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Please note: The content is generated by an AI language model based on reviews. We are constantly improving the accuracy, however, its outputs may contain errors or offensive content from certain reviews. Please report any errors or offensive content to us. Also, please note that we will not collect your questions unless you click the thumbs up/down button to provide feedback. The answers displayed will be stored by us so if another Fakespotter asks a similar question we can provide them an answer faster. Your feedback will only help us make Fakespot Chat better! By using Fakespot Chat, you agree to Fakespot's terms of use and privacy notice.

Pros & Cons

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Pros

Pay down the mortgage as fast as possible, to eliminate your housing payment. Purchase more properties for rentals and cash flow or move to a new home and rent your old house out. This book briefly discusses how wealthy you can become by keeping your ...  Read More

As usual, david's advice is timeless, and most importantly packaged in an easy to read format. The concepts are so simple and straightforward, its an amazing fact that not everyone lives by them.

David bach does an excellent job of reducing financial information into an enjoyable, readable format. Information is slightly outdated (about 10 years) but nonetheless very helpful. Bach has some great tips to help you out along the way.



Cons

This book is not for someone who is looking to start over, reestablish themselves, has or had credit issues. It also states that owning is cheaper than renting. For a first time investor this book has very little help.

David bach's new book is a waste of time. Bach gets endorsement money from the likes of wells fargo. The advice is bias; we know that bach is now readily accepting endorsements from banks. David bach is a self-appointed financial guru.

There are much better books on the market about real estate that very throughouly tell you all the risks. It advocates very risky choices like interest only loans, no down payment options with not enough emphasis on the risks involved. It offers no su...  Read More

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Highlights

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Quality


Use this book to dialogue with the trusted real estate professionals youve established a relationship with to truly invest in y...  Read More


David bach couldnt be more right on with the automatic part of his book


My concern isnt with the ideas at the core of the book


We are disclosing this in accordance with the federal trade commissions 16 cfr part 255

Competitiveness


I would have given this book a 5star review if not for a bad feeling i got throughout the book


In the meantime it might be wise to consider the cost of renting vs

Overview

  • How are reviewers describing this item?
    real, great, financial, new and down.
  • Our engine has profiled the reviewer patterns and has determined that there is minimal deception involved.
  • Our engine has determined that the review content quality is high and informative.
  • Our engine has discovered that over 90% high quality reviews are present.
  • This product had a total of 261 reviews as of our last analysis date on Jun 22 2023.

Helpful InsightsBETA

The AI used to provide these results are constantly improving. These results might change.

    Posted by a reviewer on Amazon

    I would have given this book a 5star review if not for a bad feeling i got throughout the book


    Posted by a reviewer on Amazon

    My concern isnt with the ideas at the core of the book


    Posted by a reviewer on Amazon

    Rather i found bachs words to push for home ownership so hard that some readers may find themselves following his advice and getting saddled with a mortgage that will eat them alive


    Posted by a reviewer on Amazon

    In bachs defense he does little to approve of some of the riskier financing options


    Posted by a reviewer on Amazon

    He seems to steer the reader toward fixed rate mortgages which i wholeheartedly agree with


    Posted by a reviewer on Amazon

    While he doesnt offer approval of balloon mortgages and other risky techniques he doesnt do a sufficient job of warning rookie homebuyers of their danger


    Posted by a reviewer on Amazon

    We know home prices have a historic upward trend so one can reasonably expect that they will see appreciation unless they hit a 200708 crash right after they buy


    Posted by a reviewer on Amazon

    I advice someone who have trouble with financial literacy

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Please note: The content is generated by an AI language model based on reviews. We are constantly improving the accuracy, however, its outputs may contain errors or offensive content from certain reviews. Please report any errors or offensive content to us. Also, please note that we will not collect your questions unless you click the thumbs up/down button to provide feedback. The answers displayed will be stored by us so if another Fakespotter asks a similar question we can provide them an answer faster. Your feedback will only help us make Fakespot Chat better! By using Fakespot Chat, you agree to Fakespot's terms of use and privacy notice.