Allen's review
The Automatic Millionaire Homeowner
by David Bach
Allen's review
The Automatic Millionaire Homeowner by David Bach
Allen's review
rating:
recommended 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 properties and rents them. The book promotes moving from renting a place to owning your own home to then owning other homes to rent out. Put another way, the book promotes investing in real estate as being the best way to begin building wealth.
This book was written in 2005 and it was very interesting to hear the author talk about banks lending to sub-prime borrowers as being advantageous for them - borrowers with poor credit could get loans and buy homes, with the goal of getting out of debt...more
I borrowed the CD's from a coworker who owns multiple properties and rents them. The book promotes moving from renting a place to owning your own home to then owning other homes to rent out. Put another way, the book promotes investing in real estate as being the best way to begin building wealth.
This book was written in 2005 and it was very interesting to hear the author talk about banks lending to sub-prime borrowers as being advantageous for them - borrowers with poor credit could get loans and buy homes, with the goal of getting out of debt...more
