The ABC’s of Real Estate Investing
The Secrets of Finding Hidden Profits Most Investors Miss
In this 2004 publication, the author Ken McElroy discusses strategies to real estate investing. Rich Dad’s Advisors: The ABC’s of Real Estate Investing: the Secrets of Finding Hidden Profits Most Investors Miss is a book for beginners in their quest to actualize their real estate investing dreams.
Ken McElroy offers advice and how to applications of it in a way that is easy to read and comprehend. With chapters discussing the myths of real estate investments and chapters on how to evaluate a property and judge it’s worth are essential for anyone who is just starting up in their real estate venture. Giving mathematical calculations, Ken McElroy demonstrates how to find the right property, set the right price for your property, and negotiate the right deal for your property. With his advice the step from thinking about going into real estate investments to actually doing so to generate more cash flow is unavoidable.
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I agree that people starting out in real estate investing often “leave a lot on the table”. Finding the right property is obviously the number one concern but knowing the secrets to finding and keeping the right tenants is second on the list. Many an investor has had the rug pulled out from under them with just one bad tenant.
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