"Real Estate Riches" by Dolf De Roos

Summary: Dolf loves real estate and in his book "Real Estate Riches" he basically goes on a 150 page rant about its many benefits. However, there were a few notable nuggets of information found in the book worth remembering.

 

Main

 

When I started reading "Real Estate Riches" I thought it was just another bare bones sales pitch book on buy and hold real estate, but I was surprised. I found several items worth remembering:

 

* How to beat the averages with property:

1) Averages move slowly and predictably.

2) Invest in areas where growth is over the national average.

3) Stats can tell you which suburbs to invest in to beat average returns.

 

* Slow Real Estate Agents cane be a gold mind!

If you are having trouble dealing with an agent, so are the other buyers! Frequent horrible agents and you will find lots of great deals.

 

* Sign Contracts "as nominee":

You may not know what entity you want to put a property into when you first make an offer. Signing it "as nominee" will allow you to assign the contract to the proper legal structure.

 

The authors website is DolfDeRoos.com. He has a newsletter which looks like it might be worth signing up for.

Biggest Takeaway: Dolf owns properties in tons of countries including New Zealand, the Netherlands, Australia, and the United States. He makes a great argument for investing across borders. This is something I need to look into a few years down the road (Target: 2024). He also makes a great argument for the investment environment in New Zealand.

 

 

Biggest Takeaway: Dolf owns properties in tons of countries including New Zealand, the Netherlands, Australia, and the United States. He makes a great argument for investing across borders. This is something I need to look into a few years down the road (Target: 2024). He also makes a great argument for the investment environment in New Zealand.

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