Average customer rating:
- Great book for first time parents
- Great book
- Great Book
- Don't leave home without it!
- Great guide - not just for bargainst but for safety info
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Baby Bargains, 7th Edition: Secrets to Saving 20% to 50% on baby furinture, gear, clothes, toys, maternity wear and much more! (Baby Bargains)
Denise Fields
Manufacturer: Windsor Peak Press
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Binding: Paperback
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ASIN: 1889392251 |
Amazon.com
Congratulations, you're expecting a baby! What you may not be expecting is all of the requisite gear you "need" to look after your dear bundle. Fear not. Denise and Alan Fields, authors of Bridal Bargains, are here to tell you what's super and what's silly, and how to find it at the best price. You'll learn all about how (and where) to shop for a crib and dresser (including how to get European styling at reasonable prices), what you need in bedding and what can be skipped (a hint: no baby requires the $200 quilt!), which clothing brands are safest and least expensive, and how to shop for monitors, toys, car seats, strollers, books, videos, and more. The authors have field-tested every major brand (and several of the minor ones), and they provide star ratings and annotations at the end of every chapter. A helpful feature in each chapter called "Wastes of Money" will steer you away from $35 Baby Air Jordans and frilly diaper stackers that match your bedding. If that's not enough, they offer a money-back guarantee: If the book doesn't save you at least $250 in baby expenses, they'll refund the price of the book. Well researched and written in a witty and comfortable tone, Baby Bargains should be required reading for every safety- and money-conscious parent-to-be. --Rebecca A. Staffel
Book Description
One of the thorniest questions new parents ask themselves is, How are we ever going to pay for this? With the average cost of a baby topping $6,000 for the first year alone, expectant moms and dads need all the creative solutions and cost-cutting ideas they can find. Baby Bargains is the answer. The book lists great deals and money-saving strategies for a wide variety of must-have items, from maternity wear, baby clothes, and diapers to furniture, bedding, and toys. Extensive charts allow parents to compare and contrast name-brand cribs, strollers, high chairs, child safety seats, baby monitors, and more. Now in its seventh edition, the book has been completely revised and updated to include new sections on toddler topics like potty training and booster seats;the latest news on hot strollers, including new models from Europe; new reviews on ultra-modern nursery furniture brands; extensive charts that compare and contrast name-brand cribs, strollers, high chairs, baby monitors and more; and a special section on Canada bargains, with expanded reviews on Canadian brands and discount sources.
Customer Reviews:
Great book for first time parents.......2007-10-06
This is a great book for first time parents! I was clueless on what to get for our first baby, and this book was a lifesaver. I even took it with me to register, so that I could refrence it.
Great book.......2007-10-06
Having a baby is stressful enough without the shopping experience, when it is time to buy is the whole experience is overwhelming, everybody has an opinion, the baby store gives you a big list of items which you might not need but they want you to buy, it is even worst if you are having your first baby, this books answer these questions: what to buy? when to buy? how much money should I spend? totally worth it.
Great Book.......2007-10-05
This is a great book and really helped us as first time parents figure out what we did and did not need. It is a must have!
Don't leave home without it!.......2007-10-03
I received this book as a baby gift before my child was born. We took it with us to register as well as when we'd go to the store on our own. It was an excellent resource. Also it really helped because my husband wanted to get used or hand me down items to save on money, but this book really tells you what you need to buy new, so that helped settle that disagreement for us! Our baby is now 4 1/2 months old and I still reference this book from time to time. I had it with us when we were in the store picking out a crib and a couple was having a hard time deciding on a mattress, so I showed them the book and she thought it was a great book as well. Excellent buy!
Great guide - not just for bargainst but for safety info.......2007-09-30
We love this book! The safety information on the car seats was a great summary of the pros and cons of each seat - and when we went to the police station to have ours installed the officer confirmed that we had made a great choice. What's more the convertible he suggested we get next was the same one we'd chosen as it was the top pick in this book. (Britax)
I thought the info on cloth diapers (and environmental impact) could have been a little better (depending on where you are the diaper service can be cheaper than the book suggests) but we actually decided to do them at home because the info on how much easier it is with new cleansers like oxyclean and more efficient washing machines made it sound more convenient than diaper service and way cheaper. This is a minor complaint though they are in general very very good with avoiding getting too deep into controversial topics which deserve much more space.
