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Summary: The name of the game
Review: Peter and David's book gives you a broad overview of some of the creative financing techniques used in RE investing today. The techniques presented REQUIRE motivated sellers and the authors are generous enough to tell you how to go about finding them. Please note that motivated sellers are not a dime a dozen in most markets, but they do exist all over the country. As for the man who says the techniques don't work in the Midwest, my very first call was to a seller in Kansas who accepted an offer using these techniques. Getting deals done is methodical and requires perserverance and practice. Also note that one single book will not be all you need to become an investor in RE, continuous education and hands-on experience are a must. Combine what you learn here with information from others, meet with real investors, talk to real estate attorneys, and then decide for yourself. To the doubters, at the very least do yourself a favor and read about Peter and David's methods for rent-to-owning your current home when you decide to sell it, you WILL earn thousands in profit.
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Summary: Robert Bruss loved the book...
Review: I've been a fan of these guys books since I read their first one two years ago. I've read a ton of other real estate books and think there stuff is quite good. I thought a few of the personal attacks posted were out of line and wanted to say to anyone who is reading a few of the , listen to what Robert Bruss said (I've been reading his syndicated real estate column for four years now.)
He says, "This book contains the best real estate negotiation strategies I've ever read. I wish I had known their techniques when I started investing in real estate... On my scale of one to 10, this outstanding book rates an off-the-chart 12." Then read the few negative reviews with a grain of salt. THe book is worth it if you're into real estate. That's all I wanted to say.
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Summary: Innovative
Review: This book gives you good practical ideas on how to get started in investing in Real Estate. There are some key items left out that you cannot get unless you sign up for their mentor program. For a beginner in Real Estate investing using Lease option purchase agreements it is a lot to chew. An experienced Real Estate investor will be able to apply these concepts immediately. This book is not for the lazy or faint of heart. If your are a first time investor this book will only take you half way to your goal of getting started. The rest is left up to you.
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Summary: Buyer Beware
Review: I have read both of Peter Conti's books and received personal instruction from him at a seminar in Colorado. You will find no useful additional material in his new book. Their techniques only have a slim possibility of working in locations of the country where real estate prices are rising rapidly. The current economy makes this even more difficult to achieve. I live in a area of the Midwest where I didn't make a dime after a year of following Peter's strategy outlined in the book. Watch out for these guys, their techniques and false promises. The book can easily be summed up as follows: Lease options can trigger the "due on sale" clause of the mortgage which can lead to serious complications. You own personal finances including your home could be jeopardized. The reaction of Peter's company to critical book reviews in the past has been to E-Mail former students asking them to post positive responses to bury reviews like this further down in the list. They sent out an E-Mail to their students on July 16 ... notice how 'magically' 18 reviews were posted the same day? Buyer beware. I feel there are much better resources on Amazon than this book.
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Summary: Excellent Techniques for New Investors!
Review: I am a real estate agent, and real estate investor, and I found the book informative with some very interesting twists to some of the creative techniques I'm already using. Get the book if you want to learn how to invest in real estate without the landlording problems, invest for cash flow, and use little money down techniques. It was easy reading, and a lot of good how to, and examples.
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Summary: Yes, It's Well Worth Buying.
Review: I've read hundreds of real estate books and this is one of the best five I've read. David incorporates his neuro linguistic programming so that when you approach a house seller, you'll even know better what to say to assure you will get the answers you want. I've met both David Finkel and Peter Conti personally and they sure seem to me like honest entrepreneurs. They are contributors to the real estate world...Once you listen to him, you will understand what I mean when I say he contributes to the real estate world.
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Summary: Excellent info
Review: Not many books can separate the wheat from the chaff. These authors have done just that with both of their books. If you have doubts then simply give their system a try and prove it to yourself. Most real estate lawyers and real estate agents haven't a clue as to what is possible, besides why would they want to cut their own throats by losing commissions etc. Read both books and judge for yourself.
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Summary: Why a Real Estate Licensee would not like this book
Review: I am a RE Licensee in the state of Oklahoma. I like this book and others like it because I also choose to invest in Real Estate. Those who say that such techniques seem unrealistic haven't invested in real estate. What is unrealistic is trying to invest in real estate using the traditional financing model on every home you buy. Some in my industry fear these investments strategies because it forces them to become relevant in a progressive marketplace, or else face obsolescence.
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Summary: Making Big Money Investing in Real Estate: Without Tenants,
Review: Priceless information! A must read book if you are serious about investing in real estate. Real world techniques, with proven results. I know, I've done it.
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Summary: Do Not Listen to the Skeptics!!!!
Review: I thought the review from the person from Miami was WAY off target. The persons comments indicated that the book "seemed unrealistic". This indicates that the person has not tried the techniques. Well I have, long before I met Peter and David and the techniques do work. David and Peter have simply added more perfection to an already great system. I will back that up with the actual paperwork of the deals I have done if you are interested... Real estate agents are not experts at investing. Many are not even experts at selling real estate! A real estate license is often a mind barrier to some of the creative techniques that make so many of me and my friends so much money investing each year. Talk to the investors in the field actually doing these deals...not those who "seem to think they are not real". The concepts work and will continue to work. Buy the darn book, and follow the script! Joe
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