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 enlarge | Author: Ken Mcelroy
Publisher: Business Plus
Category: Book
List Price: $16.95
Buy New: $5.94
You Save: $11.01 (65%)
New (48) Used (47) Collectible (2) from $5.94
Rating:  62 reviews
Sales Rank: 4262
Media: Paperback
Number Of Items: 1
Pages: 224
Shipping Weight (lbs): 0.6
Dimensions (in): 8.9 x 6 x 0.7
ISBN: 0446691844
Dewey Decimal Number: 332.6324
EAN: 9780446691840
ASIN: 0446691844
Publication Date: September 1, 2004
Availability: Usually ships in 1-2 business days
Shipping: Expedited shipping available
Shipping: International shipping available
Condition: New - Has remainder mark. Fast shipping from trusted wholesaler with many exclusive publisher contracts.
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| Customer Reviews:
 Great guide to real estate investing March 6, 2007
2 out of 2 found this review helpful
Being the first book I read on the topic of real estate investing; and being a beginner in the real estate market, I found this to be easy reading, enjoyable, and simple enough for the beginner to comphrehend all the topics and concepts discussed.
I highly recommend this book to anyone wanting to enter into the real estate market.
 Decent Beginners Guide March 5, 2007
6 out of 6 found this review helpful
Unlike many of the Rich Dad books, this one's OK (based on facts and not full of dangerous or outright illegal recommendations). It gives a decent overview of how to evaluate good vs. bad investment opportunities. It recommends a sound, logical strategy for negotiating with sellers (i.e. disregard the seller's asking price and calculate what price makes sense before you make the offer.) However, this book is not comprehensive, and you will need to do further research on specific topics--e.g. buying "leper" properties (probate/foreclosure/title problems/etc), commercial vs residential, buying for short-term (flipping) vs long-term (cash-on-cash return), etc.
Great book February 9, 2007
4 out of 5 found this review helpful
As a real estate pro, this was very good.
Accurate, comprehensive, complete.
Definitely enough info to get u started.
Breaking the myths January 28, 2007
Here's my book review on this real estate book.
PROS:
This book addresses two main myths that people have about real estate.
1. One is, since you don't have that much money, you shouldn't invest in real estate. Though this book doesn't cover how to finance your investments, it does name a few examples of how a few people who didn't have money managed to invest in real estate to make their millions.
2. The second myth is how big deals are too risky so don't go after them. The book gives an example of other people doing it.
The fact of the matter is, if you don't have much money, you'll either need to get some capital by borrowing or partnering. And when you face big deals, the risks are heavier but also the rewards are multiplied.
CONS:
1. In the end, this book covers real estate pros (but hardly any cons). So it is motivating but unbalanced. Care and risk management should always be part of your investment strategies.
-Matt
Illustrator for the Ultimate Foreclosure Kit
(ISBN 0978834658)
Excellent book for apartment building lovers January 23, 2007
1 out of 2 found this review helpful
Ken McElroy's insight into investing in real estate is easy to follow and teaches you years of experiences in 12 easy to read chapters. I highly recommended. If you already read it, buy a copy for a friend or some one that dreams as big as you!
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