Great book. Get it - the standard I think of guides for purchasing. I didn't always buy the cheapest item either because the info was good enough that I felt like I could make a good choice about the value of something, not just the price.
Make sure you get the newest edition though as new ones come out frequently.
Book Description
Fully updated to keep pace with a rapidly changing technological environment
The swift-moving technology revolution continues to transform the practices and procedures involved in purchasing for the hospitality industry, even as essential principles remain unchanged. Now, the cornerstone volume that set the standard for how hospitality purchasing is taught at universities, colleges, and culinary schools addresses the latest technological tools used in the industry today.
As always, Purchasing: Selection and Procurement for the Hospitality Industry, Sixth Edition retains the exceptional coverage that has made it the classic in its field, with in-depth attention to ordering procedures, distribution systems, supplier channels, price and payment, storage and security, and specifications for food, furniture, fixtures, and equipment. Chapters on produce, dairy, eggs, poultry, fish, meat, beverages, and other products are fully updated with the latest standards and trends.
Purchasing is important reading for students in hospitality, restaurant management, and culinary arts programs. This easy-to-use guide is also an excellent resource for professionals in food service and lodging operations who conduct training courses on purchasing goods and hospitality services.
Customer Reviews:
Good information, bad organization.......2004-02-25
I had to use this book as a text for a purchasing course I took and was frustrated to no end by its lack of organization. The different sections often repeat and even contradict themselves, although this improves substantially when you get to the chapters in the second half of the book on specific categories of items to be purchased. Each chapter is followed by a list of 30-40 "important words and concepts," most of which aren't defined or explained in the chapter but just mentioned in passing. Some of them aren't even mentioned in the chapter, and many of them appear on two or three different lists. The index is so limited as to be next to useless, and there is no glossary. I found myself continuously referring to other books and internet resources to get the information I needed, not because it wasn't in the book, but because I couldn't *find* it.
That said, the content of the book is thorough and well thought-out. Though I wouldn't recommend it as a textbook or desk reference, reading through it would give a novice buyer a good grounding in the principles of purchasing.
Awesome Book!!.......2001-12-12
This text is very easy to use. It covers just about every aspect of purchasing in the hospitality industry, and makes it simple to find what you're looking for. The information is very straight-forward, and it's written in plain english for anyone to understand.
Good book!!!.......2001-12-08
This book is very informative and well-organized. It's very easy to find what you're looking for...and it's got it all when it comes to information that pertains to purchasing for the industry. Very up-to-date...I especially liked the "Technology Applications for Purchasing" chapter.
A Comprehensive Understanding to Purchasing in the Hospitali.......2001-01-08
This textbook succinctly outlines and dicusses purchasing processes in the hospitality industry. It is therefore essential for any nonpurchasing agent who wants a comprehensive view of the purchasing function and activities to understand the management of a successful operation. The book has a lot of useful hands-on information and would be valuable to any person who will be assuming any purchasing related activities in the hospitality industry. As one who has studied hospitality management and worked in the industry, the detailed explanations are very precise and correct and very instructive. The book is recommended for nonpurchasing agents, but I recommend it for anyone who wants to understand one of managements' biggest headaches: purchasing.
Book Description
Inventory accuracy starts with an understanding of the conditions under which errors occur and ends with error-resistant processes, intelligent use of technology, a well-trained and highly motivated workforce, and an ongoing process of continuous improvement. In between, there's cycle counting, root cause analysis, process evaluation, user interface design, procedures, employee training, accountability, control methods, process checks, audits, exception reporting, transaction techniques, measurement, counting methods, bar codes, RF systems, speech-based technology, light systems, and software.
Inventory Accuracy: People, Processes, & Technology covers all of these topics and more in a comprehensive treatment of the subject of inventory accuracy in distribution, fulfillment, and manufacturing environments. In addition to documenting the standard tools and techniques used to achieve accuracy, the author provides insights as to why many of the standard solutions don't provide the best results and offers alternative methods. The focus on practical solutions that take into account the sometimes-conflicting priorities that affect accuracy, results in an approach that not only looks good on paper, but more importantly, works in the real world.
Customer Reviews:
A very, very basic book...there has to be better.......2007-05-28
This book is very basic and appears to be very dated. Several times I had to look at the copyright date to ensure it wasn't that hold. With a copyright date of 2003, I thought it would contain more up-to-date information. If you want very, very basic information, than buy this book. If you are already in warehouse distribution, this book will not help you at all. The advice that is given is so basic and not very helpful.
