Customer Reviews: Read 47 more reviews...
Informative and Logical September 1, 2008 As a general practitioner, not a specialist in asset planning but nevertheless having to advise clients with business concerns and real estate interests, this book is the best on the subject that I've come across. It's actually more informative and logical than bar association materials I've referenced in the past.
Fun read, but take heed... April 1, 2008 3 out of 3 found this review helpful
I love the Rich Dad books because they're motivational as well as interesting, but there has to be a word or two of caution.
Concerning incorporating properties...this seems rather specious. You don't have to go to the trouble of incorporating each property to keep the fear of having personal assets taken through a liability claim; that's why you carry insurance, and a lot. A big policy is more than sufficient, and most courts will not allow lawsuits from taking your primary home.
Time being money, it's much faster and easier to sign a policy than to do the tedious and never-ending paperwork to incorporate a property. There may be rare circumstances when you would (a real estate lawyer is worth the consultation) but for 99.9999999% of the people in the world, No.
Very good book, but... February 6, 2008 0 out of 1 found this review helpful
I own this book - I have for years. It is a very good book and interesting to read (which is something not all business books are).
What I don't like and what completly sucks are all of the shill reviews on here obviously placed by the publisher, author, or agents giving it five-star ratings and saying stupid things like "Thanks to Garrett, I now look towards the future with... etc. blah blah blah".
It is a good book for this topic - and stands on its own. It is really seriously lame that they felt the need to support it in this disingenuous manner.
Start incorporating now!!! January 2, 2008 If you have always dreamed of owning your own company and have been in the process of incorporating this book is the solution to get you moving in the right direction.
For the dreamers December 2, 2007 1 out of 5 found this review helpful
This book makes everything sound very easy...I also wonder how he can have so much time writing book after book if he could just open up more corporations instead...Any book that's produced in a mass-series hardly contains solid information.
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