5 comments about SHIFT: How Top Real Estate Agents Tackle Tough Times.

1. It's a get off your butt and do the job book nothing more.... save your money and get off your butt and do the job. I felt like he was trying to sell me on Keller-Williams when they don't even advertise for the agents that buy into the brokerage!



2. I'm not an agent but I buy and sell property. Moreover, a large number of my clients are real estate agents. I found this book very useful and profitable. My clients who report having read this intriguing book have greatly enhanced their income and are coming through the Big Recession and meltdown with flying colors.
   
   The writing is easy-to-follow and understandable. Anyone can apply the methods and, if you do, you should find yourself doing great in any economy while others flounder and fail.
   
   Highly recommended.
   
   - Susanna K. Hutcheson



3. if you are starting out, or a seasoned pro, reading this book will only help you. Success leaves clues. Follow the clues in this book and create your own road to success. Its that easy. Just stick to it! [...]/



4. This book, although purchased by many for Keller's Real Estate knowledge and skills, can be applied to almost any sales position in a "buyer's market". Good sound personal development advice.



5. This book turned my business around. Fixed my thinking on what the problems are and now I am back on track and selling lots of houses.

5 comments about FLIP: How to Find, Fix, and Sell Houses for Profit.

1. I found this book to be of great value. Although experience is the only perfect teacher, this book gives you the knowledge to make a good plan before you start flipping, and a great guide for following up that plan. The book can also help you buy a home if you plan on fixing it up. By giving you the tools to locate and value improvements that need to be made, you can locate great deals when buying any home.



2. This book is a rarity in that it offers any level of investor a proven model and system to use that will work! It isn't a "look at me and see how special I am, book," as most of these are. It is a tried and true method to purchase a home for investment, to have a system in place to fix, repair or improve it, then re-sell it for profit. Rick Villani is a craftsman. He enjoys the work, and it shows! He and Clay Davis have put an awesome book together for anyone in the residential home investment business. These guys are still at it, doing what they preach. They continue to find, fix, and sell houses for profit. If you are serious about doing the same, buy, study, and model their book!



3. Outstanding book on how to make money flipping homes. I have been a broker for over 20 years in Illinois & know most if not all of the pitfalls on flipping homes in just about any kind of market. I have flipped homes for profit & can tell you its not easy unless you have some kind of guide or you are just plain lucky. I have known seasoned investors who make serious mistakes buying homes to flip & run out of money because they didn't do their homework in advance. This book is a diamond in the rough when it comes to real estate books. I highly recommend it prior to contacting a real estate professional.



4. This book is very detailed and brings up some great points about flipping houses. Some stuff I didn't consider was mentioned in this book. I highly recommend it.



5. I thought this book was very informative and flows very nicely from beginning to end.
   
   The authors offer many suggestions on what to look for or what to do as far as finding, choosing, and flipping a house.
   
   They go through the entire process from beginning to end following a flow chart that they have created. Sure most of it is common sense, but it is all layed out here for you in a way that can help prevent you from missing a step which of course could cost you allot of money in the long run.
   
   Definitely one of the better books I have read on flipping houses, it may not be the best book out there , but it is the best I have read.

5 comments about The Real Book of Real Estate: Real Experts. Real Stories. Real Life..

1. Theres alot of information in this book in regards to RE, but most of it is geared towards Commercial RE as opposed to Residential RE. Being that this book is a compilation of 22 different people, it will repeat itself more than once. So I would recommend it for the info just be prepared for repetition.



2. Es lo regale a mi cunada y le gusto mucho espero que le ayude a lo que ella espera logra



3. This set of discs were in perfect condition & they came to me very quickly after I ordered them. The product itself has a plethora of incredible information to help assist you within the real estate business !



4. Robert Kiyosaki is an absolute Genius in writing. He self claims in modesty he is not a good writer but his success tells otherwise. His Style of writing and messages carried tells he is a great writer. Moreover, the messages conveyed are priceless. I personally bought one after another all his books and never ever regretted my purchases.On the contrary it always made me want more of the " Rich Dad " materials. For this reason as soon as practical I ordered through Amazon the " Conspiracy of the Rich ". Robert and his wife Kim are an extraordinary couple who conquored their financial freedom and their Company "Rich Dad Poor Dad" is a gift to whomever want to succeed financially and attain general freedom. Rich Dad's Conspiracy of the Rich: The 8 New Rules of Money
   By : F Pelletier



5. Some of the reviews of Robert's books and articles from some people remind me of the saying. "People have the right, to remain stupid." Robert is a teacher of wealth's truths. I understand them and I am applying them to my families lives and so do others. I am glad Robert has a deaf ear to these criticisms. One day the light bulb will go off in the non believers. By then it will be to late to start over again. I would rather listen to a rich person who has done it, that a person who hasn't.
   
