Book Description
Life can be tough for real estate professionals these days. Even with interest rates at historically low levels, the uncertain economy makes homeowners hesitant to relocate or trade up. There just aren't that many clients out there, and the few who exist generate fierce competition. In fact, it seems the single ""hot area"" is foreclosures. But that's not necessarily bad news.
Conti and Finkel's book is a good ""crash course"" for real estate brokers and agents wanting to understand this area and explains the intricacies involved in funding investment deals, using various buying/closing methods and employing exit strategies. Thanks to the book as well as workshops and seminars offered by the two authors, thousands of people each year learn the art of lucrative real estate investing.
Customer Reviews:
Investing in Foreclosures.......2007-10-17
Easy to read and understand. The Foreclosure process and strategies are presented with real life examples that help you to apply and to formulate your own strategies. It is also a good reference book.
Powerful evidence .......2007-05-25
Making Big Money Investing in Foreclosures without cash or credit is a morally courageous examination of real estate investing!! Peter Conti gives powerful evidence of new ways of investing. In this successful oriented book the author minimizes risk taking and explores objective ways towards successful investing. Must read!!
Excellent overview of Foreclosure purchasing.......2006-12-22
I had run across my first pre-forclosure deal and needed to get a basic understanding of the steps and processes. Peter and David's book provided that wonderfully. I was able to use the steps and scripts to sign up a deal, provide help to a stressed-out seller and reach the proper department at the lender. The suggestions of how to talk to both the seller and the lender have been very helpful with dealing with the human side of things. I felt very comfortable with the style and the seller has been very appreciative. I didn't feel manipulative at all.
Making Big Money Investing in Foreclosures: Without Cash or Credit by Peter Conti.......2006-11-09
An official Library Weekly book review.
REVIEW:
This book generically highlights a few ideas on how to invest in
foreclosures and how to finance it without using cash or credit.
Part of the formula is the use of "double closings" which allows
you to simply invest with a minimal amount and use the sell price
as the payment during the title closing. The difficult aspect of
this is it doesn't truly describe certain foreclosure techniques
available in each state (generically applied). Additionally,
you may need to read this with a grain of salt with the current
real estate market conditions.
OTHER RECOMMENDATIONS ON FORECLOSURES:
1. The Beginner's Guide to Real Estate Tax Lien and Tax Deed Auctions [ISBN 0978834607]
EXCERPT:
"There's never a better time to invest in real estate."
RATING:
3 of 5
Another Finkel disaster.......2006-06-28
How to get the most money for your property. This topic, worthy of a book, gets a couple of pages which are platitudes. This is the second book of his I've read recently in which he talks about determining the market price. The approach he advocates will result in a variance with the market of 40%, if not more. And, he lumps apartment buildings in with houses as if they were valued the same way. Of course, they are not.
On the plus side, in this book he recognizes that people do tend to get legal advice before signing a contract. He tells you how to diffuse the lawyer's criticism before it happens.
During my years as an apartment broker, I dealt with more than a few lawyers, including clients. Maybe his approach will work, but I'd think not.
This is another feel-good, cheerleading book. Rich Dad, Poor Dad does a better job of cheerleading, but has even less substance than this lightweight work.
Once again, the author has silly sales techniques that don't work. Once again, let me point you to the best writer in sales: Neil Rackham.
Spare yourself time, money and effort. Pass on everything David Finkel writes or promotes (as I shall hereafter).
Book Description
Real estate investment trusts (REITs) make commercial real estate profits available to everyone! REITs are one of the hottest and most potentially lucrative investment vehicles in the market today. Find out how you can take advantage of these increasingly popular securities in the powerful new book Real Estate Investment Trusts. Professionals Richard T. Garrigan and John F.C. Parsons have gathered over 20 of todayÕs most influential opinion leaders to explain how investors both large and small are beating the S&P 500 with REITs, how these REITs combine superior income and growth with relative safety, behind-the-scenes information on how to assemble and launch a successful REIT, and statistical support for market confidence in the long-term appreciation potential of REITs. Whether you are a real estate investment professional seeking comprehensive information on todayÕs REIT operational requirements; an investment professional needing to better understand REITs; or an individual investor interested in diversifying your own portfolio into real estate, Real Estate Investment Trusts will open your eyes to the incredible opportunities available in todayÕs REIT market. Order this well-researched, interesting and informative book today.
