endorse 100% of Mr. Schaub’s thoughts and ideas. But by in large, it’s right on track with my way of thinking.

From the Introduction…

For 35 years I have adapted my investment strategy to change. Recessions, tax law changes, and fluctuating interest rates have all taken their best swing at the housing market. Through it all an din spite of periodic predictions of a housing collapse, house prices have continued their steady climb.

Today the stage is set for a wave of distress selling and a new era of buying opportunities. Lenders have long forgotten the collapse of the real estate market in the 1980’s. New young lenders are making many high-risk loans. Some of today’s borrowers will become tomorrow’s distressed sellers. The next few years will bring the opportunity of a lifetime to buy quality properties at bargain prices.

It should be noted that the copyright on this book is 2007. Meaning he wrote those two paragraphs at some point in 2006 BEFORE the mortgage crisis. Nothing beats experience.

Building Real Estate Wealth in a Changing Market: Reap Large Profits from Bargain Purchases in Any Economy

2 Comments

Filed under Worth Reading

2 responses to “Building Real Estate Wealth in a Challenging Market

  1. Unknown's avatar Kathleen Couch

    Chris,
    Have you ever got a chance to hear him speak? He is a very approachable, regular type guy. Not arrogant at all. May I say, kinda grandfatherly. I heard him speak at a real estate investing conference several years ago.

  2. Unknown's avatar Chris Lengquist

    I’ve never been to an event of his. But I’ve spoken with him once briefly over the phone and again by email.

    I like his real life approach to investing. No hype for camera flashes. Just long term steady growth.

Leave a reply to Kathleen Couch Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.