Books for Prep | |
 - StuffSome of it kinda sounds farfetched, but I guess if sellers are desperate enough it could work. Rating:  - Boycott Robert G. Allen!!!Robert G. Allen is a notorious and relentless internet spammer. If you should happen to somehow end up on one of his email lists like I did, he will send you several junk emails a day. Unsubscribing doesn't work, and trying to block the sender's domain is useless because the emails are sent from a different domain every time. The funny part is that the emails aren't even coded properly. They always show up as just a bunch of html code. Would you really take internet money-making advice from a guy who can't even code html properly? Anyway, his spamming practices are completely illegal and it's only a matter of time before the law catches up with him. But that shouldn't come as any surprise considering that mister Allen has been in trouble with the law before. He's had several run-ins with the IRS, lawsuits against him, and a chapter 7 bankruptcy. I would also stay away from his Nothing Down real estate methods. Many of those practices are illegal, and the president of the Nothing Down club in Atlanta wound up in federal prison because of it. For more info on Allen, visit johntreed dottcomm, click on Real Estate Investing, then click Real Estate Guru Ratings. Bottom line, don't trust this guy and don't buy his books. And if you're reading this Mr. Allen, take me off your @%#&*$ mailing list!!! Rating: - Great ScamI was actually very impressed by the material in the book and would have undoubtly given it 5 stars. BUT something very fishy made me change my mind. I applied to enroll into the Robert Allen Instiitute mentorship program for real estate investment (details are online). I got a call from the Program and a sales person like sounding gentleman, who threw around his weight and suggested multiple times that it would be an honor for me to be chosen for the mentorship program spoke to me for an hour...And then he and his supervisor suggested that if I trusted Robert Allen, I should give him my credit card number for a charge of 6000-10000$!!!!. 'It takes money to make money' he said. When I told him that he will need to tell me how many perople are actually in the program and how many actually make money, he was caught offguard...at the end of the conversation he was frankly rude and said 'Well, think about it, all you have done in your life so far is made 80000$ a year'...I mean how unclassy can you get!!...well thank you Mr Allen and your sales-people...I sure can tell how you have made your money. Rating:  - The Father of No Money Down R.E. Techniques!I found this book by Robert G. Allen very enlightening. It does go against the common dogma of real estate logic. But how often is common dogma correct? Robert Allen offers strategies on how to buy real estate with little or none of your own money. This doesn't mean that the seller doesn't get any money. It only means that it isn't your money. The concepts in Nothing Down helped us buy our first home, Nothing Down and we are now buying rental properties, Nothing Down as well preparing for retirement. What is really exciting about Robert Allen's methods is that they work in any economy. It doesn't matter if the real estate market is going UP or DOWN. Recession, inflation, stagflation or booming economy. You can always make money in real estate with Robert Allens methods. Rating: - Fluffy book - Don't waste your timeYes, yes, there are some good concepts in this book, but overall it is very fluffy and most of the ideas are VERY poorly explained. The charts are pure rubbish and only work to confuse the reader. Also, most of the ideas will rarely ever work, which means you have to work and work at it over and over to get someone who will agree to your terms. Essentially, the book contains alot of great pipedream ideas that may work someday for someone with enough effort. Don't waste your time with this book if you know anything about real estate. You may want to buy it if you are a beginner. In association with Amazon.com | |