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Summary: Read This Book First
Review: Read this book first if you've ever thought about getting involved in Real Estate Investment. This will give you a foundation of thinking. It is NOT a "How-To" book by any stretch of the imagination. But it will get you started in the right direction. Shortly after reading this I met Dolf de Roos at a seminar. Granted he makes most of his current wealth off the speaking circuit, but if you listen (or read) and pay attention, you'll learn. It's a quick read, and worth the time and money.
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Summary: not for people with a financial background
Review: it's easy to read. but a summary of the book would probably fetch 2 pages. the writer tells us it's all very simple, which is probably true. but as with anything that is simple, you should be able to write that on 1 page.There must be better books out there.
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Summary: Tony Robbins for Real Estate
Review: This is a motivational / inspriational book, and provides very little *actionable* advice. If you are looking for information on "How to Become Rich Using Your Banker's Money" as the title indicates, you will be VERY disappointed.
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Summary: AWESOME!!!
Review: This book has absolutely changed my life... It gave me the tools and resources that has allowed me to be FINANCIAL FREE! Thank you so much Dolf de Roos! Samantha :)
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Summary: Great Book. Direct to the point and easy to absorb.
Review: This book is simply amazing!!! I am just starting to invest in Real Estate and I found the information in this book to be extremely helpful, especially the part on financing and taxes. Regardless the state of the economy, Real Estate is the best way to invest and this book can get you started on the right foot.
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Summary: Puff
Review: The first half of this book is an intellectually insulting description of why you should invest in real estate, chapter after chapter covering what could have been said in a few pages. The second half of the book is better, but spends too much time talking about investing in New Zealand. The book oversimplifies investing, without digging in deeper on issues like operating costs for duplexes versus apartments etc. The book advocates maximum leverage without covering risks like rising interest rates, unexpected costs etc. The only useful info I found was in the discussion of internal rate of return for comparing investments. Don't expect any guidance on what costs you will really incur operating a property.
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Summary: Good Insights for thinking a bit more creatively
Review: This book provides a good introduction to "creative" real estate investing. It points out why real estate investing is a worthwhile pursuit for those who want to become wealthy via real assets. Mind you, this book is not an objective analysis of the pro's and con's of real estate investing, rather it makes a strong argument FOR real estate investing. In essence, it's a motivational type of book that is designed to "excite" the reader. For some of you, it would open your mind to how one can "creatively" and "dramatically" increase the value of investment real estate. It's best read with an open mind and a critical eye. It would also be helpful if you read other more "objective" real estate books in order to have a better perspective as to the advantages and pitfalls of real estate investments.
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Summary: Good book
Review: Informative, with lots of good real life examples. Very context expanding.
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Summary: Good book on RE investing but not the greatest
Review: The book is o.k. for novices in the real estate field. Dolf de Roos tries rightly to convince you that RE is the best investment, if you are patient, to retire with peace in mind. De Roos has a Phd in mechanical engineering and has never worked for someone, thanks to his decision to work for himself in real estate and he has made a fortune. But I still recommend the book "The Buy and Hold Strategy" by Schumacher which I hope I had read when I was 25-30 years old. I read it when I was in my mid-forties and the book helped me so much to achieve my goals for a secure retirement. I am retiring at 55, fully financially secure thanks to Schumacher's book.
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Summary: My 0.02
Review: I have two things that I would like to say. One, if you're reading these reviews because something inside of you has been awakened--because you realize that there's got to be something in life better than going through the grind of a 9-5 job, _DON'T_ let the negative reviews get in your way. Go ahead, this book will inspire you and get you going in the right direction. Two, this is _NOT_ a how-to book. While looking for background information about the author, I realized why. Have you read Michael Jordan write something about how to run, pass and dunk? No, because those are things that you can learn easily. Michael Jordan approach basketball from a higher perspective. What he writes about are the mental disciplines he uses to play the game. It's the same with this book. The author did not write how to get a mortgage, or how to do this and that. Those are the simple things. You can get that information from other books. What you will get from this book is a sense of what is possible. With that, it might help get you through your journey when you're feeling at the bottom and nothing seems to be working. You'll also know how a very good real estate investor thinks. In the long run, the how-to's may matter little compared to learning how to think and approach the subject of real estate investing. Just my 0.02
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