after I was so quick to critisize in my last post I thought I should point out the aspects that were inspiring about the book.
I have read quite a few books which cover many of the topics, so I’ll be specific to what worked for me. Overall the book is factual and ethical rather than pompous and “over-hyped”.
What stood out for me:
– strenghened my view on neg gearing in that getting 50c out of a dollar doesn’t add up– that real-estate investing can and should be about win-win solutions (finally some strategies that don’t profit from other people’s misfortune)
– and most of all: to start small (eg $50k investment with a $50p/week return) and accumulate (Living in Sydney I was generally under the impression that houses started at 500K which obviously makes things more complex in the planning phase [essentially Steve cuts down to size the main barrier of one over-sized investment into affordable rations – on the down-side this eliminates any excuse for me not to get off my buttox and invest [
] ])thanks for a great book!
For anyone that has just completed the book what were the three main things you got out of the book?
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