Defensive Real Estate Investing: 10 Principles for Succeeding Whether Your Market is Up or Down [Paperback]

William Bronchick (Author), Gary Licata (Author)

Book Description

Publication Date: May 15, 2007

As the real estate market changes after years of aggressive growth, investors everywhere are faced with uncertainty, wanting to know how to prepare for a potential real estate bust and make sure they don’t lose money.
 
In his authoritative new work, Defensive Real Estate Investing, bestselling author and real estate expert William Bronchick provides guiding principles to safe investments for beginning to intermediate real estate investors. This book, based on Bronchick’s successful lectures and articles, gives practical, sensible tips for anyone looking to limit risk and make sound investment choices, no matter what their local market conditions. This easy-to-follow, indispensable guide provides reassurance to investors that they can still make safe choices and achieve maximum, long-term wealth in real estate.

--This text refers to the Kindle Edition edition.

Editorial Reviews

About the Author

William Bronchick, Esq., is a nationally known attorney, author, entrepreneur, and speaker. He has spoken to tens of thousands of people at seminars and conventions nationwide, including the “Get Motivated” Tour and the Learning Annex Real Estate Expo. Bronchick has been featured in countless media outlets, including CNBC’s Power Lunch, Investor’s Business Daily, USA Today, XM Satellite Radio, the Los Angeles Times, and has served as the President of the Colorado Association of Real Estate Investors since 1994.

Product Details

• Paperback: 272 pages
• Publisher: Kaplan Publishing; Original edition (May 15, 2007)
• Language: English
• ISBN-10: 1427754632
• ISBN-13: 978-1427754639
• Product Dimensions: 8.9 x 7.2 x 0.9 inches
• Shipping Weight: 15.2 ounces
• Average Customer Review: 5.0 out of 5 stars  See all reviews (3 customer reviews)
• Amazon Best Sellers Rank: #210,346 in Books (See Top 100 in Books)

More About the Author

William Bronchick is an attorney and best-selling real estate author with 20 years experience. He is the president and chairman of the College of American Real Estate Investors and host of "The Real Estate Expert" radio show in Denver and Houston.

Customer Reviews

Most Helpful Customer Reviews

9 of 13 people found the following review helpful:

5.0 out of 5 stars Things everyone should now before investing in real estate., July 5, 2007

By 

Gary L. Brown (Henderson, CO) - See all my reviews
(REAL NAME)   

This review is from: Defensive Real Estate Investing: 10 Principles for Succeeding Whether Your Market is Up or Down (Paperback)

This book goes past beginners and average investors. There are some great strategies for the advanced investor.
Bill's and Gary's advice on LLC's and c corps. was worth the price of the book alone. I talked to my cpa and their advice will save me $8000 this year.
From the book I found out I was paying to much for all my real estate investments. This book showed me what not to do.
I did enjoy the real live stories also.
Bonus, in the back of the book there are very helpful real estate forms.

6 of 11 people found the following review helpful:

5.0 out of 5 stars Clear, entertaining, and an easy read for newbie investors., July 10, 2007

By 

Jeffrey A. Williams "macc lad" (macclesfield, yorkshire) - See all my reviews
(REAL NAME)   

This review is from: Defensive Real Estate Investing: 10 Principles for Succeeding Whether Your Market is Up or Down (Paperback)

What most impressed me about the book is how they kept the discussions and lessons lively. This made for a much easier read rather than some dry treatise on the subtleties of real estate investment schemes.
The "pop up" style comments by Gary added a break in the proceedings to allow the reader to gather his thoughts and distill what was most important in the particular section.

And, hey, it's a down market, but the book addresses all market conditions and the decision making required in all cases. I echo the sentiments of others that it is as good a place as any for real estate investors to start, and adding techniques that some seasoned veterans have overlooked.

Go buy it!

3 of 9 people found the following review helpful:

5.0 out of 5 stars Required Reading for Beginners, Highly Recommended for all Real Estate Investors, July 28, 2007

By 

Arthur Williamson "Real Estate Maverick" (Chicago, IL) - See all my reviews

Amazon Verified Purchase

This review is from: Defensive Real Estate Investing: 10 Principles for Succeeding Whether Your Market is Up or Down (Paperback)

This is one of those books like "Think & Grow Rich" that will be a classic in its field. Bronhick & Licata share little "how to", but instead focus more on the practical, "in between the lines" advice about investing. This is one of those books that is the glue that holds all the other "niche" books together, putting real estate techniques into real life perspective from a profit or business standpoint.

Great stuff on cash flow. As a landlord, I can tell you that their formulas are right on the money. I liked the "don't get rich quick" advice, and particularly realistic goal setting. The "WOB IN THE MOB NEAR THE BLOB" is classic (got to read it, I don't want to give it away).

This is required reading for beginners, highly recommended for all Real Estate Investors of any level.