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Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss
 
 
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Rich Dad's Advisors®: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss (Paperback)

~ (Author) "In every business and every industry there are people who just seem to drip with success..." (more)
Key Phrases: replacement reserve, future potential income, actual potential income, Fountain Hills, Real Estate Taxes, Old Town (more...)
4.3 out of 5 stars  See all reviews (73 customer reviews)

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Editorial Reviews

Product Description

Want to get rich through real estate? Then you need The ABC's of Real Estate Investing. It's the definitive guide that will teach you how to find property, evaluate its worth, negotiate the deal and make money in the process. There are no 'get rich quick' tricks on these pages, just proven methods that deliver bottom-line profits and increased property values. -Ken McElroy, Real Estate Investor, Property Management Expert, Business Owner, and Author The ABC's of Real Estate Investing will: * Achieve wealth and cash flow through real estate * Overcome the myths that are holding you back * Find property with real profit potential * Evaluate a property and set your own purchase price * Negotiate the deal based on the numbers * Discover hidden profits in the properties you buy or own * Increase your income through proven property management techniques.


About the Author

Ken McElroy, CEO of MC Management, has over 20 years of real estate experience with 4300 units under construction and management.

Product Details

  • Paperback: 224 pages
  • Publisher: Business Plus (September 1, 2004)
  • Language: English
  • ISBN-10: 0446691844
  • ISBN-13: 978-0446691840
  • Product Dimensions: 9 x 5.9 x 0.6 inches
  • Shipping Weight: 10.4 ounces (View shipping rates and policies)
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (73 customer reviews)
  • Amazon.com Sales Rank: #12,628 in Books (See Bestsellers in Books)

    Popular in these categories: (What's this?)

    #3 in  Books > Business & Investing > Investing > Investments
    #8 in  Books > Business & Investing > Real Estate
    #60 in  Books > Professional & Technical > Accounting & Finance > Industries & Professions

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Ken McElroy
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Customer Reviews

73 Reviews
5 star:
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 (8)
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Average Customer Review
4.3 out of 5 stars (73 customer reviews)
 
 
 
 
Share your thoughts with other customers:
Most Helpful Customer Reviews

 
127 of 134 people found the following review helpful:
5.0 out of 5 stars Finally a "How To" Book on Investing!, January 24, 2005
By Richie Rich (Northern, NJ) - See all my reviews
My expectations were low at first. I've heard so many people bashing GURUs on the subject of investing in RE and thought I'd hear the same advice. I couldn't have been more WRONG!

Ken McElroy, takes the time to explain all the tools you will need in order to be successful in RE investing. The thing I found most helpful is the end of the chapter To Do List. Have you ever read a chapter and moved on to the next chapter without an action plan...Not in this book!

McElroy talks about the things that made him a success as well as a recommended path for you to be successful. He doesn't cover flipping properties. When he does mention Flipping Properties, he advises against it.

I would recommend this book to the beginner and intermediate investor. For 2 reasons, this book will move you into the doing stage of your investing career with its action plan. Secondly, there is no fluff here. He gives you fact after fact.
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82 of 85 people found the following review helpful:
5.0 out of 5 stars A must read. One of the best for true RE investors, September 26, 2005
I have been investing in RE for over 20 years and I have read a lot of books. This one is the best so far and I would say it is a must read.

This book is not a Carlton Sheets (et al) get rich quick balogna book. This is a book for serious RE investors.

If you want to flip properties, this book is not for you. If you want to buy and hold properties, this is by far the best book I have ever read.

The most value of this book is how to properly assess value of a property. Assessing the value of a property is probably the most difficult thing. Not only does he teach you how to do this, he teaches you how to see through the sellers inflated balance sheets and possible misleading Realtor statements.

Also of tremendous value is how to properly manage properties for maximum cashflow. I had no idea I had so much to learn in this area.

What more can I say? Just get the book. I got the audio book and I listened to it at least 4 times.
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86 of 96 people found the following review helpful:
5.0 out of 5 stars Great addition to Real Estate Riches, September 7, 2004
What I like most about the Rich Dad Advisor series is the lack of fluff and that the information is from actual experienced real estate investors like Ken McElroy. Many people who write books and/or conduct seminars have little if any in the trenches real life real estate investing experience.

What makes this program different are a number of things. McElroy shows how to calculate the right price for your property. He explains how to use comps and how to avoid the wrong properties.

McElroy goes into the mathematics of real estate investing more so than any other author.

The ABC's of Real Estate Investing mades a great addition to Real Estate Riches. In concert, these programs will help you achieve financial freedom via real estate.


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Most Recent Customer Reviews

5.0 out of 5 stars The education continues
What can I say but this book gives you an education that you can use to get started. The first one I have read that is more applicable today than the day it was written. Read more
Published 1 month ago by George Skeeters

4.0 out of 5 stars How to Make a Fortune in Real Estate!
The book this week was The ABC's of Real Estate Investing by Ken McElroy. I was introduced to this book by a friend of mine. Read more
Published 2 months ago by Trevor J. Flannigan

4.0 out of 5 stars Great book if you are already rich or can raise a lot of capital.
This is a great book. It tells you all the ends and outs of investing in and generating cash flow from real estate, especially apartments. Read more
Published 2 months ago by Stephen Palmer

4.0 out of 5 stars Great book on real estate investing!
Very practical information about real estate investment. It teaches you how to buy assets, not liabilities and as Robert Kiyosaki always says, "don't work for money, let money... Read more
Published 3 months ago by Mustafa Farooque

5.0 out of 5 stars Teaches you how to build a real estate business
This book is on a completely different level. It is not one of those get-rich-quick schemes. This is for serious real estate investors. Actually, it is more than investing. Read more
Published 3 months ago by Mariusz Skonieczny

5.0 out of 5 stars Good nuggets in here
Suppose many people are unhappy about their real estate investments right now, but that doesn't diminish the value of the contents of books like this one. Some good tips here.
Published 4 months ago by Decorating Lover

3.0 out of 5 stars Very focused on large apartment complexes
Be aware that the author of this book is almost totally focused on how to buy and manage large apartment buildings. Read more
Published 7 months ago by M. Waring

5.0 out of 5 stars A Must Have for your real estate library
Obviously the Rich Dad series has been very successful, and this book is no exception. Still timely today, it's a must read for anyone considering investing in real estate.
Published 9 months ago by Geraldine "Geri"

5.0 out of 5 stars Great Book!
WoW! Ken Malroy makes you think about a lot of different things. It was a great book! I wonder how things will change with the rules of real estate investing changing. Read more
Published 9 months ago by Roddrick Phillips

4.0 out of 5 stars Ok if you still have any money to invest in real estate
If you want a primer on real estate investing from the one million books on the subject, this is another one.
Published 10 months ago by Rick Johnson

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