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The Insider's Guide to 52 Homes in 52 Weeks: Acquire Your Real Estate Fortune Today

Customer Reviews:

This is garbage

By Dentallica - May 24, 2006

Don't bother with this book, it's basically a gimmick. The authors claim to buy 52 homes in about 10 months; however it all comes down to gimmicks and also having a lot of available money which enables them to buy homes with a ton of deposits. Also the purchases are 'creative'. For example, Gene Burns is quick to point out he buys a great home for ONE dollar - what this actually means is he lease-optioned a house for two years at $1600/month with the option to buy the home after two years at $235 000.00. But the option fee is $1. So he can claim he bought the home for $1. (Get it?!?! Yah its stupid and misleading). Most of the deals are like this - lease options where the authors take on the existing monthly payments, sometimes with up to $5000 down. The authors also have a seemingly endless supply of $1000 and $5000 checks so their buyer agent could put down deposits on anything that fit their criteria.

One awful thing about this book is the misleading profit margins. The... read more

Read the Book in a Few Hours, Great Read!

By Kevin Kingston - March 15, 2006

Any time you read a book and learn even one thing it was worth more that the price of admission. Would I like to emulate the authors and purchase 52 individual homes in 52 weeks? God no, however, there are some great ideas in the book. For example a creative list of 10 ways to attract good tenants and some creative ways to take control of properties. You also get the sense of just what can be done when you set your mind to it.

Some interesting stats on Las Vegas were there are 7000 a month moving to Vegas and 5000 leaving for a net influx of 2000 a month. Houses appreciated 52% in 2004 in Vegas. Wall Mart had no stores in Vegas and then went to 24 stores in 5 years. Pre 2002 RE appreciated an average of 6% a year there for 20 years (before inflation of 3%) for a net of 3%.

Also interesting were the discussions of why people would end up in financial trouble. They claim that 40% of Americans spend more than they make. Scary.

I'm real estate investor... read more

The Insider's Guide to 52 Homes in 52 Weeks: Acquire Your Real Estate Fortune Today

By B. tanenbaum "ONE LIFE" - September 11, 2006

Not worth the time nor money. This book promotes the idea of buying real estate through WE BUY HOUSES signs and through ads in newspapers. Ideal for groups of investors who have plenty of time, capital and OPM to invest around the country.

AVAILABILITY
MerchantFormatPrice
Amazon USPaperback$0.01 - $16.95
eBooks.comDigital (PDF)$16.95
BookBytePaperback$12.71
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