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This book is fantastically easy to follow, all the hard stuff is explained and Tyson will show you where to find the extra information you'll need.

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In short, an excellent book both informative and well written. The text doesn't do a very good job of explaining the ideas and concepts. Here's a couple of lines from the book. Loftis touches upon investing in areas such as those, he prefers to buy triplexes/fourplexes in "yuppie" areas.

 
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Foreclosure in Phoenix, AZ 85041
ListDate - 02/16/2006, ParkingSpaces - 5, - property type: Commercial
The price is 4900 This Home has: 0 Bedrooms and 5 Bathrooms
Click here to see this Foreclosure home and many more

A good companion book would be "Investing in by Andrew McLean and Gary Eldred.

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The reality is there's no single "magic bullet" way to measure whether a property is a good deal or not; this book makes this point while teaching all the various measures, at all phases of ownership including selling or "exit strategy", which most novice investors don't usually consider when they're just getting started . My experience has been in lower class neighborhoods. I have no expertise in the field but I find little to disagree with we are in trouble, our lifestyle is going to change and the sooner we start dealing with it the more of our culture we can preserve. Knowing how mortgages work especially ARMs and the right questions to ask has definitely changed the treatment we have received from various mortgage companies. It is clear that this book is full of theory.

Here's a couple of lines from the book.

It's concise, educational and to the point. The book also considers whether starting and running your business can be a good investment option. This book has been well reviewed by others and I do not wish to reiterate their comments. Feel skeptical?