Inventory Accuracy 101.......2007-01-23
Book is written using easy to understand terminolgy. Glossary was invaluable tool.
Piasecki is the Man.......2007-01-04
David Piasecki is a very knowledgable fellow. But more importantly, he has the ability to communicate like an average Joe, not some academic.
This book is easy to read, and has lots of funny cartoons anyone dealing with warehousing or inventory can appreciate.
As far as actual content, Piasecki discusses what works, what works better, and the reasoning behind all of this. His many years of experience clearly shine through in this read.
Check out his website too, it has alot of useful information that compliments the book.
Inventory Accuracy in action.......2006-09-21
As a cost analyst for a mid-sized manufacturer, I found this book invaluable for setting up analyses of cycle counts, and it was THE guide for putting together a full physical count process when our parent company demanded it. It's a pleasure to read (yes, this, a book on managing inventory, is a PLEASURE to read!); Piasecki's take on what a physical count is REALLY like is priceless. He really has a complete grasp of what it means to have human beings managing inventory. See his chapter on what machines and humans each do best.
Takes a dfficult subject and make it easy to understand..........2005-10-05
Fantastic and essential resource for those wishing to understand and implement inventory accuracy and cycle counting in their business practices.
Amazon.com
This may be the best comprehensive guide for home buyers. Home Buying for Dummies is coauthored by Eric Tyson, author of several other books in the For Dummies series, and Ray Brown, a long-time real estate professional. Like other books in the series, this one is an easy and even entertaining read. But it does not gloss over details in pursuit of simplicity. Home Buying for Dummies covers all the bases, providing clear explanations and reasonable judgments on how to select a mortgage, hire a real estate agent, find the right house, and negotiate a good deal. The book goes further than most in providing helpful, specific information. For example, in discussing ways to save money for a future down payment, Home Buying for Dummies even includes the phone numbers for various mutual funds appropriate to different investment time frames. --Barry Mitzman
Book Description
Though fun and exciting, buying a home can also be complicated and confusing—and most people learn the hard way that a wrong move can cost dearly. In order to find the perfect home at the best price, you must have skill, foresight, and a little guidance from experienced professionals.
Home Buying for Dummies, Third Edition provides just that! Packed with invaluable advice in an objective, down-to-earth style that will have you sitting in your dream home in no time, this friendly guide contains everything you need to know to play the home buying game. It has the tools you need to:
- Improve your credit score and select a mortgage
- Choose a time and place to buy
- Determine the price you want to pay
- Assemble an all-star real estate team
- Make use of the wonderful world of the Internet
- Negotiate your best deal
- Inspect and protect your home
- Handle and become responsible for the title
- Cope with buyer’s remorse
Featured in this guide are tips and tricks on things you should do after you seal the deal, as well as things you ought to know about real estate investing. Also included is advice on how to sell your house, as well as a sample real estate purchase contract and a good inspection report. Don’t get chewed up by the real estate market—Home Buying for Dummies, Third Edition will lead you to the home you want!
Customer Reviews:
Obvious Find for Practical Advice.......2007-09-27
This text is an excellent primer for those of us who are novices in the terminology and techniques involved in what could possibly be the most important financial decisions of our lives. And aren't afraid to admit it.
Slow delivery.......2007-09-21
Still have not received this product as of today 9/21. Item was needed to give as gift for 9/22.
Informative and Useful Book..........2007-08-14
This book fully explains the process of deciding when and how to buy a home. I plan to purchase a home within the next three years, and feel that I will well-prepared.
Very helpful.......2007-08-06
We picked this up when we were going to buy our first home. It helped us to make the right decision and not feel stupid by asking questions.
Informative.......2007-07-13
I was hoping that by reading this book I would be able to buy a home on my own without a realtor, however, although truly informative, I doubt that it provided me with enough information to be that independent. Definitely a good book, but needs to be back up with other sources.
Book Description
Written in a simple and user-friendly style, this book covers all the basics of supply chain management and production and inventory control. It is the only book listed in the APICS-The Educational Society for Resource Management CPIM Exam Content Manual as the text reference for the Basics of Supply Chain Management (BSCM) CPIM certification examination. 15 separate chapters discuss an introduction to materials management, production planning system, master scheduling, material requirements planning, capacity management, production activity control, purchasing, forecasting, inventory fundamentals, order quantities, independent demand ordering systems, physical inventory and warehouse management, physical distribution, products and processes, just-in-time manufacturing, and total quality management. For business personnel whose job functions include materials management, and production and inventory control.
