{"id":43,"date":"2006-10-10T01:18:43","date_gmt":"2006-10-10T05:18:43","guid":{"rendered":"https:\/\/matthewchan.com\/2006\/10\/10\/book-review-of-turnkey-investing-with-lease-options-by-ga-bixler\/"},"modified":"2016-10-31T09:49:26","modified_gmt":"2016-10-31T13:49:26","slug":"book-review-of-turnkey-investing-with-lease-options","status":"publish","type":"post","link":"https:\/\/matthewchan.com\/?p=43","title":{"rendered":"G.A. Bixler’s Book Review of “TurnKey Investing with Lease-Options”"},"content":{"rendered":"

\"tkilo-sm.jpg\"<\/a>This kind book review of “TurnKey Investing with Lease-Options” was written by G.A. Bixler.<\/p>\n

If I were still working, I would be reading Turnkey Investing with Lease-Options as I would an excellent novel!\u00a0 Indeed, I was not only impressed with this book; I was amazed!\u00a0 The main reason for my careful review of this book was that I read it wearing two former hats.\u00a0 One was as the experienced lease manager for a land-grant university but, more importantly, the other as a young single professional woman who had entered into a lease-purchase arrangement when I decided to buy a condo many years ago.<\/em><\/p>\n

Even though I was already managing leased space for the university, when I decided to purchase a condo, I was not prepared for the trauma of having to face a major financial burden with no support.\u00a0 My mother was living with me at the time, but I knew the little money she provided would not continue through the life of the mortgage.\u00a0 Additionally, although I had been promoted on an ongoing basis, and expected another promotion in the near future, I had no savings or verification that I would be able to meet mortgage payments. Fortunately, my landlord wanted to get the last unit sold in this complex and offered to allow all rent payments to go toward an ultimate down payment on the actual purchase price. <\/em><\/p>\n

If you are in a similar situation,buy this book.\u00a0 It is not necessarily intended for the potential new property owner; however, it provides a lot of essential information you need to know as you consider this option.\u00a0 For instance, for years, I sat in my new condo with nothing on my walls, no pictures, and no decorations, because my landlord had told me this wasn’t permitted.\u00a0 Such a little thing, but I grew to hate those bare walls and, finally, even though feeling guilty, pounded the first nail toward making that house a home!\u00a0 With this book, I would have been in a position to question and negotiate what I could have done in this place I intended to make my long-term home!\u00a0 Indeed, the acquisition of a home via lease option is based upon accepting a home, essentially as-is with the ability to improve and upgrade the building as if it were already owned.<\/em><\/p>\n

At the same time, even though this book is written for a specific geographical area, the philosophy, the management direction, and the presentation itself all provide an excellent learning tool for an individual who has been given any type of property management responsibility, no matter where that property is located.\u00a0 In addition to thoroughly describing lease-options, the book covers how to research the market, purchasing, preparing, marketing and finding the right tenants.\u00a0 The excellent ideas used herein can be easily translated for use in any type of real estate transactions.<\/em><\/p>\n

And, finally, if I were a potential real estate investor, not having already committed to my retirement plan, I would be in contact with Mr. Chan immediately!\u00a0 Why?\u00a0 This book shows exactly what I as an investor need to know to make the decision to consider real estate as an investment.\u00a0 And, what”s more, he proves his claims with sufficient facts and figures that you can believe. That”s a major accomplishment for those who are reticent to invest in anything that has some risk.<\/em><\/p>\n

Mr. Chan”s book is perhaps one of the best written books of its type.\u00a0 Using the traditional training method, he first gives an outline of what he is going to explain and teach and then he repeats each item, both times providing specific details, but also anticipating any questions that might evolve based upon his presentation.\u00a0 You can tell immediately that the author speaks with authority, based upon knowledge and experience, readily confessing to trial-and-error issues.<\/em><\/p>\n