Customer Reviews:
Dull and disappointing.......2005-06-11
I bought this book because I am an investor in REITS and wanted to get a deeper insight into comparing different REITs to find the best ones to invest in. I wanted to be able to read the balance sheets of several different REITs and decide which is the better investment. This book left me bored and no further forward.
The main problem is that each chapter is written by a different "expert" on a particular topic such as "Asset Allocation" or "Institutional Investing". Firstly these experts may be great money managers but they are dull writers without a jot of personality. The chapter on Tax Treatment of REITs is a lifeless regurgitation of the tax code. Worse, the editors did not steer each contributor strictly enough to avoid repetition and as a result every chapter begins with yet another review of REIT history.
There was no analysis of different REIT business models, such as trading CMOs compared with Residential or Office space. There is no analysis of how to tell good REIT managers from ordinary ones. I was optimistic about the chapter on Asset Allocation to see how REITs fit in with stock and bonds in your portfolio but again I was disapppointed. After grinding through page after page differential equations the chapter fizzled out with no mention of reccomended asset allocation ratios.
I gave the book 2 stars instead of none because the data seems to be accurate and authoritative but then so is the maintenance manual for my vacuum cleaner. A $75 book has a duty to do more than assemble boring facts in sequence.
I don't really know who this book is targeted towards. If you are going to be a junior paper pusher employed by a REIT it may give you a head start but the rest of the planet should look somewhere else.
An excellent overview of the REIT Industry.......1999-07-17
The book provided an insightful overview of the REIT industry. The book was organized by various topics relating to investing and managing a REIT. The chapters were written by practioners and academics working in the different REIT industry areas. The authors were able to provide vital insights into their areas of expertise. As a new REIT employee I learned about the challenges and opportunities that lie ahead for my company and the REIT industry as a whole. some of the chapters were a bit technical in nature; particularly the analysis on historical private verses public REIT returns. Overall the book should be required reading for REIT investors and Managers as well.
Book Description
The time has never been better for investing in real estate, and this book arms the millions of investors who are returning to real estate as an established instrument of wealth creation with surefire strategies for making a killing in the real estate market.
Due to the pent-up demand for housing caused by the lull in housing starts during the 90s, as many as 11 million would-be American home-owners are currently vying for a rapidly dwindling pool of available properties. In Buy, Rent, and Sell Bob Irwin, one of America’s most well-known and respected real estate author/experts, provides nuts-and-bolts advice and guidance on how to find good investment properties, how to successfully rent them, and how to quickly turn them around for a profit. Written in Irwin’s trademark down-to-earth, jargon-free style, Buy, Rent, and Sell is an indispensable guide for novices as well as experienced real estate investors.
Download Description
This book arms the millions of investors who are returning to real estate as an established instrument of wealth creation with surefire strategies for making a killing in the real estate market.
Customer Reviews:
Save Your Money.......2004-09-06
Save your money. This is about a lightweight book as you can buy on real estate. A synopsis is, buy a house, fix it up, rent it for a while then sell it. Whoopee. Supposedly this is for beginners, but there isn't enough here to educate a beginner on how to progress. If you have never purchased a house, even the one you presently live in, it may educate you somewhat, but there are better books for investors, even beginners.
This book rocks!.......2004-07-19
For a novice, this book is absolutely incredible....
It is informative and SO EASY to understand. Empowering and practical! Everything about the basics.
Great intro and overview.......2003-12-01
I have purchased a couple of my own investment homes and my father-in-law also has owned several rental units for a number of years, and I found this book helpful. He covers many of the basic things you need to consider and also covers financial implications such as taxes.
He covered things like expenses during rehabilitation that would be easy not to detail, so scores points for that. He also takes the time to explain depreciation and the resulting capital gains in enough detail that you won't be surprised when you talk to your accountant.
