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Perhaps Allens best Real Estate Book. I used the technique in "Creating Wealth" coupled with "Nothing Down" to buy my first home with NOTHING DOWN. Further, my investing in real estate properties, I was able to earn enough money to pay off my home in under 5 years and replace my salary from my job of 20 years. Some of the information in "Creating Wealth" is duplicated from "Nothing Down" but there is also much newer information as well. For example, Allen shows you the traps to avoid in buying properties with Nothing Down that most other authors ignore. HE ALSO offers scripts to use when calling home owners. While I don't expect to become a millionaire (wasn't my goals anyway) I have achieved financial independence in that I am debt free and live very well on the income generated from Mr. Allen's strategies. I also recommend "Multiple Streams of Income" and "Multiple Streams of Internet Income." An enlightening novel This book is great. It has given me the plan to apply to my motivation. The advantages of investing in real estate are amazing and this book shows many of them. I read this book after reading four of the Rich Dad Poor Dad series, and must say I enjoyed the change. While Robert T. Kiyosaki gives reasons for getting wealth and motivation to gain wealth, Robert Allen actually puts forth a plan for gaining wealth. This book is about strategy. Allen has a plan that worked for him, and he shares it with us. Buy real estate, three bedroom houses, and rent them. After ten years, buying two houses a year, one could have a million dollars in equity. I also like the way he writes. His style is entertaining and exciting. He loves what he does, and it comes across in his writing. Additionally, he gives tips on finding the right houses, the right neighborhoods, the right sellers, the right financing, and the right tenants. I encourage you to buy and read this book, because I think you will read it more than once. Still works in the new millenium I bought this book in the mid 1980's and it worked. During the 90's, I switched to stock market investing and put real estate investing on hold. With the bear market that started during the Clinton years, I started to move back into real estate and discounted mortgages and other securities as espoused by Allen such as Gold and Gold Stocks and mutual funds. Creating Wealth was an excellent book back in the 80's and it is an even better book today. The advice is timeless and is based on what really works in the real world, not just some writers opinion as is the case with too many other books out there today. If you are serious about real estate investing and creating wealth, I highly recommend this book along with "Nothing Down for the 90's." Out of date. My title says it all. Its just a rehash of many of his No Money Down books and its now very dated. A Thoughtful Book Creating Wealth is a thoughtful book. It presents a lot of "How-to" techniques that teaches you how to create wealth in real estate, collectible coins, all the way to using corporations to your advantage. The Real Estate section is particular well done and i really like the charts and diagrams he used to demonstrate what to look for, how to look for it, what to buy, what not to buy. The author also provides a series of negotiation scripts to demonstrate how the whole process works. Compare with some of Robert Allen's later books, i think this one is more complete, more thought out and less on self bravados. I would suggest that you should read/study this book with an open mind and a critical eye. This book is about establishing a different thinking process, but you'll still need to have the technical know-hows to fully protect yourself from any Real Estate Pitfalls. See also:
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