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Pros & Cons
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 Information is slightly outdated (about 10 years) but nonetheless very helpful.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
Highlights
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
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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