He’s tough-minded but is sensitive to the plight of the people whose house he might buy. His direct communication style is believable and has got to be a strong asset in dealing with folks who are miserable and in denial of poor decisions they’ve made or hard luck they’ve encountered.
He makes no secret that this requires tremendous time and effort on the investor’s part. But for those who are willing to do the work, this book offers a comprehensive guide to each step of the process, from identifying distressed properties and negotiating their purchase, to selling the property for a profit. The Pre-Foreclosure Property Investor’s Kit is by far, the most useful real estate book that I have ever read on investing in foreclosures. This book by Tom Lucier is complete, and right to the point.
The author goes into much detail on all the ways of making profits with pre-foreclosures. I highly recommend this to all. Unlike most books that give you the “fluff” of how good the real estate business is, Tom actually gives you the step-by-step process to investing. Definitely a must for beginning investors and I would suspect that it would be beneficial for experienced investors as well. After reading “The Pre-foreclosure Property Investor’s Kit, I was astounded to find a step-by-step process that not only gave you the detailed process to follow, but it also provides many of the short comings of the business that many real estate guru’s leave out. Tom’s direct no-nonsense and ethically-driven approach was everything any pre-foreclosure investor could ask for.
It clearly lays out how to plan your investment, how to look for pre-foreclosures, how to negotiate, what forms to use, and what warning signs to take note of to avoid risky ventures. The author was upfront and real about the whole process from beginning to end. Therefore it should not have been made available to non US citizens, OR should have been labeled as “For US market only” or words to that effect. It’s very likely to be fine if you are a US citizen though. However, I haven’t ruled it out for the future, and should I choose to do so, the book will serve as a great instructional manual in my quest. OK, let’s face it. I am a very experienced investor (over 35 years in Real Estate Mortgages, Brokerage and appraising) and have purchased several properties at auction. This book does outline his program of acquiring properties before they go to sale.
The book provides you with real-life, practical instructions. It’s a book that you will continue to read and refer back to on “how-to” do things every step of the way.
Within 17 days I had my first client contact me. I am in the process of purchasing a house even as we speak! It’s an excellent, well organized, and realistic approach to pre-foreclosures. This is much better than the two other books I read on pre-foreclosures because it clearly outlined the steps and provided the documents and places to go to find information. This is a GREAT resource. Mr Lucier really answers your email too! I really enjoyed this book. I went into the right livelihood of the real estate industry by becoming a real estate agent, then a Realtor.
Thanks Lucier for such a book, we need more people like you writing informative and no nonsense books. Recliner Slipcovers.