||4 of 4 people found the following review helpful.| Major FAIL|By George_MD|2 major drawbacks. 1). The author suggest buying rental properties with negative cashflow. It doesn't take a rocket scientist to realize that you wont become rich if you're paying OUT more than you are getting IN. One major maintenance issue will make you broke for with negative cashflow you won't be able to build cash reserves. Then he suggests us|From Publishers Weekly|Starred . As pointed out by Lereah, senior vice president and chief economist of the National Association of Realtors, "over 80 percent of homeowners in America depend more on the value of their home for retirement than stocks and other
Whatever the national trends are with regard to real estate – whether they are booming or busting–what really matters is what the market conditions are in your region, town, or neighborhood. For as David Lereah points out, in the end, all real estate is local.
What does that mean? Even during the real estate boom of 2001-2005, a great many cities and regions did not participate in the boom–they lagged behind, or even decreased in value. S...
[PDF.nr65] All Real Estate Is Local: What You Need to Know to Profit in Real Estate - in a Buyer's and a Seller's Market Rating: 4.83 (771 Votes)
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You can specify the type of files you want, for your gadget.All Real Estate Is Local: What You Need to Know to Profit in Real Estate - in a Buyer's and a Seller's Market | David Lereah. I was recommended this book by a dear friend of mine.