He also provides good data on one of the most important aspects of residential investing: screening tenants. Lots of good ideas are presented here to help minimize the risk with poor tenants who can ruin your investment.
Additionally, he hits all the usual bases for finding investment properties and covers some of the negotiation strategies for purchasing these properties. He's clearly done this a time or two and works to give you a good intro. He does leave you feeling like there's more to it that he should be telling you, but I suppose it's difficult to get all his years of experience purchasing properties into one or two chapters.
If you're looking into residential real estate investing, read this book. But also read others so you have a well-rounded perspective and gain more details that aren't shared here.
Good intro to buying homes, but. . ........2003-01-18
Overall, I thought that this book was very helpful and contained good information for someone considering investing in real estate. The author appears to have had success with landlording and knows his real estate market well.
One (understandable) problem with the book is that Mr. Irwin is writing based on his personal experience in what sounds like the southwest in a booming real estate market. One point that he makes several times is to pay for water bills, so the tenants won't be tempted to save money by not watering the yard, thus causing serious landscaping damage. This is really not applicable in the north or where there is significant rainfall.
An underlying belief of Irwin's is that it is difficult to find properties whose income can cover all their expenses, and that the real money comes in selling for a profit. Accordingly, much of the book concentrates on flipping properties and other real estate maneuvers that are usually only successful/necessary in tight markets. In general the book advocates a high risk philosophy of investing, advising the reader to use the bank's money make money as much as possible. I thought the inherent risks of this way of doing things were not fully explained in the book.
Additionally, he advises to stay away from old houses which he classifies as older than 25 years. I laughed as I read that, as virtually all of the houses in the town I bought my house in are between 60-120 years old. 25 year old houses are considered spring chickens where I'm from!
The last weakness of the book is that it seems to overestimate ease of determining the "true" value of a house. It takes a LOT of looking at houses and checking final sale prices to say with much certainty what a property is worth.
This review may sound relatively harsh, but for the amount of time it took me to read this book I found it helpful. I would wholeheartedly recommend the book for a beginner in a rental market similar to the author's market. However, for someone in a region similar to mine (the depressed real estate market of Troy, NY) you may want to check for some other similar books. And for all I would advise to stay away from the higher priced "Make your fortune in real estate" packages advertised on TV and such. Real estate information is most efficiently conveyed in paperback books like this one - in straightforward text without motivational speaking or overly unrealistic portrayals of the real estate world.
Good advice. Quick reading........2002-07-23
This book doesn't waste time. The format is short chapters with concrete nuggets of advice.
Book Description
A sound and sensible guide to investing profitably in real estate, H.R. Neal's popular hands-on strategy will help you establish realistic goals, uncover hidden bargain properties, negotiate great deals, manage difficult tenants and maintain a portfolio of units to give you an excellent monthly income and long-term profit.
Customer Reviews:
Good book but not great. Good for low income property owners.......2005-12-06
While this book was useful to read, it certainly could have been better. The author refers to all his experiences which are helpful, the problem is these took place in the 90's in Ohio where he purchased duplexes(2 units side by side) for $20,000. All his example's are based on purchasing properties for between $10,000 and $30,000. I don't know how many people can relate to that, I just know that I can't seeing that 3 families that I purchase here in Boston start around $450,000. Also, I would only recommend this book to those people who purchase properties in low-income neighborhoods. Don't get me wrong, some the information regarding tenant selection, eviction and other things are useful, but overall this book is not great and is not for everyone. I bought the book used for $2.50 so it was definately worth it for me and it's an easy read.
The real deal of renting small multi-unit rental properties.......2005-05-19
I found the book to be good. The author gives a lot of information you can use. As for those who complain about the low income and people with small incomes, remember all people have to live somewhere. Most people with much more money, really do not want to rent. I think it is important to provide decent housing to tenants as the author talks about in his book. The thought of making money in real estate sounds really good, but the real estate business of landlording is not for everyone. The author points this out. While I do not approve of all his methods, I strongly suggest that you the investor, take the good usable information and utilize it to your benfit.
