Comments for Nevada Retirement Planners http://www.nevadaretirementplanners.com Helping you plan your future Thu, 22 Jul 2010 13:44:46 +0000 hourly 1 http://wordpress.org/?v=3.0 Comment on Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss by Cedria King http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/comment-page-1/#comment-2015 Cedria King Thu, 22 Jul 2010 13:44:46 +0000 http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/#comment-2015 <i>Review by Cedria King for <a href="http://www.amazon.com/Investing-Apartment-Buildings-Reliable-Long-Term/dp/0071498869%3FSubscriptionId%3D0E7Q4YYNZ3P7RFWVQZG2%26tag%3Dcuestionl-20%26linkCode%3Dxm2%26camp%3D2025%26creative%3D165953%26creativeASIN%3D0071498869" rel="nofollow">Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth</a></i> <b>Rating: <img src="http://www.nevadaretirementplanners.com/wp-content/plugins/WPRobot3/images/4.png" ></b> This book covers the basics of purchasing an apartment complex or duplex. It doesn't throroughly cover how to inspect the potential building, sources to learn about inspection, purchasing foreclosures ins and outs, handling renters, laws pertaining to landlords, etc. This book has some information to learn about this potential investment but is not in depth enough in my opinion. Review by Cedria King for Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth
Rating:
This book covers the basics of purchasing an apartment complex or duplex. It doesn’t throroughly cover how to inspect the potential building, sources to learn about inspection, purchasing foreclosures ins and outs, handling renters, laws pertaining to landlords, etc. This book has some information to learn about this potential investment but is not in depth enough in my opinion.

]]> Comment on Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss by M. Elbayadi http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/comment-page-1/#comment-2013 M. Elbayadi Thu, 22 Jul 2010 13:18:20 +0000 http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/#comment-2013 <i>Review by M. Elbayadi for <a href="http://www.amazon.com/Investing-Apartment-Buildings-Reliable-Long-Term/dp/0071498869%3FSubscriptionId%3D0E7Q4YYNZ3P7RFWVQZG2%26tag%3Dcuestionl-20%26linkCode%3Dxm2%26camp%3D2025%26creative%3D165953%26creativeASIN%3D0071498869" rel="nofollow">Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth</a></i> <b>Rating: <img src="http://www.nevadaretirementplanners.com/wp-content/plugins/WPRobot3/images/5.png" ></b> I got this book because I wanted to start learning about how others have approached buying investment properties and what were some of their "lessons learned," so that I could avoid making the same mistakes with my own capital <br /> <br />The author, Matthew Martinez took a unique approach to writing this book. Part of this book is about his own personal journey of leaving Corporate America and embracing the notion of passive income. As he shares his own story, he also explains in clear language some of the important areas that a new investor needs to understand <br /> <br /> One of the key reasons I bought this book, is that I did not want to read a "get-rich-quick" book that was full of sizzle and little substance that can actually help me navigate the new territory. <br /> <br />Matthew's book provided sound advice and a strategy based on clear thinking and planning. Like any other business, sound planning and clear objectives should be articulated before the first offer is sent to the seller. <br /> <br />I especially enjoyed reading the chapter about Tenants and Landlord-laws. For example if you don't know how to deal with security deposits and the legal issues surrounding that, you may want to read page 118-119 a few times. <br /> <br />I end this review with Matthew's introduction to his book: "The way to get started is to stop talking and start doing." - Walt Disney <br /> <br />"Start doing" by reading this book and begin to arm yourself with knowledge that will help you be successful in real estate investing. <br /> <br /> Review by M. Elbayadi for Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth
Rating:
I got this book because I wanted to start learning about how others have approached buying investment properties and what were some of their “lessons learned,” so that I could avoid making the same mistakes with my own capital

The author, Matthew Martinez took a unique approach to writing this book. Part of this book is about his own personal journey of leaving Corporate America and embracing the notion of passive income. As he shares his own story, he also explains in clear language some of the important areas that a new investor needs to understand

One of the key reasons I bought this book, is that I did not want to read a “get-rich-quick” book that was full of sizzle and little substance that can actually help me navigate the new territory.

