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Parts of this book pissed me off. A lot of baby boomers, in the old economy, talking about how smart and savvy they were when they made it big.I nearly threw the book, reading the gem about the guy who was "so savvy" that he bought his first investment property with money he saved from a part time job.Sorry guys, but it just doesn't work that way any more, perhaps you were smart and savvy, but you were also operating in a completely different world: a world where you could work your way through
Mostly beginners stuff.A lot of "self-help" stuff that doesn't relate directly to real estate, but obviously it's part of the gimmick.It's like the "intelligent investor" but for real estate. I didn't like the intelligent investor, neither this book.I'd love more details about which locations are good or not, which materials are good or not, furniture, etc... Overall I highly recommend it if you don't know anything about investing and business in general. If you are an expert I'd skip it tough.....
This book is a great introduction to real estate investing as well as a great method to help build a successful career in this field.
A great intro to real estate investing.
In a bull market, everyone seems like a genius. Though the advice contained in this book is, in general, sound, following it will lead the average American on a sure path to misery. That is probably why the first section—almost 100 pages—is a rambling pep talk with about as much relevance to real estate as real analysis. The book fails because it does not do enough to explain the harsh realities of real estate investing.The market might trend upward, but a "buy and hold" investment made at the w...
I have read over 30 real estate books, and I think this is one of the best. It gives a good roadmap to the journey of real estate investing.
Slow starter, but I've gained a great amount of knowledge from this book. It gets more interesting at the end. I definitely will be reading this book again. Note to self: The Millionaire Real Estate Investor - think a million buy a million own a million and receive a million. Financial rich stops when you stop working. Financially wealthy is when you make money when you don't work. If you double your time, money and ability - you 8 fold your current investment potential! Buy Books and seminars.
"Buy a million, own a million, earn a million"Gary Keller discusses the the power of Real Estate investing and how it can transform anybody who has enough grit and determination into a real estate millionaire. The journey won't be easy, but it sure as hell will be rewarding. -Buy RE 20% off true value (built in deal)-2 main strategies are buy/hold (creates wealth) and buy/sell (creates cash)-Emphasis is on building a team which has your back, contractors, lead generators, attorney, accountant, r...
Talks a lot about mindset and breaks everything down to seem really easy, kinda wanted more detail though. Enjoyed how they used real life examples.
Best Book on Real Estate Investing that I have read. Gary Keller is an excellent writer. He describes several strategies on real estate investing and creates a cohesive and detailed account. It will inspire you to start investing! Wealthy people pay themselves first and invest in assets (anything that puts money in your pocket each month). Even if you are saving money each month to eventually buy an asset you are headed in the right direction. It you only owned 4 rental properties (debt free), y...
My Review:Reading this book is like experiencing a few years of hands on real estate tactics all in one sitting. It is the one I recommend to people who are looking to get into real estate investing. It's one of those books I wish I had before I got into the game. It offers lots of great advice for beginners and exonerates what I learned while playing the real estate game.What I remember (Spoilers):The book is divided into three main parts.Part 1:Addresses the most important aspect of the game o...
My thesis is that money skills are not thought at school, and if you don’t come from a wealthy family, your parents don’t have the skills to share in order to get change your thinking about finance, how to create passive income and change your mindset from a consumer to an investor and reflect about financial independence. Gary does. And it does in a very professional way. Gary is also the author of The One Thing, and his style is simple, and straight to the point. Gary is a pro real estate inve...
#12/2020Rating: 4/5Title: The Millionaire Real Estate Investor- G. Keller I acquainted with Gary Keller by the book "One thing" only then I research him, and it turned out that he earned his wealth on properties. I was always curious to understand more how this marker works, so it was an excellent chance to read this. What I've learned: • Anyone can do it- not everyone will. • The key is to learn how people achieved their goals and then understand why they did it that way. When you grasp these t...
Not sure how much of the info in this book will be a take away for me personally. As predicted, the book like many real estate investing books seems to promote highly leveraged positions on holdings and seems to negate the risk of assuming all of this debt with the assumption of purchasing the property at a severe discount. I did like that the author clearly did a ton of research with actual investors (including himself) that are in the trenches and know the nuts and bolts of making money in rea...
*Required reading*Financial independence is what most people call retirement. That is finally having the resources to live without working. The reality is that most people today reach retirement age without those resources in place. There are no more golden parachutes, no more pensions, and social security is a bigger oxymoron than the term military intelligence.People must realize that retirement is an individual matter. It cannot be left to fate or to chance. It must be planned for and worked
When I saw this book I thought it was just a book that teach you the basis and the technical of real state investment but the more I read the more I got surprise. This book teaches you not only the investment techniques of real state but also gives you the mindset of how a real investor needs to be. Everyone can increase his wealth if he acts like an investor and this book teaches you how to be an investor. After teaching you the principles of wealth accumulation, the flow of money, and the mind...
"The key to having money is wanting it & knowing why you want it"
My Mind MapCheck this linkVery, very good book about investing in real estate. It gives you a perspective on what is possible and shows you the strategies for your future investments. It is an easy read, but I don’t recommend to listen to the audio version because it has a lot of numbers and charts.The first part of the book is identical to the first part of The Millionaire Real Estate Agent where he talks about mindsets and attitudes that successful investors have. It is the same content as you...
Its too positive and filled with too many platitudes. Written by and for people who were investing prior to the housing crash where people thought and acted like there was no limit to the housing market. Despite that, there is a lot of good advice in the middle part of the book about how to make sound choices and to plan ahead. One of the most useful things in the book isn't even purely about real estate investment, but rather a critique of the way people use their money and finance their curren...
Being the first true book I've read on real estate investing, I am excited to continue in my education. Along with this book I've been watching a fair bit of videos on the subject and am ecstatic to learn more. Growing up, I watched my Dad own a single rental property next to my grandparents' that both allowed my sister and me to go to college and offered some financial peace-of-mind to my parents. Having seen it in-action, I feel confident moving forward, to even greater depths, to invest in my...