It works!.......2003-10-30
I bought this book 3 years ago, and I have found his advice to be very accurate and valuable. I've had great results investing in the so called "low-income" areas. The key is buy to "right". I.e. at a price that will enable you to produce some good positive cash flow. I've read many other real state investments books, but none demonstrated the knowledge gained only through experience that this book is full of. I am very proud to have bought major fixer-uppers and applied the renovations recommeded to end up with an asset that really improves the neighborhood and provides low-income tenents with a clean, functional and attractive home. As the author makes it clear, it's hard work but the financial results (ROI) are much better than other more upscale investments. This book is a must read, but only for serious investors that know that something really worthwhile such as financial independece will take some serious effort.
The trials and tribulations of low income housing!!.......2003-08-27
Just a few book highlights in case you may actually be interested in something like this.
-75% of this book is dedicated to the art of evicting the poor.
-Be sure to higher an armed guard to accompany you on the first of the month as you journey thru the ghetto making collections.
-Become and expert in Welfare and Social Services so you can pawn your evictions on to the remainder of the tax payers!
And my all time favorite (I love this one!!!):
-Be kind enough to give a key to the SWAT team before they make a raid on your drug dealing tenants so as to avoid the expense of replacing a door!
Enjoy!
A very specific guide to becoming financially free........2002-02-05
I have bought quite a few books on real estate investing and this is by far the most informative and realistic book yet. I read it cover to cover in one afternoon. However it deals soly with duplex's in low income areas, which as he explains yields the highest income. I live in an economically depressed area so this book is perfect for me. It basically goes through and tells you step by step how to become financially free by investing in rental real estate. Starting by saving up $3,000 or so and getting owner financing and slowly acquiring one duplex after another until you have 20. Which after you have them paid off in 8 yrs(the loan term he suggests) you will be making over $100,000/yr. It shows you how to figure if a property is going to make money, if so how much. Where to look, how to find owner financing, etc. It's very realstic no "nothing down" hype. He gives personal examples of failures and success.
Average customer rating:
- Shameful attempt at self-promotion
- Keep Looking for a GOOD investment guide
- Real life people, real examples and NO FLUFF
- Not satisfied at all!!
- What you will NOT find. . .
|
Wealthbuilding: Investment Strategies for Retirement and Estate Planning: 31 Real-Life Wealth Stories
David R. Reiser ,
Robert L. DiColo , and
Andrea R. Reiser
Manufacturer: Wiley
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ASIN: 0471388076 |
Book Description
Real-Life Financial Strategies For True Wealth
WealthBuilding is an essential read for everyone who wants to reach their wealth goals and maintain their standard of living when they're retired. It includes the real-life Wealth Stories of 31 investors-ranging from young, single professionals to middle-aged job-hoppers to retired seniors-and how they are planning and managing their wealth successfully and intelligently. A helpful tool for financial professionals to use with clients, WealthBuilding will also empower individual investors by showing them what to look for in a trusted advisor and how to build an effective partnership. You will inevitably see yourself-or one of your clients-in one (or more) of these Wealth Stories.
Praise for WealthBuilding
"David Reiser and Robert DiColo have written a readable book that aims to empower the reader, while at the same time creating knowledge of when professional advice is needed. It is a combination of old-fashioned wisdom and new age understanding. Anyone can benefit from thinking about its lessons." -Zoë Baird, President, The Markle Foundation
"Dave Reiser and Bob DiColo have succeeded where many others have failed: they have explained in a simple, straightforward, and understandable manner the complex, and often frustrating, world of retirement planning. Financial services professionals and serious investors will find Reiser and DiColo's work to be invaluable." -John A. Tarantino, President, Adler Pollock & Sheehan, Past President, Rhode Island Bar Association
"Reiser and DiColo have hit the nail right on the head. A `don't-do-it-yourself' book that will guide professionals and novice investors on the path to wealth creation." -Dr. Robert Goodman, Managing Director and Senior Economic Advisor, Putnam Investments
Please visit our Web site at www.jklasser.com
Customer Reviews:
Shameful attempt at self-promotion.......2003-09-20
This book is nothing but a thick marketing brochure. It discusses the basics of financial planning, but it incorporates the authors' own subjective analysis and opinions, which, based on their reasoning, often times borderlines dangerous. It leaves unrealistic expectations on the readers with no real academic backing and no real insight or intelligent commentary. Rather a lot of ignorant comments, hypocritical recommendation, and poor order of discussion. I feel by reading this book, you may actually becomer dumber than had you read nothing at all. The authors clearly designed this book to be a celebration of self-promotion.