Matthew’s book provided sound advice and a strategy based on clear thinking and planning. Like any other business, sound planning and clear objectives should be articulated before the first offer is sent to the seller.

I especially enjoyed reading the chapter about Tenants and Landlord-laws. For example if you don’t know how to deal with security deposits and the legal issues surrounding that, you may want to read page 118-119 a few times.

I end this review with Matthew’s introduction to his book: “The way to get started is to stop talking and start doing.” – Walt Disney

“Start doing” by reading this book and begin to arm yourself with knowledge that will help you be successful in real estate investing.

]]> Comment on Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss by Mariusz Skonieczny http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/comment-page-1/#comment-2011 Mariusz Skonieczny Thu, 22 Jul 2010 12:32:08 +0000 http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/#comment-2011 <i>Review by Mariusz Skonieczny for <a href="http://www.amazon.com/Investing-Apartment-Buildings-Reliable-Long-Term/dp/0071498869%3FSubscriptionId%3D0E7Q4YYNZ3P7RFWVQZG2%26tag%3Dcuestionl-20%26linkCode%3Dxm2%26camp%3D2025%26creative%3D165953%26creativeASIN%3D0071498869" rel="nofollow">Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth</a></i> <b>Rating: <img src="http://www.nevadaretirementplanners.com/wp-content/plugins/WPRobot3/images/5.png" ></b> I found this book to be the best one on the subject of apartment investing. The author says that there are three types of income: earned, portfolio, and passive. Most people have jobs so they earn income, but they might also have some portfolio income from stocks or bonds. Real estate, and specifically, apartments, can provide passive income. Apartments fall into two categories: two to four units and five or more units. Two-to-four units are considered residential and can be financed with residential loans. Five units and up are considered commercial and have to be financed with commercial loans. This distinction is important because residential loans are usually 30-year loans and can be refinanced whenever the owner wishes, while commercial loans are either 3, 5, or 7-year loans, and they must be refinanced at the end of these terms. <br /> <br />The author does a really good job showing readers how to source properties, perform due diligence, find financing, and sell properties. I also liked how he provided resources at the end of the book such as top multi-family lenders. I definitely recommend this book to readers. <br /> <br />- 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 Review by Mariusz Skonieczny for Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth
Rating:
I found this book to be the best one on the subject of apartment investing. The author says that there are three types of income: earned, portfolio, and passive. Most people have jobs so they earn income, but they might also have some portfolio income from stocks or bonds. Real estate, and specifically, apartments, can provide passive income. Apartments fall into two categories: two to four units and five or more units. Two-to-four units are considered residential and can be financed with residential loans. Five units and up are considered commercial and have to be financed with commercial loans. This distinction is important because residential loans are usually 30-year loans and can be refinanced whenever the owner wishes, while commercial loans are either 3, 5, or 7-year loans, and they must be refinanced at the end of these terms.

The author does a really good job showing readers how to source properties, perform due diligence, find financing, and sell properties. I also liked how he provided resources at the end of the book such as top multi-family lenders. I definitely recommend this book to readers.

