Rating: 
Summary: A very good real estate book
Review: Emerson once said, "The hardest thing for people to do is to think."This book gets you thinking. It's not about techniques. For techniques, read Nothing Down, A Fortune at Your Feet, Flipping Properties or Real Estate Money Machine.What Dolf deRoos does do with this book is what the other books in the RDPD series have done; get you to think. To develop a philosophy. To show you how to become a Ultimate Investor instead of a average investor.QUESTION: All of those great Real Estate books and websites that keep getting recommended. If they are so great, where are all of the real estate tycoons? Hmmmm????Read. learn, apply and succeed. Then come back and tell us the truth about this book.Happy investing.
Rating:
Summary: Real profits in real estate
Review: What I like aboout the Rcih Dad advisor series is that the books are written by people who are actually experienced and knowledgable about the topic they are writing on.For example, in this book, we have the great Dolf deRoos who has made a small fortune investing in real estate. He has walked the talk and talks the walk. He has been there, done it and done it again. If your goal is to become a sucessful real estate investor, then I highly recommend this great book by Dolf de Roos.
Rating: 
Summary: Why you should buy this book
Review: This book can give you incredible insight on what the real estate industry is all about, through the eyes of Dolf De Roos. A very indepth book about real estate that may come off confusing at first, but will all fall in place at the end...or conclusion of the book.
A must buy and a must read!
Rating: 
Summary: Real Estate Cheerleading
Review: Roos is part real estate investor, part cheerleader. If real estate investing were as simple as getting excited about real estate investing then we'd read this book, leave our 9-5s, and, ahhh, riches. Real Estate Riches inspires me to invest in real estate the way Bruce Lee inspired me as a kid to become a kung fu master. It's great to dream about, but the hard work between the dream and the reality is usually enough dissuade.
His basic plan-of-action is 1) use as little of your money as possible and as much of the bank's money, to, 2) --he skips this part about how hard it is it find and identify a positive cash flow property, then, 3) buy a place that continues to increase in value, while it simultaneously delivers cash in your pocket each month, and finally, 4) when you need more money to invest, drain the equity from your property and repeat.
I think the best advice he gives, and the one insight you might find to be part of the real work of real estate investing, is the 100:10:3:1 rule. Look at _100_ properties, make offers on 10, negotiate financing on 3, and you MAY buy 1. Real estate investing is hard work. Roos show you all of the glamour, but little of the daily grind that's involved to make it happen for yourself.
For a more balanced approach see Real Estate Investing, 4th edition by McLean and Eldred.
Rating: 
Summary: Good for inspiration but be careful...
Review: This is a good book to really inspire a new reader.
However, its tough to overlook the gross distortions that the author makes.
For example, he makes a huge argument to start the book off saying how you can't use leverage in the stock market. Well, most of the companies you invest in will use debt for you let alone trading on margin. Furthermore, he fails to realize that not all stocks have giant swings.
Thats just what he fails to mention. On top of that, some of the numbers he does use are needlessly exagerated. A 400 dollar paint job? Wake up Dolf, unless your hiring illegal immigrants I dont think thats going to raise property value much.
I think the author does make some good points... but his distortions make me extremely wary, if im investing in property i dont want the glitz and glamour I want to know the risks in order to make an informed decision.
Rating:
Summary: A straightforward introduction to reaping the rewards
Review: Expert real estate investor Dolf de Roos presents Real Estate Riches: How To Become Rich Using Your Banker's Money, a straightforward introduction to reaping the rewards of real estate investment. From taking advantage of favorable parts of the tax code, to creating passive income with one's banker's money, to how to increase one's property values without excessive expense, and much more, Real Estate Riches is an excellent primer for putting money and land to work for one. Tips, tricks, techniques, and advice such as tha 100:10:3:1 rule (if you look at 100 properties, put offers on 10, and try to arrange financing for 3, you may end up buying 1 - good deals are not just there for picking!) tell the business like it is. Real estate investment requires hard work and intelligence like any other business prospect, yet when properly done, the rewards can be tremendous; Real Estate Riches shows just what to do and how.
Rating:
Summary: The Perfect Read for Prospective Real Estate Investors
Review: Please do not get carried away by the poor ratings left by reviewers who did not take their time to understand the wealth of information in this book.
This book indeed lacks the hands-on techniques of real estate investing; Dolf de Roos made it clear himself that Real Estate Riches will NOT be another "How-To" book. This book addresses the other very important issue, "Why" invest in real estate.
Dolf de Roos in his book discusses extensively the reasons real estate is one of the lucrative investments around. Most of the information may seem to be common sense to expert RE Investors, but they are inspiring and motivating for new and to-be RE investors. That being said, I could pick out more than a few refreshing concepts from the book. The 100:3:1 rule, reaping profits from your property without ever selling, beating the averages are just some examples.
This book is NOT the end of your REI education. On the contrary, it motivates you to continue you to learn, self-educate on the subject, and most important of all, go out and invest! From this perspective, the book serves its purpose impeccably well.
Rating:
Summary: Good info, but annoying voice
Review: There is some really great info on this audio CD, but couldn't they find someone with a voice that wasn't incredibly annoying. I mean, Robert Kiyosaki's voice would have been a hundred times better. That being said, if you can stand the voice the info is good. I highly recommend a book version instead since Dolf will drive you insane. Sorry Dolf, nothing personal.
Rating:
Summary: for the novice
Review: This book is written for novices trying to find out what real estate investing is like. It has no real advice nor practical tips on how to get into real estate. It is basically a story about the authors experiences in real estate. This book is very short, poorly written, and lacks informative material. To learn about real estate investing I strongly recommend "Investing in Real Estate" by McLean and Eldred. The McLean book is for beginning investors, but it is much more useful. You shouldn't waste your money on Real Estate Riches.
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