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How to Make One Million Dollars in Real Estate in Three Years Starting With No Cash Paperback – January 25, 1989

1.7 out of 5 stars 11 customer reviews

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Product Details

  • Paperback: 259 pages
  • Publisher: Prentice Hall Pr; 2 edition (January 25, 1989)
  • Language: English
  • ISBN-10: 0134236742
  • ISBN-13: 978-0134236742
  • Product Dimensions: 0.8 x 6 x 9.2 inches
  • Shipping Weight: 1 pounds
  • Average Customer Review: 1.7 out of 5 stars  See all reviews (11 customer reviews)
  • Amazon Best Sellers Rank: #1,396,224 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

By A Customer on June 29, 1999
Format: Paperback
Of the few dozen books I have read on the subject of real estate investing, this is perhaps the least desirable. This book rates high on incredible hype and low on any real substance. The author skips from one incredible deal to the next, showing how yes, you, your neighbor, or even the village idiot can make millions of dollars with virtually no risk, no expertise, and of course, no instruction on his part. As another reviewer stated, I always finish a book to search for those "pearls of wisdom" as well as to give an acurate review of the book as a whole. I found no pearls here.
If you want a good book on real estate, try Robert Allen or Wade Cook. If you want something to wrap fish in, buy this book.
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Format: Paperback
This is basically a marketing ad for Mr. Hicks own publications. Very Impractical. His guide is summed up at the end of the book in about 3 pages. DON'T waste your money or time...
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By A Customer on March 24, 1999
Format: Paperback
Don't even waste your time on this one. You can almost hear the infomercial. All this book does is promote the author's own business of newsletters, magazines, and other books on making money in real estate. It does not really give any concise plans or insider tips to truly making money in real estate investing. One would probably win a million dollars in the lottery quicker. The novice in real investing would be lost!
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Format: Paperback
JOHN T REED GURU RATINGS PAGE:
A reader was kind enough to give me Hicks’ 1989 book How to Make $1,000,000 in Real Estate in Three Years Starting With No Cash. First, the title is ridiculous. The third page of the book lists Hicks’ other book titles. Almost all of them trigger item #20 of my BS artist detection checklist. If I were forced to write a book by the title Hicks chose for this book, it would be very narrowly focused. I figured that’s what Hicks would do. I mean how many ways can there be to make $1,000,000 in three years starting with no cash? The way Hicks tells it, it almost doesn’t matter which approach you use: conventional financing, credit-card loans, raw land, residential property, commercial and industrial property, islands, fixers, motels, limited partnerships, condos, stock market, theaters. This is absurd.

Not wanting to waste much more of my time on Hicks, I just checked out the raw land chapter. It defines raw land, lists obvious advantages and disadvantages (e.g., cheap, pays no income), says its valuable because it’s a limited commodity, says to buy in the suburbs of a major city in the direction of growth, etc. This is conventional wisdom. It’s not worth a nickel, let alone the price of the book.

Since majority rules in elections, I suspect there is a rule that you must have at least three voters to hold an election and that there is some government agency which oversees elections to make sure they are honest. To vote in a town election, you have to live in the town. Ghost mining towns may be uninhabited, but they are not unowned and they have posted "No trespassing" signs. In order to live in the town, you must buy or rent from the owners, neither of which is likely when you have no cash. I am a Harvard MBA.
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Format: Paperback
After reading numerous chapters of "you can do it" and repeated citings of big $$ acquisitions without mention of cash flow risk, I found myself skimming over the fluff in search of pearls of wisdom. There are a few but Ty spends too much time motivating, and not enough time or detail on how.
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By A Customer on June 6, 2000
Format: Paperback
I would rate this a negative if I could. This book is a scam with very little practical info, mainly just a sales job for his other junk. You will sink yourself very fast using his methods.
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