Building Wealth One House at a Time: Updated and Expanded, Second Edition

Explains how to buy local rental homes, the difference between fix-and-sell versus buy-and-hold, how to snowball your rental cash flow into buying more rental homes, selling your weaker performing houses to buy stronger performing houses, and more. Definitely not get-rich-quick. You can retire comfortably in 10 years with 10+ free-and-clear rental homes when you approach this business with a sensible plan of buying houses at 10% below fair market value with 10% down payment and 10%+ yield on your investment (the author's 10/10/10 plan), and wisely reinvesting cash flow, equity gains, and selling the loser houses to pay off the debt of the winners.

I have read a lot of real estate books but this one completely sold me. Super well written.Concise and to the freaking point. No lengthy story telling like other real estate books.I have bought two single-family houses according to the instructions of this book and I am honestly happy and enjoying that I am investing in real estate.I totally recommend this book if you are interested in investment in real estate.

Have read about 2 dozen books on real estate investing, but this one is probably my favorite. Simple. Easy to read and understand. And this was a re-write, which is important when you are considering investing in real estate -- because circumstances do change over time.

Filled with information for the real estate investor. Some of the book is a little dated, but the foundations of his methods are timeless. Some investors who write books don't write very well. John Schaub makes you feel as if he were sitting across the table from you giving you drinking a cup of coffee and passing on his hard learned lessons.

I'd buy this book again and will refer to it as reference. While I found it useful as a beginner I felt some parts were glossed over and not fleshed out enough. All in all one of the best books for beginners, but missed the mark in some spots. I'd still recommend to all beginners.

As a person who've read many books on the subject many years ago, I must say that Mr. Schaub greatness with this book, is that besides the immense knowledge that he obviously has and conveying, he is able to focus and analyze the real estates market from the buyer's/investor's point of view, and therefore give the reader exact information and so much sought for details. All in all, after reading this book I think that a reader will be so much more knowledgeable and understand how the market works and the dynamic of the real estate market.

John Shaub's position is that you don't need to be a big time, attend courses costing thousands of dollars to get rich in real estate. One house at a time will get you there. You don't have to buy junk, go crazy fixing it up and selling it to make a few dollars. Buy a house in a good neighborhood that needs very little work. Keep the house...forever! You can get rich this way!

I have read more than 30 real estate book over the past 3 years. This is by far the best book I have read. This is amazing place to start. Thanks John!

Good Book

The book solves the purpose of introducing the reader to a potential of real estate investing. The book is rational. Well supported by plans, examples of good decisions and bad decisions. Book also try to teach you for not making obvious mistakes. In case you make a mistake just learn from it and move forward. I learned so much from this book. Thank you

5 stars for this book. Very smart ideas and down to earth example. I couldnt stop reading when I started, it was so interesting. Definitely recommended this book to anyone who is realestate rental bussiness

A book of fluff and not much practical ideas. I returned this book. Not worth my time. I do not recommend it!