Normally, I give books away when I'm done with them, but I would be insulting whoever received this by doing so - so into the garbage it goes! Please don't waste your money on this one - you're far better off with books by Burton Malkiel, William Bernstein, Larry Swedroe, Jonathan Clements, Thomas Stanley.
Keep Looking for a GOOD investment guide.......2003-09-03
Wealthbuilding?? You've GOT to be kidding ! If you've never read a book on investing & have NO idea about the basics, then perhaps there might be something here for you. Fully 3/4 of the book is devoted to anecdotal evidence of how wonderful the authors are at investing their client's money. Their advice? Hire a professional, natch ! Written in 2002 they describe the wonderful gains for the clients in the early '90s in the market. What about recently? Not so impressive, I'd venture the guess.
There is almost no statistical evidence for their strategies, which are given in the most rudimentary terms. How can they write only 1 short page about an invaluable investment strategy like Irrevocable Life Insurance Trusts?
This is a simple salesman's Thump N' Sell book citing trivial truths & wishful thinking, just like Wade Cook & The Rich Dad books. All FLUFF & NO substance.
You would do better by buying Jane Bryant Quinn's 'Making the Most of Your Money' & "The Intelligent Investor" by Benjamin Graham & "Bogle on Mutual Funds" by John C. Bogle.
Real life people, real examples and NO FLUFF.......2003-01-29
Building wealth? What does that mean to you? For each of us, it actually has a different definition. That's what I love about Reiser's book on estate planning and wealth. It first asks you to define what YOU mean by wealth (for example, it could mean living comfortably and close together with your children or friends or relatives, it could mean owning a deserted island paradise and living in splendid solitude.)
The real-life stories make the concepts of building wealth easy to grasp. I don't know about you, but I relate better to stories that show HOW and WHAT real people do, than reading formulas and dry advice. And I am not the only one who prefers real-life examples; look at the success of the Kiyosaki (Rich Dad) books. But this book has not only stories but real worksheet examples. No fluff here.
Another fine feature are the examples of what-if, based on the new tax laws (as of this writing--they will change again of course.) The examples allow you to understand how to work the system best to your benefit as allowed by law.
As tax time approaches, and I have to reassess my financial health, I know I will be using this book to help me plan my future.
HIGHLY RECOMMENDED
Not satisfied at all!!.......2002-07-25
I bought this book based on the great reviews it received. I made it through half of the book and had to stop. My biggest complaint is they fail to include results in their clients portfolio's after 1999.
They are big fans of equity investing (of course they work for a big brokerage). In one of their stories, they berate a former advisor of one of their newer clients for having them in bonds. Not that the percentage overall was too high. But, that the advisor had them in bonds. Well, the authors didn't mentioned where the client sits today with the heavy equity position the authors put them into.
Being financial advisors (brokers) for UBS Paine Webber is no different from being a broker at Morgan Stanley, ML, or Smith Barney.
I found this to be a waste of my money. I thought Suze Ormans books were far better than this book. A lot more honest too.
What you will NOT find. . ........2002-07-17
Some crucial elements are LEFT OUT of this book. If you just want to read some "happy happy" account of this book, check out the other reviews, but I'm trying to give something constructive here.
First of all, consider the bias: these authors are both on the payroll of PaineWebber. Now that's not necessarily BAD, but it's probably going to color their assessment of how to build wealth. So first up, they insist that attaining a secure retirement is too complicated for the average person, so you need to hire professional help. Now again, that's not necessarily bad advice, but it probably isn't advice that is going to suit everybody. And of course they're going to steer you exclusively toward stocks and bonds because that's how they and others like them get paid.
