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Excellent Book: Robert G. Allen's book Creating Wealth was very helpful to me. My wife and I have had a lifetime of real estate experience, owning, managing, selling, and buying real estate of all kinds throughout the country. We have, in fact, written our own book based on our successful experience, SELLING FAST: We Sold Our House In One Day And You Can Too. We have followed Allen over the years. His writing is lucid, his concepts accurate from our experience, which spans 42 years. I was president/CEO of a large mutual insurer which held millions of dollars in property and securities. That experience and running our own duplex, apartments, and rental houses over the years made us wealthy. Though I made a fantastic salary as company president, nothing was as remunerative as working with our own real estate. I was especially impressed with Allen's Chapter 16 in Creating Wealth: "How the Rich Pay Lower Taxes." He uses simple, very understandable words and examples, with diagrams that teach. For example, he likens income and the tax burden to a tank of water, with a tax facet near the top and different sections for spendable income and taxes and a business expense faucet. Anyone experienced in real estate must understand what is deductible and what is not. Allen makes this clear. This is not to say that each owner of real estate is out to take the U.S. government and the IRS for a ride. Quite the contrary--there are legal deductible business expenses that can and should be utilized. I take exception to the review by KAZU, who claims to be a CPA, that denigrates Allen for publicizing these things. Nothing in his book persuades people to break the law. Rather, it suggests that in order to grow your wealth you must use every legal way to preserve and grow your real estate income. I give this book five stars for excellence.
very interesting but takes a while to get into it at the begining.: Blank out of your mind for a moment, everything you were taught in school, taught by your parents,family and friends, by pubilicity,and even your bank manager, now, read this with an open mind. When you're finished ask yourself,what if I put this into practice, how will it change my life?
Don't buy it if you don't want REAL RESULTS: Allen's book provides a pragmatic perspective on real estate. Much better than Carlton Sheets and other books on Real Estate Investment. There are a gizillion books on Real Estate and building financial wealth, however most of them are filled with common-sense cliches and psychological mumbo jumbo. If you want to gain real wealth,you must read these books: 1.The 12 Month Millionaire (http://www.12monthmillionairebook.net.tc/ ) 2. Trump:How to get Rich (Amazon.com) 3.The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich (Amazon.com) 4.Creating Wealth (Amazon.com) --Matthew
Creating wealth: Very good book. I recommend it to anyone who wants to improve their financial literacy. When you know how to make money then make that money work for you easily, it will never matter what the economy is doing or where your at or with who, you will always know you will live a life of luxury.
Create The Wealth You Dream Of!: Robert Allen has been a mentor of mine for several years and he is a supremely intelligent man. His book Creating Wealth contains a 'wealth' (pardon the pun!) of information and strategies on how one can change their thoughts, take action steps, implement them and create a stream of residual income for life. It is a must read for anyone looking to change their financial future and build wealth for themselves and their families.
| Author: | Robert G. Allen | | Binding: | Paperback | | Dewey Decimal Number: | 332.02401 | | EAN: | 9780671621001 | | Edition: | Rev Upd | | ISBN: | 0671621009 | | Number Of Pages: | 304 | | Publication Date: | 1986-04-22 |
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