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Rich Dad Advisor's Series:Abr Real Estate Riches

Rich Dad Advisor's Series:Abr Real Estate Riches

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Product Info Reviews

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Rating: 5 stars
Summary: It's working for me
Review: I'me new to real estate investing and I found this book very helpful. In particular, I enjoyed the sections on investing, financing and taxes.

If you want to invvest successfully in real estate, I highly recommend this book.

In fact, I wouldn't invest without it!

Rating: 5 stars
Summary: In my opinion ( a great book)
Review: I have read many real estate books and found most say pretty much the same thing. This book by Dolf DeRoos is different.

You won't find 1,000+ pages of worthless drivel like some financial books, just meaty, powerful stuff that really works.

You'll want to add this one to your must read list. Great book.

Rating: 5 stars
Summary: Want $25,000 Income Per Month?
Review: My wife bought the book for me as a Christmas gift in 2002. Wow! This is by far the best book I've read on how to build wealth using real estate. Dolf clearly explains how buying property is one of the most common wealth building tools used by the rich and famous. Quick question. Do ya think Donald Trump makes billions of dollars working for someone else? No! It's from owning real estate. Lot's of real estate that has appreciated over time. On a personal note, because of this book, real estate has started to provide me a with a steady monthly pay check for the rest of my life. In today's world, no JOB can offer that.

In the spring of 2003 I refinanced an existing property for over $37,500 and reinvested it into two multi family homes. I never thought of my equity as tax free investment capital. Each home has a positive cash flow of over six hundred dollars per month. After property management fees, I net over nine hundred dollars per month. I plan on buying twenty eight more properties within the next ten years using what I learned from this book. My goal is to earn over $25,000 per month in positive cash flow from my business. As Dolf points out, owing properties should be treated as a business if you want to succeed. To my ears, that's good sound advice.

My only criticism of Real Estate Riches is that Mr. De Roos spends the first third of the book trying to convince the reader that real estate is the BEST investment of All Time.
Personally, I still enjoy selling call options on stocks and profiting handsomely in an up or down stock market. I will say that adding real estate to my over all investment portfolio is one of the best things I have ever done.

If you enjoy living pay check to pay check DON'T order this book. However, if you're seriously looking for a way to make a better life for yourself and your family, this book is a must have!

Rating: 5 stars
Summary: The #1 Millionaire Developer: REAL ESTATE
Review: As Andrew Carnegie said over 100 years ago; "More money has been made in real estate than in all industrial investments combined."I strongly suspect that the 1 star reviewers are stock market players concerned that this book will pull more investors from stocks into real estate.I'm a player in both stocks and real estate. My strategies in the stock market are very aggressive similiar to what the author teache in this book on real estate: high leverage with options and margin accounts, covered calls and dividend capturing for income and sect 29 tax credits to lower taxes. Real Estate Riches is a good little book. It explains the why, but not the how (I suspect there will be a followup book) but don't let that deter you from buying and reading this great book. It is packed with powerful information.For more on the how, I recommend Real Estate Money Machine.Finally, the indvidual that wrote that real estate is traditionally a lousy investment clearly does not know what he is talking about. REAL ESTATE IS A GREAT INVESTMENT.

Rating: 5 stars
Summary: If you don't know why, the how doesn't matter.
Review: I love these reviewers trying to bash Real Estate Riches, Mr. Kiyosaki, Dolf de Roos and other authors in the Rich Dad series. I have a millionaire friend named Marty. He made his fortune via real estate and business. Not coincidently, he practices the same techniques advised in the Rich Dad books. The system works folks.My friend Marty also butchers up the english language. When we go to the gym for example, he'll say "Lets go on the Threadmill (he means Treadmil)" Or after a workout he'll say "Lets get a boddle (he means bottle) of ice tea" He warns his salespeople not to make "misreputations" (he means misrepresentations). And when he calls for his sales people to get together, he'ss say."We're having a meetin (instead of meeting) tonight"This guy butchers up the English language is a Grammar and English teachers nightmare. But he is worth several million and is highly successful.His spelling is equally horrific and he frequently says that anybod wh has only one way to spell a word is not very original. He laughs all the way to the bank...There are plenty of other goods with excellent grammar and perfect spelling, but alas, I prefer a book written by people who are actually in the trenches makng real estate deals, er, like Kiyosaki, de Roos, Robert Allen, Wade Cook or my friend Marty in lieu of people who just write about it but have yet to make their first deal.Good book Mr. Kiyosaki and Mr. de Roos.

