Real Estate Investment, Secrets to Investing in Real Estate
September 19, 2009 by Investment Secrets · Leave a Comment
Real Estate Investment Secrets
July 25, 2009 by Investment Secrets · Leave a Comment
Real Estate Investment Secrets
Back in the days of the wild, Wild West, when easterners traveled across this vast country looking for opportunity in the newly opened territories, they were often referred to as a ‘tenderfoot’. This wasn’t a complimentary term but it was a rather apt one. The easterners wore ‘city’ shoes that weren’t designed to withstand the rigors of the western terrain. Their hats didn’t have wide brims to protect them from the sun and their clothing wasn’t made of tough material like denim.These new westerners didn’t know how to take care of themselves and because they didn’t know where and what the dangers were they didn’t have any idea how to avoid them. If you are just beginning to consider the idea of investing in real estate you are a tenderfoot and you do need some instruction to avoid losing your shirt…and probably your pants, hat and boots, as well.
The Weekend Millionaires Secrets to Investing in Real Estate How to Become Wealthy in Your Spare Time
June 20, 2009 by Investment Secrets · Leave a Comment
“Everything you need to know to make millions by investing in real estate. Be smart — take advantage of their invaluable experience to help you reach your financial goals.”–Jack Canfield, Co-author, The Power of Focus, Dare to Win, and the Chicken Soup for the Soul(R) series.
A proven formula for making a killing in small real estate investments in all market conditions
Millionaire real estate investor Mike Summey and nationally recognized negotiation expert Roger Dawson team up to offer a complete program for becoming a real estate magnate in your spare time. Unlike all the get-rich-quick real estate investment guides on the shelves, The Weekend Millionaire shows readers how to look beyond price to the fundamentals of what makes a property valuable and to leverage that value in order to build wealth, consistently, over years. It also teaches them an original, win-win negotiating strategy in which the buyer determines the terms of the purchase and lets the seller determine the price.
Readers get clear, step-by-step guidance on how to:
- Find great investment properties
- Approach sellers
- Structure a win-win proposal
- Get a proposal accepted–even with no money down and bad credit
- Negotiate a transaction
- Manage and maintain properties for increasing returns
User Ratings and Reviews
5 Stars Wonderful Book for Creating Long-Term Wealth
This is one of the first REI books I’ve read and I continue to go back to it for motivation and information. I started investing in 2003 and since then I have purchased 4 single-family homes all with a positive cashflow. I now have a net worth of over half a million. Their style of REI is to buy decent, rentable properties and rent them out for the long term without having to deal with landlording. If you had someone paying your mortgage, wouldn’t that make you happy? Now if you were able to have 10 people paying off 10 of your mortgages, that will make you wealthy. Also, what these authors do that others don’t is they host FREE live chat rooms and information on their website. Other authors charge you several hundred dollars for the same mentorship. I was very impressed with the information and I will continue to acquire homes, turn my trickle of monthly cashflow into multiple streams of massive wealth, not to mention the appreciation and equity you will gain by having others pay your mortgages. Great book, buy it!
5 Stars Real Estate Cash flow oriented
An excellent book for the Cash Flow oriented investor. It offers real life buying samples and the structure of the deal. One chapter covers the importance of the Net Operating Income and the cash flow of your investment. Another area of importance is the Letter of Intent to Purchase Property, where it assist you and your realtor to get multiple offers presented to different sellers at the same time. I’m a fan of Robert T Kiyosaki and I believe that this book has alot to offer.
5 Stars made 200K from my first real estate deal
I made 200k with my first real estate deal. I am hoping to do maybe one more later this year.
4 Stars Great first read
It was my first book on real estate that I read and I thought is was perfect for that. High level stuff that introduces the reader to the key concepts in real estate. Lacks detail of the actual how to part but I don’t believe it was intended for that. You will need to read other books to enhance your skills but this really gives you the big picture. I also love this book because it is not a get rich quick book. They tell you how to build long term wealth not quick cash. Since reading this book I have continued to read many others on real estate and leveraging but I recommend this to people as a great first or second read.
