Sencbcc.org - Loans, Finance, Real Estate and Small Business

Solid   April 27, 2004

The market is flooded with marginal tomes on flipping single family houses, buying rental houses, no money down deals, ad nauseum. This is a breath of fresh air.


Excellent book, but there's always room for improvement   March 21, 2004
  15 out of 16 found this review helpful

I had been in investment properties for several years without reading any books on the subject. Most of my experience was with multifamily houses. When I started contemplating expanding into larger properties I decided to read up on the subject and selected this as one of the first books.
I have been impressed with the content and the style of the book and wish that I had read it before getting into the business in the first place. His business practices and theories seem to be very sound and with a little forethought they can be applied to differing property markets. His examples are fairly well explained and displayed.
Overall this is an excellent read on this subject. That said, I do have some comments for improvement. In the financial explanations and examples he gives brief explanations. While I know this book is not meant to cover Finance 101, I would have appreciated a glossary with a bit more depth to the key financial concepts.


Best Book on Investing in Real Estate!   January 27, 2004
  15 out of 17 found this review helpful

I have been wanting to venture from investing in single family homes to investing in multi-family for several months. This is the first book that has made the process of buying & selling apartments easy to understand. This book is excellent, easy to read, and very informative. Some books are so complicated, you have to read a sentence over and over again to try and comprehend it. Other books are so basic, you read through the whole chapter and feel you haven't learned anything. Steve Berges makes learning a pleasure, with good examples, and step-by-step processes. Best book I've read in quite a while!


Still the Best I've Read So Far - The Real Deal!   December 30, 2003
  22 out of 24 found this review helpful

I decided to start REI about 6 months ago, and have read about 20 "serious" books on real estate investing since that time. This was one of the first books I read and, after reading many more, it is still just about the best. I am planning to go back to it for a second read shortly, and will buy Steve Berges' new book when it comes out.

It also gave a credibility boost because many of his investing experiences were in and around Houston, where I lived and owned real estate myself for many years. He's the real deal!


Worth the read...if you're new to the game.   December 2, 2003
  9 out of 13 found this review helpful

This book give one point of view; buy-fix-flip. He has no appreciation for...appreciation. That said, if you want to know the basics of creating additional value and moving on to the next property this is a great start.