   That's why there are companies that print books. To share the knowledge of someone who has done great things with their life. Because I believer that, "If I do what the rich do, I too will get the same results!" Just copy Robert and get the same results... That's how simple it is, Robert has even written down for you. To apply it to your life, you can even teach your children because you will already have the books!

5 comments about Investing in Real Estate.

1. Outstanding! Investing In Real Estate: Sixth Edition by Gary Eldred, PhD is one of the best books on real estate I have ever read. The book is replete with wisdom and practical advice, and your knowledge about the field of real estate investing will be enriched. You'll definitely become well educated and make informed decisions in regards to your real estate transactions. The book is a must-read for novice and experienced real estate investors. In fact, anyone who is considering buying, selling, or managing real estate--whether or not for investment purposes--should read this book. Donald Trump confirms why he is a real estate magnate when he wisely teamed with Gary to develop some of the Trump University real estate curriculum. Investing In Real Estate is not a book full of hype on getting rich in real estate, but a book fit for a college or university course. Get "real" in your real estate investing by studying and practicing what this book teaches. You'll be blessed if you do.



2. Very useful book. Cover most topics in the real estate market. Highly recommended.



3. Some of the shine has worn off real estate investing lately with the credit crisis and mortgage blowouts, but still, people have to live somewhere, and , unfortunately, (or fortunately), some persons losses are other persons gains.
   
   I think the next year or two are going to be excellent times for investing in real estate, and more specifically, detached single homes purchased for rental income. McLean and Eldred have created a fine book that guides you through the pitfalls of real estate investing with some very solid advice. It could use better information on getting statistics. While it does have some links, it needs more, because some of the information is buried deep in some websites.
   
   The first chapter is an argument on how real estate is a better investment than stocks. The authors use averages of the stock market to determine what kind of dividend you can get on stocks. While that may sound fair, the reality is a good stock picker doesn't purchase average stocks. They purchase great stocks that are currently down. For instance, not too long ago you could have purchased Bank of America for just over $20.00, with a dividend yield of over 8 percent. Paychex was available at 3.5%. While the average yield may be 2 percent, many individual stocks are yielding between 3 and 6 percent. Then you wait for a dip in the price and pick them up between 4 and 7 percent, often giving an average portfolio of 5.5 percent. Yes, this is still lower that what you would make on a rental, but:
   
   Then their greatest failure to understand the best method for picking stocks: you choose the stocks that have consistently increased dividends every year, year in and year out. There are many stocks that do this. They often have yearly increases well over 8 percent, many in the last fifteen years have increased over 15 percent on average. The authors expect you to be able to raise your rents 4% every year.
   
   Given a choice between raising your cash flow 4%, or 8, 10 or 15 percent, which would you take? A single percent difference can mean hundreds of thousands of dollars lost, or gained in twenty years. A difference of five percent or more can mean millions lost or gained.
   
   But all that aside, with the current state of the market, a lot of people are going to make a lot of money off other peoples pain. Thats unfortunate, but that is the way it is. As Baron Rothschild, an 18th century British nobleman said, "Buy when there is blood in the streets".
   The possible down side is a possible glut of rental housing in some areas, notably Arizona, which already has a good supply of rental housing and currently has a high number of vacant foreclosed houses.
   
   Monthly rents are likely to lesson (a boon for renters) as supply increases further, causing less cash flows, perhaps negative cash flows. But Arizona has a growing population, both young people and retired are moving there. The population will eventually catch up and rents will again begin to increase.
   
   The authors reject the stock market, personally, I think a combination of investing in stocks and in real estate will give you a more balanced and safer portfolio. I think this book will definitely help you with your investment goals.



4. If you are just beginning in RE investing you must get this book. It goes over all of the different types of RE investing. This book is a must have for Real Estate investors.



5. Having read the third edition of this same book, which was very good, I found this to be a more detailed and thorough revision. The way in which the information is portrayed guides the reader through the steps of investing and how to not only succeed, but to protect themselves from the failures that many novice and seasoned real estate investors fall victims to. If you want to know about investing in Real Estate, this is the book for you.

