Rich Dad's Real Estate Advantages: Tax and Legal Secrets of Successful Real Estate Investors by Sharon L. Lechter, Garrett Sutton Summary and Reviews
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Book Reviews of Rich Dad's Real Estate Advantages: Tax and Legal Secrets of Successful Real Estate Investors
Book Review: A Solid Foundation for launching a RE Investing career...
Summary: 5 Stars
Of all the Real Estate "How To" books and programs I've purchased over the years, one thing was always lacking...the legal aspects of holding and protecting the property. A few may have touched on it, but nothing as meaty as this book. Very informative and easy to understand. Buying real estate without reading this book would be like going into combat without weapons and body armor...at some point you're going to end up getting killed ( or sued ). In this day and age where people are suing fast food restaurants for making them fat, or cigarette companies for giving them cancer, don't think some tenant won't sue you some day for something equally as stupid. This book is super cheap insurance...buy it if you're seriously considering real estate investing.Book Review: Road to sucess!
Summary: 5 Stars
The money you will save buying this book will save you thousands!It is a reference book that help you avoid all the common tax and legal problems when investing in real estate.Book Review: The ultimate get started book
Summary: 5 Stars
This has been one of the best books on real estate I have ever read. I am just about to get started and will definately put this book into action. It is hard to get all of the topics for real estate into one easy to read format, but the Rich Dad advisors have done it and with a little flare. It is an easy read and good for anyone serious about getting started or if you have made mistakes along the way.Book Review: Great Stuff for the Money wise!
Summary: 5 Stars
Full of great information if you want to know how to avoid costly mistakes for managing your excess funds.Book Review: A big disappointment...
Summary: 1 Stars
Unfortunately the book didn't uncover any "secrets" whatsoever as the title alludes to. The information contained in this book is very basic. I found one major problem with the text in that it encourages "component depreciation". My research and understanding is that this was clearly outlawed in the US in the 1980s. When I contacted the publishing company for clarification, no one would answer this simple question (for two months before I gave up trying to get an answer they said Sharon Lechter was on vacation with no access to phone or email).
If this book was filled with high quality ideas, I would have overlooked an error or two and given it 4 or 5 stars. But that wasn't the case as I've only been in the real estate game for a short time and already knew most of what is contained in this text. All in, this book isn't even worth the $5 +shipping I paid for it used....