Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss | 
|  | | | Title: | Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss | | Author: | Ken McElroy | | Publisher: | Business Plus | | Type: | Book / Paperback | | Publication Date: | 01 September, 2004 | | ISBN / ISBN-13: | 0446691844 / 9780446691840 | | List Price: | $16.95 | | You Save: | $5.42 | | Amazon Price: | $11.53 | |
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| Editorial Review / Publisher's Information:
Product Description
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!
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Customer Reviews:
• How To Run A Real Estate Business. 13 October, 2008
This is more of a book on how to run a real estate investment business than what you traditionally find in real estate investment books. I would not recommend this book for beginners or even amateurs because there's no way you'll be able to raise the millions needed for investing in huge complexes from investors without a lot of experience. I certainly wouldn't give a million dollars to someone that's never purchased and managed a large complex so they could learn with my money.
I believe this, and his Advanced Guide to Real Estate Investing, are great books for investors that are moving from single and multi-family residences to large complexes. But I just don't bite off on any Joe Blow being able to raise the capital to do what he's teaching.
- Reviewed by customer ID: ABTEHEECP75KJ
• Great For Beginners 18 October, 2008
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.
- Reviewed by customer ID: A34E9FHISETZAF
• Very Good Book Written Straight To The Point. 07 January, 2009
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.
- Reviewed by customer ID: A1B2M4Q6W1HCJB
• Crossed The "t"s And Dotted The "i"s 10 June, 2008
This was a thorough book. The author has real-life experience doing exactly what he writes about. He gives excellent advice on how to find the diamonds in the rough, and how to do 99% of your research BEFORE you spend a dime. I recommend this book to anyone in the industry. Fabulous!
- Reviewed by customer ID: A2K4FGJU9RHMOV
• Excellent How-to Book On Buying Apartment Buildings 23 September, 2008
This is the first book in the Rich Dad series that actually tells you how to find, buy and manage apartment complexes. The author writes the entire step by step process of locating a good market and a good deal.
The disadvantage is that the step by step process is written in paragraph form, not outline form, so that makes it a little harder to go back and find the step you are looking for after reading the book.
- Reviewed by customer ID: A2RHV0XHSOL246
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