Burst This!: Frank McKinney's Bubble Proof Real Estate Strategies

by Frank McKinney

Book Overview

Frank McKinney continues his international bestseller tradition of delivering contrarian perspectives and strategies for generational success in real estate. Tired of all the doom and gloom? Frank McKinney helps you wash away the worry--the anxiety financial theorists and misguided media constantly dump into the real-estate marketplace.

During his twenty-five-year career, this 'real estate rock czar' (The Wall Street Journal)...

• Format: Hardcover
• Language: English
• ISBN: 0757313833
• ISBN13: 9780757313837
• Release Date: February 2009
• Publisher: Health Communications
• Length: 372 Pages
• Weight: 1.60 lbs.
• Dimensions: 1.1" x 6.4" x 9.2"

Customer Reviews

First-class practical guide to residential real estate investing

If you are looking for a first-class practical guide to residential real estate investing, pick up a copy of Burst This! Frank McKinney's Bubble-Proof Real Estate Strategies. McKinney began his residential real estate investing over twenty-five years ago when he purchased a thirty-six thousand dollar property in a neighborhood that most of us would not even think of driving or walking through, let alone invest in. It was a dilapidated crack house that he called a fixer-upper. Six months later he netted a seven thousand dollar profit. This was the beginning of his real estate career that has now led him to construct distinct and unique homes that sell for millions of dollars. What I found particularly noteworthy about this part real estate investment principles, part psychology and part philosophy book is that I personally have witnessed during my thirty-five years as a title attorney the application of many of the principles McKinney enunciates in the book. These rules, as the author states, are not only for rough times, nor for good times, nor only any other specific time. They can be applied any time and for different scenarios such as buying a home for yourself, or investment purposes, or perhaps even staking out a career in real estate. McKinney informs us that the basic distinction between himself and others who would like to do what he does, but don't (or don't do it successfully), is that he has an appetite for and willingness to take on bigger and bigger risks. He does live with fear nearly all the time, however, as we note, he always takes calculated risks. He thoroughly does his homework before he decides to purchase a property. Although nothing is one hundred percent sure, McKinney counsels his readers to strive for clarity which he breaks down as follows. Is a particular deal something you believe in with all your mind and heart? Do you see this as an annuity that will return big dividends for you and your family? Does it make financial sense according to the formula, he details in the book? Divided into four parts, McKinney covers such topics as your mindset and psychology that you must adhere to in taking intelligent risks no matter what kind of a market we are in; anticipating and making market trends; setting the record straight as to what is really happening with real estate investments for the short and long term. Considerable ink is devoted to locating, negotiating, buying a property and then how to go about improving it so that it stands out from the rest. Another section examines closing deals and your buyer and a complete system for selling your property. McKinney guarantees you that if you diligently apply his advice, you will be able to dominate your chosen real estate market and do so with greater confidence. An important part of the book's appeal is its clarity and down-to-earth explanations backed up with several real life examples. The information contained in each chapter is excellent and well organized concludin

Burtst This!

Never before have I gotten so much useful information out of a single book. "Burst This!" just keeps giving. Every time I read a passage, it is directly applicable to the stage of real estate I am experiencing. What I haven't experienced is being formed into a plan, far more detailed than ever before. Thank you Frank, for finally cracking the code. The study of your book is leading me to success. If you buy any real estate books this year, you need "Burst This!"

Knowledge and Wisdom

What a great book. Frank has taken a worthy approach in writing this book. Why should you buy this book over other RE Investing books? The answer is simple...Burst This puts substance, strategy and real scenarios into play and makes it easy to read and understand. Frank goes a step beyond authors like Kiyosaki who get you hyped up about something without giving you an actual education. If you have never done a RE deal or have done many you will get your monies worth from reading this. This book is a good one to have on the shelf and should be re-visited occasionally. Thanks for investing your time, knowledge and wisdom into this book Frank. Blessings. Joshua Rowland

Frank !! you rock !!

Frank has that uncanny and easy reading way to use his God given abilities to show you the way and develop your own Real estate / green strategies with honest and risk free real estate methodology as is seen in his maverick creations. keep on bursting it !! Frank!! and mucho gracias :)and God bless !!

Timely, Right-on, Insightful information

Classic Frank McKinney. Frank tells it like it is. Real estate runs in cycles, booms and busts. Relevant information for the real estate investor or anybody interested in becoming a real estate investor or just thinking about purchasing a property. Frank uses real-life experiences in real estate strategies not Ivory Tower or Television B.S. Frank is definitely a Maverick but a Contrarian? How about a Realist with an ability to see the future by studying the past. Great Book!