Confessions of a Property Entrepreneur: What It Requires to Win in High-Stakes Commercial Real Estate
A front row seat into the world of high-stakes office property investing “A must-read book … among the finest realty financial investment books I have actually ever read. On my scale of 1 to 10, this distinct book rates an off-the-charts 12.”– Robert Bruss Admissions of a Realty Business owner is for the individual who prepares of getting serious about investing. Not a rah-rah or get-rich-quick book, this book is for someone who is prepared to believe about what he or she wishes to accompli
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Cost: $ 13.98
Great book for begining and intermediate investors,
Note: It’s not a book for a pure beginner. For them I recommend one of the non-no money down books to learn the basics of LTV, cap rates, etc. Then study this book over and over.
Doing that will save you years in your real estate education. It’s cost me over $100,000 in life “lessons” to learn what you will learn in this book.
Thanks Mr Randel.
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25 Years Worth of Real Estate Experience in 256 Pages,
“Never believe your own press clippings”
“Never take anything for granted”
He lists 13 “Success Skills” and says, “I do not believe success is an accident” The 1st skill is PASSION, where he says, “A small difference in energy can sometimes be the difference between success and failure.”
Next is “Work Ethic” I love this one, “If you’re not willing to work hard at the real estate game, do not come out of the dugout.”
Also key for people to understand is how NOI (Net Operating Income) affects the price of a property, and how improvements in the net can boost the price of a property even if nothing else has changed.
Interestingly he talks about South Florida where my partner and I have also had tremendous success. He’s hot on “North Beach” which is just north of South Beach in Miami. We are a bit further North in Hollywood Beach, but none the less our premise is the same as his; the wave of growth is heading north.
By Kevin Kingston author of, A 20,000% Gain in Real Estate
My Blog bloglines.com/blog/KevinKingston
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Excellent book!,
I own about a half-dozen various books on real estate and have looked at dozens. I’ve owned a couple investment properties and am going to get back into the game very soon.
This is certainly the best book on real estate that I have seen or read.
The author is a real investor who wants to share the ins and outs of the biz with other people, and he does a fantastic job.
The author doesn’t just say something empty like, “real estate is a great investment with many tax benefits. You can do it if you put your mind to it, so get out there and get it done!” nor does he give other inspiring but utterly meaningless “advice” or information like so many books on the shelf.
Instead, this author talks about how the real estate game actually works in real life, gives you examples which are drawn from real deals he’s done, and then (are you ready for this?) he actually explains everything in layman’s terms that anyone who graduated high school can understand!
He is certainly not condescending, he just explains things thoroughly and clearly. While many authors make an attempt at doing this, they either can’t drop their jargon long enough to explain something or they only give a cursory explanation that still leaves you in the fog.
I’m educated and intelligent, but the reason I’m reading books like these is to learn about things I don’t already know (obviously). With many (if not most) other real estate books, you are forced to look up many of the terms or ideas or read other real estate books in order to clarify what was said in the first one.
That’s not necessary here, as the author explains everything to you just like a friend or mentor would.
If you are looking for a book that will truly give you a solid foundation in the language of real estate and also give you real-world examples of how actual deals work, look no further than this book.
If nothing else, this book is worth the price for the first chapter alone, where he gives excellent explanations of the basics of real estate such as the components of a contract, partnerships, corporations, etc.
Good luck!
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