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Title: Full of information!
Review: Real estate investing is not for the faint of heart. But this book is well thought out and the numbers do definitely make sense. I am a real estate investor as well as a property manager and own a brokerage. The key is once you buy the property, is to make sure you have good tenants who won't trash the place and put you in a bind if they leave in the middle of the night and you have literally thousands of dollars of damage. You have to not only buy right, but have the stamina to do the management, or hire a management company who can do a good job and you still can cash flow. You make money in real estate going into the sale! You hold on to equity by finding and keeping quality tenants. Definitely not pie-in-the-sky, but rather "do-able". And you need to pick your properties carefully and remember that location is everything. Allen's book is good for those who understand the basics of real estate, but definitely not for the rookie.
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