Customer Reviews:
Well worth the money........2006-05-21
I own the 4th edition. I had to make a comment after amazon recommended the 5th.
This is a great book. Originally, i was PO'ed at the price. Especially when you get it and its quite thin compared to many texts. I had to get it for APICS.
Once you start reading it you find it cuts through all waste. This is not a padded book. It explains concepts in a brief, direct manner. Most importantly it communicates clearly. Its like a well written executive summary of the field of materials management. There is enough detail for practitioners.
I have almost all texts in the recommended reading of APICS. This is probably my favorite. The utility you will get per unit of time reading this is huge.
Basic Supply Chain.......2006-03-14
This book has an easy written language and is very good for beginners in the Supply Chain Management Area.
Best book to understand manufacturing process.......2006-02-01
This is one of the best books I have come across which explains the basics of Manufacturing.
A good textbook.......2005-11-17
This book covers the basics of material management and goes into some quantitative detail as well. It is very well written and its lucid style is perfect for a beginner to get a grasp on the subject.
The author clearly and logically explains the concepts of production planning, master production schedule, MRP, Production and activity control, purchasing, inventory management, forcasting, demand planning and much more.
The book also has an abundance of examples and exercises for the student to work through. It makes a good read as a beginner's textbook - but it is probably not very useful as a practical guide for the experienced professional.
Introduction to Materials Management (5th Edition) by J.R. Tony Arnorld (hardcover).......2005-09-04
I was surprised that I got the book was kind of old and not a hardcover as I saw online.
Book Description
Amass more than $900,000 in properties in one year, without using any of your own money, or that of your investors.
Real estate investing can be an excellent way to build wealth. With its advantages of cash flow, appreciation, tax benefits, equity buildup and leveraging, real estate may be the only vehicle that can carry the average person to retirement wealth.
Real estate investor, attorney, and author Larry Loftis has developed a safe, easy, and lucrative way for new investors to get into the game, and for experienced ones to enhance their portfolios. In Investing in Duplexes, Triplexes and Quads: The Fastest and Safest Way to Real Estate Wealth, he draws on both his real estate investing experience and legal acumen to explore advantages you may not have considered about residential multifamily properties of two to four units.
Learn how to:
•Buy duplexes, triplexes and quads with no money down, AND get cash back at closing.
•Eliminate risk, and guarantee that your mortgage payments are always covered.
•Use ""cash-out"" from refinancing to purchase more properties.
•Decide whether to buy and hold or ""pyramid"" to a large apartment complex.
•Use inflation, tax laws, and rehab to build a massive retirement nest-egg.
Customer Reviews:
Decent investment book, but overly optimistic.......2007-08-18
The basic investing information in this book is solid, the problem is that the plan for gaining wealth is overly optimistic for many areas of the United States. Larry bases his wealth building plan on very fortunate appreciation that he experienced on his first investment property. Then as the plan is taught you refinance that first property after one year and use that money to buy another property. In Orlando, FL (where Larry bought his property) around that time the appreciation was 25%, but what about the least appreciating cities like the one where I live at 3%? Then the wealth building plan that Larry talks about goes out the window.
I thought the best part of the book was the info on closing, ideas that I have not reading anywhere else. Word of advice, skip over the property management chapter, the weakest chapter in the book where Larry advocates screening tenant by using your "gut". That is a recipe for disaster.
WOW!!!!!!!!!.......2007-08-16
Strongly recommend reading this book regardless of your level of expertise. I've learned, been motivated, and have a better insight of investing in income properties. Very simple to read and understand.
Great Book.......2007-08-08
The author is very knowledgeable, very honest with the subject because he actually practices what he preaches.