- 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

]]> Comment on Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss by N. Mohanka http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/comment-page-1/#comment-2009 N. Mohanka Thu, 22 Jul 2010 12:22:55 +0000 http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/#comment-2009 <i>Review by N. Mohanka for <a href="http://www.amazon.com/Investing-Apartment-Buildings-Reliable-Long-Term/dp/0071498869%3FSubscriptionId%3D0E7Q4YYNZ3P7RFWVQZG2%26tag%3Dcuestionl-20%26linkCode%3Dxm2%26camp%3D2025%26creative%3D165953%26creativeASIN%3D0071498869" rel="nofollow">Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth</a></i> <b>Rating: <img src="http://www.nevadaretirementplanners.com/wp-content/plugins/WPRobot3/images/5.png" ></b> Mathew Martinez continues his good work with this book on apartment investing. I knew he was different than most real estate authors after reading his first book, '2 Years to a Million in Real Estate'. He writes about his personal experiences in a clear, informative manner and does not cloud information in hyperbole. <br /> <br />The introduction about the woes facing the middle class is timely. I believe that, one by one, millions of Americans will find out that the comfortable life and retirement they expected for themselves will not be possible without some diversification out of paper assets. Real Estate, and apartment buildings in particular, offer an excellent means for people to go beyond their 9-to-5 grind and to establish some financial security and perhaps even prosperity. <br /> <br />Matthew's logical description of working your farm area, sourcing properties, buying smart, doing your due diligence, financing, property management (which in the beginning includes landlording) and finally exit strategies is brief and yet complete. These are the steps you'll need to go through and the basic information you'll need to understand. <br /> <br />In addition to helpful advice and simple language, Matthew's inclusion of inspiring quotes, useful websites and major multifamily lenders rounds out this superb book for the novice apartment building investor. As with all books like this, the real value is in putting the information into action. I've been a real estate investor for a few years and have seen many investors make good money by combining simple techniques with consistent effort. The best review of Matt's book is the positive results you can achieve by following his advice! <br /> <br />Great job! <br /> <br />- RAJ <br /> Review by N. Mohanka for Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth
Rating:
Mathew Martinez continues his good work with this book on apartment investing. I knew he was different than most real estate authors after reading his first book, ’2 Years to a Million in Real Estate’. He writes about his personal experiences in a clear, informative manner and does not cloud information in hyperbole.

The introduction about the woes facing the middle class is timely. I believe that, one by one, millions of Americans will find out that the comfortable life and retirement they expected for themselves will not be possible without some diversification out of paper assets. Real Estate, and apartment buildings in particular, offer an excellent means for people to go beyond their 9-to-5 grind and to establish some financial security and perhaps even prosperity.

Matthew’s logical description of working your farm area, sourcing properties, buying smart, doing your due diligence, financing, property management (which in the beginning includes landlording) and finally exit strategies is brief and yet complete. These are the steps you’ll need to go through and the basic information you’ll need to understand.

In addition to helpful advice and simple language, Matthew’s inclusion of inspiring quotes, useful websites and major multifamily lenders rounds out this superb book for the novice apartment building investor. As with all books like this, the real value is in putting the information into action. I’ve been a real estate investor for a few years and have seen many investors make good money by combining simple techniques with consistent effort. The best review of Matt’s book is the positive results you can achieve by following his advice!

Great job!

- RAJ

]]> Comment on Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss by Mike Papantonakis http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/comment-page-1/#comment-2007 Mike Papantonakis Thu, 22 Jul 2010 12:04:08 +0000 http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/#comment-2007 <i>Review by Mike Papantonakis for <a href="http://www.amazon.com/Investing-Apartment-Buildings-Reliable-Long-Term/dp/0071498869%3FSubscriptionId%3D0E7Q4YYNZ3P7RFWVQZG2%26tag%3Dcuestionl-20%26linkCode%3Dxm2%26camp%3D2025%26creative%3D165953%26creativeASIN%3D0071498869" rel="nofollow">Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth</a></i> <b>Rating: <img src="http://www.nevadaretirementplanners.com/wp-content/plugins/WPRobot3/images/5.png" ></b> As an investor in apartments and commercial real estate broker specializing in apartments, I found this to be a great primer with accurate information for the novice investor. It's an easy read and provides up to date information on the state of the real estate market. Investors will find this book to be a great tool and resource in helping them understand how and why apartments can be a launch pad to greater wealth and larger properties with positive cash flow. <br />I have found that many uninformed investors buy the wrong property at the wrong price and get burned. Using the income approach to value gives investors the knowledge to become successful and build wealth through their real estate investments. <br />I am ordering more copies of this book to hand out to my novice investors in an effort to educate them. <br />Thanks for such a well written piece. Review by Mike Papantonakis for Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth
Rating:
As an investor in apartments and commercial real estate broker specializing in apartments, I found this to be a great primer with accurate information for the novice investor. It’s an easy read and provides up to date information on the state of the real estate market. Investors will find this book to be a great tool and resource in helping them understand how and why apartments can be a launch pad to greater wealth and larger properties with positive cash flow.

I have found that many uninformed investors buy the wrong property at the wrong price and get burned. Using the income approach to value gives investors the knowledge to become successful and build wealth through their real estate investments.

