Customer Reviews

Secrets of Buying and Selling Real Estate...: Without Using Your Own Money!

5 star:		(10)
4 star:		(0)
3 star:		(2)
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1 star:		(4)

 

 

I got into real estate investing primarily due to Mr. Shemin's first two books, "Secrets of a Millionaire Landlord" and "secrets of a Millionaire Real Estate Investor." Both of these books were excellent, and I wouldn't sell my copies for the world.

However, this is simply a collection of loosely connected thoughts strung together to create a book. Here is the plan presented in the book -- Find a $250,000 that you can purchase for $190,000 from a motivated seller, and sell it to someone else for $230,000, then retire rich.

Not much of a plan if you ask me, especially when where I live, a $250,000 would be a mansion, not a 3 bedroom 2 bath starter house. A real presented plan would be, do A, B, C, D, etc.

What he is suggesting in the book is not investing, rather it is speculating in real estate. While there is nothing wrong with that, let's call it what it is.

His other book, "Unlimited Riches," which I also own, covers everything here, and is a much better written book. It at least presents a cohesive plan that a novice might be able to follow.

The book updates us on where Mr. Shemin is going in his life, and career. He lets us know that he got out of the landlord business and is now speculating in real estate and "writing paper," (hard money lending) as he calls it.

I have read many what I call "Rah Rah" books. There is nothing wrong with convincing people that they too can succeed in real estate, but this book doesn't even do that.

I always try to find 2 or 3 new ideas, even out of a bad book. While there are a few ideas that make me go, "Hmm, interesting," there are no sonic booms here. The book comes off as an advertisement for his real estate seminars and multilevel marking of some products, nothing wrong with that, but not much else for me to sink my teeth into.

I am presently reading his new book "How to Avoid the 75 Mistakes Every Investor Makes." That book should have been 50 Mistakes, but they stretched a few to get 75. Mind you, they are not bad, just that some didn't even take up half a page, and there are 250 pages in that book.

If you have the money, buy the book, but if you have to choose between this one and another one, pass this one by. However, that said, do purchase his Millionaire books. They are worth the money.

In closing, I'd like to find someone who would write a book on how to check real estate records for liens. You know, the nitty gritty work of real estate investing. Instead, they all want you to pay the $1000 for this information.

Whenever an author touts get rich quick type of message, which this book does, you have to be skeptical. The author even had audacity to include his own promotion of pyramid type of scheme (pre-paid legal service) to the readers. Shame on the author.

I only picked up this book because the author is a gradute of law school, like myself. After reading his book, I have to question his ethical standards. Some of his suggestions are bordering fraud and deceit.

I have read probably twenty books in real Estate in the past six months...this is the worst so far. Whoever is writting is going at light speed and has no concept of teaching or sharing knowledge. It has no depth and he continuosly jumps from one subject to another not covering any of the real issues and questions. The bottom line...don't waste your money.There are "real good books" in real Estate but this is not one of them.
JC

Robert Shemin gives more information and ideas in Secrets of Buying... than one very famous real estate writer gives in four books and another charges thousands of dollars for. It is not a "get rich quick" plan. Remember to get your information from those who know what they are talking about and have done what you want to do, and Shemin is that man. You will always need more information, experts in your area, and experts in different fields of real estate; and Shemin states this in his book.

One real estate book will not solve all of your problems or answer all of your questions, but the bottom line is that this one gives you more than most. I will continue to go back to this book for ideas and to fine tune my investing skills for years. The only thing missing is him taking you by the hand to take action. Take responsability, be persistant, read, educate yourself, stay positive, be careful who you take advice from, take action, and stay positive.

Robert Shemin is the real deal, and walks his talk. His other books have great tools to make the money you desire. "Secrets of Buying and Selling Realestate" is the icing on the cake. It gives you practical advice that you can take to the bank. Robert gives you step by step tools, and takes the guess work out of the realestate picture. Just by reading the book, you can tell that this man has experienced everything he has written about.

Laying the foundation, learning the process, focus, and determination are the keys to a successful realestate business. Robert Shemin does it again. He gives you all this and more. He includes sample contracts, advantages and disadvantages, and most important, how to be creative with making the money you desire.

Guaranteed, you can trust his practical advice and implement his strategies. This book is a winner!!! I highly recommend it to anyone who is a beginner or advanced realestate investor. You will only learn and make real money from Roberts book.

Great book for those who want to know what real estate investing with no money really is. But just the very beginning. You will need much more than just reading a book to actually do real estate deals...

There is a lot of good information about investing in real estate in this book. I feel most of the things he suggests in the book are too vague and require a much more in depth approach.

I do business in Los Angeles and this book is worth more than any single property north of Sunset Blvd. Robert Shemin has an unbeatable system and "Secrets of Buying and Selling Real Estate...Without Using Your Own Money!" is a terrific new addition. His program is about making heaps of $$$ with smarts and heart - a recipe for a happy rich life. I would not be where I am today without this wonderful man's advice. Every successful investor I have encountered over the past few years has shared my admiration for the Shemin system. He's one of the greats and this book (along with his other books) will teach you why and how you can apply his business skills and work ethic to build your own little empire.

Once again, Robert Shemin, boils the complex world of real estate down in to simple techniques that anyone can use. Now his most recent book takes away the final excuse for not making it big in real estate investing....the start-up capital. Robert is a true mentor, a businesss guru insided and outside of real estate, comical, honest, and to the point.

Robert Shemin is the next Bob Allen....only he is in the trenches making deals not just reliving the past. This, of course, makes the input from this book the most CURRENT read as of late in todays marketplace, and it is NOT old 1980's techniques. Fresh, genuine, and quite helpful!

This is by far one of the best books on RE Investing I have read yet. Mr. Shemin brings some new ideas into the world of REI book writing. He mentions creative ways to invest that you normally wouldn't think of, gives examples that are simple and easy to understand, what to do and what not to do concerning contracts in order to protect yourself, and too many other new ideas to mention in this small space. If you are just beginning or are an experienced investor, I would reccommend this book to all levels of investors.