If you want a more in-depth look at the financials and math behind a great real estate deal, then this book is for you. As predicted, the book like many real estate investing books seems to promote highly leveraged positions on holdings and seems to negate the risk of assuming all of this debt with the assumption of purchasing the property at a severe discount. The Millionaire Real Estate Investor, is consumable, practical and gets you motivated to go out and try to find deals in the market! These stories are encouraging for real estate newbies and all include the same common theme of doing something you love and working very hard at it. If you signed up for BiggerPockets via Facebook, you can log in with just one click! Good perhaps for people who own no properties yet, Reviewed in the United States on April 20, 2015. Buy right regardless of economy and have process of making investment decisions without being emotional. The book doesn’t offer anything new that other real estate books didn’t mention, in fact it failed to provide adequate insight and information to go into this business. Buy right regardless of economy and have process of making investment decisions without being emotional. The big takeaway is to have big goals, big habits, and eventually have big results. This book is very motivating in the beginning to make you think like a investor. This book always appeared in the lists of recommended reading for real-estate investing. Thoroughly researched with interviews and insights from more than 100 millionaire real estate investors who have struck it rich through Keller's concepts and practices, this book shows readers how to "think like a million.". The Millionaire Real Estate Investor book. This book--in straightforward, no nonsense, easy-to-read style- … I managed to get about 3/4 of the way thru before I just gave up. NO Spam. Receive a free digital download of The Ultimate Beginner's Guide to Real Estate Investing. Start by marking “The Millionaire Real Estate Investor” as Want to Read: Error rating book. The Millionaire Real Estate Investor is your handbook to the tried and true financial wealth building vehicle that rewards patience and perseverance and is available to all--real estate. Of course it is. Your recently viewed items and featured recommendations, Select the department you want to search in. how and where money flows in your life), Budgeting expenses and increasing savings, Equity Buildup – the difference between what you owe and the value of the property, Cash Flow Growth – the difference between your income and your cash outflows, Payoff of a loan (because there is no more loan payment), Inner Circle – personal relationships like mentors, partners, consultants. I'm always amazed how many books, programs, etc. Has many good ideas...Just could have put all ideas on 1 sheet of paper. The book was light on actual strategies, but shows the reader the many ways to make money in real estate. And I found it ridiculous that most of the book had nothing to do with real estate, just random personal-finance chatter, yes you have to be good at financing your money to start real-estate, but when I buy a book about real-estate, I don’t expect a lesson on saving money, and especially not most of it. Using a phrase of random words (like: By signing up, you indicate that you agree to the. What – the clear criteria you create for property you want to invest in, Who – the people who can connect you to the properties that meet your criteria, How – the systems you run to bring the right people and properties to you (aka marketing channels), Which – a process to separate suspects from your true prospects, Prepare a better spreadsheet to track my net worth, Write down the criteria for my target investment properties, Share my criteria with 3 people who may bring me leads. It will inspire you to start investing! I definitely will be reading this book again. Read 164 reviews from the world's largest community for readers. To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Gary has over 25 years of real estate investing and industry experience. The book puts all the information out there in a straightforward manner that is easy to read and digest, and cuts out all the nonsense and gives you the proven strategies that real millionaires used to make their money. It provides very practical advice on how to get started in the business as well as some inspiration. A lot of baby boomers, in the old economy, talking about how smart and savvy they were when they made it big. It's been 6 years since I wrote this book, but it's still one of my favorite real estate books I'd recommend any new/intermediate real estate investor read. The book starts off with explaining how money is viewed by normal people and compares it with how the millionaires view it. It seemed like the same information could have been compiled into less than 200 pages as opposed to the 400+. Was hoping to find an answer to cashflow v appreciation but that's pretty complicated and is a mindset and also depends on where you are in your progress and portfolio. Overall, it confirmed a lot of what I already know (which you can also read as I didn't learn much from it, but that's ok). This is the best book to read on real estate investing.