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Showing 1-2 of 2 reviews(3 star). Show all reviews
on July 30, 2006
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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on February 16, 2006
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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