World Famous Comics: Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss
Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss
By: Ken McElroy Publisher: Business Plus Average Rating: Binding: Paperback Label: Business Plus Number of Items: 1 Number of Pages: 224 Publication Date: September 01, 2004
Product Description: In precise and entertaining chapters - each culminating with very specific 'action steps' for readers to follow - author Ken McElroy offers real estate investing stories from the trenches and wisdom. Chapters include: It Takes a Team - Understanding it takes a team to be successful in real estate, determine whether you want a partner and evaluate partner candidates based on the qualities required for a good partnership Research Can Be Fun? - Become familiar with online resources such as newspapers, trade publications, government and trade organisation websites Swamp Land For Sale - Stay away from gut feelings. Select one market, preferably one close to home, that you may be interested in. You Own It...Now What? - set up your systems for maintenance, accounting and rent collection. Get involved in local supporting professional affiliations. Enforce the policies and procedures in the lease without exception and respond quickly to your residents with a smile!
Very focused on large apartment complexes Be aware that the author of this book is almost totally focused on how to buy and manage large apartment buildings. If you're looking for advice on investing in a single-family house or two, or a duplex, look elsewhere. In fact, the author scoffs at wasting your time on "small" investments like that.
I wish I had realized how narrowly focused this book is on large-scale real estate investing. I would not have purchased it.
A Must Have for your real estate library Obviously the Rich Dad series has been very successful, and this book is no exception. Still timely today, it's a must read for anyone considering investing in real estate.
Great Book! WoW! Ken Malroy makes you think about a lot of different things. It was a great book! I wonder how things will change with the rules of real estate investing changing. Ken gives a ton of information. He might have to write a new book in 2009.
Rod Phillips
Ok if you still have any money to invest in real estate If you want a primer on real estate investing from the one million books on the subject, this is another one.
Very good book written straight to the point. If you have ready other books in the Rich Dad series, this one is different. It is not written by Kiyosaki and you know that the second you start reading it. It is to the point with no wasted words or time. It is no wonder that the author has done well in the Real Estate world. Ken McElroy will tell you just how he does his investing. If you are interested in buying rental real estate, buy it. It will be money well spent.