The Millionaire Real Estate Investor Paperback – April 7, 2005

I am not really sure that 5 stars does this book justice. I have read numerous real estate investing and wealth building books over the years, but this book ranks right near the top of that list bar none. The book has incredible advice for not only investing in real estate but wealth building in general. I implemented several pieces of advice after reading this book and found it some of the best stuff I have ever done for my own wealth-building activities.He walks you through all aspects of investing in real estate and covers many areas that other writers completely leave out or gloss over at best. For example, he has a whole section on building the right team. Once I started doing this my investing activities soared.His teaching style in the book is phenomenal. He uses a variety of diagrams that illustrate his points with perfect clarity. The diagrams he uses to illustrate various principles are worth the price of the book alone, but there is so much more in the book in addition to that.I thought this was such an incredible book that I ordered a copy of the Audible version AFTER I read the physical copy because I knew that I missed stuff in the reading that once I heard it would reinforce the points in a way I might have missed the first time.If you are interested in wealth building and real estate investing this book should be the very first purchase you make.

Awesome read for those wanting to get into real estate investing!

This book contains a huge spectrum of useful information relating to real estate investing. If you are someone who knows nothing about real estate investing but are curious about its profitability, how wealth is built, and how true millionaire real estate investors think, you're in luck because that is where this book starts off. The first section of the book helps the reader work past common limiting beliefs which prevent many people from starting to invest in real estate. It then moves on to describe correct thoughts and habits which will promote success. Near the end, the book describes the overall structure of a full-fledged real estate business. It walks through 4 stages of real estate investing: Think A Million, Buy A Million, Own A Million, and Receive A Million. With each stage concisely explained and building on the last, the reader can easily envision great levels of success.I bought this book based on the reviews, even though I was sceptical of the title. The book is well written and interesting, with real life success stories (and a few hard lessons) written throughout and a pile of success stories in the form of investor profiles at the end. This book is easily worth twice the price.

Book is great, IMO, if you are new to investing, you are sitting on or about to sit on a lot of money, or dream about investing in real estate. Its great pep-talk material and the models and theories are the very basic to thinking like an investor. You could actually bypass paying for a real estate investment class with this book. However you are still going to need to network, and get in with people who are in the business.My personal experience:I got off to a great start and found a property priced well below market value. I used the worksheets in the book and everything looked great. In the end, lenders pretty much killed the deal because of my "Debt to Income" ratio. Even with the property 40% below market value, they didn't want to touch me, and I have excellent credit. Now figure this, even if I had enough income, another property would have certainly pushed my Debt to Income over and I would be done with getting more loans for buy and holds, for a long long time.Even with buy fix and sells, lenders want to see money in the bank. Even if you are getting that money back when the property sells, you still need to have it. This is most likely going to be the path you need to take when you first start out, and have little money. You can also buy a home, live in it, then rent it out. But again, you can only do that so many times before your debt to income catches up with you. Then comes the part of actually FINDING homes. Investors know how to do it, and they aren't excited to tell you how.Right now I am in networking mode. Its not easy as no one wants to trust a stranger. Esp a stranger with no money!

Gary Keller & Co. have created a masterwork guide on how to properly invest in real estate. The book addresses not only the psychological necessities of undertaking such an endeavor, but also addresses the practical concerns. Contrary to some of the reviews below, personally, I found that the advice given was very solid and useful; very "nuts and bolts", if you will. Of course the book isn't going to tell you what lines to fill in on a purchase agreement. With the information provided, one can definitely begin an investing career, so the objective of the authors has been met. The only thing they could possibly do to make it more "nuts and bolts" than it already is would be to go out and actually purchase a home for every reader. Seriously, did we read the same book, guys? Did you even read it cover to cover?Anyway - this is a great book for desk reference for any aspiring real estate professional, regardless of job description. It is a must-have for anyone looking to buy a home, even if they're not an investor. Following the advice in this book will make it very likely that a person will make a very wise purchasing decision.Bottom line - EVERYONE needs to read this book if they're planning on doing anything with real estate.