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The Complete Idiot's Guide to Real Estate Investing (Complete Idiot's Guide To...)

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Title: The Complete Idiot's Guide to Real Estate Investing (Complete Idiot's Guide To...)
by Stuart Leland Rider
ISBN: 1-59257-063-1
Publisher: Alpha Books
Pub. Date: 06 May, 2003
Format: Paperback
Volumes: 1
List Price(USD): $19.95
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Average Customer Rating: 4.11 (9 reviews)

Customer Reviews

Rating: 3
Summary: For Office & Retail Investors Only
Comment: I was looking for a book on residential real estate investment, especially something on apartment buildings and how to figure value, such as using gross rent multipliers. I was disappointed. I needed to know current tax law on capital gains and some info on exchanges. The word 1031 is not found in this book. I was glad to see LLCs were included, but the information was vague since it had to apply to all states. Be warned: This book deals only with office and retail real estate investment. You will not find any information on apartments or single family rentals. If that is your interest, you definitely need a different book.

Rating: 5
Summary: Competent and Comprehensive
Comment: I enthusiastically recommend this book to anyone who needs a comprehensive understanding of the entire process of commercial investment and due diligence. It's a great reference whether you are acquiring, managing, or disposing of your asset.

Rating: 3
Summary: Be sure that this is really the book for you.
Comment: It is entirely possible that this really is a great book, as some of the reviewers suggest. But it wasn't what I was looking for.
I am in the "study" stage of a plan to accumulate residential properties for income. I have read a few real estate books so far, and some of them have been very helpful.
This book, however, was not designed for me. This book seems more designed for people who are planning major investments in sizeable properties or commercial real estate. It also would be good for people interested in becoming developers. Despite the information presented about the book, this is not a book for someone who is starting out in the early stages of real estate investing in small residential properties for supplemental income. However, it might be good if you have a lot of money to get started and are planning a career switch towards commercial development or large properties. Since I'm not interested or able to do that, I am not qualified to advise you if that is what you need. But if you are like me, you may want to start with some other books, like the "Unofficial Guide to Real Estate Investing" or other books like it.

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