I am ordering more copies of this book to hand out to my novice investors in an effort to educate them.

Thanks for such a well written piece.

]]> Comment on Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss by M. Sharma http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/comment-page-1/#comment-2005 M. Sharma Thu, 22 Jul 2010 11:20:50 +0000 http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/#comment-2005 <i>Review by M. Sharma for <a href="http://www.amazon.com/Rich-Dads-Advisors%C2%AE-Investing-Investors/dp/B001Q3M5XU%3FSubscriptionId%3D0E7Q4YYNZ3P7RFWVQZG2%26tag%3Dcuestionl-20%26linkCode%3Dxm2%26camp%3D2025%26creative%3D165953%26creativeASIN%3DB001Q3M5XU" rel="nofollow">Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss</a></i> <b>Rating: <img src="http://www.nevadaretirementplanners.com/wp-content/plugins/WPRobot3/images/2.png" ></b> The content of this book mainly deals with buying apartment buildings. Although this is a profitable way to invest in real estate, it is not a book for beginners. The author talks about how he and his company search many locals across the country in finding good deals. This does not apply to the new or relatively new investor who doesn't have the time or resources to search the country. Most new investors start with single family homes in their own neighborhood, and this book competely glosses over this starting point. Review by M. Sharma for Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss
Rating:
The content of this book mainly deals with buying apartment buildings. Although this is a profitable way to invest in real estate, it is not a book for beginners. The author talks about how he and his company search many locals across the country in finding good deals. This does not apply to the new or relatively new investor who doesn’t have the time or resources to search the country. Most new investors start with single family homes in their own neighborhood, and this book competely glosses over this starting point.

]]> Comment on Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss by Michael http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/comment-page-1/#comment-2003 Michael Thu, 22 Jul 2010 10:42:40 +0000 http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/#comment-2003 <i>Review by Michael for <a href="http://www.amazon.com/Rich-Dads-Advisors%C2%AE-Investing-Investors/dp/B001Q3M5XU%3FSubscriptionId%3D0E7Q4YYNZ3P7RFWVQZG2%26tag%3Dcuestionl-20%26linkCode%3Dxm2%26camp%3D2025%26creative%3D165953%26creativeASIN%3DB001Q3M5XU" rel="nofollow">Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss</a></i> <b>Rating: <img src="http://www.nevadaretirementplanners.com/wp-content/plugins/WPRobot3/images/5.png" ></b> First, I was a bit skeptical because although I really liked the Rich Dad series, I thought it was extremely light in the "how" department. Everything he said made sense, but how do I do it? Well the ABC's of Real Estate Investing will take it to the next step and tell you how. <br /> <br />I listened to the audio book version but I'm sure I'll buy the regular book as well because there is just so much information in this book, especially the checklists. Ok, so why is this book great? Because it's written by someone who actually did all this stuff and is successful. He uses real examples from properties he's owned in the Phoenix area. I lived in this area for 9 years, and I can say everything he said about it made a lot of sense. You don't need to be from Phoenix, I'm just saying that I think the author really knows his stuff. <br /> <br />ATTENTION! Here is a one thing you may or may not like (judging from other reviews): This book uses multi-family (apartment buildings) in all the examples. They cost millions. So although on one hand he makes it sound easy enough that I could do it, I'm not comfortable going after a two million dollar property for my first one! HOWEVER, I think everything he said would apply to an individual family home as well. This didn't bother me at all, and if I ever get a chance at a multi-family unit I'll have more confidence to do it. <br /> <br />If you listen to the audio book, the author reads it himself. Something I really enjoy. I don't like some guy reading as fast as he can, Ken McElroy reads it as if he's sitting next to you telling you face to face. While some of the phrases sound a bit corny or even fake, "Now we don't want any surprises do we?", I think it gives his reading a bit of charm. <br /> <br />Overall, not the only book you need but definitely one of the best I've seen. Great job Ken! Now if only the original Rich Dad series was this good! ;) Review by Michael for Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss
Rating:
First, I was a bit skeptical because although I really liked the Rich Dad series, I thought it was extremely light in the “how” department. Everything he said made sense, but how do I do it? Well the ABC’s of Real Estate Investing will take it to the next step and tell you how.

