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Title: The Unofficial Guide to Real Estate Investing by Spencer Strauss, Martin J. Stone ISBN: 0-02-863665-1 Publisher: John Wiley & Sons Pub. Date: January, 1999 Format: Paperback Volumes: 1 List Price(USD): $16.99 |
Average Customer Rating: 4.5 (42 reviews)
Rating: 4
Summary: Great Beginner's Books - Advanced Investors should leave it!
Comment: I'm a beginner and I just acquired my RE license in South Florida for my own personal investment goals. This book is great. It provided a solid foundation for R.E. It is not a get-rich quick guide, and it is not for the "advanced" or "seasoned" investor.
This book is fabulous. I disagree with the reviewer saying that it's cookie-cutter from this company. The information is quite valuable and would even come in handy for first time home buyers. The knowledge is solid and it speaks very plain. If you want high-brow, go somewhere else. This is the everyday, everyguy/gal book! I purchased it at the store here, and I love it. I've underlined so much in it and it truly explains REAL ESTATE.
Rating: 5
Summary: Very pactical and useful information
Comment: Before buying this book, I was under the impression that in order to buy a $350,000 property, I'd have to come up with 20% down (A nearly impossible task). So I spoke with my friend's dad who already owns rental properties. To my shock, he said I only needed 3% down with an FHA loan. Skeptical, I decided to do my own research and bought this book. I just finished reading this book last night. I was very impressed by the sound advice given within. It echoed exactly what my friend's dad had told me. I have yet to buy my first four-unit rental building, but this book has given me the necessary practical guide for the rest of my life. This same time, next year, I will own a four-unit apartment with no fear. I'm 29 years old and have always wondered how do people get wealthy. Now, I know how. If you want motivation to get into real estate investing, I would suggest buying Russ Whitney's book first. If you need meat for your motivation, then the Unofficial Guide to Real Estate Investing is the one for you. It is very comforting to know the authors are from Southern California as well. It gives greater validity that their advice will work for me. I have no doubt that I will be re-reading this book as my wealth grows as planned.
Rating: 5
Summary: An Unexpected Book
Comment: Typically, I shy away from liking books that speak to the huge landlord and real estate investing businesses. They don't need books like this and the books only tempt small-timers to spend money that won't help them.
This book is different. It does talk about the big-timers but it also shows the small investor real ways to become big and to reduce headaches.
If you own one or two rent houses and perhaps want to add a 4-plex or more homes to your portfolio, slowly but wisely, you would be wise to read this book. Unlike some, I generally like the "Unofficial Guides" and this was no exception.
Although this won't solve your real-world every DAY problems that you face as a landlord or landlady, it does help solve a few larger problems that come up (finances are well covered) and it will encourage you to keep on doing what you do to build your empire.
Many have read (or will read) my "Managing Rental Properties for Maximum Profit" (ISBN: 0761525319) and there they get the nuts and bolts of getting in and overcoming early problems the small-time rental owner sees daily. Then, it's definitely time once you've overcome many of those problems to move up to this Unofficial Guide to Real Estate Investing. It's more of a reference book than a hands-on book in many places, but when you're ready for this book, you will be ready for that reference material.
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Title: Investing in Real Estate, Fourth Edition by Andrew McLean, Gary W. Eldred ISBN: 047132339X Publisher: John Wiley & Sons Pub. Date: 21 March, 2003 List Price(USD): $19.95 |
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Title: Rental Houses for the Successful Small Investor by Suzanne P. Thomas ISBN: 0966469119 Publisher: Gemstone House Publishing Pub. Date: 14 January, 1999 List Price(USD): $18.95 |
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Title: Flipping Properties: Generate Instant Cash Profits in Real Estate by Robert Dahlstrom, William Bronchick ISBN: 0793144914 Publisher: Dearborn Trade Publishing Pub. Date: 25 June, 2001 List Price(USD): $18.95 |
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Title: The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges ISBN: 0471436399 Publisher: John Wiley & Sons Pub. Date: 16 November, 2001 List Price(USD): $29.95 |
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Title: Buy It, Fix It, Sell It: Profit! by Kevin C. Myers ISBN: 079312610X Publisher: Dearborn Trade Publishing Pub. Date: November, 1997 List Price(USD): $18.95 |
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