Teaches you what is possible in the field of real estate
This book provides a general introduction to real estate investing. It covers topics such as foreclosures, pre-foreclosures, auctions, mobile homes, rehabbing, real estate notes, and even commercial real estate. I read this book years ago, and it gave me a general understanding of what is possible in the field of real estate, but I had to educate myself more after that.
I don't understand why some people are judging this book based on the author's past. It has nothing to do with whether this book is worth reading or not. I don't know the author personally, but how many times did you check the background of your high school teacher before you took his or her class? Besides, many times people who are successful are not the greatest people to be around. But that doesn't mean you cannot learn from them. Like I said, this book provides a decent introduction, but you need to learn more to be successful.
- 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
Review #2
Handbook for beginners in real estate investing--excellent
Real estate investing has different levels of players. Some are content to buy at list prices and hope for appreciation of the value of their holdings, some buy at list price and then rent a property to hope to offset some or most of the mortgage value while waiting for appreciation. Mr. Whitney goes a step further to show how to buy below list price and then to make the maximum amount possible by renting, leasing, or selling. This is a very useful handbook for the beginning investor. He provides many links to other resources, as well as very clear explanation of how and where to find the right kinds of properties to invest in.
Review #3
Covers no real estate finance and overall not very useful
This book is not that useful in that it does not cover any investor return topics surrounding real estate. By that I mean the book does not cover any techniques for measuring your return on a piece of property. It does give some general idea of different areas of real estate, however he does make mention many times that you should attend his seminars.
