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Real Estate Investing in Canada: Creating Wealth with the ACRE System Hardcover – Jan 16 2009


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Real Estate Investing in Canada: Creating Wealth with the ACRE System + 97 Tips for Canadian Real Estate Investors 2.0 + The Canadian Real Estate Action Plan: Proven Investment Strategies to Kick Start and Build Your Portfolio
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Product Details

  • Hardcover: 312 pages
  • Publisher: Wiley; 2 edition (Jan. 16 2009)
  • Language: English
  • ISBN-10: 0470158891
  • ISBN-13: 978-0470158890
  • Product Dimensions: 2.5 x 15.8 x 22.8 cm
  • Shipping Weight: 499 g
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (38 customer reviews)
  • Amazon Bestsellers Rank: #33,240 in Books (See Top 100 in Books)
  • See Complete Table of Contents


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Customer Reviews

4.2 out of 5 stars
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42 of 46 people found the following review helpful By A Customer on Feb. 16 2006
Format: Hardcover Verified Purchase
There is useful information between the covers of this book; unfortunately, most is buried within the context of conversations with the author, his friends and his "student". I did not like this style of writing at all and found it frustrating, at best; almost like reading a poorly written novel with truly inane dialog about skipping stones across a lake and farming, two give just two examples. If you can get by this (and it is clear most previous reviewers have), the information available is useful, but still incomplete.
For instance, the treatment of holding three investment properties when approaching lenders was informative. But since CMHC requires such large down payments on investment property, I would have liked to have read how we are expected to raise this capital. I would also like to have seen more on the fees and processes used by CMHC when investing in second or third properties.
Since there are also many differences between American tax law and real estate law and because we are inundated with so much of this American information, it would have been nice to see at least a chapter on these differences and how what we think may work in Canada won't, because of these differences.
Finally, buyers of this book gain access to the author's website. You should realize, however, that while there is some useful information there, its main purpose would seem geared to selling you a fairly expensive investing program. (I suspect this is how the author can finance his investments!)
This book is a good start, but the serious investor will need to consult other sources to gain a clearer picture of investing in Canadian real estate.
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126 of 140 people found the following review helpful By A Customer on March 3 2006
Format: Hardcover
Be aware that this book is written buy the leader The Real Estate Investment Network (REIN), the real estate equivalent of Amway. Although a small amount of unique information is included in the book and on the Website, you must pay more money to get the "good" stuff. But Buyer Beware! Their motto is no hype and baloney but, in fact, that is what most of the Website is, hype about the product. It is the circle that feeds itself. The website insists you to go to the seminars, join the club, etc .... And then the seminar speakers encourage you buy the product, join the club in order to access the Website, which then tells you to go to more seminars... and so it goes. A big web of self promotion, with the leaders at the top getting extremely rich off of all the "would be" real estate investors.
I myself am a veteran RE Investor and have attended some of the REIN events. Although real estate investing is not difficult, it is not easy and not for everyone (as the author would have you beleive). It takes more then a dream of Belize and a desire to be rich. You need to have a passion for the business. It needs to excite you, be something that you want to do for many years. No one loves talking about real estate more then real estate investors. If you make a small effort to get to know a few you will learn all this information and more for free.
I am suspicious of some of the other reviwers as this auther has a very dedicated "flock" who I am sure have posted reviews here. It would make sense that they would give the book a good review even if it was awfull as this will encourage more people to come to the seminars and buy the products that are sold by the elite members.
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38 of 42 people found the following review helpful By P. Gravel on July 30 2006
Format: Hardcover
To use Don R Campbell's own words "What's behind the curtain?". This is the first book I have read about real estate investments and I did find it somewhat informative. It provides good common sense for researching properties, areas, negotiations. It did also provide allot of positive enthusiasm and confidence...a bit like a self help book would provide.

But the content seems superficial, there is no details on how to raise capital. ex: We get the impression Richard is flat broke yet he has the cash to buy an investment property!?!?!?! What is the minimum required capital required for investment property compared to personal property? How do we nogotiate with the real estate agent as compared to the seller, which I would assume would be the case most times.

Going to the asssociated web sight was the biggest disappointment. The first impression is buyer beware. Internet marketing at its most agressive. Leaves me wondering where did they actually make there money, on real estate or on selling the hype and other products?

Either way the book did have allot of good information to encourage me in studying more about Real Estate Investments. I would recommend to anybody who wants to consider this type of investment with a strong caution of "BEWARE - WHAT'S BEHIND THE CURTAIN"
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3 of 3 people found the following review helpful By Brent Beagle on June 12 2005
Format: Hardcover
This book covers all the fundamentals and systems my family has used over the last 9 years to accumulate a portfolio of over 50 properties. I was pleasantly surprised with the many gems of wisdom throughout this book. It's a resource I'll keep close at hand as we build our real estate portfolio.
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3 of 3 people found the following review helpful By Wendy K. on May 29 2005
Format: Hardcover
My portfolio includes various cash positive real estate properties as well as businesses. I found this book to be excellent information that I have already found useful. I recommend this book highly to anyone interested in real estate. I also recommend another book I just completed called Stop Working by Rohan Hall which focus on the entrepreneural side of things. Both books are excellent for anyone serious about wealth.
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