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 Location:  Home » Real Estate » Investments » The Wall Street Journal. Complete Real-Estate Investing GuidebookNovember 21, 2008  


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The Wall Street Journal. Complete Real-Estate Investing Guidebook
The Wall Street Journal. Complete Real-Estate Investing Guidebook
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Author: David Crook
Publisher: Three Rivers Press
Category: Book

List Price: $14.95
Buy New: $7.00
You Save: $7.95 (53%)
Buy New/Used from $6.98

Avg. Customer Rating: 4.5 out of 5 stars(17 reviews)
Sales Rank: 12837

Languages: English (Original Language), English (Unknown), English (Published)
Media: Paperback
Number Of Items: 1
Pages: 256
Shipping Weight (lbs): 0.7
Dimensions (in): 9.1 x 5.2 x 0.9

ISBN: 0307345629
Dewey Decimal Number: 332.6324
EAN: 9780307345622
ASIN: 0307345629

Publication Date: December 26, 2006
Release Date: December 26, 2006
Availability: Usually ships in 1-2 business days

Customer Reviews:
Showing reviews 6-10 of 17
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5 out of 5 stars Get Rich Slow   September 14, 2007
  0 out of 3 found this review helpful

This book was great. If you want a easy guide on how to really make money in the market than this is your guide.


5 out of 5 stars Best Real Estate Investment Guide Available   September 2, 2007
  2 out of 2 found this review helpful

Having read a dozen or so other real-estate investment books, over the course of a few years, I have to say this well-written, direct book is hands down the best and most helpful overall guide out there in terms of how to get in and what to expect, in property investing. The book is well deserving of the Wall Street Journal branding.

Newbies to real estate investing will find the book clear and accesible; easy to read and understand - with lots of insight on where to go find more info. about any particular topic mentioned which might interest you. Those with a bit more experience in real estate, will perhaps find the read more akin to an honest conversation with a peer / expert / consultant on the subject. The style is fresh and crisp. The author is doing us all a service organizing and putting his thoughts and experiences forth so clearly. Thank you, Mr. Crook.



5 out of 5 stars Down to earth realism to get to big $$$   September 1, 2007
  2 out of 2 found this review helpful

David took a very realistic and repeatable approach to investing in real estate using analysis as support. It was a great book for newbies who are trying to learn broadly, before moving deeper into a specialty. Crook's belief that hard work get you the biggest bang for your buck is on point, however hard it might be to hear.


4 out of 5 stars Great resource   August 1, 2007
  2 out of 2 found this review helpful

A great resource for anyone in real estate investing, especially if you are starting out. Many helpful tips from single families to multi-unit and property management. A very comprehensive book.

In addition, another great book I read that would complement this one is a book called, Bubble Proof - Real Estate Strategies that Work in any Market by Tonja Demoff. I like her attitude and spin on analyzing real estate to make profit in any market.Bubble Proof: Real Estate Strategies that Work in any Market



5 out of 5 stars Excellent Real Life Guide- A Must for Newbies and Pros Alike   July 30, 2007
  6 out of 6 found this review helpful

Whether you are just starting to think about investing or if you have been researching and buying for years, you should read this book. It clearly explains all the essential steps to becoming a successful investor and reveals many of the myths of real estate success. The author, David Crook, does not try to sugar coat the process one bit and can be brutally honest about the mistakes people make and the effort that is actually required to be an investor.

Crook covers all types of investment properties from single family and multifamily homes to apartment complexes and commercial spaces. He delves into the ups and downs of each type and doesn't fail to mention all the risks involved in each. Crook also explains in great detail and through some real life examples how to use tax laws to your benefit. He advises you on how to use the properties depreciation to off set profits and how to sell a property and trade up so that you don't have to pay any capital gains. The income and investment charts are especially helpful in this portion of the book by demonstrating exactly how the tax deductions will save thousands.

The chapter on being a landlord is a very important piece of the puzzle. Crook covers everything from finding tenants, writing leases, and where to keep rent checks. Some horror stories are included here to make you realize just how hard it is to rent a space to strangers. As with the rest of the book he is not trying to discourage you, he just wants to give you the mot honest look at what you're getting yourself into.

If you decide that buying a property and trying to rent it is not for you, Crook finishes up by explaining how Real Estate Investment Trusts work. REITs are companies that invest in and manage properties and they sell their stocks on Wall Street. While buying REITs is not truly investing in real estate, it is a way for you to try reaping the benefits of someone else's investment experience.

As an experienced Realtor, I highly recommend this book to anyone thinking of investing in properties. It covers all the groundwork and will give you a real taste of what you're getting yourself into.




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