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Ty Hicks

Biography

International Wealth Success (IWS) was founded in 1967 to publish books and periodicals and assist both beginner and experienced wealth builders. Mr. Ty Hicks was inspired to begin his career in real estate when working for a large corporation. He saw people being fired for unjustified reasons and decided he needed another source of income. Real estate was a manageable pursuit in his spare time. He was able to spend considerably less than 40 hours a week to make a profit. He continued earning a regular paycheck, but now he had a plan to fall back on.

Ty believes that secondary income is powerful money because it is not already spoken for by car payments, mortgages, etc. It is more potent than a paycheck, there is more you can do with it and the possible tax advantages to having a second income in the real estate market are abundant.

Hicks thinks that the most important quality necessary to be successful in real estate is that you must have the interest, the desire. You should enjoy the pursuit. Be a go-getter, you may sway a seller to make a better deal. If someone is enthusiastic and stimulated by the process it shows them to be a reliable buyer.

Ty has created the following steps to get started in real estate:

1.Decide what type of property you want to own; focus on residential or commercial 2.Look for properties in the real estate section of the Sunday paper. 3.Educate yourself in the field you choose, the type of property and the area. (Know the typical income, price, expenses, down payment in that area.) 4.Choose the right property. 5.Analyze it - Hicks is able to assist you with this at his website 6.Always have a positive cash flow; money in your pockets after all payments, expenses, mortgages is paid at the end of each month. 7.Continue acquiring property until you attain the income you are seeking.

After gaining experience Ty wrote his first book, "How to Build a Second Income Fortune in Spare Time", to help other people find the wealth and financial security he had discovered. It sold over 300,000 copies in the first year and to date over 3 million copies. He went on to write many others and begin his monthly publications and online newsletters.

His best advice for the novice investor is "Look around and learn as much as possible in the area, get a notebook, take notes and you will begin to get a feel for the average rent, etc. Business properties are almost always financed, making Real Estate the world's best borrowed money business. Mr. Hicks wants people to know his site contains packages to teach people how to succeed in the area they have chosen, the type of property they want to focus on. The products will teach them how to make money without having to use their own cash.

Mr. Hicks is also a licensed Professional Engineer and he has authored numerous books on various aspects of engineering. He is a member of a number of professional organizations in the engineering and publishing fields.

Publications

  • International Wealth Success Newsletter
  • How to Acquire $1-million in Income Real Estate in One Year Using Borrowed Money in Your Free Time
  • How to Make Big Money in Real Estate
  • 209 Fast Spare-Time Ways to Build Zero Cash Into 7 Figures A Year In Real Estate

External Links

Discussion Forum

sandra musselwhite
mr. hicks is an easy read and seems assessible. i am finally ging to try! he is a wealth of information and contacts

NC Player
His information is outdated. He isn't aware of the newer strategies and can only tell you about buy and hold properties. He encourages you to buy properties in appreciating areas for full price with a 10-20 downpayment. The downpayment is to acheive cashflow. The recent crisis bucks his old school method.

A total of 2 reviews so far.

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