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|Print List Price:||$25.00|
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The Millionaire Real Estate Investor Kindle Edition
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From the Publisher
Gary Keller is a self-made multimillionaire and founder of Keller Williams Realty International, the fifth-largest and fastest-growing real estate franchise system in North America. With over 25 years of industry and investing experience, he's been involved in thousands of transactions. He is also the author of the best-selling The Millioniare Real Estate Agent.--This text refers to an alternate kindle_edition edition.
"On my scale of one to 10, it rates a solid 10." -- Robert J. Bruss, Inman News Features --This text refers to an out of print or unavailable edition of this title.
- ASIN : B000SEKD0A
- Publisher : McGraw-Hill Education; 1st edition (April 7, 2005)
- Publication date : April 7, 2005
- Language : English
- File size : 22879 KB
- Simultaneous device usage : Up to 4 simultaneous devices, per publisher limits
- Text-to-Speech : Enabled
- Screen Reader : Supported
- Enhanced typesetting : Enabled
- X-Ray : Enabled
- Word Wise : Enabled
- Print length : 434 pages
- Lending : Not Enabled
- Best Sellers Rank: #69,540 in Kindle Store (See Top 100 in Kindle Store)
- Customer Reviews:
Reviews with images
Top reviews from the United States
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There is very little in terms of actual knowledge in this book. Do not waste your time.
I have bought this book for many friends and my recommendation is to find 1-2 things they can take away. Mine are the goals (think, buy, own, earn a million) and the personal balance sheet. This to me is GOLD. I update my balance sheet monthly which both allows me time to reflect on the good and also motivates me when I have a 'flat/inactive' month.
I read this book every summer and always pick up something new.
The book is full of super annoying oversimplifications like "do good deals"....and "buy a property that will appreciate over time"....umm duh! And there are direct quotes of similar nature from supposed millionaire investors like "partner with someone who knows what he's doing"....OMG, I can't believe this book got so many good reviews. And then there are the numerous contradictions like "buy a property in a great neighborhood where everyone wants to live", followed by advice to negotiate the least amount on price for that neighborhood where everyone wants to be. In many parts of the country its a seller's market for the great neighborhoods and you will easily blow your budget in a bidding war for location. Additional contradictions that drove me nuts were "decrease rental turnover by pricing monthly rent fairly" but then followed by the advice in later chapters to "maximize your rental income by charging extra fees for pets, storage, parking, utilities....."
At the age of 39 I've built and re-built a solid budget over time but I suppose that chapter might be good for many readers. Additionally, towards the end there is a chapter on taxes which I found helpful. Honestly, I've learned way more about the process of RE investing from some (free) blogs on the web.
If you purchase this book you obviously want to invest in real estate already. First 100 pages are complete fluff mindset talks. There is little to no actual tactics to invest. Not worth the time or money.
My biggest gripe about the book is that the organization of it confused me. The author has divided it up into "Think a Million", "Buy a Million", "Own a Million", and "Receive a Million". The first half was fine, but when I got to "Own a Million" and "Receive a Million" I got confused about the purpose of those sections. There is some duplication of information in the sections, which further confused me. Once I figured out what the author was trying to do, it made more sense, but I still don't like the organization of the book.
I'm a relative newbie to real estate investing, so I can't say where this books ranks among the many books out there. I will say, though, that there is a lot of info packed into the book, so I found it very useful.
Top reviews from other countries
I wonder how many of the millionaire investors he quotes got burned after assuming house prices will continue to go up and up?
The book needs to be updated.
I wonder if it hasn’t been updated because he quit real estate after the crash.
A pre-2007 book on housing is useful for interest only. DONT use it as a business plan.
He talks about house prices rises 1980-2002 and remortgaging as the prices increase, but never talks of the possibility of them slowing or dipping. Seriously I guarantee of lot of these investors went bankrupt.
That said, the points he makes does seem logical, however I’m giving it one star as nobody should use this a a business plan!
Got busy with something else
Full of useful information and steps to follow and all that needs to be taken into account before investing in real estate.