John Schaub – The Business Of Buying And Selling Houses
Description of The Business Of Buying And Selling Houses
Be your own boss and generate as much cash flow as you are willing to work for. Buying and selling houses is a natural business for every house investor. Some topics covered include: buying the right house you can resell fast, reselling in a hurry to generate cash today, setting up your business to minimize risk and taxes, where to get cash for down payments, avoiding the installment sale tax trap, selling on lease options to save commissions and closing costs.
Should you buy or sell today? Should you leverage more or pay off debt? How and where should you seek opportunities today?
Investors and entrepreneurs should be acting purposely. Changing costs, interest rates, regulations, and population all affect your capital and should affect your plans and action. Peter and John question everything, especially each other. They often take different approaches to investing.
- Is real estate still the right investment for you?
- Which real estate has the benefits you need?
- How and when to acquire and control properties
- How much is enough?
- Why is seller financing important to you whether buying or selling
- How can you obtain all the houses you need without qualifying for a bank loan?
- When should you sell and what should you sell first?
- When you sell, should you suffer the tax, use an installment sale, or exchange?
- How much cash should I have available?
- How can I pay less in taxes?
About John Schaub
John Schaub has prospered during three recessions, four tax law changes and interest rates ranging from 6-16% in his 35 years as a real estate investor. His 2016 best selling book Building Wealth One House at a Time, 2nd edition, assisted more than 100,000 real estate enthusiasts on their way to successful investing.
His 2007 book, Building Wealth in a Changing Real Estate Market, is available online and in bookstores. John recommends buying better, well-located houses rather than cheaper houses and other management-intensive properties. Better houses are more profitable and far less trouble.
He advocates paying off debt, owning properties free and clear, and renting only to long term, high quality tenants. John buys, sells and manages his own properties, and enjoys providing quality housing at fair prices for working families in his community.
He teaches one Building Wealth One House at a Time seminar each year where students learn how to identify the best investment property in their town, how to buy it at below-market prices, and how to negotiate terms that guarantee a profit. John also invests his time helping those who cannot afford to buy a home through conventional sources through his work with Habitat for Humanity and the Fuller Center for Housing.
John has served for more than 20 years on the board of Sarasota Habitat, 7 years on Habitat’s International Board and currently serves as the past chair of the board of the Fuller Center for Housing. John, a Florida native, is a proud graduate of the University of Florida, where he earned his B.A. from the College of Business Administration in 1970.
He is an accomplished boat captain (power and sail), fisherman, skier (snow and water) and an instrument-rated pilot. John loves to travel, especially with his wife Valerie and their young adult children.
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