Negative Positive
Title: Inaccurate and Dangerous
Review: For a former accounting professor, Masters gets the numbers all wrong in this book. Using the logic in this book, Masters gets up to a 43% long-term annual return on real estate investments. In CH5 where Masters describes the source of real estate profits, the author includes paydown of a mortgage loans principal as one of the sources. In fact principle payments increase the amount invested in the property and reduces the return rather than increases it. This is just where the errors begin.Masters targets this book at neophyte small investers. My advice is that neophytes who don't have a sound understanding of finance should stay far away from this book. For anyone else it's buyer beware.
Is the review positive or negative? 