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Publisher's Summary

The ABCs of Real Estate Investing teaches how to:

  • Achieve wealth and cash flow through real estate
  • Find property with real potential
  • Unlock the myths that are holding you back
  • Negotiate the deal based on the numbers
  • Evaluate property and purchase price
  • Increase your income through proven property management tools

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.

©2013 Ken McElroy (P)2013 Hachette Audio

What listeners say about Rich Dad Advisors: ABCs of Real Estate Investing

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    3 out of 5 stars
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Good info but a little basic

Great tips on property management. As an experienced investor I didn’t find a ton of nuggets, but still one or two. I’ve heard amazing things about this book and I suspect it has changed the mindset of a lot of new investors, but as an experienced investor I found it kind of light.

3 people found this helpful

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A Good Insight.

The book is a good overall insight for those who want to get into real estate investing.

2 people found this helpful

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Property manager bible

If you ever wanted to be in the real estate investment industry as a long term rental property owner, this is the book for you. The pros to the cons of every aspect of the business and how to get into and out of each property.

Detailed, honest , and informative.

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information a little too basic

a little too basic. could have gone into more depths. good info on finding a good property management company.

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Great information, but buying hardcopy

Best book I have read so far on Real estate investing. A ton of great info and in the weeds detail that most books upsell you on some course to provide. So much in the weeds detail, however, that I am buying the hard copy because listening to this without looking at the PDF and having a pen and paper in front of me, made me feel like I missed a ton. Awesome book, respect to the RDPD team, great content.

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Good

Would have been nice to have acces to the charts in PDF. Others then that good book if you know nothing about real estate. It feels like the beginning is more geared toward smaller multi (6-10units) which is good fit people starting out, but the later chapters seem to be note about larger multis. All un all a good book.

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  • JB
  • 2019-02-18

Limited takeaways from this book

If you've spent any time in real estate, you'll most likely find this book redundant. I was able to takeaway about a paragraph worth of material throughout the entire time I listened to it. There are other books out there on real estate that will dive deeper into the subject matter while explaining it in simple terms so it's applicable to new entrants.

17 people found this helpful

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  • SeanM
  • 2015-02-14

Very useful and practical.

The title fits the book perfectly. This is a great foundation for someone wanting to start investing in multifamily. Its like a multi unit investing 101 class.

32 people found this helpful

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  • Levi
  • 2015-06-22

This is for big investments.

If you're only wanting to start small with a rental house or 2, this book is overkill. If you're going big for apt complexes and having partners etc, it's all you.

52 people found this helpful

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    3 out of 5 stars
  • Creighton
  • 2017-02-08

Not bad, but short. Brief overview of the process.

Not a lot of good details. More of a general overview of how to buy commercial real-estate. The chapter on investigating the area is pretty good, but the rest is vague. I guess you can't expect a lot of detail from a 5 hour book .if you're just starting off i highly recommend 'the book on rental real estate' from bigger pockets. Way more information.

8 people found this helpful

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  • Chase
  • 2017-05-18

Great for Apartment Investing

Fantastic book with several practical steps to run your own apartment bldgs. You probably couldn't go buy an apartment immediately after reading this but you will be miles ahead of someone who has not been educated in this way. Two thumbs up!

7 people found this helpful

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  • Roberto Hernandez
  • 2014-09-23

Good but not what I was expecting

Would you try another book from Ken McElroy and/or Garrett Sutton?

Probably, but after doing some research myself

Would you recommend Rich Dad Advisors: ABCs of Real Estate Investing to your friends? Why or why not?

No because this book is not for everyone. The title is misleading. It's supposed to teach other people how to invest in real estate, but all the stories in the book focus on how to invest in Apartment Real Estate properties, which costs millions of dollars, not something an average Joe can start investing on.

Was Rich Dad Advisors: ABCs of Real Estate Investing worth the listening time?

No

Any additional comments?

Title is misleading. Should have read the reviews first.

16 people found this helpful

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  • Jose M.
  • 2021-08-25

I feel very prepared for real estate investing

I first started listening to robert kyosaki's "unfair advantage" and he mentioned how real estate is the easiest investment to work with but I felt intimidated by not knowing all of the little details I would need to know in order to be successful. he kept talking about getting continuous education and when I came across this book and listened to it, gave me EVERY ANSWER to the questions I had in my head. it's almost as if ken mcleroy was reading my mind and understanding my fears/concerns. after listening to this book I feel empowered and confident to start my real estate investment career.

2 people found this helpful

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  • Peter & Nari Hanna
  • 2017-03-07

very useful and practical

Loved it. A great listen while I drove around for work. Great to help me plan for my famil's financial freedom.

2 people found this helpful

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  • dbaba
  • 2015-04-29

Not bad at all

it basically does a great job detailing a sure way to make money from buying multiple rental units. I was expecting more in the buying and selling and or single unit rentals

10 people found this helpful

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  • D. Arrindell
  • 2021-04-13

Good practical guide

I like the methodoligical approach to real estate investing of this book. It is full of practical insights. My only remark is that it seems to be focused more on the 'how to CHOOSE a property to buy' rather than how to MANAGE a property you have bought.

The majority of the book is about how to choose a property based on all kinds of objective criteria and appraisal tools. A much smaller portion is about the managing of properties. Overall I really enjoyed the book. Consider it a deep dive from the Rich Dad Poor Dad Books.

1 person found this helpful