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Real Estate Riches: How to Become Rich Using Your Banker's Money

Real Estate Riches: How to Become Rich Using Your Banker's Money

List Price: $17.95
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Product Info Reviews

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Rating: 3 stars
Summary: It's another Real Estate book, informative but...!
Review: I thought it was a good book, some good ideas are found in it. But it has very little to do with its subtitle: Using your banker's money... He talks about that for maybe 2-4 pages. Maybe I just expected more since Rich Dad Poor Dad is one of the best books I've read. It's mostly good ideas and good examples of what he did, but he never explains in depth and no hints. You can tell that he definately knows his stuff, but it's almost as if he is trying to hold back on you. I liked it, but it was kind of a let down.

Rating: 5 stars
Summary: NEW RULE FOR REVIEWERS
Review: IF YOU ARE GOING TO TRASH A BOOK, PLEASE OFFER SUGGESTIONS FROM THE SAME CATEGORY. IF I SHOULDN'T READ THIS BOOK, TELL ME WHAT I SHOULD READ. THANK YOU.

Rating: 5 stars
Summary: Want $25,000 Income Per Month?
Review: My wife bought the book for me as a Christmas gift in 2002. Wow! This is by far the best book I've read on how to build wealth using real estate. Dolf clearly explains how buying property is one of the most common wealth building tools used by the rich and famous. Quick question. Do ya think Donald Trump makes billions of dollars working for someone else? No! It's from owning real estate. Lot's of real estate that has appreciated over time. On a personal note, because of this book, real estate has started to provide me a with a steady monthly pay check for the rest of my life. In today's world, no JOB can offer that.

In the spring of 2003 I refinanced an existing property for over $37,500 and reinvested it into two multi family homes. I never thought of my equity as tax free investment capital. Each home has a positive cash flow of over six hundred dollars per month. After property management fees, I net over nine hundred dollars per month. I plan on buying twenty eight more properties within the next ten years using what I learned from this book. My goal is to earn over $25,000 per month in positive cash flow from my business. As Dolf points out, owing properties should be treated as a business if you want to succeed. To my ears, that's good sound advice.

My only criticism of Real Estate Riches is that Mr. De Roos spends the first third of the book trying to convince the reader that real estate is the BEST investment of All Time.
Personally, I still enjoy selling call options on stocks and profiting handsomely in an up or down stock market. I will say that adding real estate to my over all investment portfolio is one of the best things I have ever done.

If you enjoy living pay check to pay check DON'T order this book. However, if you're seriously looking for a way to make a better life for yourself and your family, this book is a must have!

Rating: 5 stars
Summary: On a scale of one to ten this book is a 15!
Review: Amazon---we need more stars. Real Estate Riches is probably the very best real estate book on the book stands right now. One that is close is Real Estate Loopholes.

Disregard these 1 star reviews. They know nothing about real estate. Have never bought a property and are only here because they are paid bashers.

I highly recommend Real Estate Riches as a investment guide.

Rating: 1 stars
Summary: 0 Stars for This One
Review: This Is An Extremely Basic Book, By An Author, Which Seems To Me Was Very Well "Off" To Begin With. I Know From Experience That It Takes MONEY To Make MONEY. I've Been To Dolf's Seminars And To The Rich Dad Seminars, And I Know For A Fact That They Make Their Money From Selling Seminars, Books, Software, Games, Audio Recordings, Etc. They Charge Outrageous Prices For Information That Is Solely Motivational. I Have Many Other Real Estate Books, Which Contain a Great Deal More Pertinent Information On Real Estate. This Is Definitely A Tiresome and Mind-Numbing Read.

Rating: 1 stars
Summary: Terribly Written
Review: This Book is simply a means for you to go onto Dolf de Roos' website and buy more of his "products". Such as a $3000 Seminar or a $600 software that will "help you analyse property" (Simply a calculator). There is no substance in this book. I know it is a "why to book" not a "how to book". However, If I wanted to learn about properties in New Zealand, I would be living there. THANKS...But No Thanks. I donated this to my public library after reading it....It's definately not worth the money.

Rating: 5 stars
Summary: Delivers What the Title Promises
Review: This book does go into a deep explaination of how to use your banker's money to become rich. It is after all how many people become millionaires: through real estate investing. It does not go into a lot of details on creative fianancing. If you are looking for something like that, I suggest Peter Conti and David Finkel's books. Mr DeRoos gives some great tips on how to improve your properties value. One such great example is if the structure does not have a garage to build one. Doing so can improve the property values by thousands of dollars. This is a great book for the beginning invester to read. Something to keep in mind when reading it is that it was also written for the down under market as well as the US and as such does not always use language an American is used to reading.

Rating: 5 stars
Summary: Excellent
Review: I think this book is a really great introductory book on Real Estate investing. I highly suggest this to anybody. It points out why real estate is such a strong contender among investment vehicles, emphasizing the theory of leverage.

Rating: 5 stars
Summary: In my opinion ( a great book)
Review: I have read many real estate books and found most say pretty much the same thing. This book by Dolf DeRoos is different.

You won't find 1,000+ pages of worthless drivel like some financial books, just meaty, powerful stuff that really works.

You'll want to add this one to your must read list. Great book.

Rating: 1 stars
Summary: Just my opinion (a commercial)
Review: I sensed a peculiar vibe while reading De Roos' book. Especially when I read the chapter touting his software. I went to his websight and sure enough his software for tracking costs and analyzing property was very, very expensive. The book was entertaining but contained no step-by-step how to on anything. A lot of "I did this or that" (much of it in New Zealand!) but no real "here's how I did it." I found the same in his friend Kiyosaki's books. These books are mostly motivational and tend to make one think they can do the same. While I do believe it can be done they don't really sell ( I did buy the book) one any "secrets" or detail any methods. In my opinion what these books are meant to do is get one to their websight so they can sell you something else. Would that be "bait and switch?" Maybe not but could be something similar. Another one is "Multiple Streams OF Income by another author. He too, all through his book encourages his readers to go to "my websitht or call my office." They all tout thier integrity but all seem to be short on "meat" and long on "talk" If you want to read these books I suggest you go to the library and rent it or read it there.


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