Product Description: FREE $1,595 Quick-Start Real Estate Success Program! See page 217 for details.
Buy Real Estate Without Cash or Credit!
Imagine having two multi-millionaires take you by the hand and personally mentor you to get started making big money investing in real estate. That's exactly the step-by-step coaching you'll get in Buying Real Estate Without Cash or Credit, as Peter Conti and David Finkel, two of the nation's leading real estate experts, walk you through the fastest and easiest ways for you to launch your investing business.
You'll learn the same secrets, strategies, and organized action plans that their past mentorship students have used over the last decade to make millions. Best of all, you'll learn exactly how to do it without cash or credit!
This book will show you the fastest way to succeed investing in real estate--step-by-step, action-by-action, strategy-by-strategy.
You'll learn: * The 5 fastest ways to close your first deal in 30 days or less! * 21 scripts to negotiate profitable win-win deals * The 6 best sources to fund your "nothing down" deals * 7 ways to maximize your cash when investing
"This book is a must-read for anyone who wants to live the American dream but thinks they can't invest in real estate for lack of cash or credit. Conti and Finkel make it simple to understand and easy to achieve." --Attorney William Bronchick, coauthor of the bestselling book Flipping Properties
"David and Peter have done it again! They've taken their proven millionaire-making real estate program and broken it down into easy-to-use steps that anyone can use. This book will tell you how you don't need cash or credit to succeed in real estate investing." --Diane Kennedy, CPA/Tax Strategist, coauthor of The Insider's Guide to Real Estate Investing Loopholes
A $13.57 Sales Pitch. I was not familiar with the "no cash" side of real estate investing so I bought this book to learn a little more about it. I would say I got an brief overview of the system and I found it interesting which is why I gave it three stars.
This book is more a fairly-clever sales pitch intended to lure you into their outrageously expensive boot camps than an educational piece. If you're hoping to learn how to buy real estate without cash or credit, you're not going to get that from this book. There's absolutely nothing about how the contracts work which leaves the book's information worthless.
There was also a line towards the end of the book that made me uneasy. It said something about them going in on investment deals with their students. I really hope they aren't charging people these absurd fees for a weekend boot-camp and then taking portions of any profits. That just doesn't seem right to me.
I also found the parts of the book somewhat insulting. I think a lot of the content was intended to make me feel too stupid or too scared to do this type of investing without their help. I think this was more a tactic to frighten me into paying for the boot-camp. A tactic that I didn't appreciate.
Learn how to! Great book! It is very well structured to guide anyone looking into investing in real estate. I've read so many books that tell you why you should invest and give you a lot of fuss just to motivate and inspire you but this book actually goes into how to get started and structure deals. It is exactly what I was looking for. I'm about half way into the book and I love it. I'm middle class and only 20 and I am now very confident into kick starting my real estate career. I wish you all the best!
Hector
Somewhat expected content, however is interesting After reading the second book of the series, about advanced strategies and getting alot of good tips, I decided to go back and read this book. Before buying, I was aware of alot of the negative feedback by people who had higher expectations from the author or did not like his couching of advice in fictious character role playing, but after kicking the tires in this industry for a couple of years, I have learned that you are not going to find one source that says it all and boils down everything you need to do and know. As others have said Real Estate Investing is not difficult but it is involved and is a continual learning process.
Even Richard Kiyosaki's series of books make you read through chapters and chapters of earlier year reflections and stories to whet your appetite before getting to ROI calculations and other meat. So I think David and Richard's approach is not without merit. The book explains the procedure in plain English. I think it is not a one stop solution but rather complements other Real Estate Investing sources.
Inspiring, misleading, confusing, big sales pitch! I'm not quite sure what to think after reading this book, and then visiting John T. Reed's web site and reading his comments about some of the techniques this book is recommending.
I was getting excited by this book, until I started to think about it a little. How are they making this money? By dialing the phone off the hook, making hundreds and thousands of calls, until they find someone naive enough to be taken advantage of! (or at least, that's what it seems to me, in my personal opinion). The authors insist that they are advising people to negotiate win-win deals, and I think that's laudable. However, it doesn't seem as if some of the examples they cite, and get so excited about, exemplify the win-win deal, or any principle of "fair exchange".
Mr. Reed doesn't review this book in particular, but I would strongly recommend you search-engine your way over to his website for a taste of his contrarian opinions on these "real estate riches" gurus in general. While I believe he may be a little strident in some opinions, he makes some excellent points. Reading his website right after finishing this book really gave me pause -- and made me think anyone who tries these "no cash or credit" techniques had better have good legal representation and advice, beforehand! Again, just my opinion.
Reading the book gave me the inspiration to "think out of the box" on how to go about this type of investing. But Mr. Reed's website gave me an equivalent dose of caution, common sense, and reality that I think is actually quite lacking in this book.
Great Scripts This book has many scripts that are of value for the new investor. The take aways and negative phrasing is invaluable. For someone new to sales it may seem a bit manipulative, but well that is after all what sales is to some extent. It is learning to negotiate in a way that moves the seller in the direction YOU want, so you are controling the situation. It is imperative that your intention is to create a win-win situation for all parties. You should not be trying to sell ice to eskimos as they say, as that is not really moral. Don't try to use these terms to rip off the elderly either, you won't sleep well at night.
I only gave this book 3 stars because both of Contis books in this series offer websites that say that there are all these goodies and when you go to the website you are frustrated to find that most of these goodies are no where to be found, so that is a BIG BUMMER.
Anything Goes Trivia
Megaton Man
Tailipoe
Trevor
