Real Estate Money Machine: Real Estate Cash Flow Formulas That Really Work [Hardcover]

Wade B. Cook (Author)

Book Description

Publication Date: September 1, 1996

Cook covers over one dozen real estate investment strategies which provide monthly cash flow, allowing readers to understand how to treat investing as a business and obtain wealth quickly from the real estate market. With strategies that are easy to understandand to implement, the focus of this book is on having your money work as hard as you do.

Editorial Reviews

About the Author

Wade Cook was born into a working class family in Tacoma,WA. He has spent his life learning how to make money work for him, instead of him working for his money. For nearly two decades now, he has traveled the nation teaching people how to do the same by using his proven, tried and true methods. --This text refers to the Paperback edition.

Product Details

• Hardcover: 204 pages
• Publisher: Lighthouse Publishing Group; Rev Sub edition (September 1, 1996)
• Language: English
• ISBN-10: 0910019436
• ISBN-13: 978-0910019439
• Product Dimensions: 9.2 x 6.1 x 1.1 inches
• Shipping Weight: 1.2 pounds
• Average Customer Review: 3.8 out of 5 stars  See all reviews (28 customer reviews)
• Amazon Best Sellers Rank: #1,749,664 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

93 of 97 people found the following review helpful:

5.0 out of 5 stars I BUILT A MONEY MACHINE WITH THESE CONCEPTS!, July 23, 1998

By A Customer

This review is from: Real Estate Money Machine: Real Estate Cash Flow Formulas That Really Work (Hardcover)

In 1983 I bought the original version of this book, "HOW TO BUILD A REAL ESTATE MONEY MACHINE" Today, my net worth in Real Estate is over $900,000 with a monthly income stream of over $20,000. That should tell you the power of this book, when applied.

I knew a lot of people who told me I was nuts. They were hooked on the "FIX EM UP" "BUY & HOLD" Traditional Rental Game.

I found that buying real estate was in fact the easy part (I guess a lot of people wanted out, that should tell you something about tradition) and started meeting a lot of real estate owners who were real estate rich, but cash poor. The three T's. tenants, toilets and turnover was eating them alive. I found out quickly that being a landlord was not for me.

I also found that there were a lot of people who wanted to be owners, but didn't have the cash or credit for conventional financing (especially in the REAGAN-OMICS ERA of high inflation)

Th! ese techniques still work today> Try it----you'll like it!

53 of 54 people found the following review helpful:

5.0 out of 5 stars Turns dead equity into cash flow., April 6, 2002

By A Customer

This review is from: Real Estate Money Machine: Real Estate Cash Flow Formulas That Really Work (Hardcover)

I was introduced to Wade Cook via his excellent stock market books. I have created an excellent side income with covered calls, options, stock splits, naked calls and naked puts.Mr Cook advises to take your profits from the stock market and move it into real estate and other places. What thatin mind, I started investing in real estate and bought Real Estate Money Machine and How To Pick Up Foreclosures.Mr Cooks system makes so much sense. Just like his stock market strategies. It's all about cash flow. I know some people who are landlords and hate real estate (I can see why) and all the problems with tenants.As Wade Cook says; "If you'll do for two years what most people won't do, you can do for the rest of your life what most people can never do."I also recommend the 16% solution and Flipping Properties.Great books. Read them and use them.

92 of 98 people found the following review helpful:

5.0 out of 5 stars Funny, no negative reviews here!, July 26, 1998

By A Customer

This review is from: Real Estate Money Machine: Real Estate Cash Flow Formulas That Really Work (Hardcover)

I picked up a old battered copy of How to build a Real Estate Money Machine in a 2nd hand book store and began to implement the strategies here in California where everybody said the Real Estate market was dead and there was no money to be made anymore. When you buy Real Esate the WADE COOK WAY, YOU CAN MAKE MONEY IN ANY MARKET AND IN ANYPLACE.

i AM NOT RICH, but I have a second income from my real estate properties that is more than I make from my job of over 25 years. I don't get calls to unplug a stuffed up toilet, fix a roof, replace carpets etc. I find it's easy to get buyers for my properties since they don't need to go to a bank for financing, I'M THE BANK!

I'm also using Wade's stock market strategies via WALL STREEET MONEY MACHINE, STOCK MARKET MIRACLES AND WEALTH 101.

Mr Cook is somewhat of a trendsetter. He pioneered the "Money Machine Concept" in Real Estate and now is doing the same thing in the stock market.

You won't find any negative ! reviews on Wade here because the concept works. Lease Options are now a proven quantity for Real Estate Investors. Soon, Wade's stock market strategies will be accepted as well as lease options are in real estate only because they work!