!!> Reading ➳ The Automatic Millionaire Homeowner: A Powerful Plan to Finish Rich in Real Estate ➬ Author David Bach – Soaringeaglecasino.us

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!!> Reading ➳ The Automatic Millionaire Homeowner: A Powerful Plan to Finish Rich in Real Estate ➬ Author David Bach – Soaringeaglecasino.us
  • Paperback
  • The Automatic Millionaire Homeowner: A Powerful Plan to Finish Rich in Real Estate
  • David Bach
  • 12 August 2018
  • 9780767925457

    10 thoughts on “!!> Reading ➳ The Automatic Millionaire Homeowner: A Powerful Plan to Finish Rich in Real Estate ➬ Author David Bach – Soaringeaglecasino.us


  1. says:

    My attention to detail skill was absent when I bought this audiobook on iTunes I wanted The Automatic Millionaire, but bought the Real Estate version by accident While I still want to go back and read that book, I cannot recommend this particular book Bach begins by stating the stock market cannot produce the returns of real estate His disclaimer is the book is written in 2006, so some things may change when the reader goes through it He mentions his methods are timeless because everyone needs a home He discusses building wealth through borrowing other people s money While he spend 12 chapters talking about building a portfolio of real estate, he does not adequately discuss risks invovled I give him credit for stating that get rich quick does not work and that the reader should take tiime to build their real estate wealth This is because the home is one of our most valuable investments I just cannot begin to agree with his methods of using debt to build w...


  2. says:

    Wow This book was written at the height of the housing bubble As such, many of its assertions are downright laughable For example, the author claims anyone can and should get a home loan, even if you have bad credit and no money for a down payment Also, the author reasons that the average income of homeowners is greater than that of renters therefore, if you want a higher income, buy a home Are you kidding me Correlation is no...


  3. says:

    My wife and I went to a home buying seminar put on by our credit union, and one of the speakers recommended this book It s a quick read, and although it s a little dated author David Bach is writing in 2005 just before the housing bubble crashed, and he also over explains some computer things like how to access Google the main points still seem valid Namely, it s easier and affordable to buy a house than many renters assume especially if you aren t holding out for a dream home , real estate that you aren t buying just to flip is one of the best low risk ways to build your finances, and paying half your monthly mortgage fee every two weeks won t squeeze your budget too much but will net you the equivalent of a whole additional month s payment every year, drastically reducing the overall interest you will pay over time.Bach does include some tiresome cliches like cutting out a daily latte as another pathway to prosperity, and he mistakes correlation for causation when he notes that the average renter has far less personal wealth than the average homeowner, but these faults are oddly so glari...


  4. says:

    I found this book to be surprisingly useful Well not a guide on how to become a millionaire, it is a guide on how to buy a home He wrote this book on the way up of the big real estate crash in 2007 and 2008 Much of his perspective is shaped by a real estate market that s going crazy and dubling rapidly Perhaps we...


  5. says:

    I remember reading this book when it was new, around 2006 or so, and the advice not to buy condominiums as investment properties has stuck with me ever since This book says condos have too many rules and regulations which will dri...


  6. says:

    One might think that a book about making millions in the real estate market that was written in 2005 would be hopelessly irrelevant today However, that is decidedly not true about The Millionaire Homeowner David Bach turns out to have been remarkably prescient about the housing and lending crash of these past few years In fact, in this book, he describes the causes and effects of the crash in detail, before they happen, and advises against each of them return return I d highly recommend this book to anyone for several reasons First, it is short and an easy read Second, it is an excellent primer for basic real estate and finance terms and concepts Lastly, I firmly believe in his path to wealth and that he has grasped a measured, sober way to build wealth and value that is pretty approachable He has lots of gems like It isn t timing the market, it is time in the ...


  7. says:

    Yes, I m reading yet another David Bach Finish Rich book I ve just really been enjoying his quick read books and simple, easy to understand approach to financial planning I thought this book would be a good refresher course to home buying as we look to buy our second home in a few months This one focuses on how to use your house to become a millionaire by basicly explaining how to get the best mortgage and save on interest, as wel...


  8. says:

    Practical advise aimed at the first time home buyer If you are thinking about giving up renting, but aren t sure, if you are confused by the various types of mortgages and financing, if you are scared of picking a realtor, this book will be helpful If you ve already purchased a home, it is simply a ref...


  9. says:

    I read this just out of college, and it gave me some great ideas It is a realistic approach to how an average Joe can get ahead and become a multi property owner in his her lifetime Very doable


  10. says:

    Some things in here I know I m going to use The best part about this book is that the author repeats many times, that people who buy lots of houses just to flip them are stupid jerks who ruin it for everyone else.

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