Buying-the
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The Basics
Excellent book, but there's always room for improvementI have been impressed with the content and the style of the book and wish that I had read it before getting into the business in the first place. His business practices and theories seem to be very sound and with a little forethought they can be applied to differing property markets. His examples are fairly well explained and displayed.
Overall this is an excellent read on this subject. That said, I do have some comments for improvement. In the financial explanations and examples he gives brief explanations. While I know this book is not meant to cover Finance 101, I would have appreciated a glossary with a bit more depth to the key financial concepts.
Best Book on Investing in Real Estate!

Immensely valuable for any novice or experienced publisher
My Highest Recommendation!John Meeker
President
John Meeker & Associates
The Voice of Experience
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Slightly misleading titleThat being said, I'm still giving it a four star rating, because the information here is solid and I'd recommend it to someone starting out or as a gift to a graduate or that type of thing. If you're already grinding out the day to day stuff, you either know that you need goals and that you should stay in shape and get adequate sleep and smile when you shake hands, etc; or you don't. If you don't, this book probably won't cause you to change habits, in fact, you won't bother reading it in the first place.
That's probably the biggest problem with this type of book, those that really need it will never read it. The used copy I bought was personally signed by the authors. I wonder if the salesperson that originally bought it ever read it. Probably not, or it'd still by on her shelf...
A personal favorite
If You're not out selling your being outsold is excellent
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No meat to this bookWhat did it tell me ?
- There is approx 30-35% markup on price of a new boat
- you get a good deal if you get 12-15% of that in negociating.
What else?
Nothing much but common sense, and repeated info.
An organised person could generate the checklists themselves with or without the help of this book or a couple of boating magazines.
Anyone who has purchased a new or used car would go through the same tactics with the dealer/seller.
What would I reccomend instead ?
I also purchased "The Complete Idiots Guide to Boating and Sailing" which gave me a better (but still reasonably high level) introduction to boats/buying.
What has really impressed me is my latest purchase (reccomended from Amazon Reviews) and that is the so called "Bible of Boating" Chapmans Piloting. It sounds a bit high-brow, but covers everything and anything a novice or experienced person could want to know. It is letter sized hardcover with 650 color pages - well worth thirty five bucks. Buy that and forget wasting thrity bucks on three empty paperbacks.
What a great book
A real money saver...
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Sparse
This book contains what you need to know to grow Bonsai.All in all, I found this book to be the most useful and fun to read of any Bonsai book I have read.
GREAT book and pictures too!
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A must read
You wont get this info on your evening newsHere the author describes a system that cannot operate without money from various sources that want to influence public policy. In order to be a "public servant" it is necessary to accept money from donors. Of course there is no question of getting something for nothing, there has to be some kind of pay back.
This books provides you with the facts.
Unfortunately, the only choice left in this democracy is choosing the candidate that represents the lesser evil.
Americans really are ignorant
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Thanks, Leslie!
The Perfect Gift for Anyone Who Is Moving!
How to build a new life!
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Roy covers the following subjects in detail: the grubstake--the essential financial asset that will stay with you for life; how to find land that you love and can afford; how to seize control of the house-building process; how to clarify and simplify your ideas of what you really need; and how to construct a low-cost home. Included in the book is Roy's own personal story of mortgage-free living, as well as those of others. His wry humor makes for an entertaining read, and his ideas, examples, and advice are clear-headed, logical, and hopeful. His financial calculations and charts are clear and imminently sensible while being real eye-openers. Your banker may not want you to read this radical book, but it amounts to a guided, rational plan for home ownership and financial liberation, and will no doubt soon be considered a classic. --Mark A. Hetts