I listened to the audio book version but I’m sure I’ll buy the regular book as well because there is just so much information in this book, especially the checklists. Ok, so why is this book great? Because it’s written by someone who actually did all this stuff and is successful. He uses real examples from properties he’s owned in the Phoenix area. I lived in this area for 9 years, and I can say everything he said about it made a lot of sense. You don’t need to be from Phoenix, I’m just saying that I think the author really knows his stuff.

ATTENTION! Here is a one thing you may or may not like (judging from other reviews): This book uses multi-family (apartment buildings) in all the examples. They cost millions. So although on one hand he makes it sound easy enough that I could do it, I’m not comfortable going after a two million dollar property for my first one! HOWEVER, I think everything he said would apply to an individual family home as well. This didn’t bother me at all, and if I ever get a chance at a multi-family unit I’ll have more confidence to do it.

If you listen to the audio book, the author reads it himself. Something I really enjoy. I don’t like some guy reading as fast as he can, Ken McElroy reads it as if he’s sitting next to you telling you face to face. While some of the phrases sound a bit corny or even fake, “Now we don’t want any surprises do we?”, I think it gives his reading a bit of charm.

Overall, not the only book you need but definitely one of the best I’ve seen. Great job Ken! Now if only the original Rich Dad series was this good! ;)

]]> Comment on Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss by Chuck Kimbriel http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/comment-page-1/#comment-2001 Chuck Kimbriel Thu, 22 Jul 2010 10:41:13 +0000 http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/#comment-2001 <i>Review by Chuck Kimbriel for <a href="http://www.amazon.com/Rich-Dads-Advisors%C2%AE-Investing-Investors/dp/B001Q3M5XU%3FSubscriptionId%3D0E7Q4YYNZ3P7RFWVQZG2%26tag%3Dcuestionl-20%26linkCode%3Dxm2%26camp%3D2025%26creative%3D165953%26creativeASIN%3DB001Q3M5XU" rel="nofollow">Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss</a></i> <b>Rating: <img src="http://www.nevadaretirementplanners.com/wp-content/plugins/WPRobot3/images/5.png" ></b> What I like most about the Rich Dad Advisor series is the lack of fluff and that the information is from actual experienced real estate investors like Ken McElroy. Many people who write books and/or conduct seminars have little if any in the trenches real life real estate investing experience. <br /> <br />What makes this program different are a number of things. McElroy shows how to calculate the right price for your property. He explains how to use comps and how to avoid the wrong properties. <br /> <br />McElroy goes into the mathematics of real estate investing more so than any other author. <br /> <br />The ABC's of Real Estate Investing mades a great addition to Real Estate Riches. In concert, these programs will help you achieve financial freedom via real estate. <br /> <br /> <br /> Review by Chuck Kimbriel for Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss
Rating:
What I like most about the Rich Dad Advisor series is the lack of fluff and that the information is from actual experienced real estate investors like Ken McElroy. Many people who write books and/or conduct seminars have little if any in the trenches real life real estate investing experience.

What makes this program different are a number of things. McElroy shows how to calculate the right price for your property. He explains how to use comps and how to avoid the wrong properties.

McElroy goes into the mathematics of real estate investing more so than any other author.

The ABC’s of Real Estate Investing mades a great addition to Real Estate Riches. In concert, these programs will help you achieve financial freedom via real estate.

