Real Estate Riches: How to Become Rich Using Your Banker's Money
Author: Dolf de Roos, PhD
ISBN-10: 0471711802

Dolf makes the case for using "other people's money" in the same way I do during my talks. It's reassuring when you find that your methods and mentality are shared by massively successful investors.

Of course, there's much more wisdom in this book, but I would especially recommend it as essential reading for all those people who come up to me and say "I want to get into property but I don't like the idea of being in debt."

The book covers viewing properties, analyzing deals, negotiation, increasing value and managing properties in a practical way that's applicable worldwide, even though Dolf is not UK-based. He also tells it like it is with regard to the number of viewings you need to do to find a good deal, but his catchphrase is "the deal of the decade comes along about once a week." So the premise is that if you look often enough, they are there to be found, which is spot on advice.

Dolf is one of Robert Kiyosaki's real estate advisers, so you know he has great credentials.

Overall assessment: It won't suit those who can't translate advice from one country to another or those who need in-depth, how-to help, but it's a classic must-read, in my opinion
Rating:
Reviewer: Maria Davies

no. of reviews: 1
Submit your own review of this book

The back cover blurb calls this "a book that can change your life for the better" and I must admit that my initial reactions was "yeah, yeah, heard that before", because I believed that everything there was to say on the subject of goal setting had pretty much been said and expected this to be just another take on tried and tested methods. Boy was I wrong!

This really is one of those books that can change your life if you take action on what you read. The difference is that this book made me want to take action rather than get me thinking I should take action. The problem with the "should" books, at least for me, is that I rebel against them (nobody's going to tell ME what to do.... even if it does mean I could be more successful, wealthier, taller, sexier, slimmer and happier).

The great thing about Michael's book is that he understands this rebellion and allows it to exist. He addresses every obstacle we face, offers fun and innovative techniques to overcome our "stuckness" and gives us permission not to have to be perfect along the way. In doing so, he turns a lot of conventional wisdom on its head, e.g. instead of starting with uninspiring baby steps, how about starting BIG. This was one of my favourite parts of the book. It got me tingling just reading it. I took action with two things off my list straight away and am easily keeping them going because what I'm doing is big enough to actually feel like I'm making a difference.

The book is well written and entertaining and Michael does a terrific job of bringing his own personality into the book and using his own flaws and past "failures" to illustrate points. I was sorry to finish it and envy anyone who hasn't experienced it yet.

Overall assessment: Buy it, it really WILL change your life for the better
Rating:
Reviewer: Maria Davies

no. of reviews: 1
Submit your own review of this book