5 comments about Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss.

1. Both the mortgage and real estate markets have crashed since this was published. The game has changed. Find something more current to read.



2. What can I say but this book gives you an education that you can use to get started. The first one I have read that is more applicable today than the day it was written. Would love to meet the author as he is obviously a very gifted yet common thinker who could easily be your next door neighbor.....if it werent for the road he has traveled.



3. The book this week was The ABC's of Real Estate Investing by Ken McElroy. I was introduced to this book by a friend of mine. He has become quite the adviser on the subject of Real Estate Investing, starting his own Investment Group LLC at the early age of 22.
   
   McElroy's book is slow starting, (which is expected with any book that has "The ABC's" in the title) but it really picks up after a few chapters. I know that after reading this book I could make six figures in the business of real estate investing in 5 years or less.
   
   And now that you have your goal, it is time to hit the ground running. You will need to find a team because great things are seldom done alone. You will want a lawyer, accountant, engineer, etc. People that you can turn to and ask questions when they arise during your research. Another great thing about having a team to help you with your real estate dreams is you have people to keep you accountable. If you have ever worked out.. weight-lifting, running, or biking. You know it is so much easier to succeed when you have a partner to help you through.
   
   You will then have to go out and find your ideal real estate. McElroy line-items just about everything you will need to look for when you are researching. This can be a fun time. Once you find the right property for you, this book will tell you how to find the "right" asking price. In the book there are detailed guides to writing your letter of intent to your buyer and how to go through the final process of acquiring your property.
   
   After you have your property you will need to decide if you are going to be a the property manager- the person that handles the landlord duties- or are you going to outsource that job to property management company. I recommend outsourcing for any property over 8 units. Let someone else handle the rent checks, leaks, broken appliances, flooding, evictions, background checks, criminal checks and the list goes on. Outsourcing this job will allow you to work on researching other properties or continuing career goals. Property management companies will charge between 8% and 14% depending on the number of units and the company. However, remember that like all things, you get what you pay for.
   
   As you venture into this new world of Real Estate Investing you may start small with a duplex or a small apartment complex. If you follow the guidelines laid out in this book you will have a steady cash flow to reinvest in new larger properties. The goal that I previously outlined in this review is not far-fetched. If you are motivated, put the excuses aside, believe in yourself, and really go for it you can reach this goal. In the current economy you have a goldmine of opportunity. Go do some research and put yourself out there. Interest rates are low and everybody is selling. Its a buyer's market, so take advantage!
   
   I think this book is good for anyone that has ever thought about investing in property to supplement their income, but never really knew what steps to take. If you have any questions on the book don't hesitate to ask me a question. I would be more than happy to help anyone that needs it.
   
   [...]



4. This is a great book. It tells you all the ends and outs of investing in and generating cash flow from real estate, especially apartments. The author walks you through all the pitfalls, and emphasizes the importance of not overpaying for the property, and having good property management. He also walks you through the best methods for buying a property or selling it to maximize your gains.
   
   My only problem with this book(the reason I gave it "4" stars instead of five), is because the book DOES NOT tell you how to finance the investment. At the beginning of the book, the author says that even though he put down $20,000 on his first deal, he later purchased a $9 million property with $2 million down and didn't use his own money, using a group of investors instead. I read the entire book hoping that he would get to the point where he explained how he raised capital for the investment. He never did. The flaw in this book is that the author does not explain "how" he secured $2 million from a group of investors, and, if you are starting out, it ain't exactly easy to convince someone to give you $2 million, even a bank, let alone a group of investors.
   
   In my opinion, at the bare minimum, an entire chapter should have been dedicated to raising capital and putting the down payment on the property. I have no idea where to find investors who are willing to put down $80,000 on a property, let alone $2 million on an apartment complex, and this author doesn't explain this or how to convince them to do so. If you are already rich, and have the capital or can raise it from a bank, then this book is perfect for you. If you have little or no money, while this book will teach you how to invest, it won't teach you how to raise the capital to do it. This is its greatest flaw.



5. Very practical information about real estate investment. It teaches you how to buy assets, not liabilities and as Robert Kiyosaki always says, "don't work for money, let money work for you". This book may not cover all the aspects in detail, but a very helpful guide for the beginners in this business.

5 comments about What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures.

