The life and times of an Arizona Investor

This will be my personal journal to document my failures and successes during my real estate experiences in Arizona. All stories, thoughts, and successes will be documented..

Thursday, February 23, 2006

Book review of "52 houses in 52 weeks" by Dolf

Dolf gave out his latest book during the expo last weekend. The book basically tells the story of how this investor (Gene Burns) pulled off purchasing 52 houses in actually 8 months.

Actually, this is Gene's book, its obvious that Dolf didn't do much of the work. It appeared that he talked with him alot and maybe came over to Vegas once or twice.

For those of you into "distressed" home buying, this should be an interesting book for you. The stories remind me of some of the weird situations I've been through dealing with these types of people. Although he doesn't step into all 52 purchases, he goes through many. He discloses what he did to get the property, how he did it, and what he did with it.

The "gold nuggets" from this book how he changed his business to meet his goals. He started with distressed only, by the time he was done , he was buying new construction and tax liens.

The book tries to insert wisdoms when ever it can , but is not a detailed book. Its more of a story than a course, which is just fine by me. I've read enough of those.

You should know the basics before reading this book, and that includes understanding subtos, and seller carry backs.

I recommend it because it reminds you that real estate investing is hard work, ever changing, and you constantly need to think. What works now, does not have to work today.

Good investing!
|| Bginvestor, 10:42 AM

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