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people found this helpful, as of 2023
ranked #243,492 most helpful
out of 571,544,897 reviews
★★☆☆☆
Compilation of blog articles and very opinionated
Waste of time. Compared to The Book on Rental Property Investing from BiggerPockets... Which I also bought because I wanted to get as much info as I could... The problem with Mark's book is that is more like a compilation of blog articles. It lacks structure, number crushing, explanations... It's very opinionated... Instead of explaining how to do the math to objectively compare different investment options, he provides a poor example based on his experience and that's it. The math is deferred to online calculators on his blog. There's not a good summary of each chapter or a way to quickly get an idea for example of repair costs... In that repair section in particular, he spends like one or 2 paragraphs talking about his experiences instead of just providing a table for all the numbers that the reader should be aware of...
Also, it's very unrealistic in the sense that he has a lot of tricks that regular mortals won't have which makes rental investing like an unachievable goal... For example, having a realtor license, an extremely good team, finding deals way below the market, etc. Probably good for someone willing to spend most of it's time on this business but not really appealing if you don't want to leave your job...
May 2018 · Books · verified purchase