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Real Estate Investing For Dummies

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Real Estate Investing For Dummies

Real Estate Investing For Dummies Rating:
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Real Estate Investing For Dummies, 2nd Edition contains approximately 20-25 percent updated and revised content, including expanded coverage on the challenges and opportunities that accompany investing in a down real estate market. In addition to other general updates, Eric and Ray expand on the subjects of flipping properites -- a practice that they advised (and still advise) readers to approach with caution in the first edition, published at the height of the flipping frenzy -- and foreclosure investing -- today's "it" real estate subject that is too often portrayed as a get-rich-overnight proposition.

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10 Responses to “Real Estate Investing For Dummies”

  1. Justin Smith says:

    Rating

    I have done some investing on my own but wanted to learn more about real estate. This book is awesome. It covers the basics and more complicated real estate investments. I now know what types of real estate I am going to pursue and how to analyze them. I read the entire book but I am sure I will keep coming back to it for the worksheets and checklists.

  2. Guy M. Blasi says:

    Rating

    Upon the completion of reading this book, I realize that the authors have set a new and comprehensive standard for real estate investors. Investment in Real Estate is an interesting and often frustrating process. Don’t let the title fool you, this is a SERIOUS book for serious real investors whether novice or veteran.

    The authors obviously know their subject, which is highly diverse. You are guided around pitfalls, and problems. It’s almost like you have a wise sage holding your hand because the authors have “been there and done that”. I appreciated their candor and honesty throughout the book, but in particular their take on the “information guru’s” who sell their get-rich-quick real estate tapes and CD’s on the unsuspecting public.

    All you other real estate authors take note. You have a new standard to shoot for. Five stars, easy.

  3. Matt Bresee says:

    Rating

    It was some time ago since I bought this book. And if you read all of my reviews about real estate books, you’ll know I grade honestly (see my other reviews).

    This book I give 5 stars because it truly explains everything to the average Joe. It isn’t boring. You get to learn the different aspects of real estate investing. This was my first book and it made me get interested in real estate not because of the “riches that’s promised” but the potential that this field has and so many branches of it. Real estate investing isn’t limited to just flipping houses, you’ll find by reading this book there’s many more roads that’s equally profitable.

    -Matt

    co-author of the Ultimate Foreclosure Kit

  4. Jamie Martin says:

    Rating

    I bought this book some time ago and read it as soon as I got it. I’m a realtor in the Florida Keys and continually work on my education and training. I have never read a “dummies” book before now and I was very impressed. This book was a review of much of the material I learned and great source of information that’s easy to follow. The content of the book will help you decide what type of property investment is right for you. It’s a must have for anyone considering investing in real estate no matter what your background, and I strongly urge you to read with a Hi-liter for easy reference when you need it. [...]

  5. Penton North says:

    Rating

    This is a great book that simplifies and explains the details of real estate investing. It explains how to begin and cautions against some of the risks involved. I think it provides straight-forward practical information that can help anyone get started investing in real estate.

  6. L. Murphy says:

    Rating

    I’m still reading this book. It is organized well, easy to understand and perfect for anyone who is considering entering the world of real estate investing.

  7. Bradley J Sugars says:

    Rating

    This book is a great companion to other books of a more thoeretical nature. Many real estate books focus on why you should invest and the benefits of investing.

    This book does that, but then goes one step further. I think the authors and the ‘For Dummies’ team need to be congratulated as they have given everyone enough detail to make some very solid decisions about your investing.

    Very worthwhile and definately well worth the $$. And very solid to know it’s written by investors not salespeople.

  8. Terry W. Sprouse says:

    Rating

    Real Estate Investing for Dummies is yet another excellent real estate book in the Dummies series. I have “Home Buying for Dummies” and “Property Management for Dummies.” Both are highly valued, and frequently utilized, volumes in my investing library.

    I have long thought that “Real Estate Investing” by McLean and Eldred was perhaps the top book for beginning real estate investors. But after reading “Real Estate Investing for Dummies,” I now think the Dummies is equally as good, although it may not cover quite as much ground. Dummies is excellent in what it presents because it written in a manner that is easily understood, it provides sufficent depth, and it covers the key topics.

    I particularly like the chapter on “Due Diligance.” The chapter does an outstanding job of describing the components of reviewing books and records, and inspecting a property that you have bid on and have had the bid accepted by the seller. Purchase contracts provide that the sale can be canceled without loss of earnest money if the buyer’s physical inspection isn’t satisfactory. Following the suggestions in this chapter assure that you won’t be surprised with what you get, and gives tips on how to cancel or renogiate the deal, if you need to.

    I also like the final chapter, which lays out in plain English the time tested (non-infomercial guru) principals of how to make money in real estate. Buy when market conditions are conducive to buying, when properties are distressed and available as forclosures or on favorable terms with seller financing. Add value to properties. Hold on to properties that offer long-tem stable growth in rental rates. Refinance to tap into investment property equity and to further your real estate investments.

    Good solid advice.

  9. M. E Grant says:

    Rating

    Authors Eric Tyson and Robert S. Griswold (the ‘S’ stands for ‘$old’) do an excellent job of breaking down the often confusing and risky world of real estate. As one of the “common man” I wanted to learn about buying and selling land and hopefully seeing quite a return on my investment. I’m happy to report that this book is a simple entertaining and educational read.

    Real estate has always been a fascination for me. When I was 5-years old I remember my father telling me, “Son, stocks may rise and fall, utilities and transportation systems may collapse. People are no damn good, but they will always need land and they’ll pay through the nose to get it!”

    “Remember,” My father said, “…LAND.”

    Those words still resound with me today. And, after reading Real Estate Investing for Dummies I’ve slowly been buying land east of the San Andreas Fault, so if indeed the “big one” hits, I’ll see quite an increase in my initial investment as I’m sitting on the new west coast.

    For people interested in my strategy I’d also like to recommend the book -Predicting Earthquakes: A Scientific and Technical Evaluation – with Implications for Society by The Assembly of Mathematical and Physical Sciences.

  10. Ali Rafatjah says:

    Rating

    First of all I should note that I’m a novice when it comes to Real Estate Investing. I’ve read one other book on the subject and that was “The Unofficial Guide To Real Estate Investing”. Although that book was very good, this is truly an excellent book. I must’ve read at least 20 Dummies Series book’s, and this is one of the best. Note, this book is packed with info. it took me 40 hours to read it the first time through (I’m a slow reader), and now I’m going for a second run.

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