Investing in real estate remains a fairly attractive proposition, even in a recession economy, because property purchases result in tangible assets that tend to retain their value. Even if the market crashes and you end up underwater on a mortgage, the economy will eventually rebound; if you can hold onto your property long enough it is almost certain to gain value eventually. So it’s no surprise that a lot of people looking for a relatively safe and stable investment end up turning to real estate as a viable option, especially considering that property can provide a passive income in the meantime thanks to rental potential. However, you can’t just jump into real estate investing with no clue about what you’re doing. Like any type of investment, you need to learn your way around the system if you want to be successful – otherwise you may as well be rolling the proverbial dice. And in his audio book ‘Creative Real Estate Investing Strategies and Tips’, Omar Johnson aims to provide you with creative solutions that will help you to make the most of your money.
Now, you might be reasonably skeptical about this type of “how to” manual. After all, there is no shortage of tutorials out there touting get-rich-quick schemes, and investment strategies, in particular, seem to suffer from this syndrome. So the question is whether or not this audio book offers relevant information that can actually help you to get creative where your real estate investments are concerned, resulting in the growing equity you’re looking for, or if it’s just so much rhetoric designed to sell books, regardless of its use value.
Unfortunately, the opening lines won’t ease your fears on this score, as Johnson delivers a short introduction rife with marketing catch phrases designed to lure you in. For example, he offers listeners the goods from his “golden vault of creative real estate investing”. And the first section, which covers common wholesaling mistakes, is not much better, starting with problems like “you’re paying too much for properties” followed by solutions like “lower your offers”. Right. Why didn’t we think of that?
But while the audio book does not exactly get off to an auspicious start, it picks up the pace and begins to offer some targeted information concerning all manner of real estate investing. Listeners will pick up gems related to title issues, abandoned properties, taxes, and more. Of course, it also covers the bases with information on short sales, foreclosures, wholesaling, land trusts, and so on. Overall, it could be considered a good first step for prospective real estate investors who don’t know what they don’t know about the process – in other words, it’s a beginner class in real estate investing that just happens to impart a few truly useful pearls of wisdom.
It’s too bad that Johnson peppers his submission with marketing nonsense (although this is no surprise considering his background in marketing and SEO). He seems to know what he’s talking about even though he glosses over the subject matter, implying that he probably could have created a much more useful guide. So if you don’t know the first thing about real estate investing, this audio book might be as good a place as any to start. But if you’re already involved in real estate investing, making purchases and getting the lowest interest rates on sites like RateSupermarket, then you probably won’t find the creative strategies you seek in this audio book.