Making Big Money Investing in Real Estate: Without Tenants, Banks, or Rehab Projects
Author: Peter Conti, David Finkel
List Price: $18.95
Our Price: Click to see the latest and low price
ISBN: 0793154154
Publisher: Dearborn Trade Publishing (June, 2002)
Sales Rank: 878
Average Customer Rating: 3.91 out of 5
Customer Reviews
Rating: 1 out of 5
Don't waste your money
I have been to a Finkel and Conti seminar and have read this book. Fortunetaly, I did not pay for the book. They provide no useful information, and promote practices which can be considered highly unethical. I am a real estate agent and a full time investor. If you really want to be an investor, buy ONE book, find someone who is already actively investing, and learn from them.
Rating: 2 out of 5
Which reviews to believe? the 30 dated on July 16, 2002??
Finished reading this book quickly and am very interested in starting a RE investing career. The Authors paint a lovely picture of financial freedom. The purchase option lease in theory sounds very inticing.
I have 3 problems:
1) They never give you the language to use in with the seller in hammering out a contract. And knowing the bare minimum about investing in real Estate I am thinking you need some VERY specific legal language in any kind of deal like this. So now, i need to go about paying a real estate lawyer a big chunk of change to write the contract for me? And this can be done overnight? Before the owner changes his mind..?
2) It could take literally months and months to find a tenant-buyer - and then what, $2,000 a month that I dont have is coming out of my pocket?
3) The big red flag here: - I had come to the review section looking for some honest feedback - And then proceed to find about 30 of the 50 reviews all posted on or about July 16, 2002.
And 90% all give 5 stars. Unfortunately Ive become more skeptical because of this.. And not many actual testimonials of people giving actual sucess stories.. Only things like "what a great book" and "the best real estate book money can buy" etc etc
Rating: 1 out of 5
Don't Go Here
The title gives you all you need to know about this text if you have any intuitive sense and that is, keep looking. The book presents itself as a simple, EASY way to increase your wealth and it sounds too good to be true for good reason. Similar Products
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