PDF Ebook Rich Dad Advisors: ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss, by Ken McElroy
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Rich Dad Advisors: ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss, by Ken McElroy
PDF Ebook Rich Dad Advisors: ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss, by Ken McElroy
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The ABCs of Real Estate Investing teaches how to:
- Achieve wealth and cash flow through real estate
- Find property with real potential
- Unlock the myths that are holding you back
- Negotiate the deal based on the numbers
- Evaluate property and purchase price
- Increase your income through proven property management tools
- Sales Rank: #2189 in Audible
- Published on: 2013-01-29
- Released on: 2013-01-29
- Format: Unabridged
- Original language: English
- Running time: 310 minutes
Most helpful customer reviews
163 of 167 people found the following review helpful.
A must read. One of the best for true RE investors
By Coach 62
I have been investing in RE for over 20 years and I have read a lot of books. This one is the best so far and I would say it is a must read.
This book is not a Carlton Sheets (et al) get rich quick balogna book. This is a book for serious RE investors.
If you want to flip properties, this book is not for you. If you want to buy and hold properties, this is by far the best book I have ever read.
The most value of this book is how to properly assess value of a property. Assessing the value of a property is probably the most difficult thing. Not only does he teach you how to do this, he teaches you how to see through the sellers inflated balance sheets and possible misleading Realtor statements.
Also of tremendous value is how to properly manage properties for maximum cashflow. I had no idea I had so much to learn in this area.
What more can I say? Just get the book. I got the audio book and I listened to it at least 4 times.
185 of 196 people found the following review helpful.
Finally a "How To" Book on Investing!
By Richie Rich
My expectations were low at first. I've heard so many people bashing GURUs on the subject of investing in RE and thought I'd hear the same advice. I couldn't have been more WRONG!
Ken McElroy, takes the time to explain all the tools you will need in order to be successful in RE investing. The thing I found most helpful is the end of the chapter To Do List. Have you ever read a chapter and moved on to the next chapter without an action plan...Not in this book!
McElroy talks about the things that made him a success as well as a recommended path for you to be successful. He doesn't cover flipping properties. When he does mention Flipping Properties, he advises against it.
I would recommend this book to the beginner and intermediate investor. For 2 reasons, this book will move you into the doing stage of your investing career with its action plan. Secondly, there is no fluff here. He gives you fact after fact.
39 of 40 people found the following review helpful.
Breaking the myths
By Matt Bresee
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)
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