- Adams Media Corporation
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- Product dimensions:
- 5.53(w) x 8.49(h) x 0.57(d)
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How to Buy Foreclosed Real Estate for a Fraction of Its Value based on 0 ratings. 5 reviews.
I thought this book is a great reference to anyone looking to invest in real estate. On contrary to one of the reviews, I don't believe he vents too much. In being inexperienced, you need reality-based knowledge to start with; he was only giving you all of the pros and cons of RE investing. It's not always going to be peaches and cream as some infomercials have you to believe. I'm thankful that I got a chance to read the book because I was soon going to be headed for a lot of headaches myself.
I bought this book thinking that the author had a real estater in mind while writing. Boy was I wrong. This is a perfect book if you are personally looking to buy your next home. The author brought up many good points, but I has turned off by the remarks he made about renting property to tentants. In fact I think his qoute was, "never rent a property to someone, it's to big of a headache". I also loved his section on the T.V. Infomercials. I think that he is a little jealous that he didn't think of it. That chapter made no sense to me at all. I don't know why he even put that chapter in the book. Filler maybe? If you are looking to buy your next home, cheap. Buy this book. If you are going into real estate investment, find something else to read.
I don't question the credentials or experience of the author. I do feel like he spent some time venting his frustrations with real estate investing. Being an investor myself I couldn't help but feel gloom after reading his book. I believe he has underestimated the entrepreneurial spirit and may be more of a discouragement to success than a motivator. One can argue that he has tried to present the 'problem' side of investing to give balance. I personally feel his ultra-conservative approach overstates the downside of real estate investment to the detriment of upside benefits. I did recognize some glimmers of hope in this book for the prudent investor actually having a degree of success, but felt that even these glimmers of hope were clouded with a gloomy overall picture. You may disagree - but that's my take on it. Read some other books to balance this one out!
A no-nonsense guide to real estate in general, with focus on foreclosures. Anyone serious about real estate investing should view this book as a classic must-read. If you had an uncle who new everything about real estate and was willing to sit down with you for four hours to tell you everything he knew, you would probably get the same advice which Dallow gives in this book. Dallow gives practical advice and instructions on how to procede, as well as funny anecdotes of his own experiences.
THE AUTHER KNOWS HIS REAL ESTATE AND TELLS YOU WHAT TO WATCH OUT FOR. FROM LIENS TO TENANT'S THAT WILL CAUSE YOU A PROBLEM IN THE FUTURE. WHERE YOUR BEST INTENTIONS CAN TURN INTO YOUR WORST NIGHTMARE. IT OPENED MY EYE'S LIKE 10 CUPS OF COFFEE. IT SHOT DOWN MY INTENTIONS BUT IT SAVED ME FROM A TORNADO OF TROUBLE. THIS BOOK IS GREAT AND ANYONE LOOKING INTO RENTING PROPERTIES SHOULD READ THIS BOOK!!!!!!!!GREAT JOB WELL WORTH READING AND THANK YOU! SEAN M.