Real estate investment basics by John T. Reed （房地产投资基本由约翰·t·里德）.pdf

Real estate investment basics by John T. Reed Some real estate investment basics by John T. Reed Copyright 2000 by John T. Reed Order form | Real estate investment books | Real estate investment page I have long been astounded that anyone would pay for the sort of garbage put out by the many bad real estate gurus. I have been further astounded that they would be happy customers and get mad at me for pointing out the errors and omissions in that material. But then I actually had a dialogue with one Kiyosaki follower and was stunned at the mans profound ignorance of basic real-estate-investment principles. No wonder Kiyosaki and the others can sell this stuff. They target people so completely ignorant of the field that they can tell them practically anything and get away with it. It reminds me of an event in George Plimptons book Paper Lion . Plimpton asked the Detroit Lions to tell their players that he was an obscure quarterback from the Canadian Football League. He was, in fact, a writer planning to do a book on what it felt like to be a quarterback in the NFL. The players immediately saw that Plimpton was a lousy athlete and asked their coaches, Who is this guy really? Plimptons roommate on the Lions then chewed Plimpton out for his grotesque lack of respect for the athletic ability and training of the NFL players. He said something to the effect of, Are you nuts? Did you actually think you could pretend to be an NFL prospect and we would fall for it? Do you really think NFL football players are so similar to Joe Average that you could fool us? Thats ridiculous! I and others in real estate have a similar feeling about the followers of Sheets and Kiyosaki and the rest. Do you think real-estate investment is so easy that you can spend a few hundred dollars on some TV infomercial crap and youre ready to invest in real estate or notes? Those of us who are pros in real estate investment spent years studying and more years working and investing i