5 Stars Complete in nearly every detail
Nothing is left to chance in this book. I have found myself reading chapters over and over! David W.
Interested in Investing in Real Estate in Marin County?
June 18, 2009 by Investment Secrets · Leave a Comment
Secrets of Buying and Selling Real Estate Without Using Your Own Money
June 3, 2009 by Investment Secrets · Leave a Comment
Secrets of Buying and Selling Real Estate Without Using Your Own Money
“…As a writer, he uses clear, persuasive and accessible language…” (Miami Herald, October 13, 2003)
User Ratings and Reviews
3 Stars good ideas, but on the vague side
There is a lot of good information about investing in real estate in this book. I feel most of the things he suggests in the book are too vague and require a much more in depth approach.
5 Stars Take your advice from those who have done it …
Robert Shemin gives more information and ideas in Secrets of Buying… than one very famous real estate writer gives in four books and another charges thousands of dollars for. It is not a “get rich quick” plan. Remember to get your information from those who know what they are talking about and have done what you want to do, and Shemin is that man. You will always need more information, experts in your area, and experts in different fields of real estate; and Shemin states this in his book.
One real estate book will not solve all of your problems or answer all of your questions, but the bottom line is that this one gives you more than most. I will continue to go back to this book for ideas and to fine tune my investing skills for years. The only thing missing is him taking you by the hand to take action. Take responsability, be persistant, read, educate yourself, stay positive, be careful who you take advice from, take action, and stay positive.
1 Star Where’s the Beef???
Anyone who remembers that old TV commercial for Wendy’s will know exactly what I mean. This book has no substance. “Find a $300,000 house, buy it for $200,000 and flip it to an investor for $250,000 and pocket the difference”. Yeah, it sounds nice but I live in a place called Earth. Perhaps in some depressed areas you might find sellers motivated enough to sell at that kind of discount, but don’t plan on moving that property anytime soon either. Where I live, in Northern Virginia, people pay $30,000-$50,000 OVER the asking prices for a house. My neighbor just sold her TOWNHOUSE which she put on the market. She listed it for $385K and had SIX contracts on it the first week and sold it for $430K. Good luck finding a “motivated” seller around here. Up into southern Maryland you can find properties for below “market” value, but you can’t turn them quickly.
This guy may have done quite well during the real estate boom, but its a different world now and the things he is saying to do “without by the way telling you HOW to do them” are just ludicrous.
Keep your money, don’t waste it on this book.
1 Star The worst book
I have read probably twenty books in real Estate in the past six months…this is the worst so far. Whoever is writting is going at light speed and has no concept of teaching or sharing knowledge. It has no depth and he continuosly jumps from one subject to another not covering any of the real issues and questions. The bottom line…don’t waste your money.There are “real good books” in real Estate but this is not one of them.
JC
1 Star Disseparate thoughts
I got into real estate investing primarily due to Mr. Shemin’s first two books, “Secrets of a Millionaire Landlord” and “secrets of a Millionaire Real Estate Investor.” Both of these books were excellent, and I wouldn’t sell my copies for the world.
However, this is simply a collection of loosely connected thoughts strung together to create a book. Here is the plan presented in the book — Find a $250,000 that you can purchase for $190,000 from a motivated seller, and sell it to someone else for $230,000, then retire rich.
Not much of a plan if you ask me, especially when where I live, a $250,000 would be a mansion, not a 3 bedroom 2 bath starter house. A real presented plan would be, do A, B, C, D, etc.
What he is suggesting in the book is not investing, rather it is speculating in real estate. While there is nothing wrong with that, let’s call it what it is.
His other book, “Unlimited Riches,” which I also own, covers everything here, and is a much better written book. It at least presents a cohesive plan that a novice might be able to follow.
