by Michael P. Currie ‧ RELEASE DATE: Sept. 14, 2022
A useful overview of property investment opportunities.
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Currie offers a primer on the basics of real estate investing.
In his first book, Landlord by Design (2016), the author, a real estate investor and landlord, tackled residential property management. This second work goes into what it takes to be successful at property investment. Instead of focusing on a few strategies in that area, however, Currie paints with a broad brush; the book’s brief, easy-to-read chapters touch on virtually every type of real estate investment vehicle, including room rentals, vacation rentals, house flipping, condominium investing, land purchases, fractional ownership, and others. A particularly low-risk strategy, Currie says, is “house hacking,” which he describes as “buying a property, living in part of it, and renting out the rest.” The book also includes useful information about key fundamentals, such as securing mortgages, real estate agents, mortgage brokers, bankers, and insurance. The book’s 36 chapters are short and to the point, and Currie is careful to present balance, assessing risks and benefits. When discussing real estate location, for example, the author offers a solid list of “main points to remember when looking at the economy of an area.” In a chapter concerning vacation rentals, Currie includes “common risks” as well as valuable tips on what questions to ask prospective vacation renters. In an intriguing discussion of “zero-down real estate investing,” he shares his own experience and provides seven ways to invest without making a down payment. Some topics, such as joint venture deals, syndication, and crowdfunding may extend beyond the capabilities of the average real estate investor, and because of the abbreviated format, the book addresses these subjects as well as others in only a cursory manner, so additional investigation will likely be required. The prose style is informal and breezy, and Currie seamlessly weaves his investing experiences into the chapters, with relevant examples and lots of bulleted lists. Still, readers should be aware that these experiences are mostly limited to the Canadian real estate market, and although his observations and suggestions may be broadly applicable, prospective real estate investors must take local regulations into account.
A useful overview of property investment opportunities.Pub Date: Sept. 14, 2022
ISBN: 9780995303706
Page Count: 232
Publisher: Beachrock Publishing
Review Posted Online: Nov. 18, 2022
Kirkus Reviews Issue: Jan. 1, 2023
Review Program: Kirkus Indie
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by Daniel Kahneman ‧ RELEASE DATE: Nov. 1, 2011
Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our...
A psychologist and Nobel Prize winner summarizes and synthesizes the recent decades of research on intuition and systematic thinking.
The author of several scholarly texts, Kahneman (Emeritus Psychology and Public Affairs/Princeton Univ.) now offers general readers not just the findings of psychological research but also a better understanding of how research questions arise and how scholars systematically frame and answer them. He begins with the distinction between System 1 and System 2 mental operations, the former referring to quick, automatic thought, the latter to more effortful, overt thinking. We rely heavily, writes, on System 1, resorting to the higher-energy System 2 only when we need or want to. Kahneman continually refers to System 2 as “lazy”: We don’t want to think rigorously about something. The author then explores the nuances of our two-system minds, showing how they perform in various situations. Psychological experiments have repeatedly revealed that our intuitions are generally wrong, that our assessments are based on biases and that our System 1 hates doubt and despises ambiguity. Kahneman largely avoids jargon; when he does use some (“heuristics,” for example), he argues that such terms really ought to join our everyday vocabulary. He reviews many fundamental concepts in psychology and statistics (regression to the mean, the narrative fallacy, the optimistic bias), showing how they relate to his overall concerns about how we think and why we make the decisions that we do. Some of the later chapters (dealing with risk-taking and statistics and probabilities) are denser than others (some readers may resent such demands on System 2!), but the passages that deal with the economic and political implications of the research are gripping.
Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our minds.Pub Date: Nov. 1, 2011
ISBN: 978-0-374-27563-1
Page Count: 512
Publisher: Farrar, Straus and Giroux
Review Posted Online: Sept. 3, 2011
Kirkus Reviews Issue: Sept. 15, 2011
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New York Times Bestseller
by Barry Diller ‧ RELEASE DATE: May 20, 2025
Highly instructive for would-be tycoons, with plenty of entertaining interludes.
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New York Times Bestseller
Well-crafted memoir by the noted media mogul.
Diller’s home life as a youngster was anything but happy; as he writes early on, “The household I grew up in was perfectly dysfunctional.” His mother lived in her own world, his father was knee-deep in business deals, his brother was a heroin addict, and he tried to play by all the rules in order to allay “my fear of the consequences from my incipient homosexuality.” Somehow he fell into the orbit of show business figures like Lew Wasserman (“I was once arrested for joy-riding in Mrs. Wasserman’s Bentley”) and decided that Hollywood offered the right kind of escape. Starting in the proverbial mailroom, he worked his way up to be a junior talent agent, then scrambled up the ladder to become a high-up executive at ABC, head of Paramount and Fox, and an internet pioneer who invested in Match.com and took over a revitalized Ticketmaster. None of that ascent was easy, and Diller documents several key failures along the way, including boardroom betrayals (“What a monumental dope I’d been. They’d taken over the company—in a merger I’d created—with venality and duplicity”) and strategic missteps. It’s no news that the corporate world is rife with misbehavior, but the better part of Diller’s book is his dish on the players: He meets Jack Nicholson at the William Morris Agency, “wandering through the halls, looking for anyone who’d pay attention to him”; hangs out with Warren Beatty, ever on the make; mispronounces Barbra Streisand’s name (“her glare at me as she walked out would have fried a fish”); learns a remedy for prostatitis from Katharine Hepburn (“My father was an expert urological surgeon, and I know what I’m doing”); and much more in one of the better show-biz memoirs to appear in recent years.
Highly instructive for would-be tycoons, with plenty of entertaining interludes.Pub Date: May 20, 2025
ISBN: 9780593317877
Page Count: 352
Publisher: Simon & Schuster
Review Posted Online: May 12, 2025
Kirkus Reviews Issue: June 15, 2025
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