Re: Let’s Get Real! - Posted by Eduardo (OR)
Posted by Eduardo (OR) on February 12, 2000 at 01:21:35:
Jim asks, “What is the best real estate book written?” I take this not to mean what is the most popular book ever written or the best book by a self-styled real estate educator, but what is the best book by a real investor for showing me how to make MONEY investing in real estate. My vote, therefore, is for Steven Jay Fogel’s The Yes-I-Can Guide to Mastering Real Estate (out of print). He writes (1987), “Twenty years ago, I made my first investment, a house I bought with a $5,000 down payment–which I didn’t have when I made my offer. Today my company operates over $300 million worth of real estate in seventeen states. And I bought all of it exactly the way I bought that first house, with the same approach I’m going to teach you.” This book is thorough and a good read for any level investor including beginners. I gave my copy to my son who, still in his twenties, owns two triplexs and a SFH as well as his own home and business. Then I got another copy for myself from Amazon.com’s out-of-print search service. Last year Fogel, co-founder and CEO of Westwood Financial Corp., was appointed to the California Fine Arts Council. How much did Nickerson, Allen and Lowry make in real estate? Several million each? These are good authors, but THINK BIG! There have been hundreds of real estate books published over the years and creative real estate goes back long before Allen and Lowry. Many cutting-edge materials are available from this site. “If you think education is expensive, try ignorance.” --Eduardo
P.S. Books by academics aren’t worth it. How much money have they made?