This follow-up to Bach's bestseller, The Automatic Millionaire, guides listeners step-by-step through the transformation from renter to homeowner to landlord. Bach's typical can-do attitude shines through, whether the book is outlining the pros and cons of various types of mortgages or sharing the story of one couple who used home equity as a gateway to financial independence and comfort in retirement. Unfortunately, the audio abridgment has a few glitches, including a misstep in the fifth chapter, which prematurely congratulates listeners on understanding what their credit report is, before knowing how to make sure it's accurate. This topic is not addressed until the following chapter ("Your Credit Score: The Holy Grail of Mortgage Lending"), so listeners may understandably be confused. Also, although actor Oliver Wyman has a beautiful voice, the slick Casey Kasem-style delivery feels wrong for a book that rightly keeps insisting that it is not a get-rich-quick scheme. Bach's solid and time-tested financial advice deserves better than this infomercialesque treatment, which seems more about style than the commonsense approach that is Bach's personal signature. Simultaneous release with the Little, Brown hardcover (Reviews, Jan. 23). (Apr.) Copyright 2006 Reed Business Information.
#1 Wall Street Journal and USA Today bestseller
Over 1 Million Copies in Print!
Praise for The Automatic Millionaire Homeowner
“[Bach’s] cheery, can-do message…cuts through the intimidating challenge of buying a house for the first-timer… for a newcomer, it’s fundamental reading.” — USA Today
“A great book that first-time homeowners and anyone toying with the notion of investing in real estate will find immensely practical… Bach offers universally good advice on how to begin saving and building wealth through homeownership… wildly motivational. — Publishers Weekly (starred review)
“If you read only one real estate book this year, it should be The Automatic Millionaire Homeowner… This is one of the few real estate books that cannot be recommended too highly for both beginner and experienced homeowners. — Robert J. Bruss, Miami Herald
Praise for David Bach:
“The bottom line is action, and Bach’s chatty writing style helps motivate you to that end.”
“Rather than tout eye-glazing accounting formulas, Bach relies on common sense.”
“I know how hard it is to make a personal-finance book user-friendly. Bach has done it.”