Freedom Awaits
READ THIS NOW ! ! !To say this book is radical in a negative sense would be an insult to the backbone of this country. The author Rob Roy "REMINDS" us that we have two strong hands----to accomplish anything we desire!
Ahhhh...America..."land of the free and home of the brave"
Yeah right! Most of us are sissy-babies! We cannot handle a book like this. That's right, I said sissy-baby! The thought of NO MORTGAGE scares the hell of most people. WHY!?!?! Because it GOES AGAINST THE MASSES! That's why. We are an image conscious nation - when we should be a character-conscious people!
I read this book one night in Borders. It disturbed me and moved me very much. I realized that at least for my "line of thought" regarding a home - I had settled. That night I made a decision at 30 years old to follow the principles in this book.
I am married and have been renting for 3.5 years. My wife and I purchased 2.1 Acres and have been living in a tent for two months now. I have no running water - but designed a hot shower system. I have a firepit, a toilet (which I bought for $9.99 at a hunting store), and my wife is as happy as ever!
We have chosen a design and will build in the spring. It will probably take us about 18 months to finish. After reading this book I realize that not everyone will choose to be mortgage-free - but ANYONE could be MORTGAGE FREE.
REMEMBER, DON"T FOLLOW THE MASSES - It will make you POOR!
Thanks Rob for your book and your vision!
Adam Edwards
Don't accept the Death Pledge - there is another wayOn the other hand, if you are independent minded, don't mind waiting for something worthwhile, can handle some discomfort, enjoy doing things with your own hands, and are completely repulsed by the idea of spending the rest of your life paying the bank for a cookie-cutter tract house, you need to read this book.
Rob Roy has long been a familiar name in the world of alternative construction methods, yet the ideas presented in this book are applicable to any style of construction, from stick-framing to whatever you can imagine. This is a distillation of Mr. Roy's many years of mortgage-free building projects. Not exactly a how-to book in the sense of the actual building itself, it is, as the title suggests, a series of strategies on how to save money and keep the bank out of your project, from finding and buying land, to building a temporary shelter, to designing & building the house itself. The second half of the book tells the stories of various folks who have actually pursued these strategies, and the various successes and pitfalls they encountered.
THIS IS A VERY EMPOWERING BOOK. While reading it you will begin to feel a rising sense of excitement as it dawns on you that YOU ACTUALLY CAN DO THIS. Visit www.cordwoodmasonry.com to order the book direct.

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Starting Place
A great primer for the first-time home buyer
Most useful book during my home search...
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Disseparate thoughtsHowever, this is simply a collection of loosely connected thoughts strung together to create a book. Here is the plan presented in the book -- Find a $250,000 that you can purchase for $190,000 from a motivated seller, and sell it to someone else for $230,000, then retire rich.
Not much of a plan if you ask me, especially when where I live, a $250,000 would be a mansion, not a 3 bedroom 2 bath starter house. A real presented plan would be, do A, B, C, D, etc.
What he is suggesting in the book is not investing, rather it is speculating in real estate. While there is nothing wrong with that, let's call it what it is.
His other book, "Unlimited Riches," which I also own, covers everything here, and is a much better written book. It at least presents a cohesive plan that a novice might be able to follow.
The book updates us on where Mr. Shemin is going in his life, and career. He lets us know that he got out of the landlord business and is now speculating in real estate and "writing paper," (hard money lending) as he calls it.
I have read many what I call "Rah Rah" books. There is nothing wrong with convincing people that they too can succeed in real estate, but this book doesn't even do that.
I always try to find 2 or 3 new ideas, even out of a bad book. While there are a few ideas that make me go, "Hmm, interesting," there are no sonic booms here. The book comes off as an advertisement for his real estate seminars and multilevel marking of some products, nothing wrong with that, but not much else for me to sink my teeth into.
I am presently reading his new book "How to Avoid the 75 Mistakes Every Investor Makes." That book should have been 50 Mistakes, but they stretched a few to get 75. Mind you, they are not bad, just that some didn't even take up half a page, and there are 250 pages in that book.
If you have the money, buy the book, but if you have to choose between this one and another one, pass this one by. However, that said, do purchase his Millionaire books. They are worth the money.
In closing, I'd like to find someone who would write a book on how to check real estate records for liens. You know, the nitty gritty work of real estate investing. Instead, they all want you to pay the $1000 for this information.
BOY WONDER -- THE REAL DEALLaying the foundation, learning the process, focus, and determination are the keys to a successful realestate business. Robert Shemin does it again. He gives you all this and more. He includes sample contracts, advantages and disadvantages, and most important, how to be creative with making the money you desire.
Guaranteed, you can trust his practical advice and implement his strategies. This book is a winner!!! I highly recommend it to anyone who is a beginner or advanced realestate investor. You will only learn and make real money from Roberts book.
Confirmed Sheminite!
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.