Product Description

Real Estate Advantages is for first-time as well as seasoned real estate investors. It reveals the tax and legal loopholes available and most important, how they can be used together to not only maximize your income--but accelerate your income from real estate investing. Sharon Lechter and Rich Dad's Advisor Garrett Sutton team up for the first time to deliver practical, proven strategies and formulas--from the perspective of successful investors, CPAs and asset protection attorneys--for acheiving the greatest leverage from real estate investing. Written in easy-to-understand language, this book de-mystifies the legal and tax aspects of investing with easy-to-follow, real life examples. Real Estate Advantages reveals how you can find good advisors, create steady monthly income, reduce your risk, pay less in taxes, make more money with your banker's money and, best of all, the government helps you!

Product Details

• Amazon Sales Rank: #6087 in Books
• Published on: 2006-11-14
• Number of items: 1
• Binding: Paperback
• 288 pages

From AudioFile
In a program that is part of Kiyosakis Rich Dad series, a CPA and an attorney offer a concise, pro-active, and enthusiastic guide to real estate investing. Framing their ideas within Kiyosakis theory of cash-flow quadrant, they show how owning property can be a tax-advantaged means to earn enough money to start other businesses and become financially independent. Though all investment strategies have risks, they explain their ideas with enough detail and clear examples to help listeners understand the complexities of real estate. Working with trusted advisors and using their investing formulas can moderate the risks. Garrett Suttons tone and pacing convey a sense of measured optimism and curiosity. T.W. © AudioFile 2007, Portland, Maine-- Copyright © AudioFile, Portland, Maine

Customer Reviews

Excellent starter for investors looking at the long-term
I bought my first property just before I purchased this book. I received it just before an international business trip, and didn't get any sleep on the flight because I was pouring over the basic concepts and ideas that fill this wonderful book.

If you are already in real estate and know the basics, you may not need this book. If you already have your team of advisors and know who to go for when you have questions, you may not need this book. If you understand the differences between LLCs and LP and why one is better in California than in Nevada, you may not need this book.

For most beginning real estate investors, this book is just the right amount and just the right speed to get started. Garrett and Sharon don't look at the buy-and-flip models, but rather at the advantages of staying in real estate, building a portfolio, and intelligently upgrading your properties (1031 Exchanges). They also go over the long-term planning aspects of inheritance and how to move your properties to family members with minimal taxes. They don't profess a silver bullet, but rather a rational plan to financial success through real estate.

Verdict: Highly recommended.

Great motivational and informational book
What can you say? It's another rich dad book. Very informative and written primarily by professionals with an in-depth view. The book is a good read for anyone. It gave me a lot to think about and some things to discuss with my team. No dull spots in this book. Read it cover to cover in a few days. Worth reading twice.

A Very Good Book
It certainly should be in your library. You're sure to find at least one or two nuggets that will more than pay for the book.

Perhaps you'd like to look into this one too:

The WealthLoop Series Beginner's Guide to Building Wealth Buying Houses: The Foolproof Roadmap to Real Estate Riches Without the Risks and Hassles of Landlording.