Real estate investing for dummies review

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I wasted so much of that loan money on useless crap. It makes me blind with rage just thinking about myself back then. I have spent the last three years whipping myself into financial shape, and when I sat down and read Personal Finance for Dummies, I knew my transformation was complete. I entered the cocoon a passionate young man and emerged from my pupa a grizzled adult who cares only about making the most money possible with my limited skills and ruthlessly providing for my family.

This is who I am now. God help us all. It provided a nice foundation for prospective homebuying, which is the whole reason I went "money mad. Frankenstein gave his monster. I have become a monster. It takes some humility to read "for dummies" books but I actually learned a ton and felt that it provided a very comprehensive, easy-to-understand explanation of conservative investing principles. I learned about ETF's, mutual funds, stocks, bonds, real estate investing, small biz investing, and general principles such as diversification and risk tolerance.

Tyson could have organized the book a bit better sometimes this issue is exacerbated when readi Finish this on the flight back from Cancun. Tyson could have organized the book a bit better sometimes this issue is exacerbated when reading on Kindle because you can't easily find old notes or chapters , but his writing style seems relatively unbiased and it is great to learn about all the different sources of bias in financial brokerage firms and media coverage.

Highly recommend for any millennial seeking to take control of his or her finances. Eric Tyson, the author, has a lot of experience as a financial counselor, helping peop I picked up this book after reading Pound Foolish: Exposing the Dark Side of the Personal Finance Industry. Eric Tyson, the author, has a lot of experience as a financial counselor, helping people who've messed up from a little to a lot get themselves back on track.

It can also make you feel bad if you've fallen for one of the bad ideas; but at least he probably would blame the dealer and not you. The other thing I noticed reading it cover to cover is that it can get repetitive there is lots of hammering on the evils of consumer debt, for example -- but that is partly by design so that you don't have to read it all the way through. The book is organized such that you can flip to any chapter dealing with whatever question you have, and he'll cross-reference with other parts of the book as needed.

Happily, the table of contents is highly detailed as well, so that you can easily see which chapters might benefit you. This includes carrying a credit card balance and taking out a loan for a car. You pay these commissions, either directly or in the form of lower performance or higher fees, as compared to the no-load varieties.

The best money managers only work with enormously large balances, which you probably don't have. Both this book and Pound Foolish sing the praises of the Vanguard Group www. Any free advice is always trying to sell you something. That may be selling you on their funds, or on the idea that day trading is a good idea because they make commissions on your trades, or directly selling you products for which they earn a commission even if other products might have better returns or be better for your strategy.

Then you'll remember the advice or at least remember to look it up when the situation comes upon you. I've been reading a few books and listening to a TON of podcasts on real estate investing more on those in another post! Let's dive in! An Overview of Commercial Real Estate Investing Like many of the other "For Dummies" books, this one is designed as sort of like a manual of commercial real estate investing.

There are chapters that talk about the benefits of CREI and how to get started finding and making deals. The book also highlights the nitty gritty details of financing and owning and operating the investments.

Lastly, there is emphasis on how investors can scale their business to be sustainable for the long-term. Commercial real estate investing can be very lucrative and CRE tycoons often make the news: many of us have heard of some of the more [in? There's a reason why the rich love real estate: it can offer a diversified stream of income outside of the stock market, it can be a tax shelter, and it can be bought using leverage. These same reasons also make commercial real estate investing alluring to the average Joe Snehann!

Useful Advice and Tangible Tips What I really enjoyed about this book was that the authors support their advice with reason, statistics, and real-world examples. For example, there are some great tips on building and maintaining a rolodex of potential investors, including a word-for-word script readers can use to build their own network Pg.

It all sounds so easy There are even moments throughout the book where the authors talk about mistakes they made and how they lost a lot of money because they failed to educate themselves properly. And it's not just the authors. The book features short parables of other investors who lost money and recovered by following the straightforward advice provided.