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Review
5.0 out of 5 stars Tremendous amount of info & highly recommended, 11 Dec 2009 I got these books from one of John Lees property events which was amazing! This book covered everything I needed to learn lease options in the UK (unlike many of the other books which seemed to be for the US!) The first part of the book helped me get to grips with how lease options works in theory which helped me understand the concept. Then the book covered the creative strategies and gave me the tools, advice and information in actually doing property deals using these techniques so I could start on my own. I would thoroughly recommend this book to anyone who is wanting to learn about Lease Options - it gives you understanding from beginner level to advanced. By Nick Wray --www.amazon.co.uk
Product Description
This book teaches investors in the Uk the revolutionary technique of buying properties WITHOUT THE NEED OF A MORTGAGE using Lease Options. Written by property millionaires John Lee and Vincent Wong, it is the FIRST ever book written in the UK by active investors. In it, they will show you exactly how to continue building your portfolio even if you cannot get a mortgage, the 12 different strategies they commonly use, and why in times of recession is actually the BEST time to buy.
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Most Helpful Customer Reviews
24 of 25 people found the following review helpful
Format:Paperback
I had high hopes for this book, having read the (at the time) two 5 star reviews, as there is a shortage of books on specialist topics such as lease options, particularly ones geared towards the UK market.
I was very disappointed when the book arrived. The listing states that it has 118 pages. What it does not tell you is that the font and margins are large, with the text being divided into lots of very small sections and paragraphs (with whitespace in between each). This, combined with the small size of the book (about the size of a paperback novel), results in there being very little actual content. I would estimate that the text is equivalent to about 50 - 60 pages at a normal size print and layout and is something you would expect to complete on a short train journey. I don't consider this to be an actual "book" but more of a marketing leaflet aimed at promoting the author's so-called "Wealth Dragons" self-help courses and workshops.
This wouldn't necessarily be a problem if the content itself was of a high standard. Sadly however, the book let me down on that front as well. Much of the book is written in the language style of the kind of "get rich" self-help guides which are abundant on Ebay and elsewhere, with phrases such as "you must evolve so that you can do business without fear" appearing frequently. The rare snippets of actual information which do appear are mostly things which the average reader would either already know, or could quickly discover for themselves with Google and Wikipedia. On one page the author even mocks his own lack of knowledge by suggesting that you need to be a "mathematician who can solve equations at Nobel Prize level" in order to understand option price modelling, using this excuse to avoid describing even the most basic of price models, and instead suggesting that "valuing an option is a judgement call".
I was very disappointed when the book arrived. The listing states that it has 118 pages. What it does not tell you is that the font and margins are large, with the text being divided into lots of very small sections and paragraphs (with whitespace in between each). This, combined with the small size of the book (about the size of a paperback novel), results in there being very little actual content. I would estimate that the text is equivalent to about 50 - 60 pages at a normal size print and layout and is something you would expect to complete on a short train journey. I don't consider this to be an actual "book" but more of a marketing leaflet aimed at promoting the author's so-called "Wealth Dragons" self-help courses and workshops.
This wouldn't necessarily be a problem if the content itself was of a high standard. Sadly however, the book let me down on that front as well. Much of the book is written in the language style of the kind of "get rich" self-help guides which are abundant on Ebay and elsewhere, with phrases such as "you must evolve so that you can do business without fear" appearing frequently. The rare snippets of actual information which do appear are mostly things which the average reader would either already know, or could quickly discover for themselves with Google and Wikipedia. On one page the author even mocks his own lack of knowledge by suggesting that you need to be a "mathematician who can solve equations at Nobel Prize level" in order to understand option price modelling, using this excuse to avoid describing even the most basic of price models, and instead suggesting that "valuing an option is a judgement call".
4 of 4 people found the following review helpful
Format:Paperback
When I bought this book I gave it the benefit of the doubt, thinking that although 118 pages are not a lot, if used judiciously they could still be sufficient to provide much valuable information.
Not so in this case, though.
This book reads like something written by two kids who like to brag a lot but have no real information to share, let alone teach.
Don't waste your money on this.
Not so in this case, though.
This book reads like something written by two kids who like to brag a lot but have no real information to share, let alone teach.
Don't waste your money on this.
9 of 13 people found the following review helpful
Format:Paperback
I got these books from one of John Lees property events which was amazing! This book covered everything I needed to learn lease options in the UK (unlike many of the other books which seemed to be for the US!) The first part of the book helped me get to grips with how lease options works in theory which helped me understand the concept. Then the book covered the creative strategies and gave me the tools, advice and information in actually doing property deals using these techniques so I could start on my own. I would thoroughly recommend this book to anyone who is wanting to learn about Lease Options - it gives you understanding from beginner level to advanced.
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