Full description not available
D**W
No real content, no help to starting an investment business, clunky prose
Vague and generic advice which doesn't lay out what is actually needed to invest in real estate. A case study approach would have been better to really show someone how to get into this area of investing but unfortunately I don't think the author has any actual experience in real estate to share.As the recent Global Financial Crisis showed, putting your money in real estate can be dangerous and the author doesn't talk about any of the problems of this type of investment instead saying things like "the investment is safe from inflation" and "the prices of real estate are always going up". This is not true. And he also says that the rental income will cover the mortgage payments and leave you some money over and this is not always true. You can be stuck with rents that are less than the mortgage repayments so you have to make up the difference from your other income and your asset can decline in value after you purchase it. If that happens, you will still owe the bank all the money for an asset that is now worth a lot less than the cost of the loan leaving you at best out of pocket and at worst bankrupt.Not worth it.
J**E
Informative book
This book was very usefull to me.This guide was very excellent and informative book.Mark Williams was explained good things about real estate. It is highly recommended.
J**S
For the Absolute Beginner
This book is for the absolute beginner that knows absolutely nothing about real estate. The title should not be how to make your first million but more so how to dip your toes in the world of real estate. His Flipping houses book was a little bit better but also very introductory.
A**R
Great read for beginners!
Loaded with great information! An easy read, especially for us beginners! Covers everything from beginning to end. Very useful information!
D**W
No real content, no help to starting an investment business, clunky prose
Vague and generic advice which doesn't lay out what is actually needed to invest in real estate. A case study approach would have been better to really show someone how to get into this area of investing but unfortunately I don't think the author has any actual experience in real estate to share.As the recent Global Financial Crisis showed, putting your money in real estate can be dangerous and the author doesn't talk about any of the problems of this type of investment instead saying things like "the investment is safe from inflation" and "the prices of real estate are always going up". This is not true. And he also says that the rental income will cover the mortgage payments and leave you some money over and this is not always true. You can be stuck with rents that are less than the mortgage repayments so you have to make up the difference from your other income and your asset can decline in value after you purchase it. If that happens, you will still owe the bank all the money for an asset that is now worth a lot less than the cost of the loan leaving you at best out of pocket and at worst bankrupt.Not worth it.
Trustpilot
2 weeks ago
4 days ago