Others say...

"The ABC's of Real Estate Investing"
The book was very clear from beginning to end on how to invest in Apartment Complex's! It was step by step and logical. I would feel very comfortable using this book as my sole reference in evaluating and purchasing apartment complexes!!


"Wasted my time...don't waste yours."
Rich Dad Poor Dad was great...this is not.

The title of this book is totally misrepresentative of the contents. This book is about buying huge apartment buildings all over the US. Not what I would call ABC's of real estate investing. Furthermore, if you are buying apartment buildings then you are probably too advanced for this book anyway.

The book is very basic and is easy to read. If you just want to get excited about the idea of real estate investing jump in.

If you want something to actually teach you about real estate investing grab a book like "Investing in Real Estate" by McLean and Eldred. Also check out the podcast "Get Real, Real Estate Investing for the Rest of Us".


"REAL ESTATE INVESTING"
If you are serious about investing in real estate and/or making money at it, then you must read this book. Anything associated with Robert Kyosaki is worth reading.

"Highly Recommended Even if You Have Closed a Few Deals"
This is an awesome book all around. I can't recommend it enough. I didn't think I would get very much info. from this book since I have closed a few deals myself but from the very beginning I actually learned a few things (much to my suprise). It's easy to read, no fluff, and flows nicely. The author also has a very good chapter on Goal Setting in the very beginning that wouldn't be bad if you just bought this book for that 1 chapter. It's a very good book all around and if your thinking about getting it go ahead and make the purchase it'll be money well spent.

"More Realistic View of Building Real Estate Wealth"
This book has a lot of good examples of maximizing net income. This is a more realistic view of building real estate wealth and diminishes the claims of the get rich quick programs. Emphasizes the importance of research as well as how to spot potential 'surprises.'

 

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  Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss (Rich Dad's Advisors)

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What our customer's say!

"Great for beginners", After all its the 'ABC', for beginners. Would take a couple more books to get to 'XYZ'. Its great for those who are interested in the real estate investing and want to know what its about (this book only talks about rental apartments, not houses or condos). For people who are already in the business this book will only point out the obvious. It doesn't cover all of the aspects of real estate investing. Well, no book does. It serves more as a guide, touches on the surface of 1) finding deals, 2) how to investigate a property, 3) how to come up with the price of the property, 4) a little bit on how to manage rental apartments. It doesn't cover on other important topics such as 1) funding, bank loans, financing and morgaging your property 2) taxes and 3) market researching.

"How to run a real estate business.", This is more of a book on how to run a real estate investment business than what you traditionally find in real estate investment books. I would not recommend this book for beginners or even amateurs because there's no way you'll be able to raise the millions needed for investing in huge complexes from investors without a lot of experience. I certainly wouldn't give a million dollars to someone that's never purchased and managed a large complex so they could learn with my money.

I believe this, and his Advanced Guide to Real Estate Investing, are great books for investors that are moving from single and multi-family residences to large complexes. But I just don't bite off on any Joe Blow being able to raise the capital to do what he's teaching.

"Excellent How-To book on buying apartment buildings", This is the first book in the Rich Dad series that actually tells you how to find, buy and manage apartment complexes. The author writes the entire step by step process of locating a good market and a good deal.

The disadvantage is that the step by step process is written in paragraph form, not outline form, so that makes it a little harder to go back and find the step you are looking for after reading the book.

"Crossed the "T"s and Dotted the "I"s", This was a thorough book. The author has real-life experience doing exactly what he writes about. He gives excellent advice on how to find the diamonds in the rough, and how to do 99% of your research BEFORE you spend a dime. I recommend this book to anyone in the industry. Fabulous!

"Rich Dad's Advisor's: The ABC's of Real Estate Inveating", Very simple to read and understand. Practical sound writen plans for real estate investing. Do recomend this book for any one interested in learning the real life basic's in begining real estate investing as a business small to large. Realistic reading of expearance. Made very good since. A straigt forward book of good information.



 
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Read this reviews before You buy...

"Rich Dad Poor Dad's ABC's of Real Estate Investing", True to the Rich Dad Poor Dad template, this book consists of two books in one. The first half is general and non-specific in nature. It's purpose appears to motivate the reader to be open-minded to the message contained in the second half. The long awaited second half is a general guide to analyzing multi unit housing with an eye toward ascertaining cash flow to establish the proper purchase price. For the new investor, the exercise is useful in bringing financial analysis to the decision making process.

"How to Analyze an Investment!!", The book will guide you on the qualification of a good investement to cashflow based on the Net Operating Income, and also how to use the Letter of Intent to purchase.

"A Worthwhile Read for Any Multi-Family Real Estate Investor", I purchased and read this book after hearing an interview that talked about Ken's next book in the series--the more advanced version of this book. I've been a real-estate investor for some years and along with my two partners we own 1800 units in three western states. I've never before read an investment book that I didn't have some major disagreements with before reading this one. Actually, the only thing surprising to me was that Ken doesn't provide emergency lock-out service for his residents. We do, but many things in this business are counter-intuitive. I'd like to know his reasons. It's too bad he doesn't have a blog--and even though I'm not reviewing his personal website, he needs an update including downloads of the forms he promises to have available there in the book (they're still coming soon according to the web-site, but it's 3 years since the book came out).
There seems to be a lot of confusion among the reviewers as to who this book should appeal to. I think to all: from beginner to seasoned investor. Some who feel it doesn't address them in the reviews haven't paid attention. Buying single family homes and renting them is speculation. Small mom and pop rentals are also not investing any more than is flipping homes. I've watched these speculators come and go over the years--good luck to them they'll need it. Meanwhile if you're an ambitious 20 something who wants to go into real-estate who doesn't have the money, go to work for someone like me, or if you like more structure, for a large property management company and learn the business and you'll find lots of money available to you. If you're older, like I was, find some partners, take the risk and plan to work.
A saying I've always remembered is: Wise men learn from others' mistakes, fools from their own, and the rest just don't learn. I've always aspired to be at least a fool, but I wouldn't hesitate to learn from the mistakes of others. I recommend the book.


"Need more concrete answers", Book is a good read, but I felt I needed more concrete answers to my questions. Maybe more strategies or specific steps to take in different scenarios.

I have found another book that answered my questions and had more strategies to share. Bubble Proof: Real Estate Strategies that Work in any Market by Tonja Demoff. Great read!

"We'll talk about that later!", Author spends a lot of time telling you he will discuss it in a later chapter. Overall a decent book with relevent information.

 
 
 

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