Nickerson restates his formula for success in real estate, which, in the event you’ve not heard it lately, goes such as this: buy residential property in need of rehabilitation, supply the necessary improvements, and offer the property for a minimum 25% profit. Case examples are used to illustrate refinements such as for example looking for opportunities in inner metropolitan areas and keeping an open up mind to creative financing options. Nickerson is an experienced pro whose COULD Turned $1,000 into a Mil in about Nickerson’s No-Risk Way to PROPERTY Fortunes Real Estate in My FREE TIME is a vintage. There are various obvious ways to make a fortune. The first is to gamble. You can find rich overnight. But gambling is not a sure thing-that’s why they call it gambling. You will find other speculative, get-rich quick schemes-like buying real estate with dangerous nothing down balloon-payment financing and bleeding, rather than improving, the house – but most easy-money fantasies become nightmares and breed negative losses instead of positive profits. By far the surest street to a fortune that may match or surpass your fantastic dreams is to get, with sound funding, fixer-upper properties that you can improve. You are able to choose from millions of deteriorated or obsolescent properties with restoration and improvement difficulties you could readily appropriate. Many owners simply do not have the gumption to repair up wounded properties which have bled their lives aside with age group and neglect. If you have just a little courage and imagination, you can purchase such distress properties at a good deal, correct defects, and make a sure and magnificent profit. Thus giving you a built-in safety aspect that guards you against heading wrong. In the event that you faithfully adhere to my principles it is just about impossible to look broke. The just question is not whether you will make a income, but just how much you will make!