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Title: Shark Infested Waters
Review: Know who you're dealing with here. There are all kinds of people in the real estate business, and then there are sharks....In terms of the book itself, some of the tactics here are simply unethical. Much of the book relies on owner-financed deals. In order to get the owners to accept below market interest rates, the authors suggest labeling the payments "thank you payments" instead of interest. "Just by labeling the payment this way you de-emphasize the need to get an interest rate" (p. 103). Lessons in how to deceive and swindle, sweet dreams.They also suggest you push for a same day decision on any property. By all means, don't let the owners sleep on it, they might come to their senses!These are nasty people, every book has some good ideas somewhere, but this one was too nauseating to wade through looking for them.
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