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Are You Dumb Enough to Be Rich? The Amazingly Simple Way to Make Millions in Real Estate Paperback – June 13, 2003
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"...it’s one of the best [books] I’ve read on this specific topic. The real strength of the book is that it takes the reader by the hand and provides practical, possible to follow guidance on how to get started on a path toward successful real estate investment in 120 days by following innovative methods….I would list this book as ‘must read.’"
--The Real Estate Professional
"Whether you are a new or an experienced real estate investor, the fresh approach of G. William Barnett II in Are You Dumb Enough to Be Rich? provides insight about how to get started in 120 days with smart realty investment methods." --Robert J. Bruss, syndicated real estate columnist
"The Real Estate Professional: ""It’s one of the best [books] I’ve read on this specific topic. The real strength of the book is that it takes the reader by the hand and provides practical, possible to follow guidance on how to get started on a path toward successful real estate investment in 120 days by following innovative methods..I would list this book as ‘must read.’""
Robert J. Bruss, syndicated columnist: ""Whether you are a new or an experienced real estate investor, the fresh approach of G. William Barnett II in Are You Dumb Enough to Be Rich? provides insight about how to get started in 120 days with smart realty investment methods."""--This text refers to an out of print or unavailable edition of this title.
Top customer reviews
Wishing you much success in your Investments!!
That said, "Are you dumb enough to be rich" is one of my favorite REI books. It is practical right down to the best way to buy paint. Many of the REI books I read are vague and only have bits and pieces of useful material. This book is not one of them. I read it twice and enjoyed it very much. I appreciate the substance of it and I really like his style. It even made me laugh a few times. In my opinion it ties with Dolf de Roos' "Real Estate Riches" for the best REI books out there. You won't be disappointed.
I really wanted to give this book 5 stars because I think it deserves it, but could only give it a 4 because the book refers us to the site several times for this or that, but when you get to the site you don't see anything he was referring to. This was the only confusing part of the book. The rest of the book is an absolute goldmine - just waiting for you to take action on your dreams.
Do you know the difference between dreaming and reality? The ACTION you take. You can't reap what you don't sow and you can't plow a field by turning it over in your mind. Take the steps to make your dream a reality. One of those baby steps is buying this book. Don't think you can't do it!
" Anybodycandothisbusiness. com.
There is a very extensive and valuable section on the acquisition of HUD properties. The preferred technique for acquiring these properties involves the following steps:
- internet searches
- contact with published brokers and sellers of HUD properties
- the travelling route to the property
- analysis of the property and choosing potential candidates
The author recommends that the potential buyers plan for court
fees, a reasonable profit and provisos for necessary repairs.
The presentation does not promise an easy road to riches.
Instead; the author sets forth the considerable research steps
necessary to acquire and maintain prospective properties without
too much unnecessary effort.
The work is reasonably priced and simple to understand.
The book is a mixture of snippets of advise and part humour.
It suggests to advertise that you want to buy their house by blanket advertising.
then drum up investor to you project by reading a simple script. No money is required.
when the inquiries start flooding in filter out the good deals.
make offer on property. buy with investors money.
renovate or rehab the property.
sell the property hopefully for a large profit.
invest the money with high return government savings.
I've VERY much simplified it but that's sort of it in a nutshell.
Just a few problems: the idea that the odd few thousand stamped addressed letters costs next to nothing. Well
I know this is for American consumption but in UK postage is nigh on 50p 48p I believe. and what about the cost of the envelope?
Were talking thousand pounds minimum to send out about fifteen hundred letters. Then it talks about posters and signs being very effective and cheap.
Sure only to a millionaire that thinks thirty- thousand pounds(/dollars) is loose change. Just employ a company that will put up signs around the community. Yeah right. I can see the reaction by the borough council to that even if I could find a company willing to do it.
I'm sure anyone reading this could also find problems not covered by the book. What if you know next to nobody?
This is very possible, maybe the reader only knows their mum and dad and the bloke at the Jobcentre when they go to sign on once a fortnight.
sure I can see it may work and could be a great idea if you have just left a company and have amassed a large number of business contacts and have a bit of money in the bank to get things rolling, but I'm guessing most won't be so fortunate.
It's clear the authors real motivation in the book is to draw people to his paid live demonstration, just as most do after a while they go on ego trips and tour promoting to the gullible how easy money can be got.
Most recent customer reviews
It sounds so easy, but in reality it just doesn't happen, especially in today's market.
Also book is very useful in making money smart way and
very easy to understand and follow. Thaqnk you.Read more