"The Millionaire Real Estate Investor"

Hey everyone, I apologize for the time between posts, but things have been quite hectic. I have a few things on the go right now and the blog has just taken a back seat.

I had previously mentioned that I read 3 real estate related books on my Californian crusade. The only book I haven't discussed yet is "The Millionaire Real Estate Investor". I should start by mentioning that I picked up this book probably for one reason. This book was written by Gary Keller. He is the "Keller" of Keller Williams. Since I work for them, I figured I should know what people are talking about when they talk about his book.

I would describe this book as an instructional book. It gives pretty clear advice on how to spend your time and energy when it comes to real estate investing. Gary Keller tries to make things as systematic as possible. He wants people to use resources that exist to them that help to save on your most precious resource, your time.

Generally, I don't think I would give this book to someone that is looking at getting into real estate investing for the first time. To me, it is not written in a spirit that is all that inspirational unless you can visualize the product of your efforts. Since you don't quite know how involved you need to be, I cannot foresee how you can visualize the end result. I found that rich dad, poor dad, was more inspirational than instructional, and I think that is critical for someone who needs to take the plunge into real estate.

If you have already bought a property or you have an incredible need to do more research before you buy, I would recommend this book. Again, this is an American book, so some of the strategies may not work in Canada. This is especially true considering the time that the book was written. The book pre-dates the housing bubble that had burst during the housing crisis. My advice to you is that you do your due diligence before acting upon what you read.