Ebook , by Ken McElroy
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, by Ken McElroy
Ebook , by Ken McElroy
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Product details
File Size: 3525 KB
Print Length: 175 pages
Publisher: RDA Press, LLC; Second edition (November 5, 2013)
Publication Date: November 5, 2013
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B00E258KUQ
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Amazon Best Sellers Rank:
#130,517 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
This book might as well been a pamphlet. It focuses on larger multifamily units, but it literally doesn't even talk about the technical details until at least 3/4 the way through the book. It spends most of the book talking about how great real estate investing is, or about the deals the author has made. Just beyond useless. Even the technical stuff it does mention is very surface level, which is especially frustrating because the book talks about a very advanced topic in real estate investing (purchasing larger apartment complexes)I'm interested in learning more about buying property for flipping and holding, but this book mentions none of that. I would have at least been somewhat interested if it talked about smaller multifamily homes like duplexes and triplexes, but the technical aspect covers only apply to larger complexes. I bought this book because of a recommendation on a Bigger Pockets podcast, but I'm severely disappointed.Beyond that, the biggest problems with this book are that it is poorly written (plenty of typos) and, despite being the second edition published in 2013, it HASN'T BEEN UPDATED. I know this because it mentions nothing of the financial crash starting in 2008/2009, and only cites statistics from before 2008.If you are interested in real estate investing and are operating on a smaller scale (or on a larger scale but need a book of substance) then keep moving. This book is terrible.
The book was generally a good read. I guess to avoid douboe writing the writer encouraged for readings from his previously authored books as well as those of other authors. I was very disappointed by the number of errors in the book. This isn't what I expected from the Rich Dad team. The price should be discounted on this book
Not as much detail as his first book, but a great reference and enjoyed both. Wish there were more examples for how to start a little smaller than million dollar investments, but this is the “advanced†guide. Like the detail for 1031 exchanges, but still didn’t fully understand the specifics about benefits of refinancing
If you had read enough about theories and just want to get your hands on sound principles, this book may be for you. I was able to follow simple steps to create numbers based on data and removed the emotion of property to make a more successful purchases based on data, not emotions.
Very helpful for investing in multi family properties. Good writing and storytelling from experience. Would like to have more examples however and info on other types of investing like single family homes.
Good read. Worth the time it takes to go over it at least a couple times.
this is a good real estate book that will educate you on many tax options and how to watch your money develop.
Good read, wish it had a step by step process though.
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