Ebook Download , by Mark Ferguson
Ebook Download , by Mark Ferguson
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, by Mark Ferguson
Ebook Download , by Mark Ferguson
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Product details
File Size: 2693 KB
Print Length: 332 pages
Simultaneous Device Usage: Unlimited
Publication Date: March 27, 2016
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B01DJS4LAE
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Amazon Best Sellers Rank:
#32,188 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
This book is basically Mark's free blog posts smooshed together into a book you can pay for. I have no problem with a blogger finding ways to make money on his work but you should know that going in to your buying decision.Most of his empire building experience seems to be in the years following the housing crisis in a market that is very favorable to rental property buyers. This book could easily be called, "All my free blog posts put into a book you can pay me for about why you should have invested in Colorado real estate after the housing crash when everything was dirt cheap and there was a ton of money to be made". Although he talks about his strategies as if he's discovered the golden goose that will keep laying those eggs indefinitely as long as he keeps pumping in the corn feed, it's clear his success is largely based on favorable market conditions. In fact, the little bit of reading I've gone back and done on his blog shows that he's having to change his strategy now as it's no longer working after housing prices rose but rents didn't.I'm giving it three stars because the information is valuable but much of it is no longer relevant until we see a market shift.
After searching the internet and reading forums and articles on smart investment strategies, I arrived at the investfourmore.com website that linked to hundreds of free articles written by Mark. This sparked my interest in creative real estate investment strategies and lead me watching podcasts, webinars, attending seminars, reading biggerpockets.com forums, etc. After becoming well-versed in all the information available to consumers on REI, I must say Mark's information has proved the most valuable, and this book is no exception. I particularly enjoyed the section on how to get great deals on the MLS. Simple tricks such as keywords to look out for in the "MLS comments" is something I never even thought about and made the book worth the purchase price. Thanks for simplifying REI, and I with all the info you have provided, I hope to purchase my first rental before August to start my road to "Making One Million Dollars Investing in Rental Properties!"
Waste of time. Compared to The Book on Rental Property Investing from BiggerPockets... Which I also bought because I wanted to get as much info as I could... The problem with Mark's book is that is more like a compilation of blog articles. It lacks structure, number crushing, explanations... It's very opinionated... Instead of explaining how to do the math to objectively compare different investment options, he provides a poor example based on his experience and that's it. The math is deferred to online calculators on his blog. There's not a good summary of each chapter or a way to quickly get an idea for example of repair costs... In that repair section in particular, he spends like one or 2 paragraphs talking about his experiences instead of just providing a table for all the numbers that the reader should be aware of...Also, it's very unrealistic in the sense that he has a lot of tricks that regular mortals won't have which makes rental investing like an unachievable goal... For example, having a realtor license, an extremely good team, finding deals way below the market, etc. Probably good for someone willing to spend most of it's time on this business but not really appealing if you don't want to leave your job...
I am a real-estate agent that specializes in investment properties and an investor myself. I very rarely write reviews unless a book has provided me valuable information! This is one of those books. Overall, written in a very conversational tone and packed full of great information. Worth the $10 dollars. I'd consider myself somewhat of an "intermediate" investor, but I still think a beginner would find it useful.
I started off reading a few of Mark's blog post on investfourmore.com and I really liked the content he was putting out. I liked how his content had real value and specific details pertaining to real estate. From there I knew I had to buy his book "Build A Rental Property Empire" in order to really understand how to build wealth in real estate. This book exceeded my expectations! Mark covers all topics in regards to building a rental empire. He explains why he believes rentals are the best investments, keys to successful investing, how to analyze and run REAL numbers of owning a rental, the different types of rentals you can buy, clever ways to finance or invest with little money down, and much much more. I love how this book is put together in a cohesive manner and straight to the point, you won't have to dig through a bunch of fluff... it's all really good material. This book is a must read for anyone interested in building true wealth through rental properties.
Truth be told, this book is one of the best I've ever read. Mr. Ferguson does a spectacular job of informing the readers on all matters real estate. He has a very casual writing style that invites the reader into the topic of conversation. There is no hype or marketing shenanigans; only real world advice from a regular guy who has become massively successful applying the fundamentals of his trade.
This was an excellent book that offered a lot of specific detail and guidance as well as some new information that is not available in the beginners real estate investment books. I will hang onto this book and refer back to it. I do currently own rental property and was looking for guidance to get to the next level. I found this book helpful.
Repetitive, sometimes a little basic, but a good read and a good primer for people that have never thought before about going into the rental business. This guy FOCUSES on single family residences, and explains why he does so. I bought it for the financing ideas because that is where my bottleneck is. It was helpful.
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