The Automatic Millionaire Homeowner
A Powerful Plan to Finish Rich in Real Estate
By David Bach
(Crown Business, Hardcover, 9780767921206, 272pp.)
Publication Date: March 7, 2006
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Imagine this. You buy a home, live in it, then buy another. You build your wealth through real estate—and then retire rich. It may sound too good to be true. But it’s not. It has happened, it’s happening now and it will continue to happen for millions of people over the next few decades. The question is, will it happen for you?
If you want the answer to be “yes,” then stop what you are doing and open this book. Read a few pages. Bach’s simple strategies make you rich where you sleep. All you have to do is follow his easy program to go from renter to owner, and from owner to Automatic Millionaire Homeowner. The rest is automatic!
What’s the secret to becoming a millionaire in real estate?
Since the runaway success of David Bach’s #1 New York Times bestseller The Automatic Millionaire, people all over the world have asked David the same question—is it really possible for me to get rich in real estate?
Now, in The Automatic Millionaire Homeowner, David Bach reveals why buying a home and investment properties is not only possible, it is the surest way to reach your seven-figures dreams on an ordinary income.
The Automatic Millionaire Homeowner starts with the powerful story of an average American couple with a modest income who stretch to buy their first house for $30,000 and retire 35 years later owning a home on a golf course and rental properties worth over three million dollars. Through their story you will learn the surprising fact that even if you have cheap rent you can’t get rich renting! You must first own a home, and make it the foundation on which you build your financial security.
What Makes The Automatic Millionaire Homeowner Essential:
You don’t need a big down payment to buy a home.
You don’t need great credit.
You should buy even if you have credit card debt.
You can buy a second home even if you’re still paying off the first.
You can get started in any market–boom or bust.
It’s easier to be a landlord than you think.
Whether you are a renter or already own a home, David Bach gives you a lifelong strategy for real estate based on timeless wisdom that is tried and true. He includes everything you need to know, with step-by-step instructions, including phone numbers and websites so you can get started right away. His road map to ownership is easy to follow and, best of all, it makes the process totally automatic.
As long as you’re alive, you have to live somewhere. Why not let where you live make you rich? David Bach will show you how.
David Bach is the author of six consecutive national bestsellers, including the #1 New York Times bestsellers Start Late, Finish Rich and The Automatic Millionaire, as well as Smart Women Finish Rich, Smart Couples Finish Rich, The Finish Rich Workbook and The Automatic Millionaire Workbook. His Books have been translated into fifteen languages and have four million copies in print worldwide. David Bach has appeared twice on The Oprah Winfrey Show to share his strategies for living and finishing rich. His FinishRich® seminars have been taught in more than 2,000 cities throughout North America by thousands of financial advisors and have reached more than half a million people. To read excerpts of any of David Bach’s books, please visit his website at www.finishrich.com.
#1 Wall Street Journal and USA Today bestseller
Over 1 Million Copies in Print!
Praise for The Automatic Millionaire Homeowner
“[Bach’s] cheery, can-do message…cuts through the intimidating challenge of buying a house for the first-timer… for a newcomer, it’s fundamental reading.” — USA Today
“A great book that first-time homeowners and anyone toying with the notion of investing in real estate will find immensely practical… Bach offers universally good advice on how to begin saving and building wealth through homeownership… wildly motivational. — Publishers Weekly (starred review)
“If you read only one real estate book this year, it should be The Automatic Millionaire Homeowner… This is one of the few real estate books that cannot be recommended too highly for both beginner and experienced homeowners. — Robert J. Bruss, Miami Herald
Praise for David Bach:
“The bottom line is action, and Bach’s chatty writing style helps motivate you to that end.”
“Rather than tout eye-glazing accounting formulas, Bach relies on common sense.”
“I know how hard it is to make a personal-finance book user-friendly. Bach has done it.”