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Rich Dad's Advisors: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss (Rich Dad's Advisors)
Rich Dad's Advisors: The ABC's of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss (Rich Dad's Advisors)

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Author: Ken Mcelroy
Publisher: Business Plus
Category: Book

List Price: $16.95
Buy Used: $3.74
You Save: $13.21 (78%)



New (57) Used (57) Collectible (1) from $3.74

Avg. Customer Rating: 4.5 out of 5 stars 62 reviews
Sales Rank: 2925

Media: Paperback
Number Of Items: 1
Pages: 224
Shipping Weight (lbs): 0.6
Dimensions (in): 8.9 x 6 x 0.7

ISBN: 0446691844
Dewey Decimal Number: 332.6324
EAN: 9780446691840
ASIN: 0446691844

Publication Date: September 1, 2004
Availability: Usually ships in 1-2 business days

Customer Reviews:
Showing reviews 6-10 of 62
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5 out of 5 stars Required Reading   May 23, 2006
 18 out of 19 found this review helpful

I recommend this book for two reasons:

1.Easy to read
2.Practical information

Ken McElroy gives step by step instructions on how to properly evaluate and make offers on multi-unit rental properties. Having read the Kiyosaki books "Rich Dad Poor Dad" and "The Prophecy", I was happy to FINALLY read some practical information. The Kiyosaki books are great motivational material but offer little substance. This entire book is not perfect, but Ken's analysis breakdown of evaluating properties and making offers is absolutely required information. Will this book enable me to make profitable acquisitions? Time will tell, however I feel confident in the process now, with Ken's detailed checklist of how to approach the business.

The only criticism I have is the lack of information about acquisition financing. Ken states that you don't need much money to get started and mentions a deal where he used purely investor money. I would like to have read some detailed information on different acquisition financing he has brokered, and how to target and close investor equity.

Overall though I would say this is a must read for anyone interested in purchasing multi-unit rental properties.



4 out of 5 stars Easy reading and practical step-by-step advice   December 29, 2004
 17 out of 20 found this review helpful

Although I would have liked a bit more detail and more practical how-to, this book on real estate investing (mainly residential) is not fluff and definitely goes deeper than just concepts. It gets into the author's own secrets for REI and also quantative analysis that people who don't even have a real estate or finance background can easily pick up (as long as they know how to add and subtract).


4 out of 5 stars Rich Dad Adopt ME !   February 26, 2005
 17 out of 20 found this review helpful

An excellent read on multi-family and commercial real estate.
Only 4 stars because it is really about the advanced investor in my opion. They deal more with apartment buildings and commerical where the math is critical before you buy. Only somewhat applicaple to a small rent house investor like I hope to become. But well worth the read. Very educational and informitive for the small investor as well.



5 out of 5 stars Buying Read Estate is Tricky   September 2, 2005
 16 out of 19 found this review helpful

There are a million deatails to consider before buying property and the author gives a good account of what it takes to research your market, conduct due diligence, find out the truth of people's statements and even includes his own "due diligence checklist".


2 out of 5 stars Shallow at Best   March 9, 2007
 16 out of 20 found this review helpful

This book was an easy read. Like the two other books that I just finished reading from the Rich Dad series, this one does not have much substance. This book does a great job of convincing the reader of how great real estate investing is. However, it is shallow and does not give enough advice on how to actually get started in real estate investing. Do not waste your time and money on this book!


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