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| The Pre-Foreclosure Property Investor's Kit: How to Make Money Buying Distressed Real Estate -- Before the Public Auction | 
 enlarge | Author: Thomas Lucier
Publisher: Wiley
Category: Book
List Price: $24.95
Buy New: $10.00
You Save: $14.95 (60%)
Buy New/Used from $8.95
Avg. Customer Rating:  (210 reviews)
Sales Rank: 4732
Languages: English (Original Language), English (Unknown), English (Published)
Media: Paperback
Edition: 1
Number Of Items: 1
Pages: 272
Shipping Weight (lbs): 1
Dimensions (in): 9 x 7.4 x 0.7
ISBN: 0471692794
Dewey Decimal Number: 332.6324
EAN: 9780471692799
ASIN: 0471692794
Publication Date: December 27, 2004
Availability: Usually ships in 1-2 business days
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| Customer Reviews:
 Strong elementary and intermediate advice January 21, 2007
26 out of 27 found this review helpful
OK, let's face it. Foreclosures in this country are going to be a serious issue in the next few years. And it will be no one's fault but the lenders who took on the added risk of investing in too many questionable loans, and the borrowers who had no idea what they were getting into.
Having invested in these properties, and being a real estate sales agent with investors looking for such properties, the search processes Thomas Luccier suggests to find these properties are good. I have been using them and a few others for several years now. His foreclosure letters are powerful...perhaps too intimidating. The spreadsheets are great, I have actually replaced a couple of mine with his!
Overall, I find the book usefull more so for a new investor, but valuable nonetheless even for experienced investors like myself. I'm sure I'll refer to it again in the future.
This book Rocks......Really January 16, 2007
15 out of 16 found this review helpful
This was my first great Pre-forclosure book I have read. It has all the details needed to put together a system to locate and purchase pre-forclosure properties....Fix them up and flip them or keep them as investment property. I really liked his straight forward...no bull approach to business. He tells it like it is. I have read several other books and they all gave me some information....and some outdated examples...but Mr. Lucier walks you through the process from start to finish....and doesn't leave out any steps...and doesn't sugar coat it....This is not a get rich quick scheme....you work hard and get rich eventually...... I would strongly recommend this book to anybody considering pre-forclosure properties.
Pre-FOreclosure January 16, 2007
The book is fine. I'm writing because of a problem when we purchased this item. It did not diappear from my son in law's wish list, therefore he ended up with 2 which did not make us very happy.
THE BEST BOOK ON THE SUBJECT ! January 12, 2007
Read this book first, then read the others. This author is honest about the pitfalls and realistically gives a sound foundation. And being that the market is not strong right now, you need to arm yourself with the truth about the Real Estate, not fluff. This is a great book ... a must have!!!
 Good Book. Mislead about FREE downloads December 16, 2006
10 out of 13 found this review helpful
I picked up a couple good tips from the book. Although the author claims not to be a get-rich-quick type author, it seems he goes a bit overboard with this "messiah message". We get it Thomas, we won't get rich next month in Real Esate.
Even though it is refreshing that he espouses many disclaimers...it almost scares you into not applying the business as he mentions many, many times how cut-throat extremely hard this business is.As an adult who excepts my own actions and resposibilities i can do without the negativity...
I would have rated this book 5 stars had it not been a little less frightening sounding to practice pre-forclosures as he represents the business to be "EXTREMELY HARD". It almost sounds like one should just pass on the business because of all the pitfalls and scams.
Secondly, the cover of the book is misleading as "YOU CANNOT DOWNLOAD THE FORMS FOR FREE". He sell the "forms" on CD on his website.
Important: Once you know what to do you are "on your own" so sometimes bootcamps and seminars from the "right educators" (Ron Legrand) are almost an essential part of the business, This author bundles everyone that is not him as a snake oil salesman. Bad advice!!!
I have done many deals i would have probably not have done if it weren't for the extra support and motivation in seeing others succeed in this business ffrom ongoing education (/courses, books, bootcamps,etc.)
Don't most of the fortune 500 comopanies spend millions on sales training and product knowledge for thier industries?
This author seems to want you to live in a vacuum---- EVERYBODY needs motivation and on-going knowledge from differnt experts every now and then and sometimes it's worth the price of a bootcamp otherwise you will be paying for a bootcamp in the real world with $$$ mistakes.
UPDATE:
Andrew Marin says:
But, was the book useful to you? Did you apply the techniques? I get what you're saying, but want more meat about what's important to me, the prospective buyer :)
Mark Twain says:
I have bought 28 homes on a PRE prior to reading this book and what got me through it was the teachings of a few great courses. This book can be a great start, but it probably won't see you through the deals. Try Ron Legrand's courses.
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