Definitely Worth Buying.......2007-08-06
I brought about 3 books on real estate investing. I, too, have a three apartment building and a small investment property. When I look back a few years ago, I wish I actually have read this book to evaluate the potential purchases. I did okay in the end, but having to know the concepts and the GRM (Gross Rent Multiples) was the simplest thing to understand and only consistent way for me to compare investments properties. Other books tell you to compare the recent comparable sales, the replacement cost, building cost, etc to come up with the right figures. Frankly, those 'tools' mentioned in other books were not as useful as the GRM method mentioned in this book. The author also explains how the GRM changes, depending on the neighborhood and the locations. So, having that knowledge, I am able to compare properties very quickly to weed out the ones that I do not want. Once I have narrowed down the list of potential properties, then I can use the other methods to do the detailed analysis. I feel better now that I can now compare apples to apples. The sections toward the end were skimpy, but the overall value of this book is great. I recommend to a novice investor, as well as someone like myself who has been in it for about 6 years and still have a lot to learn.
Basic Read.......2007-08-02
Great book for beginner investors who want the basics of multi-unit investing. There are a lot of strategies that can be learned from his experiences.
This book would go great with another book I read called Bubble Proof: Real Estate Strategies that Work in any Market by Tonja Demoff. She has such a great attitude and spin on real estate investing.
Book Description
This book brings together the strategic role of the supply chain, key strategic drivers of supply chain performance, and the underlying tools and techniques for supply chain analysis. Students are able to articulate the strategic importance of supply chain thinking and support their ideas with evidence that can be built using models.
Customer Reviews:
A Brilliant Analysis of Three "Key" Interrelationships.......2007-08-08
As Sunil Chopra and Peter Meindl explain in their Preface, the purpose of their book is to help those who read it to "develop an understanding of the following key areas and their interrelationships: the strategic role of a supply chain, the key strategic drivers of supply chain performance, and [the] analytical methodologies for supply chain analysis." I think their material will be of greatest interest and value to executives who are now centrally involved in management of larger organizations' supply chains. However, I think their book will also be of substantial benefit to others who are directly or indirectly involved as strategic allies in those supply chains, those who can also help to ensure effective management of them.
Chopra and Meindl carefully organize their material as follows:
Part I: Building a Strategic Framework to Analyze Supply Chains
Part II: Designing the Supply Chain Network
Part III: Planning Demand and Supply in a Supply Chain
Part IV: Planning and Managing Inventories in a Supply Chain
Part V: Designing and Planning Transportation Networks
Part VI: Managing Cross-Functional Drivers in a Supply Chain
I was especially interested in the final part because one of the greatest challenges when establishing and then sustaining an effective supply chain is to take into full account the need to get all participants in proper alignment, especially when cross-functional resources to achieve to achieve mutually-beneficial results. In Part VI, Chopra and Meindl respond to questions such as these:
1. What is the role of sourcing?
2. How to achieve design collaboration?
3. What are the most important "drivers" of pricing and revenue management?
4. What is IT's role?
5. What does effective risk management require?
6. What are the major barriers to effective coordination?
7. How to build strategic partnerships and trust between and among stakeholders?
Many readers (I among them) will also appreciate the provision of a "Summary of Learning Objectives" and "Discussion Questions" at the conclusion of each of the 17 chapters. Credit Chopra and Meindl with fully achieving their objectives when they set out to write this book: To help their readers to understand the strategic role of a supply chain, the key strategic drivers of supply chain performance, and the analytic methodologies for supply chain analysis.
Bravo!
Book Description
This bible of the piano marketplace is indispensable to buyers and owners of pianos, amateur and professional players alike. Hundreds of thousands of pianos are bought and sold each year, yet most people buy a piano with only the vaguest idea of what to look for as they make this major purchase. The Piano Book evaluates and compares every brand and style of piano sold in the United States. There is information on piano moving and storage, inspecting individual new and used pianos, the special market for Steinways, and sales gimmicks to watch out for. An annual supplement, sold separately, lists current prices for more than 2,500 new piano models.
Customer Reviews:
Required reading.......2007-03-31
If you're buying a piano, you have to read this thoroughly first. This applies to acoustic pianos, both vertical and grand, new and used. This book taught me how a piano works and how to tell what's wrong with it (in general). Didn't make me an expert, but I now feel qualified to buy a piano and not get ripped and get one that will suit my needs.
You also have to get the bi-annual(?) supplement that includes pricing.
Very good except for ratings which are useless.......2006-12-20
This is a very good book for people with little knowledge of pianos. The sections on construction, things to look out for, sales gimmicks and techniques etc. It is a very good source for most things related to pianos purchasing except his ratings. The historical information about the companies is interesting if not particularly helpful but the ratings which are based on biased opinions are essentially useless. It has created a tier system which basically just feeds people egos. the pricing secions are a little more helpful but not greatly.
