Publisher Description
Imagine this. You buy a home, live in it, then buy another. You build your wealth through real estate—and then retire rich. It may sound too good to be true. But it’s not. It has happened, it’s happening now and it will continue to happen for millions of people over the next few decades. The question is, will it happen for you? If you want the answer to be “yes,” then stop what you are doing and open this book. Read a few pages. Bach’s simple strategies make you rich where you sleep. All you have to do is follow his easy program to go from renter to owner, and from owner to Automatic Millionaire Homeowner. The rest is automatic! What’s the secret to becoming a millionaire in real estate? Since the runaway success of David Bach’s #1 New York Times bestseller The Automatic Millionaire, people all over the world have asked David the same question—is it really possible for me to get rich in real estate? Now, in The Automatic Millionaire Homeowner, David Bach reveals why buying a home and investment properties is not only possible, it is the surest way to reach your seven-figures dreams on an ordinary income. The Automatic Millionaire Homeowner starts with the powerful story of an average American couple with a modest income who stretch to buy their first house for $30,000 and retire 35 years later owning a home on a golf course and rental properties worth over three million dollars. Through their story you will learn the surprising fact that even if you have cheap rent you can’t get rich renting! You must first own a home, and make it the foundation on which you build your financial security. What Makes The Automatic Millionaire Homeowner Essential: You don’t need a big down payment to buy a home. You don’t need great credit. You should buy even if you have credit card debt. You can buy a second home even if you’re still paying off the first. You can get started in any market–boom or bust. It’s easier to be a landlord than you think. Whether you are a renter or already own a home, David Bach gives you a lifelong strategy for real estate based on timeless wisdom that is tried and true. He includes everything you need to know, with step-by-step instructions, including phone numbers and websites so you can get started right away. His road map to ownership is easy to follow and, best of all, it makes the process totally automatic. As long as you’re alive, you have to live somewhere. Why not let where you live make you rich? David Bach will show you how.
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“This book was fantastic and I recommend anyone looking at buying a new home to read it to become educated. Since I have already been through the home-buying process, I knew a lot of what the book was explaining, however, I did still learn a lot of information that I can use in the next time I purchase a home. Although I would rather be rich now and this book, along with the rest of his Finish Rich series, is in hopes of preparing you to plan for your future retirement years and years down the road, David Bach provides low risk opportunities for investing. In the situation I am in right now and the way the economy is, reading this book just comforted me on making the right decisions and reminded me why I bought my home in the first place. As many people know, Garrett and I have a love/hate relationship with our home and as we sweat over maintaining a nice living space and area, it will be worth it later in life when we can ‘finish rich.'”
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Alana (5 out of 5 stars)
