- 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)
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How to Make One Million Dollars in Real Estate in Three Years Starting With No Cash Paperback – January 25, 1989
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Top Customer Reviews
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.
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.Read more ›
Most Recent Customer Reviews
The fact is, this book isn't perfect, but what real estate book is? Yes, some of the examples here are a bit oversimplified, but that that, to me, is a fairly minor flaw. Read morePublished on March 4, 2006 by T F
Mr. Hicks plays on the inexperience and the desperate. He focuses only on the successes and does not mention the possible pitfalls in real estate. Read morePublished on April 5, 2000
This book was first published in 1978!
I seriously doubt Mr. Hicks rewrote one word of this book for the 90's.
Gimme a break! Click on Mr. Hicks' name under the title. Read more