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Making Big Money Investing in Real Estate: Without Tenants, Banks, or Rehab Projects

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Title: Making Big Money Investing in Real Estate: Without Tenants, Banks, or Rehab Projects
by Peter Conti, David Finkel
ISBN: 0-7931-5415-4
Publisher: Dearborn Trade Publishing
Pub. Date: June, 2002
Format: Paperback
Volumes: 1
List Price(USD): $18.95
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Average Customer Rating: 3.96 (55 reviews)

Customer Reviews

Rating: 5
Summary: Read it. Do it. Make Money. No excuses.
Comment: Great book. Better people. On the Must read list of RE books.

It was refreshing to learn that you could buy property with a high level of intergrity and help the sellers feel good about the transaction. I have signed up three properties in three weeks of practicing the techniques. The average locked in profit has been $ 43,000. There are real estate " guru's " that spend a lot of time selling books and seminars that are long on theory and short on great techniques. However, I found David and Peter's techniques and business practices to be very sound and ethical. Anyone can do this, be successful and feel great about the experience.

If you read a bad reveiw on this book...check to see if it is written by a licensed real estate agent ? Bottom line. Agents don't make money on Lease options. Naturally they are going to see lease options in a different light. ...

Rating: 2
Summary: Which reviews to believe? the 30 dated on July 16, 2002??
Comment: Finished reading this book quickly and am very interested in starting a RE investing career. The Authors paint a lovely picture of financial freedom. The purchase option lease in theory sounds very inticing.
I have 3 problems:
1) They never give you the language to use in with the seller in hammering out a contract. And knowing the bare minimum about investing in real Estate I am thinking you need some VERY specific legal language in any kind of deal like this. So now, i need to go about paying a real estate lawyer a big chunk of change to write the contract for me? And this can be done overnight? Before the owner changes his mind..?
2) It could take literally months and months to find a tenant-buyer - and then what, $2,000 a month that I dont have is coming out of my pocket?
3) The big red flag here: - I had come to the review section looking for some honest feedback - And then proceed to find about 30 of the 50 reviews all posted on or about July 16, 2002.
And 90% all give 5 stars. Unfortunately Ive become more skeptical because of this.. And not many actual testimonials of people giving actual sucess stories.. Only things like "what a great book" and "the best real estate book money can buy" etc etc

Rating: 1
Summary: To good reviews, Thank You for stopping me!
Comment: After looking at the good and bad reviews,I see this book is a set up. Thank you for telling me the truth, those who told the reality of this book and where the 5 star reviews came from. I am to get a call from these guys this morning. I may just let it ring.

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