Rating: Summary: Serious Lack of Substance Review: As stated in other reviews, this is not a how-to book. My take is the author wants one to look at real estate as a serious investment. The problem I have with the book is that it can be accomplished in 30 pages. There is a lot of fluff.
Rating: Summary: This book offers little less than motivation Review: I read this book in one sitting, and took notes on important ideas. Unfortunately, the notes filled only one page, double spaced.Robert sells the idea that leverage improves your investment returns and that leverage, with proper risk control, is the key to becomming wealthy. His main point: banks won't lend you money to buy stocks or bonds, but they will lend you money (9 to 1 ratio) to buy real estate. Dolf offers mostly motivation and very little on how to gain riches in real estate. Most of his information is based on experiences in New Zealand. He uses this book to sell his course. I am sure he is a smart fellow with good information, he just does not offer much in this book. He barely scratches the surface. There are better books in real estate investing than this one. Instead of buying this book, borrow it from a library or sit down in a bookstore's coffee shop and read it. It will only take you an hour and you will be glad you kept your money in your wallet.
Rating: Summary: Well presented book. Keeps it simple and useful. Review: This book is a testament to a time honoured investment strategy viz. real estate. By way of proof: the stock crash of 2001-02 barely even dented the real estate market. In most North American cities, the real estate market was HOT in 2002, while the stock market went from bad to terrible. (My wife & I lost over 20% in our stock protfolio, while our real estate value GREW 25%). This book and others have pointed out that while no bank advertises to finance stock/jewelery/antique purchases, they are all fighting to finance real estate purchases. Why? Because real estate is "real", tangile and always in demand....and hence a great investment. The ideas in this book are not for lazy people, who'd rather buy mutual funds and then hope for a miracle. Its for people who want to work hard to build financial independence. Does it work? Think about it. Nothing "works" on it own, not even your car or your marriage, so why should this? However, like your car and/or marriage it will work if you make it work. Bottom line: Buying a [$$$] book will not make you a multi-millionaire, but using its time-honoured wisdom coupled with hard work, surely will.
Rating: Summary: Too general and vague Review: There are better books out there. Don't waste your money.
Rating: Summary: Rich Dad taught this fellow well. Review: I have read several of Kiyosaki books, listened to his audio tapes and I always end up asking myself... WHERE'S THE BEEF. All of his materials are all fluff and no substance. While a part of me thinks he may be sincere in his attempt to educate, he would fail as a teacher. His lesson plans are lacking and leave the buyer struggling so that they buy more of his "meatless" products making him the only RICH DAD in America
Rating: Summary: An Ambassador for Real Estate Investing Review: I REALLYY don't understand the reviewers who have criticized this book. At one point in the book, the author states that most books that are written about real estate investing are right on point. I believe that illustrates the whole approach to the book. It is clear, almost from the first page, that the book is concerned with proving that real estate investment is the REAL DEAL. The book succeeds in SPECTACULAR FASHION!! The author addresses the topic by first helping the reader redefine the returns from a real estate investment as compared to other investments (i.e stocks), reminding the reader of the tax and funding factors that are quite unique to (and favorable to) real estate investing. Like another reviewer stated, it is definitely not a HOW-TO book but a WHY-TO. It is very compelling however, and the author presents enough scenarios and real life examples to keep it kicking. I have been considering real estate investing for almost 3 years, but this book finally got me to take the plunge. Another reviewer stated that he jumped into real estate investing AFTER reading the book, and has seen excellent growth. I am also embarking on the same journey and hope to GLOAT to the critics a few years from now. As a relative neophyte, I have not been exposed to too many books on this subject but the criticisms in these reviews do not appear detailed, systematic or well thought out. I HIGHLY RECOMMEND THIS BOOK FOR ALL BEGINNERS. IT WILL HELP MAKE YOUR DECISION!!
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: Fluff Marketed Under the "Rich Dad . . . Poor Dad" Umbrella Review: Robert Kiyosaki wrote the outstanding book "Rich Dad, Poor Dad", and I applaud him for it. This book can help make a major transformation in one's view of money and their life. - - - Unfortunately there seems little more to add. In the desire to cash in on the success of Rich Dad, there have been numerous books slapped together under the same marketing umbrella and these are lacking in thought or originality. (The exact same material and diagrams seem to make their way into the various books.) Here is another lightweight example. - - Some may say that you have to "read between the lines" to get the "deeper meaning" of this book. Well, it has also been said that one can find "deep meaning" in reading just about anything, - - including the phone book if one really wants to do so. - - - The best lesson from this book and the others sold after Rich Dad is that when you come up with something hot - - - you better jump on it and ride it for all its worth ("ride your winners"). This book is directed toward the naive amateurs who hope for quick & easy answers, and lack the knowledge/experience necessary to judge what is fluff and what is substantial. These will all find their way in the used book stores in a few years. - - -
Rating: Summary: Hardly a marketing pitch - Valuable information Review: I can't quite understand the number of reviewers criticising this book - unless they are saying they are incapable of reading between the lines. The examples in this book are SOMEWHAT glorified without appropriate qualifying statements, however at no stage does the author present them as anything other than what is POSSIBLE. The examples are in fact normally based on his best deals (and I assure the sceptics that they are really not particularly inprobable given his experience and number of properties traded). Those complaining that the book is not enough "HOW TO" obviously didn't read the first couple of pages where he specifically states it is not intended as such as there are plenty of other books on the subject. So what's in it for you? Well, it is a great starting point to get your thinking going without having to absorb masses of new information. It is inspiring without being motivational in nature. And to someone who has not understood real estate or investments in general before it could in fact be a real eye-opener and change your thinking forever. This is not an exceptional book but I think it was worth the Aus$20 I paid for it. However Australian readers should definately check out 2 other books I have discovered as more in the 4 or 5 star category: 1 Wealth Magic by Peter Spann - Some amazing wealth secrets/ideas in the guise of a local success story. Read this for a conceptual understanding of wealth and success. 2 Investing in Residential Property by Peter Waxman - academic treatment of the subject and a veritable tome at 500 pages. Read this for the specifics of the property market from every angle you can think of plus detailed analysi (sp?) of Australian demographics. p.s. I wonder how many of the critics are as successful themselves as the author?
Rating: Summary: This is how to get rich in America (WORLD) Review: This is my 4th Rich Dad book and I belive the most important. More people have become wealthy through real estate than any other or all other investments combined and that incudes the stock market.I also recommend Rich Dads Guide to investing and the 16% Solution.CAUTION: There are some people here pushing websites that are run by essentially shills for RTK's competitors and/or amateur-Pirate type operators. IF I gave OR offered you a dollar bill, which would you prefer; an original printed by the US government or a illegal, counterfeit copy?RTK and his series of books are the best. His authors are people who are successful, not wannabe real estate investors who haven't even bought their own property.
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