Nothing Down for the 2000s: Dynamic New Wealth Strategies in Real Estate (Hardcover)
From Publishers Weekly
Real estate is both the “simplest, easiest, safest, shortest route to financial freedom” and an invigorating self-help regimen, insists this latest edition of the bestselling financial primer. Real-estate guru Allen?s system has two tenets: 1) buy residential rental properties from desperate “don?t-wanter” sellers, and 2) pay “nothing down,” using “Other People?s Money.” After a broad but incomplete introduction to conducting and valuing real-estate transactions, he gets down to the nitty-gritty. Tenet 1 requires searching classified ads, hunting for For Sale signs, rummaging through foreclosure, bankruptcy and divorce records and otherwise beating the bushes for motivated sellers, then wangling the price down further. Tenet 2 requires a labyrinth of “creative” financing schemes involving various combinations of partnerships, options, floating bank loans, life-insurance policies, unsecured notes, second and third mortgages on multiple properties a (more…)
Anonymous on 11 Aug 2009 at 5:58 pm #
4.0 out of 5 stars
Great Concepts
I read this book a couple of times just to make sure I had the fundamentals right. While Robert Allen has many great ideas and ways to buy real estate with no money down, I did…
Ira on 11 Aug 2009 at 10:25 pm #
5.0 out of 5 stars
Build Your Wealth With Real Estate
Robert Allen’s book Nothing Down for the 2000′s is a key tool for any investor to have in their personal ‘toolbox’.
Saber on 11 Aug 2009 at 11:19 pm #
4.0 out of 5 stars
Teaches a lot
I can see why people are successful reading this book. Interestingly, he begins with the real issue in one’s life – what do they really want to do with their lives?
Haile on 12 Aug 2009 at 12:56 am #
4.0 out of 5 stars
It’s a start!
There is really no middle-ground when it comes to Robert Allen. You either like his work or you think that his concepts are risky and/or far-feteched.
Luvenia on 12 Aug 2009 at 7:27 am #
3.0 out of 5 stars
Getting Started in Real Estate
This was an all around decent book for someone desiring to get started in the real estate business. It has 30 short chapters focusing on getting into the real estate business with…
Othello on 12 Aug 2009 at 9:32 am #
4.0 out of 5 stars
Stuff
Some of it kinda sounds farfetched, but I guess if sellers are desperate enough it could work.
Itala on 12 Aug 2009 at 1:44 pm #
1.0 out of 5 stars
Boycott Robert G. Allen!!!
Robert G. Allen is a notorious and relentless internet spammer. If you should happen to somehow end up on one of his email lists like I did, he will send you several junk emails…
Lindy on 12 Aug 2009 at 6:47 pm #
1.0 out of 5 stars
Great Scam
I was actually very impressed by the material in the book and would have undoubtly given it 5 stars. BUT something very fishy made me change my mind.
Wyatt on 13 Aug 2009 at 1:35 am #
5.0 out of 5 stars
The Father of No Money Down R.E. Techniques!
I found this book by Robert G. Allen very enlightening. It does go against the common dogma of real estate logic. But how often is common dogma correct?
Jens on 13 Aug 2009 at 6:35 am #
1.0 out of 5 stars
Fluffy book – Don’t waste your time
Yes, yes, there are some good concepts in this book, but overall it is very fluffy and most of the ideas are VERY poorly explained.