Are You Dumb Enough to Be Rich?: The Amazingly Simple Ways to Make Millions in Real Estate

by G. William Barnett II

Book Overview

No investment strategy has created more millionaires than real estate. Even in less-than-stellar economies, real estate offers a ""safe harbor"" to people wishing to make smart, low-risk investments.... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0814471773
• ISBN13: 9780814471777
• Release Date: January 2003
• Publisher: Amacom
• Length: 256 Pages
• Weight: 0.10 lbs.
• Dimensions: 0.8" x 6.0" x 9.2"
• Age Range: 17 years and up
• Grade Range: Grade 12 and higher

Customer Reviews

Good real estate book

I believe that this book is a great companion to Robert Allen's Nothing Down. The fact that Allen wrote the forward should tell you how Allen feels about this book.Are You Dumb Enough To Be Rich is updated for the times and offers fresh material. I like the fact that the author offers information on tax liens and discounted mortgages as well.Are You Dumb Enough To Be Rich is a great book. You would be dumb not to buy it and use it. Great book. Highly recommended.

A "Must Read" for Budding Investors

One of the most common questions we get from our users at ForeclosuresMass is "Now that we have the foreclosure data, what do we do with it?" Well there are many different way to pursue foreclosures and when we first read "Are You DUMB Enough to be RICH" by G William Barnett II we thought Bill was reading our minds! In his book, he goes over how to approach people in foreclosure, what letters to send them, what to do once you meet with them, how to structure the deals, your 120 day step-by-step plan, how to find investors, and much, much more. In addition to foreclosures, he also goes into the many other ways to make money in real estate. Add on the forward by Robert G. Allen and you have one fantastic book!.....

If you need to know where to start, buy this book!!

As a newcomer to real estate investing, I've heard about "Dumb Enough" at a seminar in California. On my 3 hours flight back to Detroit I couldn't take my eyes from the book. This was EXACTLY what I was looking for: an action plan in form of a step by step approach for the first 120 days. Just following the how to steps described in the book I started - in a matter of days - placing adds on the newspapers, sending messages to attract money lenders (which I placed on the back of my business card) and contacting companies to help me find great real estate deals.

I AM dumb-enough!

Bill Barnett offers non-stop suggestions throughout the entire book on how to improve your ability to buy, rehab-if-necessary, and market real estate. I've been a real estate investor for over 40 years and I learned an amazing number of new techniques and ideas by simply reading this book. I've also had the pleasure of meeting Bill personally, and he's a great resource to have on your team.

A must read for the real estate investor

ARE YOU DUMB ENOUGH TO BE RICH is a candid "HOW TO" book on becoming rich by investing in real estate. Mr. Barnett (while using amusing antecdotes) explores and explains how to avoid the common pitfalls the that can destroy the novice real estate investor. Fortunatly he does not stop there, Mr. Barnett details the process and procedures (including scripts, formulas and templates) for obtaining quick loans for the purchase of real estate, how to find and aquire properties from motivated sellers and, once purchased, how to sell these properties quickly and for a predetermined profit. ARE YOU DUMB ENOUGH TO BE RICH is An excellent book for the novice and a great resource for the experienced investor.