Creating Wealth: Retire in Ten Years Using Allen's Seven Principles of Wealth, Revised and Updated |
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| Title: | Creating Wealth: Retire in Ten Years Using Allen's Seven Principles of Wealth, Revised and Updated |
| Author: | Robert G. Allen |
| Publisher: | Free Press |
| Type: | Book / Hardcover |
| Publication Date: | 01 August, 2006 |
| ISBN / ISBN-13: | 0743277252 / 9780743277259 |
| List Price: | $26.00 |
| You Save: | $7.28 |
| Amazon Price: | $18.72 |
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This book is also available, brand-new, from 3rd-party marketplace sellers at Amazon.com, from $3.95.
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Editorial Review / Publisher's Information:
Product Description
Popular speaker, multimillionaire, and author of the all-time bestselling real-estate book Nothing Down, Robert G. Allen knows how to bring you financial success. With his seminars sweeping the nation, Allen is at the cutting edge of strategic wealth creation now more than ever. And in this completely revised edition of his classic bestseller Creating Wealth Allen gives you the basic principles that you need to stop thinking poor and start growing rich.Moving beyond just real estate, Allen goes straight to the core of people's inner motivations and beliefs about money to give you all the fundamentals of wealth creation. By developing a wealthy mind-set, anyone can take off into financial self-reliance -- and Allen shows you how. He explains the ways in which most of us have been programmed to think that only saving is good and debt and risk are bad, so that in our efforts to gain security, we cheat ourselves out of getting rich. The key to changing that mind-set is Allen's unique integration of real estate with other wealth-generating investments. In his trademark, easy-to-understand style Allen spells out all his practical applications and shows you how to: - Take advantage of recent tax laws
- Use leverage to multiply holdings while minimizing risks
- Benefit from high-yield discount mortgages
- Acquire long-term profits in gold and silver coins
- Set up corporations and trusts to protect assets
- Find the highest rate of return with the greatest liquidity
As Robert Allen has proved in his own life -- becoming a multimillionaire well before he was thirty-five -- it doesn't matter how much or how little money you have when you start as long as you understand the right principles -- timeless principles that can make you a fortune.
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Customer Reviews:
• No Secrets Found
07 July, 2009
No secrets revealed. The message is 'invest in real estate'. My response; "No kidding. That's not a secret". Unless you want to play in the Real Estate market, this reading is a waste of time and money.
- Amazon Customer Review
• Financial Freedom In 10 Years.
13 March, 2009
Robert G Allen's name is synonymous with "financial success". And with his seminars sweeping the nation, he is now more than ever at the cutting edge of strategic wealth creation. In this book, Allen gives you the basic principles that you need to stop thinking poor and start growing rich by developing a wealthy mind set. Moving beyond just real estate, Allen goes straight to the core of people's inner motivations and beliefs about money to give you all the fundamentals of wealth creation. In his trademark, easy-to-understand style, Allen spells out all his practical applications and shows you how to:(1). Take advantage of recent tax laws; (2). Benefit from high-yield discount morgages; (3). Set up corporation and trusts to protect assets; (4). Acquire long-term profits in gold and silver coins; (5). Find the highest rate of return with the greatest liquidity; and (6).Use leverage to multiply holdings whilst minimising risks. Digest this book and you will be able to retire in 10 years.
- Amazon Customer Review
• First, Change The Way You Think
12 August, 2009
Once we enter school, we are programmed to get educated so that we can get a good job, because this will bring us security and happiness. Nothing can be further from the truth. Our salary is our employer's expense, and they will always try to pay us as little as possible to control their own costs. Just like we would not overpay for a haircut or dinner at our favorite restaurant, our employers are unlikely pay us more than they absolutely have to.
This is a great book for people who want to step out of their comfort zone and question the status quo. In order to become wealthy, we first have stop thinking like the average person does. The author lists nine false assumptions:
* False Assumption 1: Having a Job Is Good and Leads Ultimately to Wealth
* False Assumption 2: Saving Your Money is a Good Investment
* False Assumption 3: Debt is Bad - Avoid It Like the Plague
* False Assumption 4: Security is Good
* False Assumption 5: Failure is Bad
* False Assumption 6: Wealth Is Measured in Material Possessions
* False Assumption 7: The Government, My Employer, or Someone Else Is Responsible for My Financial Well-Being
* False Assumption 8: Acquiring Wealth Is A Win-Lose Game
* False Assumption 9: It Takes Money to Make Money
I highly recommend this book to people who are interested in getting ahead.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
- Amazon Customer Review
• Allen's Creative Financing Techniques Still Working Today....
08 May, 2009
Aside from the many wealth building tools in Creating Wealth, what I found particularly interesting were the creative financing techniques on buying real estate.
In Creating Wealth Robert G. Allen explains in clear simple language, how anyone can locate the best buys, negotiate, deal with real estate agents and manage properties.
Allen shows you how to solve your immediate cash-flow problems and build equity for the future. Best of all, he shows you how to do it with the least amount of your own money---even with no money down.
Allen became a self made millionaire by using his own "Nothing Down" approach, demolishes the notion that "it takes money to make money," and offers imaginative and practical income producing formulas. Further, Allen shows you how to do this without large down payments.
Followers of Allen's methods have been overwhelmingly successful in building up sizable equity in several properties simultaneously.
Many people have found that buying real estate with Nothing Down is not all that difficult. The real problem is generating cash flow and staying out of trouble once you take over the property.
Allen devotes an entire chapter called Leverage: I love debt to show you how to buy right and an additional chapter called How to overcome the major obstacles that leverage creates to help keep out of trouble.
In Creating Wealth, Allen offers 8 Nothing Down techniques, a property analysis form, a grid chart and scripts to call on prospective sellers (don't wanters)
The book provides specific techniques for:
* Successful Negotiation
* Tax-free retirement in 5 years
* Direct, legal tax cuts
* Financing
* Locating bargain properties
* Selling and trading for maximum gain
* Increasing property value
* Overcoming the biggest roadblocks to success
In chapter 12, Allen discloses the enormous profits in discounted mortgages, offers sample ads to run, strategies and fundamentals on how to structure the deals.
Creating Wealth was a great book when it came out and it is still a great book. Disregard reviewers who say this book is too old or outdated (I guess they missed the fact that it was updated, revised and re-released in 2006). The techniques still work and there are many revisions. Ask anyone who has actually used the strategies. Ask anyone who has actually read the book, not just the free stuff on Amazon. And don't listen to those paper tigers who write nonsense and have no real world investing or business experience and probably never even read Creating Wealth.
Also recommend Mr. Allen's Multiple Streams of Income for those looking for ways to generate streams of residual income outside of real estate investing.
- Amazon Customer Review
• Fellow #1 Best-selling Author Recommends This Book...
20 February, 2009
Fellow #1 Best-Selling Author says... This book gets my highest recommendation!
After being featured as a 'Success Story' on a highly-successful TV infomercial and then creating my own #1 Best-Selling book called: [Conversations with Millionaires: What Millionaires Do to Get Rich, That You Never Learned About in School!] I can honestly say that I've seen virtually ALL of the different books and products about wealth and success by the various gurus out there...
And Robert Allen is one of the TOP success gurus on the planet!
This is yet another AWESOME book by Robert Allen! If you've read any of his other books then you already know he does great stuff.
Robert is living proof that he KNOWS how to create massive success and most importantly to you he's a GREAT teacher who can effectively transfer that knowledge to others. Definitely grab this book now and enjoy it to the fullest!
- Amazon Customer Review
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