Top critical review
473 people found this helpful
Below Mediocre basic advice ..Waste of Time!
on October 12, 2007
On a sleepless late night I heard Dean on an infomerical promoting his book . He was impressive with his argument that this book specifically caters to the small window of opportunity that has arisen after the real estate and subprime meltdown. I have no doubt that Dean is a success story , a schooldrop out who became a millionaire by using real estates.
However I purchased ( actually pre-ordered) the book with a hope that he will have 'replicate'able real techniques (not hype and fluff) for real estate success.
Alas, a mega disappointment. The book can be broadly divided into three lifeless sections.
1. Motivational stuff
2. Basics of Real estate
3. Some sprinkling of Professional information
MOTIVATIONAL STUFF: This is the most annoying part of the book. If i want a motivational book, I wil buy one, not this book where I want specific ways to play this real estate market. Not convinced, here is a snippet
Chapter 8: Removing your Mental blocks to success (page 98 -113)
Subtitles: The power of choice
Break from the past
The fear of change
The fear of criticism
The importance of personal integrity
Chapter10 :Finding the time to improve yourlife (pg 124 - 135 )
Subtitles:Twenty-four hour time wrap
Where does your time go?
Plan your time
Manage your time
Tips for guarding your time
Tame the telephone
Delegate and replace yourself
Deal with information overload
Use the internet sparingly
Increase your discipline
Page fillers with some 'real life'story.. Can Dean explain how these motivational rhetoric help me make money?
BASICS OF REAL ESTATE:
Although irritating, I can live with this section since it gives some basics that probably anyone with simple reading habit would have known. These are another set of page fillers sprinkled with motivational stories
Chapter6: Getting started
Subtitles: Finding property to buy
Analyzing the property
Negotiating a price
Getting the money to pay the price
Selling the property
Titles are good,but if you are not aware of this basic level of information(provided), and you are motivated to act based
on this book, your chances of making a millionaire is better in a lotto!
Chapters 16 - 18. This covers stuff like tax liens, preforeclosure, REO's etc. again it focuses on academic information and not something on which you can act upon( advices users to go to courthouse and no mention about realtytrac).I can accept this sections having some relevance to the title of the book
[...]My review will be deemed 'unhelpful' by several of those who have interests in seeing this book successful.
Spend some time with your kids , watch a movie or take a nap than wasting your valuable time on this book.