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 Location:  Home » Buying a House » General AAS » Be a Real Estate Millionaire: Secret Strategies To Lifetime Wealth TodayDecember 1, 2008  


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Be a Real Estate Millionaire: Secret Strategies To Lifetime Wealth Today
Be a Real Estate Millionaire: Secret Strategies To Lifetime Wealth Today
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Author: Dean Graziosi
Publisher: Vanguard Press
Category: Book

List Price: $24.95
Buy New: $14.82
You Save: $10.13 (41%)
Buy New/Used from $14.82

Avg. Customer Rating: 3.5 out of 5 stars(35 reviews)
Sales Rank: 1373

Format: Illustrated
Languages: English (Original Language), English (Unknown), English (Published)
Media: Hardcover
Edition: illustrated edition
Number Of Items: 1
Pages: 296
Shipping Weight (lbs): 1.2
Dimensions (in): 9.4 x 6.1 x 1.2

ISBN: 1593154461
Dewey Decimal Number: 332.6324
EAN: 9781593154462
ASIN: 1593154461

Publication Date: September 25, 2007
Availability: Usually ships in 1-2 business days

Customer Reviews:
Showing reviews 16-20 of 35
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1 out of 5 stars Awful!   November 25, 2007
  18 out of 25 found this review helpful

This book is awful. A complete waste of $. Here's the book. Buy Low Sell High. Now I've given you as much advice as this clown.



1 out of 5 stars Another Motivational Book, Useless   November 10, 2007
  51 out of 58 found this review helpful

Ay, once again, the "real estate gurus" come to us with another motivational book with little subtsance. I don't need motivation to invest in real estate, I need knowledge and skills and this book is like so many out there. I don't want to feel good about investing in real estate after I read a book. I want to learn thigs I didn't know before and learn things others won't know. That is how you become a great investor.

That said, if you want to feel good about real estate investing, you might want to read this book. If you want to learn several ways to make money from the real estate bubble (including the stock market) and learn how bad the bubble really is, you should check out Cashing in on the Real Estate Bubble I have already made a huge killing in the stock market by reading it.



2 out of 5 stars Not a path I would follow   November 9, 2007
  135 out of 151 found this review helpful

As a couple other reviewers said, this is mostly a motivational book. There's certainly nothing wrong with that. But one is reminded of a famous real estate guru who led us down a similar path and got into quite a bit of legal trouble. Little of what he said was true. Yet he sold a multitude of books. So, buyer beware.

Here are a few things you'll see:

"Instead of looking for properties to buy, fix, and quickly sell (flip) for a profit, I look for foreclosures and distressed properties that I can buy for a major discount, rent to pay expenses, and sell when the market goes back up. For example, a few weeks before I wrote this, I purchased a two-family home in foreclosure for less than $60,000. I immediately refinanced the property for $192,000 and walked away with a check for well over $100,000 after all expenses were paid, and I still owned the property! Now I can rent this property to cover the mortgage and when the home market takes off again (and it will eventually), I'll be able to sell it for a profit or hold it through the next up cycle."

OK, so what's wrong with that? Well, on the surface, nothing. But I have a number of clients in this business who did just this. They're now in bankruptcy. And the current market "does" matter, no matter what the author would have us believe.

There's no harm in reading a book like this. But be very careful in taking advice from this author, or any author. You can lose everything you have in real estate --- especially in today's market.






5 out of 5 stars This book keeps a special spot on the shelf   November 8, 2007
  4 out of 28 found this review helpful

in my Beanie Baby room, right above my baseball card collection. When all my millionaire friends are over for a candle or jewelry party, we take turns reading from it.


3 out of 5 stars Lots of "Rah-Rah" With Some Real Estate Thrown In   November 5, 2007
  3 out of 14 found this review helpful

What can I say? There is a lot of interesting (and true -- even helpful) motivational advice, which is okay. The real estate stuff is very basic. Considering all of the really good real estate books on the market, I'm just not sure if there's a need for this one.

In the spirit of full disclosure, I should say that I am an attorney, real estate broker, investor, trainer, and author of another unique and highly readable book on real estate investing that can also be found here on Amazon -- The WealthLoop Series Beginner's Guide to Building Wealth Buying Houses: The Foolproof Roadmap to Real Estate Riches Without the Risks and Hassles of Landlording. The book also includes sample leases, forms, and checklists, so that you can actually go out and implement the investing strategy it teaches as soon as you're done reading.

A related program that's well worth checking out is:

The WealthLoop Series Beginner's Guide to Personal Wealth Creation (Combo Audio/Data CD): Audio Seminar With Downloadable 40-Page Action Manual and Active Link Library.



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