The Real Estate Recipe: Make Millions by Buying Small Apartment Properties in Your Spare Time (Nuts & Bolts Series)

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Summary: Buying this book is the best investment I've ever made
Review: As a retailer in Aspen Colorado I've met many high net-worth individuals, a good percentage of which, I've discovered, have made their money in real estate. I've always been tempted to get involved in this form of investment, but didn't know how to begin. "The Real Estate Recipe" gives you an easy to understand formula to get started. Using simple language and practical examples, this book teaches you all the fundamentals necessary to buy, finance, and manage residential real estate; and thereby gain financial independence.


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Summary: A pragmatic approach for achieving financial independence
Review: As a successful part-time real estate investor, I've always been amused by the "get rich quick" real estate seminars and books that only seem to make their creators wealthy. Last month I was given a copy of this book, which I assumed fell into the above category, and reluctantly agreed to read it. Well, I was wrong. Mr. Friedman provides the reader with all the tools to evaluate, purchase, and operate smaller residential properties in a systematic way. You won't become Donald Trump overnight, but if you follow his methodology, you will achieve a measure of financial independence that good real estate investors enjoy.

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Summary: BEST REAL ESTATE INVESTMENT BOOK EVER
Review: I've met many people who have made small fortunes in real estate, but I've never had the guts to take the plunge myself. Reading this book is the next best thing to having a real estate tycoon volunteer to be your mentor, holding your hand through every step of the process. The book is exceptionally well written in clear, easy-to-understand terms with a step-by-step approach to getting started in real estate investing. The book is filled with real and hypothetical examples to illustrate every step of the process, plus worksheets, checklists, and tables to help the reader locate, purchase, and manage their own property. No, I haven't quit my job yet, but now I can see that it's possible. My advice - BUY THIS BOOK!

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Summary: Waste of money
Review: This book is a total waste of money. It is comprised of just one "hypothetical" case study spread out over 20 chapters. Save your money and buy the cheaper "The Complete Guide To Buying And Selling Apartment Buildings" by Steve Berges or Making Money With Small Income Properties" by Gary Eldred. Both are far better and more comprehensive books.

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Summary: Great reference book for real estate investors
Review: This is book is the real reference guide for the real estate investor interested in small appartment properties. It is surprising that a fellow reader found the book to be lacking hypothetical examples. It does not need hypothetical examples because this is a real guide for investing. No waste of time - just right to the point. Study the strategy, buy some appartments, and make some money. Good job!