Rating: Summary: Excellent and Easy to Understand Review: I am just starting in real estate investment and have read a few books. This book is by far the most detailed and informative of the bunch. Only wish Mr. Myers had more good info on areas such as wholesaling. Hopefully, he will see this review and do some more writing....but that doesn't take away from this excellent book!
Rating: Summary: Great book Review: I found Myers to be insightful and helpful. As I am currently rehabing a home, I needed some tips and advice on everything from how to refinish a bathroom to financing. This book has it all.
Rating: Summary: South African Teacher Review: I have just completed reading Kevin Myers book for the 3rd time. This is a book that empowers you with knowledge on "How to Run a Rehab Business" the only thing that is left to you is to APPLY the knowledge!I knew nothing on this subject but a year since I first read this book I bought, rehab & sold 2 Properties and made R150 000 profit - which is a lot of money in South Africa. Read this book - my success story is incoporated in Kevin's next edition. Yours could be the next. Pieter at pieterdb@iafrica.com
Rating: Summary: Best book on rehab I have read. Review: I have read a number of books on rehab and distressed property and this book puts them all to shame. Most other books are full of general information. This book gets specific about what you need to do and how to do it. I have rehabbed in the past, and after reading this book I feel I am back up to speed with the process and procedures. This book is not meant for the "cosmetic" fixup. This book is geared towards rehabbers who will take on bigger and tougher projects and will use contractors and handy men to get the job done. I highly recommend this great book.
Rating: Summary: Good deal for $13.97! Review: I just got done reading this book and learned a lot from it. Though I have yet to purchase a home, the buy-fix-sell strategy advocated in this book seems to be the way to go as compared to the buy-[fix]-rent-[sell] strategy in "Investing in Real Estate, Fourth Edition," (the other real estate investing book I bought along with this one). This book was easy to read and was not unnecessarily complicated. The author seems to be writing from experience and offers many practical insights. I feel that the one major drawback of this book was that it does not cover seller financing in enough detail, therefore it's not possible for me to apply seller financing techniques without getting assistance from another source. For that reason I'm only giving the book 4 stars. For $13.97, this book is definitely worth it! On a related note, I'm more than ½ way done reading "Investing in Real Estate, Fourth Edition" and I would suggest that a beginner to real estate NOT read it. It uses too many uncommon terms that are not predefined. And worse off it doesn't even offer a glossary. Also, one of the authors is a PhD, so I guess he likes to throw a lot of formulas around. Even though they are simple formulas, I think it's just totally unnecessary to use them so often. I actually started reading this book first, then got tired of it and started reading "Buy It, Fix It, Sell It: PROFIT!." What a difference in writing styles! I'm going to eventually finish this book just to broaden my knowledge, though so far I feel that the buy-[fix]-rent-[sell] strategy in this book has too many liabilities for what it's worth.
Rating: Summary: very good book Review: i liked this book so much im reading it again...just in case i missed something. very easy read. i recommend it if you are just starting out.
Rating: Summary: Outstanding subject matter, and perfect timing of events. Review: I love the way Kevin starts at the beging of the investment project and holds your hand through the entire process. I was inspired to start investing the moment I put the book down.
Rating: Summary: Beginners: this is your book. Review: I read "Flipping Properties" by William Bronchik and Robert Dahlstrom and I wish I hadn't even read it, let alone bought it. This book by Kevin Meyers is much, much, much better for beginning investors. It tells you what you need to know without delving into a bunch of pretentious real estate legal and technical jargon that's only designed to confuse and intimidate the reader like Bronchik and Dahlstrom's book. Also, this writer actually knows how to write linear paragraphs which is something those other two clowns could really use a lesson in. I highly recommend this book for the beginner who wants to generate some instant cash profits in real estate. If you read Bronchik and Dahlstrom's book and you don't know much about real estate, you're gonna get to the end of it thinking "I'll never be able to do this." Instead, read this book by Meyers. It's better, it's written better, it's more readable, it's more comprehendible, it's everything that other piece o' crap isn't. Get it.
Rating: Summary: Beginners: this is your book. Review: I read "Flipping Properties" by William Bronchik and Robert Dahlstrom and I wish I hadn't even read it, let alone bought it. This book by Kevin Meyers is much, much, much better for beginning investors. It tells you what you need to know without delving into a bunch of pretentious real estate legal and technical jargon that's only designed to confuse and intimidate the reader like Bronchik and Dahlstrom's book. Also, this writer actually knows how to write linear paragraphs which is something those other two clowns could really use a lesson in. I highly recommend this book for the beginner who wants to generate some instant cash profits in real estate. If you read Bronchik and Dahlstrom's book and you don't know much about real estate, you're gonna get to the end of it thinking "I'll never be able to do this." Instead, read this book by Meyers. It's better, it's written better, it's more readable, it's more comprehendible, it's everything that other piece o' crap isn't. Get it.
Rating: Summary: Another 6 stars - I highly recommend this book! Review: I read and wrote a review of the first edition, which I thought was an absolutely incredible book. I didn't think it could be done better...I was wrong. Kevin knocks another one out of the ball park with this edition. He still has the fantastic formula in the book for figuring out how much you should pay for a property, but he has added to it and made it even more clear then the first edition. This formula is literally worth its weight in gold to a beginner. Second he adds an entire chapter on dealing with environmental problems like mold, lead, radon, and abestos. These are critical pieces of information a real estate entrepreneur needs to know, especially the mold issue. He adds a whole bunch of new information on prospecting for deals and how to locate properties that is even better then his first edition (which was already good). He discusses how to hire and manage contractors and handyman workers. How to develop contracts and manage the overall project. This chapter is packed with great info like making sure the General Contractor pays the sub contractors and getting him to sign a release of lien so you don't get mechanics liens on the property. He also fully (and I do mean fully) discusses financing. This includes seller financing and hard money lenders. How to structure the deals, where to look for money, what kinds of problems you may run into etc. This book is a complete course and includes ALL the information you will need to get into the real estate rehab business. Kevin doesn't leave anything out and there is nothing vague about his information, it is detailed, accurate, and complete. Invest in this book before buying any other book or course in real estate. If you you are at all interested in real estate investing, specially rehab and selling, then get this book it is worth every penny.
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