I gave it three stars because indeed I found their concept of "You Inc." helpful. Also, they push modern portfolio theory to the max, and that's also a prudent way to go for the conservative long term investor. But what I found lacking was their total neglect of real estate. After all, the book is subtitled "Investment strategies for retirement and estate planning". Don't you think real estate might fit in there SOMEWHERE? At least there should be some discussion about rental property or buying your own home and paying off the mortgage. Isn't it a large piece of financial security in retirement to have your own home paid for? Since "wealthbuilding" is the subject, don't you think rental properties deserve at least SOME mention? After all, the real estate millionaires in this country far outnumber those who made their wealth in stocks/bonds. So consider the bias: you got a couple of PaineWebber guys pushing ONE ASPECT of wealthbuilding. They focus on financial planning and modern portfolio theory to generate consistent longterm gains for the conservative investor and the theory that they give in the book is highlighted by numerous "case studies" of real people putting these principles into practice. Very good. That one thing they do, they do well. But for a comprehensive approach to "Wealthbuilding", I'd look elsewhere. At the very least, supplement this information with the info that it is lacking.
Book Description
How did The Millionaire Mailman become a best seller is such a short time? Because it answers fundamental financial questions, that's imperative for anyone who does not want to spend their retirement years bagging groceries to make ends meet. This is the definitive financial book to learn about asset protection, wealth creation, tax efficiency modeling, and asset allocation for retirement, small business development, and estate planning for any income level.
The Millionaire Mailman is a product of decades of financial training, investment teaching, and 21st century wealth building strategies, combined with solid professional credentials. However, the cornerstone of this book is the result of intimate, inside, first-hand knowledge on how the rich becomes rich and stays rich.
This knowledge wasn't acquired by sending out impersonal questionnaires to complete strangers. It was acquired through friendships with hundreds of millionaires over a period of many years. They talked. I listened. I learned.
The Millionaire Mailman focuses your energies on key financial components that will lay the foundation for exponential net worth growth. You can confidently take the offensive to managing your money.
The Millionaire Mailman promotes direct discussions on the key challenges that are blocking you from reaching your financial goals.
Customer Reviews:
EXCELLENT BOOK. It delivers what it promised........2007-08-27
EXCELLENT BOOK. It delivers what it promised.
EXCELLENT BOOK. If you ever wanted to know EVERYTHING about investing, financial planning, taxes, and making money this is required reading.
I haven't counted every word, but even the glossary must have defined at lease a thousand financial terms. It is filled with hundreds of pages of sound financial advice. Obviously, this book has been THOUOGHLY researched.
My friends are buying copies for their adult children. I asked them why, and they said that this book is filled with the things EVERY young person need to know and they, as the parent, may have failed to communicate. Perhaps, because they, the parents took for granted that their children would absorb the information just by being their children.
And, these are my CPA's, those with MBA's, leader of major corporations, and my stockbrokers. I do not understand why, but my wealthier and better-educated friends understand the value of this book more than the less educated and less wealthy. That is very unfortunate. But isn't that usually the case? Often, those that need the information the most appreciate it the less.
ANYONE that sincerely wants to buy a thoroughly researched financial reference book filled with hundreds of pages of detailed factual financial information will not be disappointed. Buy it today.
Financial Planning For The Not-Yet Millionaire,Pocket Change And A Prayer: That's ALL you need To get started
It's not BAD, but ..........2007-08-19
The Millionaire Mailman does contain a plethora of financial information. "My Inside Story On How I Became Rich..." however, is nonexistent.Did he write his own review? There are hundreds of pages of facts, but no tales of delivering mail in the sweltering heat of Texas while being offered lemonade by "the richest families in Texas" in their air conditioned homes(or anything like that). I was expecting a story, but I got a book full of facts you can literally find anywhere. I suppose it's nice to have all that copious information in one place if you need it, but there is nothing amusing or intersting or even any advice. "Inside Story" was very misleading to me.
The Definitive Financial Book .......2007-07-31
It is breathtaking in scope. Clearly, it has been rigorously researched and documented. The hundreds of pages of timely business and personal finance advice are relevant in everyway. It explains in minute details how to prosper in any situation. Buy it today.
