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MortgagePoint June 2024

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June 2024 » thefivestar.com 23 June 2024 E X P O S U R E What's Possible: Investing NOW for Prosperous, Sustainable Neighborhoods Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Unlocking Real Estate: A Guide for Young Investors The Real Estate CEO: A Guide to Launching Your Own Company: Team and Building Generational Wealth F o r w a r d b y C A T H E R I N E C O L E M A N F L O W E R S , E T A L A series of vignettes on various topics published by the Federal Reserve Bank of New York serving the Second District, What's Possible is a collection of essays exploring the intersection of communi- ty development and climate resilience. A collaborative enterprise of community partners, Local Initiatives Support Corporation, and the New York Fed, this book gathers voices leading climate and community development experts into a single tome offering practical solutions for clean energy, resilience, and equity. This book is intended as a playbook for taking collective action to build a stronger, more cohe- sive feature. Topics include climate-resilient buildings, new frontiers of community development, and corporate commitments and communi- ty development. B y DAV I D M . G R E E N E BRRRR is a new real estate method invented by author David M. Greene, which stands for "buy, rehab, rent, refinance, and repeat," a simple method that in its five parts makes financial free- dom more attainable than ever. The idea is for investors to buy a home for under market value, add value with renovations, rent it, complete a cash-out refinance, and use that money to do it all over again. Greene's exact system, which is laid out clearly with easy-to-understand terms in his book, is complete with how to identify potential properties, how to negotiate, how to recover 100% (or more) of a deal, and unique ways to increase a property's value. B y A L E X A N D E R B . C A R T E R Known for his deep insights into the real estate market and practical advice, author Alexander B. Carter presents a new book geared toward younger investors. Meant to be a "beacon of hope" for aspiring investors Carter shares his long and extensive breadth of expertise with readers, taking them on a fascinating exploration of the complex nuances and strate- gic possibilities of real estate investing. From the intrica- cies of market trends to the art of negotiation, this book provides practical wisdom and real-life examples that will help its readers grasp the basics, but to also understand how to navigate complex scenarios. B y K A T H R Y N T O W N S E N D A guide designed to support real estate professionals, au- thor Kathryn Townsend uses her 32 years of experience in real estate to offer practical tools and insider insights to establish a successful brokerage. Highlighting the importance of building a strong team and creating long-term wealth, this book covers topics from crafting a solid business plan, exploring alternative strategies beyond the traditional brokerage model—including invest- ments and passive income streams—to help you achieve financial success well beyond selling real estate. This book also includes a compre- hensive section on effective marketing, branding, and networking to help you stand out in the field by learning the skills necessary to over- come challenges and build a business that reflects your personal values.

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