The book updates us on where Mr. Shemin is going in his life, and career. He lets us know that he got out of the landlord business and is now speculating in real estate and “writing paper,” (hard money lending) as he calls it.
I have read many what I call “Rah Rah” books. There is nothing wrong with convincing people that they too can succeed in real estate, but this book doesn’t even do that.
I always try to find 2 or 3 new ideas, even out of a bad book. While there are a few ideas that make me go, “Hmm, interesting,” there are no sonic booms here. The book comes off as an advertisement for his real estate seminars and multilevel marking of some products, nothing wrong with that, but not much else for me to sink my teeth into.
I am presently reading his new book “How to Avoid the 75 Mistakes Every Investor Makes.” That book should have been 50 Mistakes, but they stretched a few to get 75. Mind you, they are not bad, just that some didn’t even take up half a page, and there are 250 pages in that book.
If you have the money, buy the book, but if you have to choose between this one and another one, pass this one by. However, that said, do purchase his Millionaire books. They are worth the money.
In closing, I’d like to find someone who would write a book on how to check real estate records for liens. You know, the nitty gritty work of real estate investing. Instead, they all want you to pay the $1000 for this information.
Secrets of Buying and Selling Real Estate Without Using Your Own Money
May 13, 2009 by Investment Secrets · Leave a Comment
Secrets of Buying and Selling Real Estate Without Using Your Own Money
“…As a writer, he uses clear, persuasive and accessible language…” (Miami Herald, October 13, 2003)
User Ratings and Reviews
3 Stars good ideas, but on the vague side
There is a lot of good information about investing in real estate in this book. I feel most of the things he suggests in the book are too vague and require a much more in depth approach.
5 Stars Take your advice from those who have done it …
Robert Shemin gives more information and ideas in Secrets of Buying… than one very famous real estate writer gives in four books and another charges thousands of dollars for. It is not a “get rich quick” plan. Remember to get your information from those who know what they are talking about and have done what you want to do, and Shemin is that man. You will always need more information, experts in your area, and experts in different fields of real estate; and Shemin states this in his book.
One real estate book will not solve all of your problems or answer all of your questions, but the bottom line is that this one gives you more than most. I will continue to go back to this book for ideas and to fine tune my investing skills for years. The only thing missing is him taking you by the hand to take action. Take responsability, be persistant, read, educate yourself, stay positive, be careful who you take advice from, take action, and stay positive.
1 Star Where’s the Beef???
Anyone who remembers that old TV commercial for Wendy’s will know exactly what I mean. This book has no substance. “Find a $300,000 house, buy it for $200,000 and flip it to an investor for $250,000 and pocket the difference”. Yeah, it sounds nice but I live in a place called Earth. Perhaps in some depressed areas you might find sellers motivated enough to sell at that kind of discount, but don’t plan on moving that property anytime soon either. Where I live, in Northern Virginia, people pay $30,000-$50,000 OVER the asking prices for a house. My neighbor just sold her TOWNHOUSE which she put on the market. She listed it for $385K and had SIX contracts on it the first week and sold it for $430K. Good luck finding a “motivated” seller around here. Up into southern Maryland you can find properties for below “market” value, but you can’t turn them quickly.
This guy may have done quite well during the real estate boom, but its a different world now and the things he is saying to do “without by the way telling you HOW to do them” are just ludicrous.
Keep your money, don’t waste it on this book.
1 Star The worst book
I have read probably twenty books in real Estate in the past six months…this is the worst so far. Whoever is writting is going at light speed and has no concept of teaching or sharing knowledge. It has no depth and he continuosly jumps from one subject to another not covering any of the real issues and questions. The bottom line…don’t waste your money.There are “real good books” in real Estate but this is not one of them.
JC
1 Star Disseparate thoughts
I got into real estate investing primarily due to Mr. Shemin’s first two books, “Secrets of a Millionaire Landlord” and “secrets of a Millionaire Real Estate Investor.” Both of these books were excellent, and I wouldn’t sell my copies for the world.
