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PROFIT LIKE THE PROS

THE BEST REAL ESTATE DEALS THAT SHAPED EXPERT INVESTORS

Accessible and practical examples of the many ways to break into real estate investing.

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An expert provides profiles of investors and their successful real estate gambles.

In his book’s introduction, Corsini explains that he always had an entrepreneurial spirit—reselling Jolly Ranchers as a kid and looking for ways to make more money than the standard after-school jobs offered throughout college—and it soon led him to real estate. Now, with an impressive resume that includes more than 800 homes flipped, several companies founded, and a starring role on HGTV’s Flip or Flop Atlanta, the self-made expert continues to believe in “the unparalleled power of a real estate investor’s ability to inspire other investors.” In that vein, the author focuses his instructive work on stories collected from seasoned investors across the country. Each chapter profiles a different investor and breaks down the specific deal representing a turning point in the individual’s real estate endeavors. The list of 25 investors presents an intriguing diversity of projects: They range from a run-down mobile-home park in Dallas and storage units in Georgia to multimillion-dollar apartment buildings and simple duplexes across the United States. Corsini deftly builds each profile to deliver the maximum useful information for readers wanting to know more about investing. He describes the person in his humorous and good-natured tone before delving into a specific deal, detailing how the investor assessed it and funded it and its eventual returns. Punchy quotes from each investor and “Insider info” blurbs help to explain jargon so readers feel as if they have a good grasp of each project in just a few pages. Corsini has also taken care to puncture notions of the typical real estate mogul. His interviewees represent a balanced mix of men and women from different socio-economic backgrounds, with a few even coming from countries like Nigeria and Brazil. Their most common link is a desire for passive income, and their tales will make readers feel like real estate investments are within their reach.

Accessible and practical examples of the many ways to break into real estate investing.

Pub Date: Nov. 10, 2020

ISBN: 978-1-947200-31-9

Page Count: 256

Publisher: BiggerPockets

Review Posted Online: Sept. 18, 2020

Kirkus Reviews Issue: Nov. 15, 2020

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A WILD IDEA

A satisfyingly heartfelt tribute to a thoroughly remarkable man.

Investigative reporter Franklin recounts the life of the free-spirited millionaire entrepreneur who used his fabulous wealth in the fight to save nature.

One constant in the epic life of North Face founder Doug Tompkins (1943-2015) was his enduring love of the outdoors. The son of a successful antiques dealer, he grew up in the countryside of Millbrook, New York (Timothy Leary was a neighbor), where he cultivated his love of the natural world. His contrarian ways eventually led to his expulsion from high school just weeks before graduation. Tompkins headed West, where he baled hay in Montana, raced Olympic skiers in the Rockies, and took up rock climbing in California. He also “hitchhiked by airplane throughout South America.” Tompkins ended up in San Francisco, where, by the mid-1960s, the skiing and climbing supplies business he started with the help of Patagonia founder Yvon Chouinard suddenly began to boom. He was a charismatic businessman, and every one of his ventures after that—from his wife’s Plain Jane dress company to his own Esprit clothing brand—was successful. But his Midas touch never changed his passion for travel and adventure—e.g., flying his Cessna, sometimes with his family, but often, to the detriment of his marriage, solo. In the early 1990s, Tompkins bought property in southern Chile and fell in love with its pristine beauty. His outrage over the resource extraction–based nature of the Chilean government’s policies fueled his desire to protect the land. In the years that followed, he became an outspoken, sometimes reviled conservationist dedicated to using his fortune to transform thousands of acres of Patagonia into national parks. The great strengths of this timely, well-researched book lie not just in the author’s detailed characterization of Tompkins’ complex personality, but also in the celebration of his singularly dynamic crusade to save the environment.

A satisfyingly heartfelt tribute to a thoroughly remarkable man.

Pub Date: Aug. 10, 2021

ISBN: 978-0-06-296412-0

Page Count: 336

Publisher: HarperOne

Review Posted Online: June 15, 2021

Kirkus Reviews Issue: July 1, 2021

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BEATING THE STREET

More uncommonly sensible investment guidance from a master of the game. Drawing on his experience at Fidelity's Magellan Fund, a high- profile vehicle he quit at age 46 in 1990 after a spectacularly successful 13-year tenure as managing director, Lynch (One Up on Wall Street, 1988) makes a strong case for common stocks over bonds, CDs, or other forms of debt. In breezy, anecdotal fashion, the author also encourages individuals to go it alone in the market rather than to bank on money managers whose performance seldom justifies their generous compensation. With the caveat that there's as much art as science to picking issues with upside potential, Lynch commends legwork and observation. ``Spending more time at the mall,'' he argues, invariably is a better way to unearth appreciation candidates than relying on technical, timing, or other costly divining services prized by professionals. The author provides detailed briefings on how he researches industries, special situations, and mutual funds. Particularly instructive are his candid discussions of where he went wrong as well as right in his search for undervalued securities. Throughout the genial text, Lynch offers wry, on-target advisories under the rubric of ``Peter's Principles.'' Commenting on the profits that have accrued to those acquiring shares in enterprises privatized by the British government, he notes: ``Whatever the Queen is selling, buy it.'' In praise of corporate parsimony, the author suggests that, ``all else being equal, invest in the company with the fewest photos in the annual report.'' Another bull's-eye for a consummate pro, with appeal for market veterans and rookies alike. (Charts and tabular material— not seen.)

Pub Date: March 1, 1993

ISBN: 0-671-75915-9

Page Count: 320

Publisher: Simon & Schuster

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: Jan. 1, 1993

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