Retaining its stature as the best general guide to real estate investing, this sixth edition includes additional and expanded discussions that will boost the book's marketability and timeliness, including: The new omnibus housing "rescue" bill that Congress will soon enact and how to turn it into practical, multiple opportunities A historical view of property cycles and market data that offsets/counters the current media babble 15 new ways to profit with property Why the majority of price data reported in the media does not accurately reflect what is really going on within any given property market How to secure property financing both from institutional lenders, sellers, and unconventional sources Why investors shouldn't "buy close to home," but instead should expand their horizons both nationally and internationally How to recognize and profit from the pitfalls, scams, and misadventures that plague some purchases How property investments that yield rent surpass the dividends and interest that are provided by either stocks or bonds Opportunities in commercial and multifamily properties, which now provide larger and faster profits than single-family houses and condominiums The newest techniques of how to profit with foreclosures How to successfully navigate the multi-billion dollar world of property auctions