Skip the Flip: Secrets the 1% Know About Real Estate Investing
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Review : Want to get started investing in rental property, but not sure how? Do you want to become a full time real estate investor, but not sure where to start or how to buy rental property with confidence? Have you heard about real estate loopholes, but not sure how to use them to benefit you? This useful and informative guide will break down all the barriers you have to get started investing in real estate. Skip The Flip teaches you the fundamentals you have to know to be a successful investor. The system is broken. What was once great advice of going to school, getting good grades, saving money and investing in a 401K is long gone. Many things in our financial system are broken and pitted against you. Were you taught in school how you can use other people's money to make yourself wealthy? Were you taught how you can generate millions a year in passive income through buying assets that puts cash in your pocket each month? Were you taught how to legally avoid paying a dollar in taxes. No, you weren't. Skip The Flip busts down all those walls and shares with you in an easy to read format exactly how you can use the information that the wealthy 1% has been using for decades. Skip the Flip gives you the knowledge you need to change your financial life. After reading this book you will be able to: Invest in Real Estate with no money Pay no taxes (legally) so you can keep all the money you earn Use debt to grow you wealth Value any piece of real estate so you will know what is a good deal Build your monthly cash flow so you never have to worry about money again. Follow the advice in this easy to read book and your bank account will compeltely different in less than a year. What is stopping you from building enough wealth and passive income to quit your job and live the life of your dreams? Scroll to the top and click the "buy now" button. Read more
Review : I bought this book based on other reviews. As someone who is flipping houses quite profitably, I wanted to see what the counter-arguments against it would be. This book falls under the same general philosophy as "Rich Dad, Poor Dad" and the Robert Kiyosaki investing advice, which emphasizes aggressive investing to generate assets and cash flow. Hayden makes a concise and well-reasoned argument for why cash-flow generating properties such as apartment complexes, commercial real estate and storage units are a better investment than flips. He also offers brief and succinct explanations of some of the important terms and concepts to know in real estate investing. I found his advice valuable and enlightening. I agree with most of what he says, though I think a more nuanced approach which takes into account the specifics for different markets and gives more weight to the quality of investments would be worth considering. Still, I felt this book brought a lot of value and was very worthwhile. It has gotten me thinking differently about how to invest in real estate and I will definitely follow some of his advice. I did have to dock a star and give it a 4/5 because the writing of the book felt hurried: it also lacked the copy-edit a major publisher would bring. Yet for the practical info and opinions it provides, I feel it's very worthwhile.
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