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The Book on Rental Property Investing: How to Create Wealth and Passive Income Through Smart Buy & Hold Real Estate Investing, by Brandon
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Practical, real-world advice for those looking to build wealth and cash flow through rental properties!
The Book on Rental Property Investing, written by real estate investor and co-host of the BiggerPockets Podcast Brandon Turner, contains nearly 400 pages of in-depth advice and strategies for building wealth through rental properties. You’ll learn how to build an achievable plan, find incredible deals, pay for your rentals, and much, more more! Real estate investing will never again be the same!
If you’ve ever thought of using rental properties to build wealth or obtain financial freedom, this book is a “must-read.”
- Sales Rank: #10164 in eBooks
- Published on: 2015-12-01
- Released on: 2015-12-01
- Format: Kindle eBook
About the Author
Brandon Turner is an active real estate investor and works at BiggerPockets.com. He invests in all types of Flips, Apartments, and Buy-and-Hold properties. He is also an Entrepreneur, World Traveler, Third-Person Speaker, Author and Husband.
Most helpful customer reviews
103 of 108 people found the following review helpful.
Another BS Real Estate guru promoting his site?....
By kat_meisterr
It only takes a few seconds for you to realize that the author is affiliated with the site www.biggerpockets.com . Oh great another real estate investing guru who just so happens to funnel you into his site! But what happens when you get to the site? What services do you have to pay for to get real estate investing Information? The same thing that happens as you continue to read the book, you star to say Wow This is great information! This is better then most of the top books on real estate investing, actually explaining "how" to get started and actually steps of action to take. As I read and explored the site I realized this book is amazing and the author knows what he is talking about and actually wants to help instead of asking me to sign up for a week long crash course on making millions of dollars in real estate. Does the author say it's easy to become rich over night? No he doesn't! He shows how any average person can get involved in rental property investments. This book is one of the most comprehensive books on the topic. I would recommend this book to people who actually want to learn and get into real estate investing. This is one of the few books that is not only a good introduction but also has a ton of information for seasoned real estate investors as well. I was truly amazed and to think I almost skipped over this book because I thought it was one of those real estate scams! Great book with great information.
12 of 13 people found the following review helpful.
Great Insights & Easy Read!
By Richard
I can't speak for how this book will be perceived by experienced real estate investors, but I know that for myself, as someone with relatively little prior knowledge of the business, this book was extremely informative. After giving a lot of general information about real estate investing, the book takes you through the entire real estate investing process in pretty good detail, from analyzing deals, to submitting offers, to obtaining financing, and eventually to how to manage your properties after the purchase. This is just a great read with tons of information, presented in an easy-to-understand way. If you're new to rental property investing, you will absolutely learn plenty by reading this book, and because of the somewhat "chronological" layout of the book with regards to the investing process, it makes it easy to go back and find particular information quickly. So this will make a great reference tool even after you've read it.
22 of 25 people found the following review helpful.
Nothing more than common sense
By Emzet
Here is my opinion - and that's just it, it's an opinion, and it's personal, and you don't have to agree with it.
I don't mean to be harsh, but I *think* this is a pretty much useless book written by the next guru trying to sell you something and market his website.
There are no statistics, no scientific data, no analysis.. just random stories like "I was sitting at a Chinese restaurant, I opened my fortune cookie, and it told me that I'm meant for greater things so I decided to invest in real estate."
I'm sorry, but if you're going to suggest people throw all their life savings into one basket, you should maybe give them some hard facts.
What's the percentage of people that fail in the rental property business?
What is your likelihood to succeed? How about looking at different locations and comparing the different markets? Renting in Manhattan is not the same as renting in the Middle-of-Nowhere in Kansas.
What exact practical steps do you take to evict a tenant? Do you need to hire a lawyer and how much will it cost?
How do you calculate the amount of time that your rental property is likely to be empty? Do you have a formula at hand that takes into account the type of property, the location, the general type of population in the neighborhood...?
How do you come up with the legal nonsense that needs to be included in your lease agreement?
I did not find exact and precise answers to any one of these questions.
Instead I was reading about a guy who had loads of luck and managed to build his rental property empire.
Good for you! And the advice that you give is useful but it's also nothing more than common sense.
I am leaving this bad review because I am very disappointed.
I was expecting a lot more in terms of data, analysis, and exact steps towards a practical solution. Instead I got a lot of general bla-bla-bla with with a few anecdotes.
A piece of free advice from me - if you're going to invest in property, do your own research and don't think it's as easy and as glamorous as some people might make it sound.
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