Rating: 5 stars
Summary: Don't waste your money on those other R.E books
Review: There are many books on real estate investing. Unfortunately, many are written by writers only and many others are merely re gurgitated information from other books.

What makes Real Estate Riches different is that it is

1) Written by a real investor
2) Written by a successful investor
3) Offers Rich Dad's unique ideas

And that is why there are so many five star reviewers here. Great book. It worked for me.

Rating: 5 stars
Summary: Very good real estate book
Review: I really don't understand the 1 star reviews regarding this excellent book. Makes me wonder if this reviewer just has a personal issue with RTK and his people. I have yet to read any articulate comments---just wrathing, anger and outrage. Sort of like listening to democrat hopefuls.

That being said, I found Real Estate Riches a excellent real estate book. There is technical information in this book. No it is not a large book, I believe that Dolf wanted this book to be different and left out information that is already in other books. Why repeat it here? I think RTK and Dolf were smart in sticking with this format.

As an experienced investor, I am looking for new information, not just the same information that has already been covered in a dozen or so books.

This book is excellent. If you fail to see the value of Real Estate Riches, then you probably won't see the value in real estate investing either.

Good book. Highly recommended. Thank you Dolf and RTK. Looking forward to your next foray.

Rating: 5 stars
Summary: The #1 Millionaire Developer: REAL ESTATE
Review: As Andrew Carnegie said over 100 years ago; "More money has been made in real estate than in all industrial investments combined."I strongly suspect that the 1 star reviewers are stock market players concerned that this book will pull more investors from stocks into real estate.I'm a player in both stocks and real estate. My strategies in the stock market are very aggressive similiar to what the author teache in this book on real estate: high leverage with options and margin accounts, covered calls and dividend capturing for income and sect 29 tax credits to lower taxes. Real Estate Riches is a good little book. It explains the why, but not the how (I suspect there will be a followup book) but don't let that deter you from buying and reading this great book. It is packed with powerful information.For more on the how, I recommend Real Estate Money Machine.Finally, the indvidual that wrote that real estate is traditionally a lousy investment clearly does not know what he is talking about. REAL ESTATE IS A GREAT INVESTMENT.

Rating: 5 stars
Summary: Good real estate book
Review: Dolf has written an excellent why to and how to real estate book. What appealed to me that this book is different from every other real estate book out there and it is written by someone who has actually done it. A real, Real Estate investor.

Rating: 3 stars
Summary: Some good insights but not all-in-one
Review: This is a decent book if you're starting out. Dolf makes it sound easy but why wouldn't he? It's easy for him because he's practiced and gotten good at it. If you don't know how to program in Java, it would be hard, woudln't it? If you learn and practice, it'll get easier.

The book isn't a "how to" book nor can it be. Pick a subject like computers, pretty complex and experienced-based, could you write one book and everyone would just "get it." Of course not.

There are lots of things to watch out in real estate investing, as with anything in life. Read this book, get some new ideas, educate yourself more, start shopping around. Find a mentor who is successful in real estate investing (an uncle with one property isn't an expert so find someone else) and start learning by doing.

So many reviewers criticize books like this because they sound like "get rich quick" but in reality they aren't about getting rich quick. It makes me think people are frustrated that it _does_ take time. Did Bill Gates make his $54B in one year? No.

Another reviewer mentioned that properties don't always appreciate. Not _every_ property does but that's why you do your homework first. Look at comparable properties in the area - look at city/town improvement projects - etc. Look at the numbers for yourself - the U.S. real estate market has increased every year.


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