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How to Create Multiple Streams of Income: Buying Homes in Nice Areas with Nothing Down! Paperback – Jul 2000

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Product details

  • Paperback: 285 pages
  • Publisher: Mentor Financial Group (July 2000)
  • Language: English
  • ISBN-10: 1893384152
  • ISBN-13: 978-1893384156
  • Product Dimensions: 21.3 x 13.4 x 1.7 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Bestsellers Rank: 306,524 in Books (See Top 100 in Books)

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Most Helpful Customer Reviews

1 of 1 people found the following review helpful By Suzanne Hazelton on 2 Sept. 2013
Format: Paperback Verified Purchase
This book was a real eye opener. I haven't yet put the ideas into practice - which I guess is the real test of a book, but it's got some great insights. I found this book recommended in a review of another property book - and I'm so glad I bought a copy.

If you've come across "lease to lease" (or rent to rent) this book builds on these concept and shows how you could buy and sell the property - but it's certainly suitable for someone with no experience of becoming a property investor. It also describes how to remove some of the hassle from being a landlord.

If you're looking for an alternative property investment strategy - then this could be the book for you.
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1 of 1 people found the following review helpful By Linda E. Stephens on 9 May 2011
Format: Paperback
Got into reading this book so quickly and appreciated the plain explanations and guides on what/how to say to sellers/landlords. Although we do things differently here in the UK, unfortunately, the concepts and structure still works.
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2 of 3 people found the following review helpful By lou678 on 8 Nov. 2010
Format: Paperback
I am very satisfied with the product, although it took 3 weeks to get to me. I was initially informed of the time scale, so i was not surprised.

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Most Helpful Customer Reviews on (beta) 68 reviews
16 of 16 people found the following review helpful
Great Book ! Just get the facts! 13 Jan. 2003
By A Customer - Published on
Format: Paperback
I just got the book and realized that it is exactly what I've been looking for. I've found the book very easy to read, very understandable and more straight forward than other books I've found on Purchase Options.
Don't be scared by the "Due On Sale Clause." There is nothing unethical or illegal about selling a property subject to existing financing. This doesn't violate any contractual commitment the borrower has with the lender, it simple invokes a right that the lender has and will probably never exercise because it is simply not to their advantage to do so. As a smart investor you simply must consider the possibility that the originating bank could exercise this right and understand what your options would be.
If you been thinking about starting REI -- This is a good place to start.
17 of 19 people found the following review helpful
Fabulous Resource! I Love This Book!! 9 Dec. 2004
By David Mason - Published on
Format: Paperback
After 20+ years of real estate investing, I recently stumbled across Peter and David's book in my research on property. What a tremendous asset it has been!

After reading the first two chapters, every word of it made sense. I have just sold off a property the traditional way and now only have five remaining. However, I'm gearing myself up to implement Peter and David's strategies (or as much of them as possible) for any future deals. Why? Because they make absolute sense and make it the easiest path to real estate investing.

Yes, I agree there are many people spousing themselves as real estate gurus making millions in seminars, because I have attended them. Some of them I have wasted my money. But don't throw out the baby with the bath water, these guys speak experience and have the track record to prove it.

If you look into the follow the evolution of all these seminar gurus, you will find that they all lead back to a few founding people - of which Peter and David are of a handful of those founders. The others are basically copy cats and derived from them.

This is not a "get-rich-quich without effort" book, but if you are interested in real techniques for buying and selling property that will literally propel you to financial freedom, and are prepared to step out into new territory and make some mistakes along the way, get this book. You won't be sorry!!
17 of 19 people found the following review helpful
This book got me started! 13 April 2005
By Sally Cat - Published on
Format: Paperback
I decided during my senior year in college that I wanted to start investing in real estate. After about a year of investigating and reading about real estate I still hadn't been able to purchase any properties.

Finally I read this book by Peter and David and it actually had step-by-step instructions I could follow and that I felt were a good match with my un-bold personality.

Two years and a half years later I have done 9 deals. I cashed out of one and one was a flip.

If you're looking to get started in real estate, I give this book my highest recommendation.

8 of 8 people found the following review helpful
Good Book for Beginners & those who don't know 18 April 2002
By Steven M. Wilson - Published on
Format: Paperback
I did not know much but this book presented the topic in an easy to understand manner.
The book was a quick read for me and the subjects were not long or drawn out. Great for reading while on the go. I liked it a lot & have read it a few times since.
I think that this book is pretty good. It deals with topics such as understanding of how to (basically) structure a deal, how to find motivated sellers, make offers & more. It doesn't have example forms/contracts, but then it would be wise to get them written/approved for your area by a professional (CYA - Cover Your Assets). ;>)
If you want dry, boring material, look somewhere else.
With this book I learned that there is another way to make money in the world of real estate investing besides flipping props, rehabs, buy/hold & rental strategies. Think of it as another cool tool. Your only limited by your own thinking.
Of course you have to put some effort & committment into whatever you do to get results. Nothing will fall into your lap if you don't get off the couch, put down the potato chips & apply action.
I give this book 3 1/2 - 4 stars.
p.s. I also enjoyed these books (as a beginner)...
"Investing In Real Estate" by McLean & Eldred (basic REI)
"The Income Stream" by Robert Goodman (REI investment analysis)
9 of 10 people found the following review helpful
Written in plain english 10 Aug. 2001
By KJ Ogden - Published on
Format: Paperback
This book should be in anyone's library who is serious about investing. The author's have written in a very understandable, easy to follow format. The book will take you from what is investing to how to find a property and make the deal. The book also contains real life stories and concrete examples of people who are really investing. You won't find technical jargon in this book. If you want a good start in understanding Real Estate investing, this book will be a great asset.
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