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Millionaire Real Estate Mentor: Investing in Real Estate: A Comprehensive and Detailed Guide to Financial Freedom for Everyone Paperback – March 17, 2003


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Product Details

  • Paperback: 352 pages
  • Publisher: Kaplan Business; Original edition (March 17, 2003)
  • Language: English
  • ISBN-10: 0793166861
  • ISBN-13: 978-0793166862
  • Product Dimensions: 9.1 x 7.3 x 0.8 inches
  • Shipping Weight: 1.8 pounds
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (29 customer reviews)
  • Amazon Best Sellers Rank: #1,293,607 in Books (See Top 100 in Books)

Editorial Reviews

From Publishers Weekly

In theory, making money in real estate is a matter of simply selling a property for more than you paid for it. Naturally, there's a bit more to it than that, and Whitney, who's made millions buying and selling real estate and offers his advice through classes and books, here walks potential buyers through the fundamentals of real estate investing, including finding property, arranging financing and locating buyers. By explaining the fine print, Whitney gives readers the tools they need to approach the real estate market smartly. He supports his lessons with dozens of mini-profiles-including photos-of his students, all of whom have turned healthy profits following his advice. Although the relentlessly optimistic tone (e.g., "A million in debt will be a million in net") makes light of the risks of cashless investing, Whitney's advice is primarily practical. For example, much is made of how a fresh coat of paint, new carpets and a well-kept lawn can increase the resale value of a property. Whitney also includes helpful worksheets for pricing properties and sample contracts for creating an option to buy. Whitney's program relies heavily on creative financing schemes, such as loans from hard-money lenders and sandwich mortgages, but in the end, Whitney's real secret is salesmanship: "When you have a plan and know your options, you will be confident and unafraid-and have all the ammunition you need to become very wealthy."
Copyright 2003 Reed Business Information, Inc.

Review

...every serious real estate investor should read it ... on my scale of one to 10, this book rates 9.5. -- Robert J. Bruss, Tribune Media Services

More About the Author

Russ Whitney overcame a difficult childhood and went on to build a solid, successful life as a family man, civic leader, self-made millionaire, philanthropist, best-selling author, mentor and businessperson.

Even as he pursued his legendary business successes, Whitney never neglected the priorities of family, faith and friends. He says his three children (now adults) and granddaughter are his most meaningful achievement and are always a motivating force in his life.

Whitney's latest venture, Inner Voice(tm), grew out of his own personal search for the true meaning of life and our reason for being. After five years of research and study, Whitney introduced Inner Voice to a worldwide audience. Today, Whitney's private quest has evolved into a very public, rapidly-growing, always-evolving on- and off-line community and is now becoming a way of life for members around the world. He says Inner Voice is the most important discovery of his career.

Personally and through his education products, Russ Whitney has trained millions of individuals around the world in personal success strategies and sound wealth-building techniques, and mentored them as they put their education into practice. He has candidly discussed his own business successes and, more importantly, his mistakes and failures, using them as both learning opportunities and teaching opportunities.

Through the development of the Inner Voice way of life, Whitney discovered that his primary purpose in life is to teach and help others reach their full potential through the Inner Voice experience, training and coaching. He continues to serve as a hands-on coach and mentor for many members of the Inner Voice community.

An entertaining and inspirational speaker, Russ Whitney has shared the stage with some of the world's most respected motivational and entrepreneurial thought leaders, including the late Lady Margaret Thatcher, Britain's first female prime minister; former U.S. Presidents George H.W. Bush and Bill Clinton; as well as well-known figures such as the late Zig Ziglar, Tony Robbins and others. The message Whitney now shares goes beyond motivation - he delivers a life-changing action plan that has positively impacted millions of people.

Whitney began his public speaking career in 1984 with the publication of his first book, Hurdles & Pitfalls. Over the years, he has appeared in venues of all sizes around the world, with audiences ranging from a small class to auditoriums packed with as many as 30,000 enthusiastic fans.

Customer Reviews

Great Stuff Russ!...and Thank You!
Adam E Kaye
What I found was a powerful step-by-step "How To" book on Real Estate Investing.
Marc
In other words, just another sell for his on going training.
B. Moncrief

