This is a really valuable book
This book is an excellent introduction to real estate investing. I think that some beginning investors may feel overwhelmed with different strategies to use taught by different authors and speakers. What I like about this book is that it shows you how to find bargain deals in different areas such as foreclosures, probate, REOs, and HUD. All these places can give you a constant flow of leads to work with. In the end, it doesn't really matter where you got the property from, as long as you make money on it. I think this book is just fabulous.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
Has Life Moved On Though?
A good book of the period 1995-2007, but things might have moved on now. I'd be looking for something that has been written post 2007, post crash, to be certain the advice is current. Still has a lot going for it though, just be careful how you apply it until things have settled down. (review written July 2009)
Not for me.
From this book, I learned the Famous Price-to-Rent Ratio and it comes to my mind everytime I preview a property. It will teach you the seven things to look for in a bargain. One of these items was new to me. Buying REO requires two things to succeed: expertise and money. This book can help you with the expertise part but if you don't have some investment cash...you probably should seek another income stream. Lucky for you (and me), real estate has several income streams to pursue.
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