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Build a Rental Property Empire: The no-nonsense book on finding deals, financing the right way, and managing wisely. (InvestFourMore Investor Series) [Ferguson, Mark, Helmerick, Greg] on desertcart.com. *FREE* shipping on qualifying offers. Build a Rental Property Empire: The no-nonsense book on finding deals, financing the right way, and managing wisely. (InvestFourMore Investor Series) Review: Great book for those considering investing! - My husband and I currently own 3 rentals: 2 inside my IRA and 1 outside. We bought in 2014/15 when property values were down (& rising) in FL and it has worked well for us. We bought based on gut. This book actually gives us solid info and numbers to consider for growing our portfolio. Mark is an easy going guy who is passionate about this business and that comes through loud and clear.. This book is an easy read, is thought provoking, and definitely helps one formulate their strategy. Check out his blog also. He does answer emails ;). Review: Great read even If you already own rental properties - This is a great book. I was afraid it might be too basic as Iโve owned and built rental properties for 14 years. But it was extremely informative. The book gives realistic numbers and provides pros and cons to the many ways to approach this. The book also provided ideas for me to implement on a going forward basis. Things I had never thought of despite devoting lots of time and money to rental property investing. Iโm very glad I read the book and highly recommend it to anyone interested in owning rental properties, even if you are already involved in owning and want to expand or just get better at it.
| Best Sellers Rank | #105,908 in Books ( See Top 100 in Books ) #81 in Buying & Selling Homes (Books) |
| Customer Reviews | 4.5 out of 5 stars 1,394 Reviews |
E**K
Great book for those considering investing!
My husband and I currently own 3 rentals: 2 inside my IRA and 1 outside. We bought in 2014/15 when property values were down (& rising) in FL and it has worked well for us. We bought based on gut. This book actually gives us solid info and numbers to consider for growing our portfolio. Mark is an easy going guy who is passionate about this business and that comes through loud and clear.. This book is an easy read, is thought provoking, and definitely helps one formulate their strategy. Check out his blog also. He does answer emails ;).
A**R
Great read even If you already own rental properties
This is a great book. I was afraid it might be too basic as Iโve owned and built rental properties for 14 years. But it was extremely informative. The book gives realistic numbers and provides pros and cons to the many ways to approach this. The book also provided ideas for me to implement on a going forward basis. Things I had never thought of despite devoting lots of time and money to rental property investing. Iโm very glad I read the book and highly recommend it to anyone interested in owning rental properties, even if you are already involved in owning and want to expand or just get better at it.
M**E
Great Info, Poor Writing
Pros: Information and content: First and foremost, this book has a lot of wonderful, useful information. I am new to the rental real estate business and this book has given me a lot of good information to help me get started. Online Resources: There are a couple online tools that he mentions in this book that are extremely valuable and are, alone, well worth the price of the book. Cons: Grammar and Syntax: I have never read a more poorly written book. Though Lynda Pelissier is listed as the editor of this book, I am convinced that nobody, not even the author, read this book before publishing. Misspellings, misuse and omission of words, run-on sentences, and just a general misunderstanding of grammar and syntax makes this book extremely hard to read. It feels very much like the author began taking notes for a book that he would someday write then, once he had enough content, just hit ctrl-P and called it good. Redundancies: As a result of an apparent lack of editing, this book has many redundancies. The author repeats himself numerous times throughout the book, occasionally with identical sentences. This 374-page book could easily be consolidated to a 150 to 200-page book with some simple editing. Lack of Entity Information: This is very minor but I wish that the section about using an LLC to hold investment properties included a bit more detail, especially about tax advantages and the use of an LLC versus other entity types. Overall, the section about LLCs is weak. Bragging: This is also very minor โ The book could do with a bit less bragging. Iโm paraphrasing, but as an example: โYou can expect to pay between 8% and 12% for a property manager. I only pay 8% because Iโm great and I own a Lamborghini.โ ' We already bought your book. You donโt need to prove to us how great you are by telling us that you get all the best deals, etc. Conclusion: Itโs a wonderful book with a lot of very useful information. If you are just getting into the rental property business and can look past the minor issues listed above, this is a great book to have.
