Product Description
Successful Real Estate Investing is written specifically for novice investors who want to get started with confidence. It highlights 75 of the most common mistakes investors make and offers specific, real-life strategies for avoiding them. Each mini-chapter covers one mistake and offers pearls of wisdom based both on Robert Shemin’s long experience as an investor and on case studies of investors he has met or assisted along the way. For investors worried about making a particular mistake in any step of the investment process, this is the only real estate guide that offers quick, expert guidance on avoiding everything that could–but won’t!–go wrong.
Successful Real Estate Investing covers these mistakes as well as many more:
- Forgetting to screen all tenants
- Not taking in adequate cash flow
- Missing out on special loan programs
- Not having the proper insurance
- Holding onto a rehab or rental house that won’t sell or rent
- Thinking short-term when you should be thinking long-term
- Punishing bad tenants without rewarding good ones
- Failing to establish minimum requirements for tenants
- Failing to inspect properties regularly
But Successful Real Estate Investing is more than just a list of troubles to avoid, it also teaches the most important keys to real estate success: keep it simple, believe you can do it (because you can!), inform yourself so you know what you’re doing, and stick with it! With common sense and the uncommon guidance you’ll find here, there’s nothing standing in your way!
Click on the link to order —>Successful Real Estate Investing: How to Avoid the 75 Most Costly Mistakes Every Investor Makes
Successful Real Estate Investing: How To Avoid The 75 Most Costly Mistakes Every Investor Makes lists many common errors in judgement that real estate buyers make – mistakes that can be horrifically costly when investing hundreds of thousands of dollars into property. From relying on what people tell you instead of what they actually do, to overspending on rehab projects, to failing to review one’s finances, progress, and overall activity at least once a week (a comon business problem) and much more, Successful Real Estate Investing charts critical pitfalls to avoid. Appendices offer means to find great real estate deals, top 10 common mistakes complete with lists for the reader to write in, six basic rules of negotiation such as “never mention a number unless you absolutely have to” and “get it in writing”, and much more. A superb supplementary resource for savvy investors seeking to learn the easy way – from other people’s mistakes rather than one’s own.
Rating: 5 / 5
This is a very good book that offers sound advice to investors. Any one of these 75 mistakes could cost someone a bunch of money if they didn’t know what to look for and avoid.
Someone once said about investing, “At all levels of play, the secret of success lies not so much in playing well as in not playing poorly.” With that in mind, this book will serve a very definitive purpose for real estate investors who are going about investing one investment at a time, learning as they go, and trying to keep as much of their profits as they can.
Rating: 4 / 5
If you are in a real estate investing rut, sitting on that investing plateau, or are having trouble moving forward and need to sure-up your strategy, this book is an excellent resource to get you over the hump and on your way.
I heard once a quote about investing that I think this book nails on the head, “At all levels of play, the secret of success lies not so much in playing well as in not playing badly.” Anyone who has ever been involved in real estate investing, or any kind of investing for that matter, knows this to be fundamentally true.
Mr. Shemin, in this book and a couple of his other books I’ve read, has a way of breaking down those hard-to-understand “investing doctrines” and presenting them in laymen’s terms, quite a feat given his background as an attorney, just kidding. I think here, he covers critical real estate investing material that is applicable to every real estate investor, regardless of level or experience. Two thumbs up.
Rating: 5 / 5
I’ve just become interested in real estate investing and this is the third book I’ve read. It’s the first one where the author repeatedly pushes his other products as part of the solution for avoiding the mistakes he identifies. It has been helpful to read the short examples he presents, just to have an awareness of these pitfalls, but he doesn’t adequately discuss avoiding the pitfalls. I’m glad I borrowed this book from the library before buying it because it isn’t a book I feel is worth owning.
Rating: 2 / 5
Finaly,understanding what I’ve been doing wrong for so long! Not only could I identify with specific situations he talked about in each chapter, I thought it really flowed together what a increadable book! After reading Robert Shemin’s 75 most costly mistakes, I now know “hands on” how to correct MY most costly mistakes. I strongly recommed this book to anyone who owns, invests, or manages propertites. His book was truly an eye opener. One of the best real estate investing books I’ve read in a long time. It literaly taught me realistic techniques on how to manage my properties, and not to have my properites manage me.
Rating: 5 / 5