Rating:  Summary: Not enough meat Review: I think the other reviewer's have said all that needs to be said about this book, there's just not enough meat. Robert's first 3 books were great and it made him very rich as well. It's not surprising that more "Rich Dad" books are being published since they have been very successful. Books like this one was published just to make money, not to educate anyone. All they did was include a bunch of balony information and stuck the "Rich Dad" label on it. Not very reliable.
Rating:  Summary: Max marketing, mini return on investment Review: Dolf De Roos markets the concept of Real estate well but unfortunately has little more to offer the reader. He shares simple ideas using examples from New Zealand..(one of very few countries not to have capital gains tax on properties)which are interesting but may seem impractical. There are other books by De Roos on Real Estate investing which are more informative and a lot more hands on than this one. The book is still worth a read;just don't expect to retire young or retire rich from the information.
Rating:  Summary: Great if you wonder why anybody would invest in real estate Review: My family, when I was a kid, never had any money so I had to learn about investment from scratch. I learnt about shares, bonds, businesses... Being culturally still German (despite 20 years in Australia) I didn't have any interest in owning my own home and even less interest in real estate. What was the point of low percentage returns and lots of management hassles? This book shows very well why real estate - done rightly - is a great investment with a very, very nice IRR (Internal Rate of Return). It totally changed my outlook and my wife and I have bought quite a few properties since and we have done very nicely. If you wonder what's the point of real estate, this is THE book.
Rating:  Summary: Helpful book Review: I found this book to be helpful. I have 3 rental properties and am looking into getting more. De Roos' book helps you understand the factors that make for a better rate of return on your real estate investments. I've read a lot of real estate books, this one is pragmatic. I am now considering investing in commercial property. This book addresses going from residential to commercial real estate. DeRoos is a little too bold though when it comes to over-leveraging property. But it's good to see his perspective on mortgages, etc.
Rating:  Summary: Milking Kiyosaki's success Review: I bought this book because I love the Rich Dad book series and found them motivating and enlightening. I expected this book to be of the same quality but it's nowhere close to it. The major problems I have with this book are: 1. Very thin material and information on the subject at hand. There is zero information on how investors can benefit from performing real estate transactions and property management. Dr. de Roos spent the entire book arguing about how profitable real estate investing can be with large leverage ratio. People who buy this book need no convincing. I buy this book already interested in property investing and wanting to know how to do it. There is no "how-to" information whatsoever explained here.2. All arguments are common sense that a 6th grader can figure out. I don't learn anything new or informative. 3. The language tone of the book is not professional, constantly uses excessive words (very, extremely, lots of !! etc.) and exaggerates scenarios. Sounds more like a used car salesman than an experienced professional. He is just milking Kiyosaki's success with another book of the Rich Dad's series. Kiyosaki had better be careful with garbage marketing bombardment. Quality control is not there.
Rating:  Summary: idiots guide to loosing money Review: House prices only go up, so it's ok to buy houses with 10% down and let the tenants pay for your mortgage. If this sounds like a business plan to you i suggest you recalibrate your calculator. Before anybody starts implememting the ideas in this book, I strongly recommend to stop by at REI and buy a tent, so they have a place to stay after the next correction in the housing market.
Rating:  Summary: Good on concepts, but light on details. Review: Since this book is in the Rich Dad series, you have to expect that it's going to recommend that you buy assets that produce income. This book has some really good concepts about investing in income producing Real Estate. But it's really light on details, and I suggest that you keep you HP 10B calculator handy, because some of the mortgage payments he talks about in the book only seem to work out if the payment is interest-only. A good companion book to this one would be the book by Robert Shemin, "Secrets of a Miliionaire Real Estate Investor". Overall it's a good read, I give it 3 stars.
Rating:  Summary: No Comparison! Review: I reviewed this book earlier, and now just want to add this comment: If you really want a thorough comparison of stocks to real estate, you must read Eldred's Value Investing in Real Estate. Eldred succeeds with specifics of why and how. In stark contrast, Real Estate Riches merely throws out glib generalities.
Rating:  Summary: Dangerous Review: Because of the current real-estate boom in many parts of the US, many individuals believe this sector of the economy to be a "can't lose" opportunity. The emphasis is now on using as much leverage as possible, and cashing in on the returns. While Kiyosaki loves it, and it is possible to make money here, real-estate traditionally has been a lousy investment. No matter how you purchase it, real-estate lacks liquidity, flexability, a predictable rate of return, and is subject to many macro-economic factors such as interest rate increases and recessions. Real estate generally appreciates at the rate of inflation (4-5%). You can do better in muni-bonds without any taxes at all! please!
Rating:  Summary: not very helpful Review: The book was not very helpful. I expected more specific information. Author did not touch specifics to American realestate investors investing in America. Many other better books out there. I would not even want to sell mine used to a beginner.
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