A**A
com and I really liked the content he was putting out
I started off reading a few of Mark's blog post on investfourmore.com and I really liked the content he was putting out. I liked how his content had real value and specific details pertaining to real estate. From there I knew I had to buy his book "Build A Rental Property Empire" in order to really understand how to build wealth in real estate. This book exceeded my expectations! Mark covers all topics in regards to building a rental empire. He explains why he believes rentals are the best investments, keys to successful investing, how to analyze and run REAL numbers of owning a rental, the different types of rentals you can buy, clever ways to finance or invest with little money down, and much much more. I love how this book is put together in a cohesive manner and straight to the point, you won't have to dig through a bunch of fluff... it's all really good material. This book is a must read for anyone interested in building true wealth through rental properties.
A**T
Inspiring and life changing!
My dad had several rental properties when I was growing up as a kid but I never really knew about the benefits of real estate investing. Over the coronavirus shutdown I wanted to better myself and I read Rich Dad Poor Dad was inspired to start building toward my future. I bought this book and it was amazing! Mark is really detailed and inspired me even further! He has a blog and YouTube channel that I keep up with and I recently bought some more books of his. Iโm in college with my major being that of a teacher so I know the importance of passive income. However the more I have read into real estate, the more I believe I have a future in real estate instead. A friend of mine is a realtor and I bought him lunch and talked to him about real estate. Itโs Christmas break and Iโm off from college and decided to take classes to get my real estate license! I have Mark to thank for showing the benefits of real estate! I read his buying into success book and I really saw myself in the main character Mo. If you find you are still hesitant to get started, I recommend you read that book next for some extra motivation to get started!
K**S
A free blog organized into a book
This book is basically Mark's free blog posts smooshed together into a book you can pay for. I have no problem with a blogger finding ways to make money on his work but you should know that going in to your buying decision. Most of his empire building experience seems to be in the years following the housing crisis in a market that is very favorable to rental property buyers. This book could easily be called, "All my free blog posts put into a book you can pay me for about why you should have invested in Colorado real estate after the housing crash when everything was dirt cheap and there was a ton of money to be made". Although he talks about his strategies as if he's discovered the golden goose that will keep laying those eggs indefinitely as long as he keeps pumping in the corn feed, it's clear his success is largely based on favorable market conditions. In fact, the little bit of reading I've gone back and done on his blog shows that he's having to change his strategy now as it's no longer working after housing prices rose but rents didn't. I'm giving it three stars because the information is valuable but much of it is no longer relevant until we see a market shift.
L**N
Great book on rental property investing.
Initially when I purchased this book, the pages fell out and I was saddened because I was looking forward to reading this book. So, I went through Amazons item returning process and got a new copy of the book. I was recommended to read this book by a Youtuber who I forgot the name of. After reading the book, I would like to express my opinion of affirmation in this book. I think this book is extremely helpful for people who are getting involved in the real estate industry (specifically rental property investing). It breaks down chapters into sections which is very useful if you stumble upon a section and want to read it to get some quick knowledge about a specific topic. Furthermore, the author of this book is a reputable real estate investor who built an entire empire on rental properties and posts updates of his investments on his blog which is public.
F**L
Excellent resource for a beginner like me
It was a pleasant surprise to see Mark's prompt reply yesterday in my inbox. Not only has he written an excellent book for a beginner like me, he also helped me get started by answering two specific questions that I had! I am detail oriented and Mark's book provided me with details on areas where I had questions: How to buy a rental property below market value? How to correctly calculate the cash flow? What improvements would help target most renters? How to find and manage right sub-contractors and property managers? How to pick great renters? And what rent and returns to expect? Prices have increased in most areas and it is important to pay attention to numbers. The book has also helped me put together my own sheet to do such analysis. I would recommend Mark's book to my friends who are interested in building a rental property portfolio.
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