Customer Reviews:
Hilariously cheesy.......2002-11-14
Imagine someone more vain and platitude-writing than Donald Trump!
Basically, this guy blames everyone else in the world for his troubles: inefficient FDIC/regulators, bankers, brokers, tax reform, Congress, etc. Then, he portraits himself as a humble Michigan-born Texan who has been virtually victimized by the stupidity and disrespect of others. During which time, he illustrates himself as an industrious and honest Gen Partnr who only emotionally cares about his LP equity investors, while he steadfastly remains the model citizen of Texan society. Give me a break!
On the side, he does everything... he says that he essentially predicted the Oct 87 stock market crash -- but if it only weren't for a stupid stockbroker who convinced him to reverse his short-position in Sept 87. Geez, like I haven't heard that one before at the local bar!! He claims he developed the first HMO and is charitable. BTW, he also describes himself as a loving, devoted, and caring father and husband... I guess that is what caused to the 4 divorces/marriages, eh?
You gotta just laugh and chuckle all the way thru this book, and take it as an unintended self-inflicted joke. This guy is so wrapped up in himself (beyond bragging), that he doesn't realize the average reader looks at him being dishonest to himself and hugely self-absorbed. Moreover, the reader is never convinced that he is honestly representing the real and balanced business events that occurred. Instead, this book comes off as grandstanding and a podium for his bravado and sales pitch to the next prospective, unsuspecting LP real estate investor.
Ultimately, the book is not really about a real estate business turnaround, bankrupcy avoidance strategy, or U.S. S&L tragedy, but its about himself, his money, and his excuses why he doesn't have more money. His writing rambles and is repetitive... you can almost guess which big vocabulary words he must have looked up in a Thesarus and which sentences were doctored by the Editor. Well, I guess at the time he wasn't going for a Pulitzer --
Book Description
My dad, Silas Baker, has always been my entrepreneur and financial inspiration. In 1938, after marrying my mother, Lucille, on Christmas eve, with only the change in his pockets and a prayer on his lips, he left the red dirt cotton fields of Huntsville, Alabama and moved north to Nashville, Tennessee. He was 19 and my mother was only 17. Dad had an uncanny ability to maintain his focus even when everyone around him lost his or hers. In more than 50 years as the Chief Executive Officer of his own companies, he never played hooky from work. Since I worked for him for 10 of those years, I often wished that he would say, "Don, lets forget about work today and go fishing." But, of course, he never did. Committed to his big family, he took his family obligations and business responsibilities seriously. Facing hostile discrimination, violent competitors, few resources, many obligations and very little formal education, dad built one of the most successful construction firms in middle Tennessee. This book, with hundred of pages of researched information, is about how to create wealth by persevering during difficult life moments, understanding basic financial concepts and the power of God.
Customer Reviews:
I agree, it is breathtaking in scope........2007-08-16
I agree, it is breathtaking in scope. Clearly, it has been rigorously researched and documented. It bridge Christianity with timely business and personal finance advice. With more than two-dozen chapters and 500 plus pages, it explains in minute details on how to prosper in any situation. Buy it today.Financial Planning For The Not-Yet Millionaire
Breathtaking in Scope.......2007-07-30
Pocket Change And A Prayer, is breathtaking in scope. Clearly, it has been rigorously researched and documented. It bridge Christianity with timely business and personal finance advice. With more than two-dozen chapters and 500 plus pages, it explains in minute details on how to prosper in any situation. Buy it today.
Average customer rating:
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Property Management: Corporate Strategies, Financial Instruments, and the Urban Environment
Mark Deakin
Manufacturer: Ashgate Publishing
ProductGroup: Book
Binding: Hardcover
General
| Popular Economics
| Business & Investing
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General
| Business & Investing
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General
| Real Estate
| Business & Investing
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Investments
| Real Estate
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Sales
| Real Estate
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General
| Small Business & Entrepreneurship
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Natural Resources
| Economics
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All Titles
| Qualifying Textbooks - Fall 2007
| Stores
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ASIN: 0754636283 |
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Books Index
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