The ABC's of Real Estate Investing (Rich Dad's Advisors®)
The Secrets of Finding Hidden Profits Most Investors Miss  
By Ken McElroy
Read by Ken McElroy

    Ken McElroy gives investor wannabes some honest, sound advice about buying and caring for real estate. He also gives some legal advice about those one would naturally rent or sell to once one buys the property. Having invested in property and been in charge of properties for others, McElroy has mounds of information for his readers. This is reason enough to listen to the audio book repeatedly. The author uses plenty of the banking, investment, taxing and banking terms. If you’re new to real estate investment, some of the terminology might confuse you. It’s best to keep a dictionary handy.

    McElroy goes into his first investment, which may seem small to some and expensive to others. He leads readers through the investment, through his best moments and his mistakes. Some of his advice is not to lose touch with the owners of property you want should they turn you down, team up with others so you don’t carry the burden of the costs, and do your homework -- know the area you want to invest in; you don’t want an apartment complex controlled by gang members.. The author uses real property as he goes through the step by step investigating, purchasing and handling a piece of property. He frequently mentions doing background checks on future investors, employees, and renters.

   So whether one is looking to make a large or small investment, this book tells how to do it the right way, the first time. Some of the lessons stem from common sense and the rest are the kind you’d pay for in an expensive business class or in the school-of-hard-knocks. The ABC's of Real Estate Investing is worth its weight in gold. I can’t recommend it highly enough.