Clear planning plus persistence can take you "all the way to your ultimate dream of financial independence," according to TV financial guru Del Dotto in this fact-packed guide to often-bypassed roads to riches. His strategy is to buy distress-priced goods at police or postal auctions, foreclosure sales, etc. (a $100,000 airplane, perhaps, for $15,000), then resell for a substantial profit and invest the proceeds in real estate. Almost round-the-clock detail work seems to be involved--attending auctions, arranging storage, finding buyers, obtaining credit and so on, but Del Dotto, citing case histories, tells with bubbling confidence how to go about it. An appendix lists federal information sources and provides sample transaction forms. Author tour. Copyright 1989 Reed Business Information, Inc.--This text refers to an out of print or unavailable edition of this title.
I purchased this work at least a decade ago or more. It has been helpful in identifying foreclosure properties in real estate. Buyers need to do the detailed investigatory work prior to purchasing a property. In addition, it is to your advantage to get involved with some of the fix-up jobs yourself. There are government programs i.e. Title I loans available to help get low cost money to cash-poor property buyers. Dave also describes … more