1. This book provides concise, to the point, explanations of important formulas that are critical in deciding important real estate investment decisions. The author masterfully takes you through each formula, providing you with simple examples,and demonstrates how these formulas are interconnected,and or utilized by themselves, in determing whether an income producing property meets an investors criteria. The first part of the book takes you through an example of the decisions and formulas that experienced real estate investors go through in determining real estate investment decisions using most of the key formulas. The second part of the book summarizes each formula, providing basic, easy to understand examples, allowing the reader to jump around and choose which formulas they want to focus on. Present Value, GRM, NOI, Cap Rates, Taxable Income, Cash on Cash Returns, DCF, Net Present Value, IRR, Debt Coverage Ratio and Depreciation calculations are but a few of the important concepts that are discussed in this book. For me it tied up a lot of loose ends and showed me how these formulas are interconnected and are great tools in analyzing commercial real estate. A definite must have for any serious real estate investor.



2. I purchased this book as a gift and have not finished reading it yet myself but have heard many good things and so far has been great!



3. My Life & 1,000 Houses: Failing Forward to Financial Freedom
   
   Good Book! Knowing your numbers is a must but don't forget...trusting your gut is just as important.
   
   MS



4. An excellent resource for those interested in evaluating real estate investments from a mathematical standpoint.



5. This is the best book on the market covering real estate finance. Gallinelli teaches you how to 'run the numbers' with a fair amount of good humor and practicality. He never talks down to the reader, nor does he assume that the reader is a rocket scientist. Indeed, most readers, especially those who cringe at math, will come to see how easy the financial figuring side really is after reading this book.
   
   This is the book to read BEFORE you read all those other formula-laden tomes. After reading this book, I now have a much better understanding of REIT financial statements. If you are serious about real estate investment, start with this book first. In it, you will learn the four principal ways money is made in real estate, how to convert features of a property such as location and size into cash flow, how to comparison shop between different properties, and most important, the key questions to ask when presented with all of those rosy financial statements for properties. He also takes you through a very thorough and comprehensive explanation of cash flow, the time value of money and internal rate of return- all of which are important and inter-locking aspects dealing with the proper valuation of commercial real estate.
   
   Once you are done with this little gem of a book, consider picking up a copy of his other book on financing commercial real estate purchases. In my opinion, that one is somewhat better than this one in one key respect: in that book, he not only imparts a sound investment approach to purchasing commercial real estate for the novice investor, he also gave a clear and crucial warning about the dangers of 'no-money-down' investing. I believe that both books are a good form of positive reinforcement.

5 comments about The Complete Guide to Investing in Real Estate Tax Liens & Deeds: How to Earn High Rates of Return - Safely.

1. I bought Tax Lien books written by Larry Loftis, Jamaine Burrell and Don Sausa and read them in the order listed. All are excellent books. I recommend that you buy all 3 books if you are serious about understanding tax lien investing. I have posted reviews in a "bundled" fashion under all 3 books. You can buy all 3 from amazon for 449.
   
   Loftis consists of 3 parts and 2 appendices. Part one talks about tax liens, part two about tax deeds, part three about the list of states. He discusses procedures of purchasing tax certificates, strategies for investing through liens/deeds, how to compete effectively against the so-called "institutional" investors. He shows the reader how to calculate the yield under different scenarios.
   
   Burrell's book is very detailed, matter of fact approach. All the benefits and pitfalls are covered. There are 11 chapters that discusses in detail liens, deeds, tax sale procedures, delinquent properties, bidding, income and growth, how to obtain financing, legal issues such as setting up LLCs or PCs, foreclosures, various state laws etc.
   
   Don Sausa has takes a complex subject and simplifies it. After reading the first two books, reading Sausa's book is a breeze. It suggests a chapter a day but I think you can probably read through this entire book in about 3 hours. If goes step by step.
   
   Investing in tax liens requires, time, patience and money. One cannot do this "on the side" but it can certainly be a full time job and I can see the potential rewards.



2. A very thorough primer into realestate tax lien investing - which states have them, which only have tax DEED auctions, etc. I did find it a little verbose sometimes, but that was more than positively offset by the lack of hype and absence of the typical dozen pages of "convincing market data" that so many investment tomes are guilty of. What I found most valuable is the various charts which layout different states maximum payouts, types of investments offered, etc. You don't have to struggle to find anything.



3. The Complete Guide to Investing in Real Estate Tax Liens & Deeds: How to Earn High Rates of Return - Safely
   "By far the most through and comprensive of any book I have found anywhere on this subject of Investing in Tax Liens"! Has enabled me to make a considerable amount over the past few months with very little effort.



