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An award-winning Realtor offers the ultimate guide to navigating the confusing and often cutthroat world of home buying and selling.
Bessie Carter, an 82 year old widow living in Upcountry Maui, can no longer manage on her own. She decides to sell her house and move into an assisted living home. She lives with her ferocious pit bull terrier, who acts like a lamb only for Bessie. Realtor Laura McDaniel, a 40-something divorcee, spends an afternoon with Bessie, getting acquainted and explaining the process. When Laura returns the next day to tie up a few loose ends, Bessie has no idea who she is or why she is there. Laura realizes that Bessie needs much more than a Realtor's help at this stage in her life. As Laura gets to know her, she understands that Bessie's memory lapses and bizarre behavior are more than "senior moments." With no family left on the island to help her, Laura becomes more and more involved in Bessie's downhill slide into Alzheimer's disease. Bessie is oddly elusive about her only daughter Elisa, who lives in New York, estranged from her mother. Her only son Tony works at a lumber mill in Oregon, but she can't understand why he never answers her letters. Laura soon learns that Tony died ten years ago. Bessie simply doesn't remember. While doing her best to help Bessie, a handsome Frenchman walks into Laura's life, so out of place on Maui, but eager to purchase a beachfront condominium. Much to her chagrin, Laura discovers that nothing about Maurice or his purchase is straightforward. Once again, Madge Walls shows us the fictionalized drama, humor, and suspense of the life she knew on Maui. Walls grew up in Honolulu and raised her children on Maui, the island she loves best and writes about with affection and authenticity.
This guide provides an overview of the many components of the popular practice of flipping properties. Coverage spans the flipping process from start to finish—finding, buying, fixing up, and selling—and the variables needed to make all of those steps successful and profitable. Also included is coverage on negotiating, property inspections, mortgages, taxes, and working with contractors, brokers, and real estate agents. The book is perfect for responsible investors who want to flip houses the right way and steer clear of legal gray areas that get some investors into trouble.
Discover 21 true stories of real estate investing deals that went terribly wrong and the lessons you can learn from them. The cost of these "deals gone bad" total millions of dollars in losses, years of unproductive activity and incalculable emotional stress. However, you'll obtain the enormous benefits of the powerful and profitable learning lessons from these 21 mishaps without the costs! You're about to gather lifelong, extremely valuable real estate investment and house flipping wisdom that has taken others a lifetime and a fortune to learn. This book is a must read for anyone planning to be or is already a real estate investor because you'll find out what NOT to do in real estate
The indispensable classic on marketing by the bestselling author of Tribes and Purple Cow. Legendary business writer Seth Godin has three essential questions for every marketer: “What’s your story?” “Will the people who need to hear this story believe it?” “Is it true?” All marketers tell stories. And if they do it right, we believe them. We believe that wine tastes better in a $20 glass than a $1 glass. We believe that an $80,000 Porsche is vastly superior to a $36,000 Volkswagen that’s virtually the same car. We believe that $225 sneakers make our feet feel better—and look cooler—than a $25 brand. And believing it makes it true. As Seth Godin has taught hundreds of thousands of marketers and students around the world, great marketers don’t talk about features or even benefits. Instead, they tell a story—a story we want to believe, whether it’s factual or not. In a world where most people have an infinite number of choices and no time to make them, every organization is a marketer, and all marketing is about telling stories. Marketers succeed when they tell us a story that fits our worldview, a story that we intuitively embrace and then share with our friends. Think of the Dyson vacuum cleaner, or Fiji water, or the iPod. But beware: If your stories are inauthentic, you cross the line from fib to fraud. Marketers fail when they are selfish and scurrilous, when they abuse the tools of their trade and make the world worse. That’s a lesson learned the hard way by telemarketers, cigarette companies, and sleazy politicians. But for the rest of us, it’s time to embrace the power of the story. As Godin writes, “Stories make it easier to understand the world. Stories are the only way we know to spread an idea. Marketers didn’t invent storytelling. They just perfected it.”
An entertaining, deeply informative explanation of how high-level financial crimes work, written by an industry insider who’s an expert in the field. The way most white-collar crime works is by manipulating institutional psychology. That means creating something that looks as much as possible like a normal set of transactions. The drama comes later, when it all unwinds. Financial crime seems horribly complicated, but there are only so many ways you can con someone out of what’s theirs. In Lying for Money, veteran regulatory economist and market analyst Dan Davies tells the story of fraud through a genealogy of financial malfeasance, including: the Great Salad Oil swindle, the Pigeon King International fraud, the fictional British colony of Poyais in South America, the Boston Ladies’ Deposit Company, the Portuguese Banknote Affair, Theranos, and the Bre-X scam. Davies brings new insights into these schemes and shows how all frauds, current and historical, belong to one of four categories (“long firm,” counterfeiting, control fraud, and market crimes) and operate on the same basic principles. The only elements that change are the victims, the scammers, and the terminology. Davies has years of experience picking the bones out of some of the most famous frauds of the modern age. Now he reveals the big picture that emerges from their labyrinths of deceit and explains how fraud has shaped the entire development of the modern world economy.
A Real Simple Best Book of the Year A deeply moving story of an epic home renovation in the Pacific Northwest—from New York Times–bestselling author of The Scent Keeper In this mesmerizing memoir-in-essays, Erica Bauermeister renovates a trash-filled house in eccentric Port Townsend, Washington, and in the process takes readers on a journey to discover the ways our spaces subliminally affect us. A personal, accessible, and literary exploration of the psychology of architecture, as well as a loving tribute to the connections we forge with the homes we care for and live in, this book is designed for anyone who’s ever fallen head over heels for a house. It is also a story of a marriage, of family, and of the kind of roots that settle deep into your heart. Discover what happens when a house has its own lessons to teach in this moving and insightful memoir that ultimately shows us how to make our own homes (and lives) better. “ . . . for anyone who has wondered where home is and how to find it, fix it, love it, and leave it for later as well.” —Laurie Frankel, New York Times–bestselling author of This Is How It Always Is
This text covers every aspect of buying and selling a business. It describes an easy five-step method to valuing any business, lays out the buyer's and seller's responsibilities, advises on the best time to sell a business, and gives the pros and cons of using business brokers. The text describes the all-important 3-step negotiation process, and essential franchise considerations.
“A riveting account that reaches beyond the market landscape to say something universal about risk and triumph, about hubris and failure.”—The New York Times NAMED ONE OF THE BEST BOOKS OF THE YEAR BY BUSINESSWEEK In this business classic—now with a new Afterword in which the author draws parallels to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term’s partners, the arrogance of their mathematical certainties, and the culture of Wall Street itself contributed to both their rise and their fall. When it was founded in 1993, Long-Term was hailed as the most impressive hedge fund in history. But after four years in which the firm dazzled Wall Street as a $100 billion moneymaking juggernaut, it suddenly suffered catastrophic losses that jeopardized not only the biggest banks on Wall Street but the stability of the financial system itself. The dramatic story of Long-Term’s fall is now a chilling harbinger of the crisis that would strike all of Wall Street, from Lehman Brothers to AIG, a decade later. In his new Afterword, Lowenstein shows that LTCM’s implosion should be seen not as a one-off drama but as a template for market meltdowns in an age of instability—and as a wake-up call that Wall Street and government alike tragically ignored. Praise for When Genius Failed “[Roger] Lowenstein has written a squalid and fascinating tale of world-class greed and, above all, hubris.”—BusinessWeek “Compelling . . . The fund was long cloaked in secrecy, making the story of its rise . . . and its ultimate destruction that much more fascinating.”—The Washington Post “Story-telling journalism at its best.”—The Economist