BUY AND HOLD 7 Steps to a Real Estate Fortune

The buy and hold strategy assumes a long-term commitment to individual properties, so the emphasis is on a property's future value, and especially its position in a community that is developing economically. Finding up-and-coming neighborhoods is more important than finding homes at distressed prices. The program leaves no detail unexamined, from negotiating price to managing tenants, evaluating risk, and maintaining the right attitude about being a landlord and a long-term investor. With the stock market not the sure thing it was during the Clinton years, this may be just the thing for many bruised stock owners. T.W. (c) AudioFile 2002, Portland, Maine [Published: OCT/ NOV 02]