Mr. Chan opens his book with recommendations from those who are involved in considering investment options.\u00a0 By the time you finish the book, you will have gained a certain trust for the company and its team.\u00a0 However, assuming you are not in a position to invest directly with TurnKey Investing, this book provides sufficient details for you to learn about real estate investments.\u00a0 Specifically, the use of conventional financing through a bank, versus private financing, versus seller financing is explained.\u00a0 The author is open and quick to point out that the best financial gain is through the use of cash\/private financing.\u00a0 However, the use of bank financing is also explained and the returns of each are explored thoroughly.\u00a0 For a potential real estate investor, Turnkey Investing is worth every penny of its purchase price.<\/em><\/p>\n

I think the real value of the book, however, is for those who are interested in getting into the real estate business using lease-options.\u00a0 Turnkey Investing defines a market and stays with it specifically to serve the thousands, if not millions, of people across the United States who wish to own a home but are not able to gain financial backing through the normal process, especially in the early years of their adult lives. Lease-option is an important contribution in today”s world of turmoil and insecurity.\u00a0 It provides a no-lose option to those who are now renting without any future return on those funds.\u00a0 At the same time, it provides an opportunity for houses to move faster on the market and a way by which a landlord or property manager can respond in a cost-effective as well as profitable manner.<\/em><\/p>\n

Finally, as a long-time planner and manager, I was most impressed with this company”s use of Kaisen.\u00a0 This Japanese concept is the belief in making small, ongoing improvements to a business system.\u00a0 A review of their online activities which allows practically everything to be done online to apply for a home, the use of a hot-line as a means of dispensing valuable information and basic management decisions to expedite efficient use of their teams” time is a delight to see in practice!\u00a0 Even if you have absolutely no interest in real estate, if you are a planner or manager, study the book to absorb what can be learned from this efficient and effective team!<\/em><\/p>\n

The TurnKey Investor’s Essential Lease-Option Lessons as well as CD audio programs and a Documents Collection supplement this book.\u00a0 However, this first book, TurnKey Investing with Lease-Options, easily stands alone as a major real estate manual.\u00a0 It”s a Must Read for property managers, landlords interested in upgrading their activities, as well as real estate agents, lease managers and others who are interested in this major and profitable business!<\/em><\/p>\n

