Customer Reviews

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

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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.

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!

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.