4. Tax lien investing is interesting. They are touted as a surefire winning ivestments and many "experts" offer training costing thousands of dollars to "train" you on how to invest in these "goldmines". Do yourself a favor, buy this book and avoid the seminars. You are going to learn by experience and this book will help you get started. The seminars are simply going to part you and your money. Tax liens are not as easy as they sound. You cannot simply go down to the courthouse and buy a 25% lien. Most people trying to get you into this game neglect to mention the fact that large companies will flood the market with lowball offers to obtain a majority of the better tax liens.



5. From reading the cover you might think this is another get rich quick idea. After reading the book, however, you'll find a hype-free matter of fact approach. All the benefits and pitfalls (at least that I could think of) are covered. I went to a seminar where someone pitched an expensive package of services to help someone who wanted to invest in tax lien certificates. Instead I bought this book. It will answer your questions and help you decide if you want to proceed. What the book does not include are all the little details you'll need to actually execute a purchase. This varies a lot by state and would require the book to double in size. So, if you just want to know about these investments, I recommend this book. If you are ready to invest, you'll need more information.

5 comments about Profit by Investing in Real Estate Tax Liens: Earn Safe, Secured, and Fixed Returns Every Time.

1. good book, i think it gave all the info you need. sometimes important items were just mentioned and he could have made a checklist for how to evaluate a worth while property but i don't think he wanted to sway people. everyone has what they believe in. i like the simple way he writes. How can you tell if a property is likely to go into bankruptcy.



2. I bought this book after hearing about real estate tax liens in Rich Dad, Poor Dad and having attending a local lien auction. I really wish that I had found it before that auction, as it cuts through the legalese and manages to provide a concise summary of the pros and cons of bidding at these auctions as well as the various rights one has as a lien holder. The author walks you through the process of selecting an auction to attend and what to bid on, but this process will require some time consuming due diligence to work.
   
   I'll agree with some of the other reviewers and say that the author does focus on his home state of Florida, which is alright, especially since he does also include a lengthy summary by state of how the auctions work in each state. However, as the book is a couple of years old, these summaries may be outdated in your area and may even vary at the county level (they do in Iowa). So, this book is a good starting point, but be sure to investigate the actual terms with the local tax assessor's office before you bid on any liens or deeds.
   
   In all honesty, I wish that the author had included fewer photos of bidding lists and properties and more stories of his experiences, especially the newer, online bidding auctions.
   
   When I went to bid, I found that there were multiple groups of people that were just buying for one set of companies. Due to their numbers they were selected most of the time in the lottery system, as opposed to those individuals that were just biding for themselves. This is quite different from the author's experiences, which there was just one or two people representing a bank.



3. I bought Tax Lien books written by Larry Loftis, Jamaine Burrell and Don Sausa and read them in the order listed. All are excellent books. I recommend that you buy all 3 books if you are serious about understanding tax lien investing. I have posted reviews in a "bundled" fashion under all 3 books. You can buy all 3 books on amazon for 449.
   
   Loftis consists of 3 parts and 2 appendices. Part one talks about tax liens, part two about tax deeds, part three about the list of states. He discusses procedures of purchasing tax certificates, strategies for investing through liens/deeds, how to compete effectively against the so-called "institutional" investors. He shows the reader how to calculate the yield under different scenarios.
   
   Burrell's book is very detailed, matter of fact approach. All the benefits and pitfalls are covered. There are 11 chapters that discusses in detail liens, deeds, tax sale procedures, delinquent properties, bidding, income and growth, how to obtain financing, legal issues such as setting up LLCs or PCs, foreclosures, various state laws etc.
   
   Don Sausa has takes a complex subject and simplifies it. After reading the first two books, reading Sausa's book is a breeze. It suggests a chapter a day but I think you can probably read through this entire book in about 3 hours. If goes step by step.
   
   Investing in tax liens requires, time, patience and money. One cannot do this "on the side" but it can certainly be a full time job and I can see the potential rewards.



4. This is the best book I have read on tax lien investing to date. The author is very realistic with his approach and what to expect out of it. Tax lien investing seems like a very lucrative way to invest your money. I have read 4 books on the subject and have yet to invest. Once I get through my wish list of books I will invest. Make sure this book is on your list as you learn about tax liens.



5. After searching through the internet and other content for tax deeds and tax certificates, I finally found a reliable and step by step guide on how to really invest in tax certificates.
   Very helpful to read about the author's personal experience and his tips. I was able to follow his advice, page by page and within a short time of reading his book, I was able to participate in my first tax deed sale. The book made me feel comfortable knowing what to expect every step of the way. I highly recommend this book.