However, this is simply a collection of loosely connected thoughts strung together to create a book. Here is the plan presented in the book — Find a $250,000 that you can purchase for $190,000 from a motivated seller, and sell it to someone else for $230,000, then retire rich.
Not much of a plan if you ask me, especially when where I live, a $250,000 would be a mansion, not a 3 bedroom 2 bath starter house. A real presented plan would be, do A, B, C, D, etc.
What he is suggesting in the book is not investing, rather it is speculating in real estate. While there is nothing wrong with that, let’s call it what it is.
His other book, “Unlimited Riches,” which I also own, covers everything here, and is a much better written book. It at least presents a cohesive plan that a novice might be able to follow.
The book updates us on where Mr. Shemin is going in his life, and career. He lets us know that he got out of the landlord business and is now speculating in real estate and “writing paper,” (hard money lending) as he calls it.
I have read many what I call “Rah Rah” books. There is nothing wrong with convincing people that they too can succeed in real estate, but this book doesn’t even do that.
I always try to find 2 or 3 new ideas, even out of a bad book. While there are a few ideas that make me go, “Hmm, interesting,” there are no sonic booms here. The book comes off as an advertisement for his real estate seminars and multilevel marking of some products, nothing wrong with that, but not much else for me to sink my teeth into.
I am presently reading his new book “How to Avoid the 75 Mistakes Every Investor Makes.” That book should have been 50 Mistakes, but they stretched a few to get 75. Mind you, they are not bad, just that some didn’t even take up half a page, and there are 250 pages in that book.
If you have the money, buy the book, but if you have to choose between this one and another one, pass this one by. However, that said, do purchase his Millionaire books. They are worth the money.
In closing, I’d like to find someone who would write a book on how to check real estate records for liens. You know, the nitty gritty work of real estate investing. Instead, they all want you to pay the $1000 for this information.
Flipping Confidential The Secrets of Renovating Property for Profit In Any Market
May 8, 2009 by Investment Secrets · Leave a Comment
Flipping Confidential The Secrets of Renovating Property for Profit In Any Market
Master the art of flipping with KIRSTEN KEMP, host of the hit TV show Property Ladder!
“This book establishes a new standard for real estate authors. Kemp gives her readers delightfully written prose packed with her wealth of experiences. She lays out so many profit-generating (and loss-avoiding) ideas that while reading the manuscript my highlighter never got a rest.”
–Gary Eldred, Trump University Professor of Real Estate, coauthor of the bestseller Investing in Real Estate
Real estate isn’t just for the rich! And this book proves it. In Flipping Confidential, Kirsten Kemp, the host of TLC’s runaway hit show, Property Ladder, gives first-time investors the guidance and inside tips to buy cheap, fix fast, and sell high. With a positive attitude and a healthy dose of humor, Kirsten Kemp walks you through every step of a successful flip–from finding the right house to getting your financing in order, from making big improvements to pricing the home to sell.
If you’ve ever seen Property Ladder, you know that successfully fixing and flipping a property can be a deeply rewarding experience–both personally and financially–when you do it right. Kemp makes sure you do it right in Flipping Confidential, revealing all the inside knowledge she has amassed as a successful flipper. You’ll learn how Kemp became a successful flipper and much more, including how to:
* Get started with little savings or free time
* Find great leads and follow up on them
* Clean up your credit and find financing
* Sign up a great agent, lender, or contractor
* Learn when you can do it yourself, and when to hire a pro
* Keep costs down during renovations
* Set schedules and plan for costs and fees
* Master home staging for higher profits
* Manage mistakes before they become disasters
Real estate is the key to your financial freedom, and flipping is the fastest way to unlock that door. If you want to get out of the office, be your own boss, spend more time with your family, and make a truckload of money in the process, this is the ultimate guide to your new life. The key to financial success isn’t a secret, it’s Flipping Confidential.
