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 Location:  Home » Buying a House » General AAS » The Part-Time Real Estate Investor: How to Generate Huge Profits While Keeping Your Day JobDecember 1, 2008  


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The Part-Time Real Estate Investor: How to Generate Huge Profits While Keeping Your Day Job
The Part-Time Real Estate Investor: How to Generate Huge Profits While Keeping Your Day Job
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Author: Dan W. Blacharski
Creator: Marie Lujanac
Publisher: Atlantic Publishing Company (FL)
Category: Book

List Price: $24.95
Buy New: $12.47
You Save: $12.48 (50%)
Buy New/Used from $12.47

Avg. Customer Rating: 5.0 out of 5 stars(12 reviews)
Sales Rank: 33671

Languages: English (Original Language), English (Unknown), English (Published)
Media: Paperback
Number Of Items: 1
Pages: 288
Shipping Weight (lbs): 1.1
Dimensions (in): 8.9 x 6 x 0.8

ISBN: 0910627029
Dewey Decimal Number: 332.63240973
EAN: 9780910627023
ASIN: 0910627029

Publication Date: January 20, 2007
Release Date: February 18, 2007
Availability: Usually ships in 1-2 business days

Customer Reviews:
Showing reviews 6-10 of 12
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5 out of 5 stars First real-estate investing book with a humble, realistic perspective   September 27, 2007
  15 out of 17 found this review helpful

I've read and reviewed a number of "how to make millions investing in real estate" type of books, and I didn't think I'd ever need to read another one, since they are mostly the same (in varying degrees of quality). However, I was attracted to the Part-Time Real Estate Investor precisely because of the humility of its title -- it seeks to help real people achieve real income from real estate while keeping their feet planted solidly on the ground. Since I know the realities of the current real-estate market precludes the possibility of doing it full time (at least from my starting position), I decided to take a gamble on this book, and I wasn't disappointed.

As with any "how-to" real-estate investment book, the Part-Time Real Estate Investor covers a lot of ground, and thus is skimpy on the details in some areas. Fortunately though, this book focuses on some areas that are ignored by the pie-in-the-sky type of investment books. For example, it spends ample time on subjects like "Buying Your First Home," buying a home with bad credit, "Land Contract and Lease Purchases," etc. The bad credit chapter was particularly informative, I thought, as it examines whether or not you should buy a home with below-average credit, given the higher interest rates you'll incur. Most books are simply rah-rah for homebuying (and selling), but this one is more sensitive to individual's situations.

There is no ONE book that will tell you everything you need to know about being a real-estate investor, but this one is a good place to start, particularly for people with realistic and modest goals. Others, like those from the Rich Dad series or by author William Bronchick, are also helpful, especially from a psychological perspective. But this book contains some of the best pure information of any I've read. I would advise others in my shoes to grab this book as well as two others I recently reviewed, Inspect Before You Buy (by Charlie Rose) and Your Real Estate Closing Explained Simply (by Michelle Blain), which go into those two areas in greater depth than this book is able to. No ONE book will teach you all you need to know, but these three books as a set come pretty close!



5 out of 5 stars Real estate investing using common sense!   September 26, 2007
  0 out of 1 found this review helpful

I found it an incredibly hard book to put down. The author offers a solid, common sense approach to investing in real estate. Essentially blows away the get rich quick schemes touted by many popular real estate investment books and seminars today. The author discussed at length, the many different types of real estate investing and what works better given certain situations. He also listed types of contacts to make and how to get investments leads. The information provided gave sound advice that was realistic in scope and ideas. The case studies and bonus tips sprinkled throughout the book add an extra measure of "you-can-do-it-too."

Even includes an exhaustive glossary listing of real estate and investment need-to-know terminology and definitions. This is definitely a very informative and necessary book to read before and while embarking on the journey of real estate investment. Avoid the pricy seminars and read this book first.



4 out of 5 stars Great product!   August 14, 2007
  2 out of 3 found this review helpful

I found this book very easy to read and very informative. It made no "get rich quick" promises while presenting the methods that can be used to do so. I will likely read it again soon.


5 out of 5 stars Great ideas and info!   March 20, 2007
  7 out of 10 found this review helpful

With this book, Dan Blacharski has done a terrific job of de-mystifying the world of real estate "flipping" and investment strategies. An easy read, his nearly 300 page manuscript is chock full of useful tips for the first time investor. The glossary of real estate terms in the back of the book is not only helpful, but necessary in order to navigate the often tricky world of realty contracts and laws.

Mr. Blancharski shows how an initial investment of only $10,000 can pay off in millions in the long term, and how it's possible to invest without any seed money at all. At the same time he warns about how over-extending yourself can lead to financial disaster, especially for those who want to "get rich quick".

I can't wait for my husband and I to buy our first property.



5 out of 5 stars Great book, full of exellent information   March 20, 2007
  4 out of 5 found this review helpful

With only knowing the very basics of real estate and being interested in learning more about "flipping" houses, this book was wonderful. Dan covers everything from figuring out how to handle all the paperwork to each step of the process from looking for houses, to selling or renting them.

Dan covers the whole process in great detail focusing on almost every possible situation and telling you how to use it to your advantage or how to get out of a tough spot. He gives plenty of resources and examples by using other's stories as well as his own experiences. He uses these to explain the important points of investing in real estate and to make sure that the reader understands the real estate and banking lingo.

I borrowed this book from a friend, now I will definitely have to go out and get a copy for myself. This book would be great for people of all ages and financial status. He has a way to "dummy down" all the fancy terms and phrases and puts them in a light where anyone can understand them. He also covers all sorts of options to cover any situation no matter the financial status. I think the thing I liked the most besides all the info in a format that is easy to understand and access is that he tells you the truth. When you should and should not use a certain strategy, he doesn't sugar coat anything at all like most sales people do.



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