The Automatic Millionaire Homeowner: A Powerful Plan to Finish Rich in Real Estate
by David Bach
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other reviews (showing 1-20 of 94)
Read in May, 2008
recommended to Allen by:
Heatherrecommends it for: first-time homebuyers
The book is very helpful if you want to learn the basics of the home-buying process. Information is presented sequentially and thoroughly. I thought the information was worth noting so I listed what I thought were the important points as I listened to the audio book. If you're interested in first-time home-buyer information, you could skip disc 1 altogether and skip over a few parts of disc 2 (the audio book consists of four discs).
I borrowed the CD's from a coworker who owns multiple pr...more
I borrowed the CD's from a coworker who owns multiple pr...more
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Read in October, 2006
recommends it for:
1st time homebuyer, long-time renter
David Bach's "Finish Rich" and "Automatic Millionaire" series are easy to read, simple concepts like "chicken soup for soul". I got some copies from "Great American Homeowner challenge" campaign with Wells Fargo. Published at the peak or just tipped off market in 2005, this book encourage people who are afraid to dive, and also suggest long-term vision to those who hyped up for real estate investment.
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Read in October, 2006
recommends it for:
Everyone that owns a home or plans to buy one
This book is great for beginners that just want to learn what options are out there. This book provides a detailed description of loan options in easy to understand terms. This book is perfect for everyone to read before embarking on any home ownership transactions.
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David Bach's very simple concepts of savings, applied to investment in real estate. A great book for anyone who is almost ready to start looking for a house but still has fear that it's an unreachable or dangerous endeavour.
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Although this book is sort of basic on some of its messages, it is quite inspiring to get people to buy their first home. I even put a deposit on my first condo within a few months after reading this book the first time.
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Read in April, 2008
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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Definitely a good plan. It has helped me realize some of the places where I was wasting my money and helped me eliminate most all of my debt. Consider this book before going to those "debt elimination" services.
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Read in March, 2006
recommended to Matt by:
Brian Everitt
This was a good book. It got me thinking about real estate for a short term. Then I realized I don't have the time, energy or money to follow the plan... but if you do, you will be successful.
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Read in January, 2006
The second book in my recommended curriculum of self-study on personal finances and investing. See www.ProfitableForAllThings.com for more details.
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Read in March, 2007
recommends it for:
those looking to buy a house
Again with Bach, this book shows you how renting gets you nowhere, and buying gets you rich!
I'm currently re-reading it.
I'm currently re-reading it.
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1 comments
Read in January, 2005
This book was passed on from a friend... Interesting...
Not a millionare, but showed me how to save alittle
Not a millionare, but showed me how to save alittle
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His main secret is...Don't sell your first home, rent it and use the money to pay for your second home.
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Great resource for learning how to capitalize on home purchases as investments.
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Read in January, 2008
Very basic stuff we all know but may have forgotten or chosen to ignore.
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step one in me buying a home is probably "move back to philadelphia"
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Read in February, 2007
Has some good info, hopefully someday I can put some of it to use.
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