Mike and Irene Milin, who drastically changed their careers, entered the field of real estate with no assets. After attending seminars, reading, and studying, they settled in Arizona to become millionaires. They describe how they accumulated over 200 small-income properties of five or fewer units in a matter of four years. Their theory is based on management of people (buyers, sellers, tenants) and purchase of the right properties. The authors cover all the basics: purchase, advertising, tenant selection, maintenance, expenses, bookkeeping, taxes, inventory, equity sharing, and selling of unwanted properties. Numerous charts and samples of a rental agreement, tenant disclaimer letter, rent increase letter, etc., are included. Recommended for public libraries. Mary Ann Wasick, West Allis P.L., Wis.
Copyright 1986 Reed Business Information, Inc.
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