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Rich Dad Advisors: ABCs of Real Estate Investing

The Secrets of Finding Hidden Profits Most Investors Miss
Written by: Ken McElroy
Narrated by: Garrett Sutton
Length: 5 hrs and 7 mins
4.5 out of 5 stars (49 ratings)

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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

Average Customer Ratings
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  • Overall
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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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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.

2 people found this helpful

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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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  • Overall
    5 out of 5 stars
  • 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.

30 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.

46 people found this helpful

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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.

6 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.

6 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!

5 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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  • 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.

14 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

9 people found this helpful

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  • BJ THOMAS
  • 2018-09-29

Enlightening/Concise/Instructive/Practical info...

Alot of useful content compressed into a relatively short read. A keeper to re-read and reference.

1 person found this helpful

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  • Caleb holland
  • 2017-09-20

Great book

I loved this book. I will definitely be using it repeatedly to reference it when buying properties. I didn't care for the reading style of the person reading it though but that's just personal preference. I have listened to a few of the rich dad books and I liked the guy who did rich dad poor dad and cashflow quadrant better.

1 person found this helpful