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Creating Wealth: Retire in Ten Years Using Allen's Seven Principles of Wealth
 
 

Creating Wealth: Retire in Ten Years Using Allen's Seven Principles of Wealth [Hardcover]

Robert G. Allen
3.7 out of 5 stars  See all reviews (29 customer reviews)

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"I have just finished reading "Creating Wealth" for the second time and will say this book is definitely the best financial text I have ever studied."-- Jeff Rickerson, Jefferson City, Missouri

Book Description

Popular speaker, multimillionaire, and author of the all-time bestselling real-estate book "Nothing Down," Robert G. Allen knows how to bring you financial success. With his seminars sweeping the nation, Allen is at the cutting edge of strategic wealth creation now more than ever. And in this completely revised edition of his classic bestseller "Creating Wealth" Allen gives you the basic principles that you need to stop thinking poor and start growing rich.

Moving beyond just real estate, Allen goes straight to the core of people's inner motivations and beliefs about money to give you all the fundamentals of wealth creation. By developing a wealthy mind-set, anyone can take off into financial self-reliance -- and Allen shows you how. He explains the ways in which most of us have been programmed to think that only saving is good and debt and risk are bad, so that in our efforts to gain security, we cheat ourselves out of getting rich. The key to changing that mind-set is Allen's unique integration of real estate with other wealth-generating investments.

In his trademark, easy-to-understand style Allen spells out all his practical applications and shows you how to:

Take advantage of recent tax laws Use leverage to multiply holdings while minimizing risks Benefit from high-yield discount mortgages Acquire long-term profits in gold and silver coins Set up corporations and trusts to protect assets Find the highest rate of return with the greatest liquidity

As Robert Allen has proved in his own life -- becoming a multimillionaire well before he was thirty-five -- it doesn't matter how much or how little money you have when you start as long as you understand the right principles -- timeless principles that can make you a fortune.


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Front Cover | Copyright | Table of Contents | Excerpt | Index
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Customer Reviews

29 Reviews
5 star:
 (15)
4 star:
 (4)
3 star:
 (1)
2 star:
 (3)
1 star:
 (6)
 
 
 
 
 
Average Customer Review
3.7 out of 5 stars (29 customer reviews)
 
 
 
 
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1.0 out of 5 stars Out of date., Dec 16 2007
This review is from: Creating Wealth: Retire in Ten Years Using Allen's Seven Principles of Wealth (Hardcover)
My title says it all. Its just a rehash of many of his No Money Down books and its now very dated.
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4.0 out of 5 stars A Thoughtful Book, Feb 20 2004
By 
Ron (North York, Ontario Canada) - See all my reviews
Creating Wealth is a thoughtful book. It presents a lot of "How-to" techniques that teaches you how to create wealth in real estate, collectible coins, all the way to using corporations to your advantage. The Real Estate section is particular well done and i really like the charts and diagrams he used to demonstrate what to look for, how to look for it, what to buy, what not to buy. The author also provides a series of negotiation scripts to demonstrate how the whole process works. Compare with some of Robert Allen's later books, i think this one is more complete, more thought out and less on self bravados. I would suggest that you should read/study this book with an open mind and a critical eye. This book is about establishing a different thinking process, but you'll still need to have the technical know-hows to fully protect yourself from any Real Estate Pitfalls.
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4.0 out of 5 stars An enlightening novel, Feb 2 2004
By 
Evan Wearne (Lincoln, NE United States) - See all my reviews
(REAL NAME)   
This book is great. It has given me the plan to apply to my motivation. The advantages of investing in real estate are amazing and this book shows many of them. I read this book after reading four of the Rich Dad Poor Dad series, and must say I enjoyed the change. While Robert T. Kiyosaki gives reasons for getting wealth and motivation to gain wealth, Robert Allen actually puts forth a plan for gaining wealth. This book is about strategy. Allen has a plan that worked for him, and he shares it with us. Buy real estate, three bedroom houses, and rent them. After ten years, buying two houses a year, one could have a million dollars in equity. I also like the way he writes. His style is entertaining and exciting. He loves what he does, and it comes across in his writing. Additionally, he gives tips on finding the right houses, the right neighborhoods, the right sellers, the right financing, and the right tenants. I encourage you to buy and read this book, because I think you will read it more than once.
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