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

Informative and Inspiring   November 22, 2003

This book is a must read for the serious real estate investor. The get-rich-quick people, however, will want to pass on it as the author promises no such thing.


Impressive Information   October 15, 2003
  40 out of 60 found this review helpful

Steve Berges' book, The Complete Guide to Buying and Selling Apartment Buildings, was very inspiring. It does not promise that this will be a simple process: indeed, it will take quite some time from the process of deciding that one wants to accumulate large sums of wealth and when they actually engange in the process of purchasing an apartment, fixing it, and selling it. Berges holds the view that you should focus on buying and re-selling the apartment as a method of accmulating wealth. This is a good idea. Before I bought the book, I thought that one could make more money by simply collecting the rent. Instead, if you put your energy on buying more and more expensive apartments, you can generate higher and higher rents.

Since I am a politically active person, I found Berges' 10th chapter very inspiring. He talks about how many people think you can only become wealthy through stealth tactics--stealing from others, or by inheriting one's wealth. Berges discounts this view by focusing on how heard work and determination can result in anyone becoming quite wealthy. Unfortunately, our "tax the rich" politicians--ahem, the Democrats--still believe it is good public policy to steal from those who work the hardest. It's shameful, and Berges is right to point it out.


Excellent introduction to buying apartments   February 21, 2003
  0 out of 2 found this review helpful

An excellent book on buying apartments...but only if you're considering at least five or six units. Lots of insight into the financial calculations and the valuing of property. If you read it, you can talk the lingo with brokers and agents and not sound stupid.

This book will play a large role in my buying a complex. Highly recommended.


BEST BOOK ON THE SUBJECT THAT I HAVE READ   January 3, 2003
  32 out of 34 found this review helpful

I have read allot of real estate books, as I am involved in this industry, but there are not many books that go into the apartment building side like Steve Berges has done.

This is an excellent book, if you are just getting involved in multi-units, as well as the experienced professional...there is information here that is beneficial to everyone involved in real estate.


A Must Read Book - I HIGHLY Recommend   December 18, 2002
  33 out of 36 found this review helpful

I can't tell you what a great book this is. I started reading it one day and couldn't put it down. It is an easy to read, information packed book for anyone who wants to invest in apartment buildngs. He tells you to exactly how to value the property and exactly what to look for when purchasing a building. I just sent a copy to my brother so he can enjoy it too!