]]> Comment on Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss by Coach 62 http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/comment-page-1/#comment-1999 Coach 62 Thu, 22 Jul 2010 10:01:31 +0000 http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/#comment-1999 <i>Review by Coach 62 for <a href="http://www.amazon.com/Rich-Dads-Advisors%C2%AE-Investing-Investors/dp/B001Q3M5XU%3FSubscriptionId%3D0E7Q4YYNZ3P7RFWVQZG2%26tag%3Dcuestionl-20%26linkCode%3Dxm2%26camp%3D2025%26creative%3D165953%26creativeASIN%3DB001Q3M5XU" rel="nofollow">Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss</a></i> <b>Rating: <img src="http://www.nevadaretirementplanners.com/wp-content/plugins/WPRobot3/images/5.png" ></b> I have been investing in RE for over 20 years and I have read a lot of books. This one is the best so far and I would say it is a must read. <br /> <br />This book is not a Carlton Sheets (et al) get rich quick balogna book. This is a book for serious RE investors. <br /> <br />If you want to flip properties, this book is not for you. If you want to buy and hold properties, this is by far the best book I have ever read. <br /> <br />The most value of this book is how to properly assess value of a property. Assessing the value of a property is probably the most difficult thing. Not only does he teach you how to do this, he teaches you how to see through the sellers inflated balance sheets and possible misleading Realtor statements. <br /> <br />Also of tremendous value is how to properly manage properties for maximum cashflow. I had no idea I had so much to learn in this area. <br /> <br />What more can I say? Just get the book. I got the audio book and I listened to it at least 4 times. Review by Coach 62 for Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss
Rating:
I have been investing in RE for over 20 years and I have read a lot of books. This one is the best so far and I would say it is a must read.

This book is not a Carlton Sheets (et al) get rich quick balogna book. This is a book for serious RE investors.

If you want to flip properties, this book is not for you. If you want to buy and hold properties, this is by far the best book I have ever read.

The most value of this book is how to properly assess value of a property. Assessing the value of a property is probably the most difficult thing. Not only does he teach you how to do this, he teaches you how to see through the sellers inflated balance sheets and possible misleading Realtor statements.

Also of tremendous value is how to properly manage properties for maximum cashflow. I had no idea I had so much to learn in this area.

What more can I say? Just get the book. I got the audio book and I listened to it at least 4 times.

]]> Comment on Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss by Richie Rich http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/comment-page-1/#comment-1997 Richie Rich Thu, 22 Jul 2010 09:02:32 +0000 http://www.nevadaretirementplanners.com/2010/07/22/rich-dads-advisors%c2%ae-the-abcs-of-real-estate-investing-the-secrets-of-finding-hidden-profits-most-investors-miss/#comment-1997 <i>Review by Richie Rich for <a href="http://www.amazon.com/Rich-Dads-Advisors%C2%AE-Investing-Investors/dp/B001Q3M5XU%3FSubscriptionId%3D0E7Q4YYNZ3P7RFWVQZG2%26tag%3Dcuestionl-20%26linkCode%3Dxm2%26camp%3D2025%26creative%3D165953%26creativeASIN%3DB001Q3M5XU" rel="nofollow">Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss</a></i> <b>Rating: <img src="http://www.nevadaretirementplanners.com/wp-content/plugins/WPRobot3/images/5.png" ></b> My expectations were low at first. I've heard so many people bashing GURUs on the subject of investing in RE and thought I'd hear the same advice. I couldn't have been more WRONG! <br /> <br />Ken McElroy, takes the time to explain all the tools you will need in order to be successful in RE investing. The thing I found most helpful is the end of the chapter To Do List. Have you ever read a chapter and moved on to the next chapter without an action plan...Not in this book! <br /> <br />McElroy talks about the things that made him a success as well as a recommended path for you to be successful. He doesn't cover flipping properties. When he does mention Flipping Properties, he advises against it. <br /> <br />I would recommend this book to the beginner and intermediate investor. For 2 reasons, this book will move you into the doing stage of your investing career with its action plan. Secondly, there is no fluff here. He gives you fact after fact. Review by Richie Rich for Rich Dad’s Advisors®: The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss
Rating:
My expectations were low at first. I’ve heard so many people bashing GURUs on the subject of investing in RE and thought I’d hear the same advice. I couldn’t have been more WRONG!

Ken McElroy, takes the time to explain all the tools you will need in order to be successful in RE investing. The thing I found most helpful is the end of the chapter To Do List. Have you ever read a chapter and moved on to the next chapter without an action plan…Not in this book!

McElroy talks about the things that made him a success as well as a recommended path for you to be successful. He doesn’t cover flipping properties. When he does mention Flipping Properties, he advises against it.

I would recommend this book to the beginner and intermediate investor. For 2 reasons, this book will move you into the doing stage of your investing career with its action plan. Secondly, there is no fluff here. He gives you fact after fact.

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