Most Helpful Customer Reviews

36 of 41 people found the following review helpful By Matt MacPherson on May 30, 2003
Format: Paperback
This book was very helpful. It covers a wide rang of real estate topics that new investors should all explore. However, it's definitely for the NEW investor only. If you're a seasoned pro, this book has no use to you. This book goes over Wholesaling, Lease Options, Foreclosures/Preforclosures, Auctions, Mobile Homes, Government Grants, Rehabbing, Property Management, Notes, Asset Protection and a few other chapters on different things. It's a book that covers generally everything. If your new, get it and find out what technique you like best then go out and get a course or a book on that single technique, master that technique then go out and master another. Again, this book is for people just starting out in real estate and not for the intermediate level investor.
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73 of 87 people found the following review helpful By A Customer on February 4, 2004
Format: Paperback
You should always take any Amazon "rating" and subtract about 2 stars since they delete the unfavorable reviews and let the authors write many 5 star reviews under different names and post them.
This is the third or fourth reveiw I've written for this book. It is esentially a collection of late night TV commercials so save your money. You might also do an internet search on the author's name before buying.
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49 of 58 people found the following review helpful By James H. McDuffie on June 18, 2003
Format: Paperback
I have always been a real estate sceptic (at least a sceptic) but I have to admit I like this book. The testimonials are a nice touch and some make sense for me. I am primarily a stock market investor. That is what I know and understand best-it is my specialty. I have alway had an interest in real estate but I really did not understand how to go about it. This book provides some very usable techniques for the newcomer. Also techniques for avoiding losing money are presented throughout the book. I only have two complaints but they are not really about just this book. First, there is no section that deals with the risks of real estate investing in an explicit way. This is a peeve of mine with both stock investing and real estate investing. The tone shall we say is upbeat and devil take the hindmost. There is no crime in explicitly discussing risk and I do not understand why people do not do this when they write books about real estate and stocks. Nevertheless this book contains much more information on how not to lose money than virtually any other book on real estate I have seen. Second, I wonder about the level of research and exposure in the real estate arena. In stocks the vast majority of profit is made at the market level with the complete curve being gaussian. I wonder if the same is true in real estate or if there are real opportunities to "beat the market" in real estate. But these are advanced questions that reading this book got me thinking about and that is good. This is the first real estate book I have read which could convince me to participate.
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36 of 46 people found the following review helpful By Amazon Customer on August 7, 2003
Format: Paperback Verified Purchase
If you enjoy watching get-rich-quick late night TV, by all means, buy this book. For the rest of the real investers, go do a Google search on the author's name. Spend a few minute researching before spending your money. I did the research and brought the book anyway, because I want to see what Whitney has to say. It turns out a lot better than I had expected. I think he copied a little here and there from other books.
I would not recommand this book to beginners, because they don't know enough to know what they don't know, and this book only teaches and motivates readers enough to get them into trouble.
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18 of 22 people found the following review helpful By B. Moncrief on August 3, 2004
Format: Paperback Verified Purchase
While the book is well written, it gives no knowledge to the real estate investment game. It seems more like a build up to get the readers interested in what they may succeed at, with his instructions. In other words, just another sell for his on going training. Save your money and watch the infomercial. It's about the same information and interviews.
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11 of 15 people found the following review helpful By Review Monster VINE VOICE on May 5, 2003
Format: Paperback
I don't believe in real estate. I don't. I don't. I don't.... Okay maybe now I do ;) Mr. Whitney has written a really approachable book. He has a flowing writing style that makes this complicated realm, real estate investing, very understandable.
Where his book shines, and which could have been very cheesy, is his use of testimonials and pictures of his students. These are ordinary people with ordinary problems using extra-ordinary solutions to solve their financial problems and to reach their financial goals.
I have been against real estate for the past 20 years, ever since my parents' lost their first home to foreclosure. For all of my professional carreer I have been involved with futures as a broker, investor, and I have authored three books about futures and options ... During all of that time I have ignored or looked down at real estate with disdain. Not anymore. Mr.Whitney makes sense and you should put a copy on your shelf today.
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2 of 2 people found the following review helpful By Hoppaguy VINE VOICE on April 17, 2007
Format: Paperback Verified Purchase
This book is not that useful in that it does not cover any investor return topics surrounding real estate. By that I mean the book does not cover any techniques for measuring your return on a piece of property. It does give some general idea of different areas of real estate, however he does make mention many times that you should attend his seminars.
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19 of 28 people found the following review helpful By Kenneth Cormier on April 26, 2003
Format: Paperback Verified Purchase
Wow! After reading Russ Whitney's book, "Millionaire Real Estate Mentor," I am reminded that I will have to work for myself if I am to retire the way I envision. I also realize that I could have helped my neighbors survive the foreclosure on their house without them going bankrupt. Actually, if they had read the book, they could have saved themselves from bankruptcy. I am attracted to real estate because I know that it is the most stable way for me to create a secure future for myself. Anyway, this book is written in language I could understand, and covered every aspect of real estate investment I have ever heard about, and more. I plan to put this book to good use. Right now, I am looking at rehabbing distressed properties, and later on, I am considering delving into rentals and lease options. This guy knows what he is talking about.
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