G. A. Bixler
\nIP Book Reviewer<\/p>\n","protected":false},"excerpt":{"rendered":"

This kind book review of “TurnKey Investing with Lease-Options” was written by G.A. Bixler. If I were still working, I would be reading Turnkey Investing with Lease-Options as I would an excellent novel!\u00a0 Indeed, I was not only impressed with this book; I was amazed!\u00a0 The main reason for my careful review of this book […]<\/p>\n","protected":false},"author":1,"featured_media":112,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11,4],"tags":[],"class_list":["post-43","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-book-reviews","category-turnkey-investing-series","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/matthewchan.com\/wp-content\/uploads\/2007\/04\/tkilo-sm.jpg","jetpack_shortlink":"https:\/\/wp.me\/p927L-H","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":53,"url":"https:\/\/matthewchan.com\/?p=53","url_meta":{"origin":43,"position":0},"title":"Midwest Book Review’s Comments on “TurnKey Investing with Lease-Options”","author":"Matthew Chan","date":"October 16, 2006","format":false,"excerpt":"Earlier this year, Midwest Book Review generously evaluated two of my books.\u00a0 One of the reviews (from January 2006)\u00a0included \"TurnKey Investing with Lease-Options\".\u00a0 Here are their comments: With contributions by Wes Weaver, professional real estate investor and property manager Matthew S. Chan has creative \"TurnKey Investing with Lease-Options: How To\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74,"url":"https:\/\/matthewchan.com\/?p=74","url_meta":{"origin":43,"position":1},"title":"G.A. Bixler’s Book Review of “The TurnKey Investor’s “Subject To” Mortgage Handbook”","author":"Matthew Chan","date":"January 13, 2007","format":false,"excerpt":"G.A. Bixler recently submitted her latest\u00a0book review of\u00a0one of my\u00a0consistent selling books, \"The TurnKey Investor's \"Subject To\" Mortgage Handbook\". Matthew Chan\"s latest book for TurnKey Investors is for experienced investors who \"wish to expand their financial repertoire by utilizing the \u00e2\u20ac\u02dcsubject to\" mortgage\" (p.5) This review is based upon that\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"tkisub2.jpg","src":"https:\/\/i0.wp.com\/matthewchan.com\/wp-content\/uploads\/2007\/04\/tkisub2.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":1127,"url":"https:\/\/matthewchan.com\/?p=1127","url_meta":{"origin":43,"position":2},"title":"Kirkus Reviews: The Intrepid Way","author":"Matthew Chan","date":"April 22, 2012","format":false,"excerpt":"Read the review by Kirkus Reviews\u2019 of The Intrepid Way. ===== An entrepreneur shares his formula for success. Chan (TurnKey Investing with Lease-Options, 2004, etc.), once an in-demand technology consultant, found his career path too limiting\u2013like most professionals, his income was dependent upon how long and how hard he worked.\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/matthewchan.commastersitewp-content\/uploads\/2012\/04\/3d-iw2006-150.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":75,"url":"https:\/\/matthewchan.com\/?p=75","url_meta":{"origin":43,"position":3},"title":"Kirkus Discoveries reviews “The Intrepid Way”","author":"Matthew Chan","date":"January 19, 2007","format":false,"excerpt":"Kirkus Discoveries recently reviewed my book \"The Intrepid Way\".\u00a0 I would say the review was mostly fair.\u00a0 However, I would say that including details was not part of the agenda of this book.\u00a0 There is no way any one book could contain all the details of everything I was explaining.\u00a0\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"The Intrepid Way","src":"https:\/\/i0.wp.com\/matthewchan.com\/wp-content\/uploads\/2012\/04\/3d-iw2006-150.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":143,"url":"https:\/\/matthewchan.com\/?p=143","url_meta":{"origin":43,"position":4},"title":"“Incredible Discoveries” Sets Up Phone Appointment","author":"Matthew Chan","date":"June 20, 2007","format":false,"excerpt":"I unexpectedly received a call from Incredible Discoveries.\u00a0 They want to set up an appointment with me to discuss some \"possibilities\". It is strictly an initial first-contact, exploratory call.\u00a0 The conversation went quickly where the purpose was to set up an appointment to discuss further with a \"Senior Director of\u2026","rel":"","context":"In "Business Affairs"","block_context":{"text":"Business Affairs","link":"https:\/\/matthewchan.com\/?cat=27"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73,"url":"https:\/\/matthewchan.com\/?p=73","url_meta":{"origin":43,"position":5},"title":"Bettie Corbin Tucker’s AudioBook Review of “The TurnKey Investor’s Rental Property Repossession”","author":"Matthew Chan","date":"January 12, 2007","format":false,"excerpt":"Bettie Corbin Tucker\u00a0recently completed an AudioBook Review of \"The TurnKey Investor's Rental Property Repossession\".\u00a0 It is an extensive and thorough review.\u00a0 If you have deadbeat tenants who aren't paying the rent on time or perhaps driving you out of your mind with lease violations, The TurnKey Investor\"s Rental Property Repossession\u2026","rel":"","context":"In "Audio Programs"","block_context":{"text":"Audio Programs","link":"https:\/\/matthewchan.com\/?cat=33"},"img":{"alt_text":"tki-rpr150.jpg","src":"https:\/\/i0.wp.com\/matthewchan.com\/wp-content\/uploads\/2007\/04\/tki-rpr150.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"builder_content":"","_links":{"self":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts\/43","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43"}],"version-history":[{"count":0,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts\/43\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/media\/112"}],"wp:attachment":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}