Customer Reviews

A 20,000% GAIN IN REAL ESTATE: A True Story About the Ups and Downs from Wall Street to Real Estate Leading Up to Phenomenal Returns

5 star:		(13)
4 star:		(3)
3 star:		(1)
2 star:		(1)
1 star:		(0)

 

 

I virtually could not put this book down! READ IT! You will love it as much as I did, and you may go back time and time again to look up structures, quotes, and inspiration!

This book is a must read on many levels. It's extremely true to life and the historical times on Wall Street starting in the early 90's and the real estate markets at the turn on the millennium.

Unlike other business books that you may read, which are written in a way to result boring, or are just self promotional tools with no real content, and where the strategy employed to make money is not really revealed, this book will guide you through a step by step account on how wealth in real estate was created.

The book covers the author first as a million dollar producer on Wall Street, and as an investment professional with his own investment radio show in New York, and later as a real estate entrepreneur.

The first part of the book covers Kevin Kingston, the author, as he embarks on a stock broker career on Wall Street. I am a very good judge of that world, as I was already a Vice President in an Investment Bank in 1993, whereby I eventually became an Institutional Broker in 1994, and moved on to run a Hedge Fund in 1998. So take it from me, this book is the real deal; the characters, their personalities, circumstances, and the state of the markets, are all real and immediate. There is nothing artificial or constructed in this book. If you really want to know how things happened on Wall Street in those years, pick this one up, you will not be disappointed.

Later in the book, Kevin Kingston covers his entry and acclamation in the world of real estate. He guides you through every deal, one by one, including the structuring, financing, operations. Everything.

If you want to learn in real estate this is the step-by-step account which you cannot miss.

This Book is very entertaining. The facts and events come to life when you are reading, and you cannot stop. The book is filled with quotes of notables in the world of business, real estate, philosophy. It provides a reference to the texts which have inspired the author into real estate.

My personal feeling is that this book is maybe the only tool you need in real estate, but it surely is one of the most important. You may use it as such, and you may use it as a starting point into the over twenty references which are used in this book.

You will read this one many times, as you will want to go back to it over and over again.

Did I mention how much fun this was?

The authors invested an initial $346,000 and after 5 years write they have combined net worths of $6,000,000. Very impressive but by no means 20,000% return. They did an impressive job of initially acquiring and upgrading small residential properties and the book is a nice short read about that. But they built their business by buying properties yielding 30-50-60% cash-on-cash returns, something I doubt can be done, or duplicated, now after this past five-year real estate explosion. Even they admit yields are now more like 7-9%.

I couldn't put down this book. If you're thinking about investing in real estate, this is the book to read. The first half of the book is about his life on Wall Street, and brings the reader into his world and situation. In the second half of the book, Kevin not only gives very practical advice that other real estate books only vaguely touches on, but the story is intriguing and inspiring. He gives specific real life examples of his real estate deals. Thanks for a good read.

This book is a really great read. I read this book in about 2 hours in one sitting. I simply could not put it down. I really related to the stories that Kevin shared about working on Wall Street.

The section on real estate was really incredible! Kevin and his partner managed to amass an incredible amount of positive cash flow property in a very short period of time with very little initial cash. As an active real estate investor, I can tell you that the hardest part in becoming a real estate investor is starting out and finding the money and the deals. Finding the deals is harder than finding the money. Kevin walks you through the detailed process of how he finds positive cash flow buildings and then proceeds to make them even more positive by boosting rents and maintaining the properties and the types of tenants. This information is very valuable for beginning real estate investors. Kevin shows you how to "think out of the box" and find deals even when everyone else thinks that they are not out there.

Kevin managed to find deals with 14% cap rates when most realtors were telling us that 7% was the norm. Read this book for insights on how to become a better real estate investor.

A great read - highly recommended!

Lex Levinrad, author of "What I Learned On Wall Street: Why Real Estate Is the Best Investment".

First, the title must just be for eye-catching purposes, because no matter how you value his portfolio, he made nowhere close to a 20,000% return on his initial investment. And be forwarned, when he says its a story '... from Wall Street to Real Estate...' he means it. 40 pages of this 124 page book are about his stockbroking career. Having said that, it is a great book about what to look for, even though he himself even says it will probably be next to impossible to find these type of returns in todays market, and how he did it.

I read this book a few times and have used the principles outlined to do a couple of deals myself. Similar to the author I used the equity in my house to purchase 2 apartment buildings and now have more equity in those two buildings than I can believe. This is the book that pushed me to do it and I would highly recommend reading it!

I was on the fence about using a credit line to invest in the stock market or real estate, boy am I happy I read this book. It was just what I needed at the right time and helped me realize the importance of cash flow, leverage and principal pay down.

Kevin made me a fortune with his investment strategy when he was on wall street! he is a dynamic person and his simple explanation of real estate investing is easy to understand and very informative. this is a must read!

This book is GREAT! What can I say- it's on my bedside and I can turn to it anytime I need to. The book as well as Kevin the author are excellent resources. I emailed him with some questions and he replied promptly.

Highly recommended to novices and pros alike-

Now he can add Best-selling Author next to his other accomplishments!

The book was descent, far from the best book I've read on the subject of real estate investing. However, the author does an excellent job in sharing the tactics that he used to purchase commercial property by using as much
leverage as possible,with a partner. I highly recommend this book and "2 Years to a Million in Real Estate
by Matthew A. Martinez. A MUCH better read and contains allot more information on the same type of concepts

This book is good for everyone who wants to invest in real estate. I'm from Hong Kong and the real estate there is crazy. the price of the real estate is so high that you can't get any return no matter how high the rent is. In America, we can always pay out the mortgage payment through collecting monthly rents! This book show you how the author made his first deal and give you motivation and encouragement. QUICK, BUY, AND READ, AND LEARN FROM HIS EXPERIENCE for just 20 bucks! I guarantee that you must be satisfied!

Don't just work for your company all day long! Go INVEST NOW!