The Real Estate Investing Answer Book tackles the most important questions someone thinking about investing in real estate should have answered. Topics discussed include:-How do I convince my friends/relatives this is the right investment for me?-Financial requirements-Can I make a profit?-What's the best kind of property for investment-Working with "partners"-What people will I encounter in my investments?-Finding property-Can I tie up property while I think about buying it?-How much should I pay?-Preparing an offer-Earnest money-What do I do if the other side makes a counter-offer-Contingencies—back doors to get out of a contract-Due diligence—avoiding surprisesFinancing-Being a landlord-Flipping-Development-How can I protect my investments-Can I sell property without paying any income taxes-Record keeping-Worst case scenario