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Building Wealth with Inner City Rentals: Success the Catalytic Landlord Way, by Al Williamson
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This book is a step-by-step guide describing how landlords in troubled neighborhoods can increase their cash flow, property values and quality of tenants by leading campaigns to improve the orderliness of the community surrounding their properties.
It's for landlords who view their inner-city holdings as more than ATMs. This book is for you if you're interested in creating and capturing wealth by restoring value in inner city communities.
Looking for wealth AND self-fulfillment ... then this is your treasure map.
- Sales Rank: #381204 in eBooks
- Published on: 2013-04-21
- Released on: 2013-04-21
- Format: Kindle eBook
About the Author
My name is Al Williamson. I wrote this book because I’m passionate about helping landlords of low-income rentals see a new realm of possibilities in achieving their financial goals through community revitalization. I know what it’s like to get distressing phone calls in the middle of the night or to lose control of my property as a tenant resorts to drug dealing. I learned a lot from those mistakes as well as from my study of Placemaking, urban planning, and leadership principles. That is why I am here to help you make the area surrounding your rentals safer and improve the quality of applicants interested in renting from you. It wasn’t that long ago, in 2002, that I bought an eight unit apartment building in a troubled neighborhood. I had good intentions to improve the area but struggled to find helpful information. I connected with neighborhood groups, but we all were working by trial and error. All though I believed the neighborhood would shake its stigma, I often felt the pace of progress was too slow. In 2005, I was fortunate enough to have had an opportunity to take a three year break from my civil engineering career and work for a nonprofit dedicated to revitalizing inner city neighborhoods. During that time, we went though many highs and lows. In retrospect I can see that some things were done well, but others should have been done differently. Now in 2013, our community has attracted businesses that attract people from all parts of town (patrons who wouldn’t have previously considered visiting our area) and my properties are very easy to manage. They attract honorable tenants that want to be a part of the area’s rebirth and they want to be a part of a vibrant community. Now I want to help you get the same results but only faster and with less heartache. I’ve got a lot of insights to share so you won’t have to start from scratch. Are you ready to get started?
Most helpful customer reviews
2 of 2 people found the following review helpful.
Full of Helpful, Useful Information
By Shannon Pineau
I purchased this book because I have been considering purchasing some rental properties in a rougher neighborhood in my city. The prices are excellent but for obvious reasons - higher crime rates, bad tenants, run down properties etc. I've seen some positive signs in the community though which is what spurred my interest and got me thinking about the possibilities of a good return on my investment down the road. I started doing some research and I was pleasantly surprised to find out that a fellow landlord and blogger that I know was writing a book about this very topic. I have been patiently waiting for him to finish his eBook and just read through it. To be honest, I was blown away. This is exactly the information I have been looking for and it's also full of ideas and concepts that I hadn't even considered. Al is obviously very experienced in this area and tells you exactly what to do to help revitalize a neighborhood. I like the systematic way that he lays everything out for you. He tells you about each stage in the revitalization process and gives solid tips and advice for what to do as a landlord and exactly how to do it. I really enjoyed the real life examples throughout the book. I also liked the fact that he doesn't sugarcoat anything - it's obviously not a simple thing to accomplish or something that happens overnight but he covers all the negatives as well and how to overcome them. I gained an enormous amount of information from this book and I'm looking forward to putting it to use.
0 of 0 people found the following review helpful.
Informative and Goal Oriented guide for home owners in low-income areas
By James Northrup
This book is really organized, detail oriented. I was concerned that such a short book would not have enough information, but I am happy that the reason it is short is because the author gets straight to the point.. The explanations of his process are clear and concise. Definitely worth a read.
0 of 0 people found the following review helpful.
Very Positive
By Amazon Customer
I can't wait to get started. It's nice to have a blueprint on this kind of real estate investing. I'm excited about using this book as a guide.
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