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Real Estate Riches: How to Become Rich Using Your Banker's Money (Rich Dad's Advisors)
Download PDF Real Estate Riches: How to Become Rich Using Your Banker's Money (Rich Dad's Advisors)
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Product details
Series: Rich Dad's Advisors
Paperback: 192 pages
Publisher: Warner Business Books (October 1, 2001)
Language: English
ISBN-10: 0446678643
ISBN-13: 978-0446678643
Product Dimensions:
6.1 x 0.5 x 9.2 inches
Shipping Weight: 8.8 ounces (View shipping rates and policies)
Average Customer Review:
3.9 out of 5 stars
133 customer reviews
Amazon Best Sellers Rank:
#92,091 in Books (See Top 100 in Books)
People have been conditioned to purchase real estate retail like they do other consumer goods. Investments should never be treated as a retail purchase! The advice to "Buy Low; Sell High" applies to any investment but this book also encourages a potential real estate investor to look for hidden value. Much of the advice in this book is also equally applicable to acquiring a property as one's primary residence and quite a bit of it can be applied to other investments. I recommend following this book with the multimedia course, "6 Steps to Becoming a Successful Real Estate Investor."
If your motivated about real estate I would say skip the first half of this book. The first have can be compared to a long motivational speech as to why real estate is profitable. The second half of the book he gets into some deals and some very basic formulas and information. This book isn't bad if your on the fence on whether to invest, but if your fully convinced real estate is great focus your time on another book with more content.
This was a good basic introduction on WHY real esate is a good investment...I don't personally think it should be 100% of a person's portfolio, so the reader needs to be very careful and not get carried away into thinking 'real esate is where it's at'! Just like the stock market, RE experiences cycles too.Having said that, this book was very educational in terms of getting me to think outside the box. I wish we had this book prior to selling our first home that we bought. Our mortgage would've been low (less than $1k) in So. CA(!) and I'm sure we would've been able to rent it out for double that! Had I read this book, we would've either rented it out...or fire the sleazy realtor that ripped us off! We learned from that mistake and by reading these types of books...hopefully we'll make better decisions in the future. For this education alone, I'd recommend you read this, take it w/ a grain of salt (in terms of striking it rich ONLY in RE) and use this info. to make the best decision for your situation.
This audio book was interesting but not very detailed. I got some info from this book but it was more like having cliff notes. A lot of general information but if you don't know what to do with that info then it's not very useful.
Informational and motivation book.
great
A must read kind of book for ANYONE that is wanting or doing real estate investing. This book has added so much value to my life and can't wait to implement the strategies and techniques I learned from Dolf. Thanks a bunch and happy investing :)
Real estate investing is a mine field and this book is the full proof mine detector that allows you to make a profitable path around the field.If you are interested in real estate investing, whether in Nairobi, Karachi or Las Vegas this book is the holy grail, it has been over five years and it still keeps delivering nuggets.
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