A thorough and accessible introduction to the complex world of real estate investments.
A detailed, step-by-step manual focuses on investing in rental properties and becoming a landlord.
Turner (The Book on Managing Rental Properties, 2016, etc.) begins his guide to accumulating wealth through real estate investment with images of relaxing and enjoying incredible success on a beach before he promptly bursts that bubble for readers: “That is not going to happen, at least not anytime soon.” But he also quickly dispels any notion that real estate investments only benefit those who already have plenty of money. Instead, the author encourages readers from the first chapters to think through long-term financial plans in terms of percentages rather than the often staggering costs of homes in expensive areas. Turner explains this idea of “relative pricing” to help anyone apply his methods to all financial situations while also being realistic: “Often certain investments are working in your town, but they are just not working at your financial level.” Along with his own detailed explanations, he includes numerous graphs, tables, and interviews with other successful investors showing different points of view. Turner addresses specific questions, like “five questions to ask before investing in a fixer-upper” and even how to deal with difficult tenants—the solution involves a metaphor featuring his 18-month-old Yorkie. Although he clearly lays out the steps to investing at any level, Turner never shies away from doses of reality. He plainly states: “Rental property investment has a tendency to take over your life.” With this straightforward, but also highly personal tone, he easily invites readers into his own experiences, making even the most technical explanation feel like it comes from a trusted friend. He also finds clever ways to frame more difficult pieces of advice, keeping a very human element prominent through all the business talking points. “Money is by far not the most important thing in life,” he writes, while also delicately encouraging readers to be vigilant of how their social connections might impact their images as businesspeople. This is the kind of friendly but specific advice he weaves into every chapter.
A thorough and accessible introduction to the complex world of real estate investments.Pub Date: Oct. 28, 2015
ISBN: 978-0-9907117-9-7
Page Count: 362
Publisher: BiggerPockets
Review Posted Online: Feb. 13, 2017
Kirkus Reviews Issue: March 15, 2017
Review Program: Kirkus Indie
BOOK REVIEW
Though the administration may be remembered as the worst in American history, the people seem mostly silent. One wishes that...
New York Times columnist Rich delivers a savaging sermon on the US government’s “rampant cronyism, the empty sloganeering of ‘compassionate conservativism,’ the reckless lack of planning for all government operations except tax cuts”—and so much more.
Anyone who knows his work will know that Rich is no fan of either George Bush, a man “not conversant with reality as most Americans had experienced it,” or the Bush administration. In this blend of journalism and mentalités-style history—that is, the study of the mindsets that underlie and produce events—Rich looks closely and critically at the White House’s greatest hits, from the 2001 defense of gas-guzzling as essential to the American way of life to “Heckuva job, Brownie” to the ongoing morass of Iraq. By Rich’s account, of course, that parade of missteps is organic; Bush and company cannot help but err. In an effort to disguise that track record, the Republicans have exercised single-minded control of the grand narrative of the last five years, at least in part because they have exercised quasi-totalitarian control over the news media. (They are nearly forgotten already, but one needs to remember Judith Miller, Jeff Gannon, Karen Ryan and various columnists and commentators paid off to repeat the party line.) Not for nothing did a White House adviser reveal to one journalist that his bosses were set on creating their “own reality,” one that all Americans were expected to share; not for nothing did that reality include spinning amazing lies about everything from the death of football- and war hero Pat Tillman to the kidnapping of Jessica Lynch to the government’s preparedness for Katrina. And yet, and yet . . .
Though the administration may be remembered as the worst in American history, the people seem mostly silent. One wishes that Rich had explored that particular mentalité along with the others he so fluently discusses.Pub Date: Sept. 26, 2006
ISBN: 1-59420-098-X
Page Count: 304
Publisher: Penguin Press
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: July 15, 2006
Provides a framework, but could have pushed further.
A business-strategy tome heavy on generalizations.
There is an overabundance of books on business strategy. What tends to differentiate one from another? Truly new insights–which are admittedly hard to come by–or detailed case studies that demonstrate the strategies in action. Unfortunately, Rx for Business: Thinkivity lacks both. While Evans is clearly well-versed in business strategy, she covers little that’s new. Most of the information about strategic planning has been addressed elsewhere and with greater authority. Evans claims “Thinkivity” is “a revolutionary system that has helped top executives at S&P 500 companies turn strategy and long-term goals into tangible financial results for their organizations.” Yet none of these executives are quoted in the book and few companies are referenced. American Express and Hewlett-Packard, the only two firms used as examples, appear very briefly in anecdotal form. It would be generous to refer to them as case studies. The book offers a decent discussion of strategic planning, and the author is skilled at explaining the value of workflow design. Probably the most useful content in terms of innovation is the chapter on “What If” strategy. Here, Evans offers advice for becoming “pilot, navigator, and ground control”–as the business leader explores various “what if” ideas, he or she is guiding efforts, keeping things moving in the right direction and making pieces work together. In this section, Evans includes questions to ask, a sample idea-generation agenda and evaluation methodology for assessing each idea, all of which are helpful. The other useful tools in the book are sample mission statements, process flow diagrams, a strategic-planning worksheet and a sample strategic plan. Such tools are not uncommon in business-strategy books. This book follows Rx for Business: Qualitivity (2006), Evans’ first book about the synergy between quality and productivity. This second book in the series does a reasonably decent job of offering a structured approach to strategic planning, but it doesn’t present anything groundbreaking.
Provides a framework, but could have pushed further.Pub Date: Sept. 1, 2008
ISBN: 978-0-595-47820-0
Page Count: -
Publisher: N/A
Review Posted Online: May 23, 2010
Review Program: Kirkus Indie
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