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This book is an easy read, but those who considered it the "best" real estate book out there may have been rotting their brains on no money down schemes (this book thankfully notes that beginning investors will not find a no money down investment property deal). If you are looking for Real Estate Investing 101, this is a good choice. If you already understand Cap Rates and NOI, and are confident in your ability to estimate the value of a property based on its financial statement, then pass on this book.All in all, the book is good but basic. Unfortunate that the tables presented in the text are not explained fully--the author prefers, I think, to sell you the software separately.
As a real estate investor and author myself, I read a lot of real estate books. Many, if not most, are written by folks who do not invest in real estate themselves; they only write about it. Berges is not one of them. He knows his stuff and it's clear that he practices what he preaches. I have read three of his books and, I must say, he's one of my favorite real estate authors. You can trust what he says. Experienced investors may want a bit more detail from Steve, but what he does say is accurate and safe. This is a good book on buying apartments. In fact, in my own book, "Investing in Duplexes, Triplexes & Quads," I list the best books I've read on different areas of real estate. This book is the ONLY book I recommend on investing in commercial multifamily (ie, apartments of 5 units and up) properties.
Having given those accolades, here are a few of my constructive criticisms:
1. On pages 37 and 38, Steve gives nice charts illustrating the long-term financial... read more
I have read allot of real estate books, as I am involved in this industry, but there are not many books that go into the apartment building side like Steve Berges has done.This is an excellent book, if you are just getting involved in multi-units, as well as the experienced professional...there is information here that is beneficial to everyone involved in real estate.
| AVAILABILITY | |||
| Merchant | Format | Price | |
| Amazon US | Paperback | $6.10 - $32.95 | |
| eBooks.com | Digital (PDF) | $32.95 | |
| BookByte | Paperback | $49.55 | |

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