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The Weekend Millionaire's Secrets to Investing in Real Estate: How to Become Wealthy in Your Spare Time Paperback – Sep 15 2003


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Product Details

  • Paperback: 288 pages
  • Publisher: McGraw-Hill; 1 edition (Sept. 15 2003)
  • Language: English
  • ISBN-10: 0071412913
  • ISBN-13: 978-0071412919
  • Product Dimensions: 2 x 15 x 22.5 cm
  • Shipping Weight: 408 g
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (27 customer reviews)
  • Amazon Bestsellers Rank: #322,816 in Books (See Top 100 in Books)


Inside This Book (Learn More)
First Sentence
We don't say that real estate investing is the only way to get rich. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Customer Reviews

4.6 out of 5 stars
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Most helpful customer reviews

2 of 2 people found the following review helpful By R. Jones on June 1 2004
Format: Paperback
This book contained some useful information with regard to negotiating, and some of the basics of investing in real estate, but in my opinion it is far from a 4 star book. A major problem I have with this book is all of the success stories about Mike- that go something like, don't expect this to happen often but Mike once did this or that- the stories are very unrealistic.
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2 of 2 people found the following review helpful By Eleanor on May 22 2004
Format: Paperback
Well, yet one more example that we're in a real estate bubble. Four or five years ago, our financial salvation was in Internet companies; today it's real estate.
This book was more of an autobiography. Despite its claims to the contrary, it is a get rich quick scheme. Real estate investing is more complicated that this book would lead one to believe. In reality, it's not as simple as churning property quickly. The real danger, as I see it, is people getting too highly leveraged when interest rates rise.
Read between the lines. If the advice sounds too good to be true, discount it.
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By Brian on June 24 2004
Format: Paperback
This book truly covers all aspects of real estate in a very useful, educational manner. The concepts are as timeless as they are valuable. I've read it three times, and I'm constantly referencing it fir information... a MUST READ!
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Format: Paperback
It is the best book on real estate investing that I have read in the nine years I've been in business as a real estate investor. I enjoyed the down to earth format that both Mike and Roger used to get their points across. The five chapters on "negotiations" by Roger is an expert negotiator and Mike has a sense of humor as a southern gentleman and a no nonsense approach to investing in real estate as "buy and hold" strategy. I highly endorsed the book to all of my students whom I am mentoring presently. You can't go wrong by reading the book and asking questions on the chat room at [...] to both Mike and Roger. Looking forward to their new book when it comes out!!!
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Format: Paperback
I have to laugh at reviews where on reviewer wrote "Mike did this and Mike did that. Wouldn't you want to be like Mike?" Since the title of the book is The Weekend Millionaire's Secret's to Investing in Real Estate co authored by Mike Summey, I would think that anyone who bought the book would indeed like to be just like Mike. After all, he is a millionaire and achieved his success in real estate. Why not be like Mike. Sure beats being like that one star reviewer who even came back and voted 47 times for his own review. Now that is somebody with a head trip!
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Format: Paperback
I bought this book largely on the recommendations here at Amazon.com. It was worth the money.
This is a fairly good book. If you want to get into real estate investing but are unsure how to start, as I do, this book will be useful to you.
The book is broken into three main sections. Section 1 discusses real estate investing in general. It gives plenty of real life examples of properties the authors have purchased, how the deals were financed, etc. Section 2 is Roger Dawson's tips for negotiating. Dawson covers these in his other books and tapes, but they're worth repeating here. Section 3 is the week-by-week guide to getting started. It is like homework for the reader.
The book seems to emphasize seller-financing quite a bit. Now, I've never invested in properties before, but how often can you find sellers willing to carry some sort of financing? I'm not sure. But the book isn't relying on 100% seller financing - more like 20% or whatever the bank won't carry as a mortgage.
The book also contains a fairly decent description on how to calculate the "wholesale value" of a property. So instead of starting from the retail price (what the seller is asking), you start from how much you can rent the place for and determine price from there. The terms of the financing have a huge impact on price, according to this book. So you can often give the seller 100% of their asking price, as long as you can get favorable a interest rate.
Very interesting. I'm actually going to read this book one more time.
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Format: Paperback
Most importantly I like the fact that the authors had the sense to write in short easy to understand chapters. While the book touches on the vast complexities of real estate investing and negotiating they do it in a way you can understand. I'm always skeptically of books that are printed in a yellow cover with the words weekend and millionaire in the title, but trust me (a person you never met) that the small investment of the purchase price and time to read it are worth your time (We've all blown money on worst things than this).
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By A Customer on March 13 2004
Format: Paperback
I have several of Roger Dawsons books and audio tape programs from Nightingale-Conant. He is the King of negotiating skills and the man that everyone goes to for advice.
In this book, Dawson offers his tips on negotiating for real estate deals. Roger also offers his expertise on all aspects of real estate investing.
With so many books out there on how to make money in real estate, what makes this one special? In two words Roger Dawson. He is not some get rich quick guru or paper tiger who writes books but has never done it. Dawson is highly credible, almost humble, highly skilled as an investor and unequalled as a negotiator.
Put that together and you have very possibly the very best real estate book available right now.
5 stars is not enough. Amazon we need 10 stars for this one.
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