25 of 25 people found the following review helpful
Great book, great professor,
By A Customer
This review is from: Investing in Real Estate (Third Edition) (Paperback)
Full disclosure: Dr. Eldred was my professor of real estate when I was in the Stanford M.B.A. program. Unfortunately, I never put his advice and teachings to work.I was too busy with stocks and investment banking.But, having been downsized with the slaughter on Wall Street, I've now decided to turn to real estate and by coincidence I ran across Dr. Eldred's book. I strongly recommend it. Just like the professor himself, this book brims with practical wisdom and a cogently reasoned approach to investing. I only wish I had put this advice into action 15 years ago. I've learned from hard experience that monied investors need to diversify into income properties--and small investors need real estate to provide the income and security that they can't get with stocks or Social Security.