User Ratings and Reviews
4 Stars Good but for beginners only
FC is not particularly in-depth but it’s a good primer for anyone considering making the move into flipping. It’s certainly better than most of the other books I’ve read on the subject. Good but for beginners only.
4 Stars Great for Flipping Beginners
Before reading Kirsten Kemp’s Flipping Confidential, everything I knew about flipping I learned on TV. Thankfully, I didn’t run out and buy property based on that exposure alone.
In Flippng Confidential, Kemp lays out the process of finding and flipping homes in a well-organized, no-nonsense manner.
While I found the book to be a good primer on the subject, there’s only so much you can say in one book and it is lacking specifics in many areas. If you’ve never read any books on the subject, start with this book first. If you still want to flip after reading, expect that you have to go elsewhere for more in-depth information.
4 Stars Pleased with the attention
The delivery was on time and the book was in great shape.I was kept up to date throughout the whole process andwill buy again.
5 Stars If you like her show, you will love her book
As a potential house flippers, we watch Property Ladder like addicts. When I saw that Kirsten had a book, I immediately bought it.
Tons of experience = sound advice. It makes you think about one’s decision to jumping into a house flip if you are not prepared, funded, or skilled.
It reads as easy as Kirsten sounds on her show. I recommend it to anyone considering “getting rich quick” by flipping real estate.
5 Stars Good information…Detailed
Very detailed and provides good points that a rookie flipper would easily miss. Do recommend.
Rich Dads Advisors The ABCs of Real Estate Investing The Secrets of Finding Hidden Profits Most Investors Miss
April 27, 2009 by Investment Secrets · Leave a Comment
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!
User Ratings and Reviews
5 Stars 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.
5 Stars 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
4 Stars 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.
4 Stars 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.
4 Stars Great for beginners
After all its the ‘ABC’, for beginners. Would take a couple more books to get to ‘XYZ’. Its great for those who are interested in the real estate investing and want to know what its about (this book only talks about rental apartments, not houses or condos). For people who are already in the business this book will only point out the obvious. It doesn’t cover all of the aspects of real estate investing. Well, no book does. It serves more as a guide, touches on the surface of 1) finding deals, 2) how to investigate a property, 3) how to come up with the price of the property, 4) a little bit on how to manage rental apartments. It doesn’t cover on other important topics such as 1) funding, bank loans, financing and morgaging your property 2) taxes and 3) market researching.
Rich Dads Advisors The ABCs of Real Estate Investing The Secrets of Finding Hidden Profits Most Investors Miss
April 26, 2009 by Investment Secrets · Leave a Comment
Learn how the cash flow generated from property investments appreciates in value and ensures financial freedom, as well as the freedom to be your own boss. Discover real estate investing wisdom from the trenches with The ABCs of Real Estate Investing. Learn how to evaluate candidates based on the qualities of a good partnership, become familiar with various research tools, stay away from shaky deals, and establish systems for maintenance, accounting, rent collection, and more.
User Ratings and Reviews
5 Stars 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.
5 Stars 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
4 Stars 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.
4 Stars 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.
4 Stars Great for beginners
After all its the ‘ABC’, for beginners. Would take a couple more books to get to ‘XYZ’. Its great for those who are interested in the real estate investing and want to know what its about (this book only talks about rental apartments, not houses or condos). For people who are already in the business this book will only point out the obvious. It doesn’t cover all of the aspects of real estate investing. Well, no book does. It serves more as a guide, touches on the surface of 1) finding deals, 2) how to investigate a property, 3) how to come up with the price of the property, 4) a little bit on how to manage rental apartments. It doesn’t cover on other important topics such as 1) funding, bank loans, financing and morgaging your property 2) taxes and 3) market researching.
Free Guide - Investing into Real Estate
April 19, 2009 by Investment Secrets · Leave a Comment
