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Title: Excellent book with clearly explained principles
Review: This book provides an excellent overview of real estate investing from the point of view of a small investor. It explains the basics quickly and clearly. The authors do a superb job of treating a wide variety of issues (ranging from tax optimization strategies, to meausuring returns on investment through various metrics, to choosing appropriate appliances) with enough depth to explain what is important without boring readers with too much minutia. If I have any criticism, it is that the authors do not spend any time at all on the financial and/or emotional dangers of becoming over-leveraged.
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