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Rating: 
Summary: The perfect first step for the beginning paper investor
Review: Before attempting to purchase mortgage, car, cattle, or mobil home mortgages or liens an hour spent with the philosophy and wisdom of Jimmy Napier will pay off in spades... the best first step you can make I fully recommend Jimmys book
Rating:
Summary: A Great Introduction To Buying Paper
Review: I REALLY liked this book. Jimmy Napier's "Invest In Debt" is one of the best books to add to your library if you are at all interested in buying paper. In fact, it probably should be the first book you buy if you are intrigued by the possibility of making money buying mortgages, notes, deeds of trusts, mobile home paper, etc. Among those who are knowledgeable in this field, this little book has become somewhat of an underground classic.Jimmy writes in a very "folksy" down to earth style. Not only is this book easy to read, but it opens up your mind to new ways of looking at money and the miracle of compound interest. I went to 19 years of school and was never taught the financial concepts that this book teaches. Once you grasp the simple ideas that are conveyed in this book, you should be on the road to dramatically improving your financial position in life. After you read and digest what Jimmy says, you can then look for some of the more advanced material regarding making money with paper. The concepts taught by Jimmy are fundamental to many other books and courses that you can find. I used some of Jimmy's concepts to make money with a few older mobile homes. In a year I had turned $200 into about $9000. Not too bad. If I can do it, anyone can. I highly recommend this book.
Rating:
Summary: Great Book On Real Estate Paper!
Review: If you want more money, GET THIS BOOK! "Cousin Jimmy" will open your eyes to the power of "The Time Value Of Money" like no one else. I've heard some people put Jimmy down for his easy folksy style of writing and speaking, but I find it to be an asset. He gets his points across to the reader in a way that wakes up your financial genius without confusing the reader with complicated formulas or boring, useless esoteric theories that would never apply in this universe. Jimmy has done everything he writes about, and he has been very successful at making money, and also in teaching others to do so. You will learn how to use a financial calculator to really understand income streams, how to compute note payments under various combinations of term, interest rates, payment amounts, future value, balloons, and present value. You will understand how to purchase notes for a profit, how to restructure these notes to improve their present value, and how to use these instruments to create a cash flow, or to use them as currency to acquire properties. These properties can then be used to create your own notes to continue the process. And this is only the beginning. The return on your capital can be outrageous! Your stock market friends will envy and hate you. Your enemies will fear and respect you. Women will want you. Life will be good! But even if you are not really interested in real estate notes and mortgages, the financial advice and principles that you will learn in this book will serve you well in Life. Much like "Rich Dad, Poor Dad", Jim Napier will impart sound guidance to the reader about money and finance that will be good for your financial health. This advice has made a tremendous difference in my investing and my business, and I know that you should not go through another day of your life without understanding the things that you will learn from this book about money and human behavior. You owe it to yourself and your family. Don't continue to make expensive mistakes with your money that will cost you your future financial security, simply because you already think you are sooo smart. Don't be too cheap to buy this book and read it. Don't be like most people who, after working for a lifetime, cannot retire without drastically reducing their lifestyle and depending upon the charity of their family for support. What will it really cost you if you do not understand the contents of this book? How might your family benefit if you do?
Rating:
Summary: Great Book On Real Estate Paper!
Review: If you want more money, GET THIS BOOK! "Cousin Jimmy" will open your eyes to the power of "The Time Value Of Money" like no one else. I've heard some people put Jimmy down for his easy folksy style of writing and speaking, but I find it to be an asset. He gets his points across to the reader in a way that wakes up your financial genius without confusing the reader with complicated formulas or boring, useless esoteric theories that would never apply in this universe. Jimmy has done everything he writes about, and he has been very successful at making money, and also in teaching others to do so. You will learn how to use a financial calculator to really understand income streams, how to compute note payments under various combinations of term, interest rates, payment amounts, future value, balloons, and present value. You will understand how to purchase notes for a profit, how to restructure these notes to improve their present value, and how to use these instruments to create a cash flow, or to use them as currency to acquire properties. These properties can then be used to create your own notes to continue the process. And this is only the beginning. The return on your capital can be outrageous! Your stock market friends will envy and hate you. Your enemies will fear and respect you. Women will want you. Life will be good! But even if you are not really interested in real estate notes and mortgages, the financial advice and principles that you will learn in this book will serve you well in Life. Much like "Rich Dad, Poor Dad", Jim Napier will impart sound guidance to the reader about money and finance that will be good for your financial health. This advice has made a tremendous difference in my investing and my business, and I know that you should not go through another day of your life without understanding the things that you will learn from this book about money and human behavior. You owe it to yourself and your family. Don't continue to make expensive mistakes with your money that will cost you your future financial security, simply because you already think you are sooo smart. Don't be too cheap to buy this book and read it. Don't be like most people who, after working for a lifetime, cannot retire without drastically reducing their lifestyle and depending upon the charity of their family for support. What will it really cost you if you do not understand the contents of this book? How might your family benefit if you do?
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