The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss (Rich Dad's Advisors (Paperback)) Paperback – February 21, 2012

Very interesting book, very helpful , this book change my mind I fully recommend this book

I purchased and read this book after hearing an interview that talked about Ken's next book in the series--the more advanced version of this book. I've been a real-estate investor for some years and along with my two partners we own 1800 units in three western states. I've never before read an investment book that I didn't have some major disagreements with before reading this one. Actually, the only thing surprising to me was that Ken doesn't provide emergency lock-out service for his residents. We do, but many things in this business are counter-intuitive. I'd like to know his reasons. It's too bad he doesn't have a blog--and even though I'm not reviewing his personal website, he needs an update including downloads of the forms he promises to have available there in the book (they're still coming soon according to the web-site, but it's 3 years since the book came out).There seems to be a lot of confusion among the reviewers as to who this book should appeal to. I think to all: from beginner to seasoned investor. Some who feel it doesn't address them in the reviews haven't paid attention. Buying single family homes and renting them is speculation. Small mom and pop rentals are also not investing any more than is flipping homes. I've watched these speculators come and go over the years--good luck to them they'll need it. Meanwhile if you're an ambitious 20 something who wants to go into real-estate who doesn't have the money, go to work for someone like me, or if you like more structure, for a large property management company and learn the business and you'll find lots of money available to you. If you're older, like I was, find some partners, take the risk and plan to work.A saying I've always remembered is: Wise men learn from others' mistakes, fools from their own, and the rest just don't learn. I've always aspired to be at least a fool, but I wouldn't hesitate to learn from the mistakes of others. I recommend the book.

This book is a gem. The things I learned from Chapter 7 alone were worth the purchase of this book many times over. It shows you exactly how to analyze and accurately price any property, so that you can be 100% sure you are making a fair offer and getting the best price, not just a low-ball offer based on your "gut" instinct. To me, this kind of knowledge is priceless. Moreover, you will learn the ins and outs of every important thing you'll need to know in order to establish a long-term, highly successful career in real estate investing. Even if you're a seasoned real estate investor, chances are you will learn some new things from this book that you weren't aware of before.The great thing about this book is that Ken McElroy isn't some novice trying to get rich selling a get-rich-quick book. His methods have been proven time and time again, making multi-million dollar investments for over 15 years. I've seen courses by Carleton Sheets and others, and this book absolutely puts them to shame. This information is 10x more valuable than most of the other garbage out there. It wastes no time getting straight to the point of how to be a successful investor. You can't lose with the stuff you'll learn from this guy!Ken McElroy's writing style is a bit different from Robert Kiyosaki's. I personally prefer Robert's style, but the value of the information in this book is so great, most people won't mind the difference.I'd definitely recommend this book to anybody interested in real estate. Ken lays it all out for you, taking away nearly all the guess-work, confusion and unexpected surprises of this investment class. By all means, buy this book and read it. It will be well worth your time.

Good real estate book

First, if you're looking for a book about flipping houses this probably isn't the right one for you. It may have some useful tips, but this for someone who wants to get into real estate for the long haul (i.e. purchasing and renting). But if you're looking for an idea of how to get started in real estate and have long term, sustainable income this book is for you.I'm just getting started in this industry, and I was looking for a book that gave me an idea of what the process looks like start to finish, and what to expect entering the property management arena. I have read Rich Dad, Poor Dad and I really liked it, so I figured this was a good option to start with. I'm glad I did because this is exactly what I was looking for in a property investment book!Entry level, high level over view of the entire process from looking for a property to things to be aware of and making offers. If you're experienced in real estate you probably won't get much from it other than maybe setting goals and how to value a property, but that may depend your time in the industry and what you specialize in (consumer purchases vs investment properties). Any way you look at it this book is a quick read and good starting point for anyone looking to get into the real estate investment scene.

Good book

Great book. Provides good and interesting information for people who are just starting to invest in real estate. I do recommend it.