Ebook , by Chad Carson
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, by Chad Carson
Ebook , by Chad Carson
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Product details
File Size: 8797 KB
Print Length: 284 pages
Publisher: BiggerPockets Publishing (September 13, 2018)
Publication Date: September 13, 2018
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B07GTR33JN
Text-to-Speech:
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Amazon Best Sellers Rank:
#53,405 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
In the 14 years since I began investing in Real Estate, I've read everything (good) I could get my hands on, and attended countless seminars and live training events. Sadly, much of it is fluff, trying to cram 2 hours worth of information into a 10 hour delivery. Chad's book is just the opposite - the clearly delivered but condensed information is the learning equivalent of drinking from a firehose- multiple readings may be required!
This is definitely a book on retiring early, using real estate investments as a tool but not the only way to do it.The pros: detailed look at what retiring early means, making you assess your lifestyle and income goals, and giving great indicators and metrics about what that will look like in practicality.The interesting: He has profile, real life profiles of those who semi retired or retired early in real estate investing. There is nothing special about them except that they took action - this makes it relatable and real. This isn't a late night commericial selling dreams. Its practical and specific.Notes - it's a long book. Thats not a bad thing since it means he is thorough, but prepare yourself to read it in parts so you can absorb the great ideas in parts. That's what is helping me as I have a short attention span. But if you want a reference, there is no book I would recommend more.Cons - none! Keep reading!Great job! A lot of hard work went into this book and it really shows through!
This is the book I wish I had 45 years ago. I did retire early with real estate and some of the material mentioned in the book I actually had to learn the hard way. I enjoy reading, and my plan for this book is to give it to the younger family members.
Chad's book is one of the best books I have read on real estate. I love that he gives you straightforward advice on how you can get started investing in real estate. As someone who aspires to invest in real estate one day I like that he provides ways you can gain experience while you work on preparing to invest. I also like that he helps you to see where you are financially in getting started. Really love this book and will continue to use it as a resource and reference!
This is one of the better real estate books I have read. It would benefit the beginner to the experienced investor. The author is very thorough and extremely passionate. I love the personal profiles of investors he interviewed to share their secrets of success and let learnings..Although this is a book about real estate, it really is a book about life. The author touches briefly on other aspects such as health, nutrition, relationships. Overall, it was thoroughly enjoyable and I would highly recommend it for anyone who is considering getting into the field as well as those who are expreonced.
How many times can you repeat the same information? The author provides plenty of " what to do" but very little "how to do it." For example, in part 7, the author says, " this plan will count on you finding homes at well below market value." Ok, but how does average joe find homes at well below market value? Also, the numbers used for examples were extremely generous. In some cases, the author had homes with mortgages generating greater than $500 in pure cash flow. Anyone in the business knows that these numbers are almost never attainable. The examples are good, but they are too perfect. They are perfect world scenarios that average people are unlikely to achieve. I would just do some google searching and skip buying this book.
Overall, this book is one that I can see myself coming back to as I move through the stages of life that are described within. Trying to remember everything I’ve learned from this read would be impossible due to how thorough Chad is, but that’s a welcomed fact when compared to the countless real estate investing books that exist today. This is something that I would recommend to anyone trying to set themselves up correctly for retiring early with a focus in real estate investing.The Good:Chad goes in debt into most of the topics that he covers in his book. He frequently sites real world examples of how different scenarios will play out and he continually loops his insights back into how different approaches will affect the end goal of early retirement. Peppered in between each chapter, Chad also injects case studies on specific profiles who are utilizing the methods that are described in the pages before. This mix of real world knowledge, and classroom type education is the perfect blend for me.Chad really knows his stuff - He takes the time to set up the reader’s journey on the front end, so that expectations are clear. While going through the book, he frequently sites where we are in the journey and important knowledge and potential pitfalls to think about along the way.The Bad:Like all books, there are only so many pages that you can use to cram all of your knowledge into, and I think Chad falls victim to that very issue. Often times throughout the book, I wanted to know more about the very topic at hand. The good news is that Chad makes up for his brevity in some topics with recommended reading or other websites and blogs to check out. This issue is more nit-picky than anything and it certainly isn’t a hindrance to enjoying the material.Why Read:This book pushed me to start following Coach Carson more closely and since reading this book, I’ve found countless other excellent reads and helpful knowledge on his website, coachcarson.com. This book goes down as one of the best books I’ve read on the real estate investing life-cycle to date.Originally posted on TheMoneySmiths.com.
Insightful and actionable tips to help you get started or confirm you are on the right track to financial independence.Some of the most notable tips (explained in detail in the book) include: decrease your expenses to create a large savings rate, focus your investments and keep it simple, and build stable income streams for life.
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