5 comments about After the Fall: Opportunities and Strategies for Real Estate Investing in the Coming Decade.

1. I would like to highly recommend all of Mr. Bergsman's books, including "After the Fall." I have read them all and have learned something valuable in each and every one of them. As someone who works in the commercial real estate business, I enjoy these books for their educational and entertainment value. The first-hand accounts really add to the credibility of the topics tackled. As real estate continues to evolve and grow into an asset class as ingrained as stocks and bonds, we need more authors like Mr. Bergsman to explain the intricacies of the business to both those inside and outside of it.
   
   "After the Fall" is a great source for ideas about positioning yourself or your company to take advantage of the current environment in commercial and residential real estate. While headlines continue to account some of the pain that has occurred in real estate, it is always important to see the other side of that coin...and that is Mr. Bergsman's specialty...



2. Steve does it again. Another fantastic book about the current and prospective future of the commercial real estate market. Steve is one of the best writers in the country on commercial real estate. His knowledge and connections in this industry are spectacular. This book and Steve's other books are all must reads. Being a real estate developer and owner of a commercial brokerage firm I make sure that all my employees read Steve's books.



3. I've read a few of Steve Bergsman's books and they have all taught me a few things about the real estate business. However, After The Fall does something different. It explains how we got into this property market mess and when each sector of the real estate industry will finally escape. Maybe the folks bailing out the banks should read this book?



4. well defined chapters, i mean each chapter has a "Where we ARE" section i.e. how the sector in the study looks as of today, "where we WERE" - how did the sector market in question get here, and "where are we headed" - what the future holds for the current topic i am on, and Last but not least, each chapter ends with Bonus Box where author shares his learnings and experiences during his research of the current topic.
   
   The book is divided into -
   Commercial Real Estate Market that includes a chapter for each sectors like Office, Industrial, Retail and Multifamily.
   Residential Real Estate Market includes Single-family and condominium,
   Leisure Real Estate - second homes, vacation properties
   With additional chapters on Commercial and Residential Real Estate extending the study of these markets.
   
   I don't think i have read any book that even showed me these sectors before i read this one.There was a chapter at the end with a title "The Market for second homes" that explained why baby boomers are financially better than their parents' generation. The explanation was the first of its kind again, that i enjoyed absorbing, that i hadn't found anywhere in other books.
   ... read the full review at : [...]



5. Bergsman has an uncanny ability in analyzing the commercial real estate sectors that may rise from the ashes in his book, After The Fall. The book is timely, extremely well-researched and written, and aids readers in discerning what looks to be up vs. down amidst the market chaos. It's a great read and very insightful.

5 comments about The Pre-Foreclosure Property Investor's Kit: How to Make Money Buying Distressed Real Estate -- Before the Public Auction.

1. This book is the perfect start to a career in real estate investments. The author goes into much detail on all the ways of making profits with pre-foreclosures. I highly recommend this to all.



2. I think this is a great purchase... Just got it and I like the way the lessons are so far



3. I bought this book and then went to some training in Tennessee and was impressed with all the detail given on how to do a succesfull short sale. I have then applied these techniques in my real estate business to give me one more tool in my arsenal to make money.
   Sandy



4. Excellent book. Very detailed. Absolutely convincded me that I wanted nothing to with this business. The author demonstrates that it is difficult and tricky business,potentially very lucrative, but not a get rich quick scheme. Since I would like to get rich without this much work, I'll pass on this method. And I truly thank this book for steering me right. I take off one star only for the author's occasional right wing rants. But I guess he's entitled. He worked very hard to get rich, and he shares his secrets openly in an inexpensive book, rather than trying to hoodwink you out of thousands by means of an infomercial. If he's got a few screwball political ideas, God bless him.



5. This is an excellent book by Thomas as he thoroughly takes you through the process of purchasing an investment property. He provides a wealth of resources on nearly every aspect of investing by listing websites and addresses.
   
   His forms are great for providing you with an idea for approaching home owners. However, the tone of the letters are some what dismissive--but that's just my opinion.
   
   The only area that needs enhancing is providing one with an idea as to estimate value in the property. He does not provide as much detail as others (i.e., Steve Berges "The Complete Guide to Real Estate Finance for Investment Properties"). With that said, it is an excellent resource and I highly recommend it.