Be a Real Estate Millionaire: Secret Strategies To Lifetime Wealth Today by Dean Graziosi Summary and Reviews
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Book Reviews of Be a Real Estate Millionaire: Secret Strategies To Lifetime Wealth Today
Book Review: So far, So Good
Summary: 5 Stars
I've been reading this book since the end of Oct. 2007 & it has some very information & advice on Real Estate Investing. Not only that, Dean has a very good support system in place through his website [...]
Also, he just did a conference call on taking advantage if the current Real Estate market with more good advice on Jan. 22, 2008
Book Review: Creative means of building real estate wealth
Summary: 4 Stars
Shows some great ways of reading the local and national real estate market. Lots of helpful tips on what to do in any market situation. Very creative means of managing property and finding sources of money. Excellent book.Book Review: The completely wrong way to get into Real Estate
Summary: 1 Stars
Buy and refinance? At a time when home prices are plunging, with a recession on our doorstep and inflation in the wings? With monetary policy so out of control that banks aren't even lending to each other anymore?
Using real estate as ATMs is in great part what has brought on the 'credit crunch'. Advising people to do the same old thing that got us into this mess is just plain irresponsible. Advising people to do it in order to become "Real Estate Millionaires" in the face of the disasterous economic woes ahead is almost criminal.
Foreclosures in California alone are up 425% from last year because of the kind of thinking this book advocates. That's not a typo - 425% percent from a year ago, and that is just the bare beginning of the avalanche.
Read the economic news, not get-rich-quick snakeoil salesmen.
Book Review: A balanced review
Summary: 3 Stars
I'm a real estate investor and as an investor, you want as much information as you can get. You want to read books so you can be on your game. However, instead of information on how to conduct million dollar deals, financing, and other pertinent items on how to be a "real estate millionaire", I got something entirely different from this book.
PROS:
First, there are fundamental pieces of information in this book that is important. For instance, due diligence, that's a necessity.
CONS:
But the book itself doesn't offer anything specific. What I mean is, this is more of a book on how to have the proper attitude and the proper mindset. It isn't a step by step manual on how to conduct real estate deals you want in the high end market. If you are looking for a how to book, this is the wrong book for you. If you want to "feel" good and "think" rich, then this would tickle your curiosity.
ALTERNATIVES:
There are solid books that are less motivational and more actionable. Here are some starting suggestions:
Profit by Investing in Real Estate Tax Liens: Earn Safe, Secured, and Fixed Returns Every Time
Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days-Investing Without Losing Series (Investing Without Losing)
The Pre-Foreclosure Property Investor's Kit: How to Make Money Buying Distressed Real Estate -- Before the Public Auction
Book Review: It will get you off your behind
Summary: 4 Stars
I am exactly the person that the author talks about in the book. I have read pretty much every self help and real estate book on the market but I never take action. I am filled with knowledge and lacking the spine to risk anything and go for it. I have to say the middle part of this book made me really take a deep look at myself and look at ways to finally do something. I am not sure I will be a real estate millionaire, but I do know that this is the first book that actually has me ready to go out and start looking for deals. If this book taught you one thing about real estate you didn't know or got you off your behind like it did me then the price is insignificant. Value is what you get from something not the price and the value I received was well worth the $16.47.