Streetwise Investing in Rental Housing: A Detailed Strategy for Financial Independence

I found the book to be good. The author gives a lot of information you can use. As for those who complain about the low income and people with small incomes, remember all people have to live somewhere. Most people with much more money, really do not want to rent. I think it is important to provide decent housing to tenants as the author talks about in his book. The thought of making money in real estate sounds really good, but the real estate business of landlording is not for everyone. The author points this out. While I do not approve of all his methods, I strongly suggest that you the investor, take the good usable information and utilize it to your benfit.

I have bought quite a few books on real estate investing and this is by far the most informative and realistic book yet. I read it cover to cover in one afternoon. However it deals soly with duplex's in low income areas, which as he explains yields the highest income. I live in an economically depressed area so this book is perfect for me. It basically goes through and tells you step by step how to become financially free by investing in rental real estate. Starting by saving up $3,000 or so and getting owner financing and slowly acquiring one duplex after another until you have 20. Which after you have them paid off in 8 yrs(the loan term he suggests) you will be making over $100,000/yr. It shows you how to figure if a property is going to make money, if so how much. Where to look, how to find owner financing, etc. It's very realstic no "nothing down" hype. He gives personal examples of failures and success.

I have read more real estate books than I care to mention here,but this is truly exceptional. There is no mention of the author trying to push some get rich seminar or unbelivable finacing.. If you want to invest in real estate. This is a must read. I also recommend books by Peter miller and George Achenbach! Good luck investing!

I bought this book some time ago and have continually used it as a reference. Neal's practical advice and style are perfect for the novice investor. Although I did not invest in the same type of properties that he did (as I live in a rural locale), his advice and insight have been invaluable to my growing rental investments. A must read for anyone seeking advice on how to get started on a shoestring.