I recommend using the informations sections and ignoring the rating sections.
BUYER BEWARE!.......2006-10-08
I agree that this book is a compendium of very valuable information, especially for the novice buyer. But despite a lifetime playing the piano and a career as a piano teacher, I made a terrible mistake following his recommendation. He raves about the Schimmel piano, a German-made instrument. I bought one about twelve years ago and have hated it ever since. The store owner even replaced it with another identical model, which was no better. The dampers don't work properly and the strings continue to vibrate after the key is released so it sounds as if you always have a half pedal in use. Both pianos did the same thing. I am now shopping for a replacement...without the book.
A Must Have.......2006-08-27
Unfortunately, I purchased a piano before reading this book. Fortunately, based on the information in this book, I made the right decision. I just happened to be lucky. But I wish I had bought the book earlier.
For the person wanting to buy a new or used piano, this book is a must have. Most people want to know what the best piano is for the money. Using the information in this book, you will be able to figure that out. And without this book, you could spend years spinning your wheels.
The bottom line is - quality costs money. Buy the best piano you can afford up front. Don't buy a spinet or mini-grand. Just by reading this book I found out they are a waste of money. I wouldn't have know that otherwise. Read this book. You will save yourself time, headaches, and money.
By the way, I bought a Yamaha U1.
THE book for Piano Consumers.......2006-03-18
If you are considering the purchase of an acoustic piano now or in the future, this book must be on your short reading list. Fine tells you about how a piano functions and what potential pitfalls to be aware of in the purchase of a new or used instrument.
Book Description
Praise for Gold Trading Boot Camp
"If speculate you must, read Weldon first."
—James Grant, Editor, Grant's Interest Rate Observer
"This book delivers on all of the essential elements of successful financial literature. Weldon provides a compelling context, walks through the metrics that affect the price action, and assimilates the decision-making process in kind. From soup to nuts, this is one of the most comprehensive tutorials I've read on the subject of commodities."
—Todd Harrison, founder and CEO, Minyanville Publishing and Multimedia, LLC
"The gold price is rising in today's turbulent financial times. Preparation and knowledge are essential to profit from higher prices, and this book provides everything you need to take advantage of the trading opportunities thatlie ahead."
—James Turk, founder, GoldMoney.com
"This book, with its insights into the current investment climate coincides with what many feel is a new bull market in gold. There is no 'one-size-fits-all' investment approach, but every investor who applies such preparation and rigor as Greg outlines will certainly have increased returns with fewer losses. It should be on every investor's bookshelf, handy for reference, and re-read every year. Greg puts paid to the notion of random walk!"
—Kim Evans, CEO, Global Building and Supply
Customer Reviews:
decent into, nothing new.......2007-06-07
Dissapointed that I did not undercover anything 'new' or earth shattering. It is a decent intro book but I did not learn anything special.
Very Well Written Even for the Novice or Advanced Investor.......2007-05-20
Gold Boot Camp is very well written and the author actually entertains you thorught w/ stories and analogies to make what is normally very boring material, very interesting. I'm ready to start trading I'm so inspired!!!!!!!!!!1
Traders bonanza.......2007-04-17
This is one of the most useful trading books I've seen in a long long time.
As a broker and former Risk Manager in the financial markets, I am usually somewhat suspicious of books by "traders" and/or "pundits". I usually find myself confronted by lots of self-serving drivel and advice that is not in any way applicable to typical traders. This book is a refreshing change from that.
Every new or newer trader should read this book. The excellent charts and analysis contained on them are worth the book's price all by themselves. What I found of particular interest, though, was his honest and refreshing approach to the oft-neglected subject of Risk. Every trader should read this portion of the book.
The book lays out in intricate detail the process a true professional trader must go through to successfully speculate. Fascinating stuff!
Fantastic book.......2007-04-04
I am a beginner in gold investing, and found this book an eye-opener in understanding the markets. I need everything in simple terms, and this book was incredibly informative.
Greg Weldon is an eloquent writer, and I felt that I came away with more confidence to invest in this market.
Good stuff.......2007-04-03
I highly recommend this book. Not only to Gold traders, but to anyone who follows the financial markets in general. As a subscriber to his thought-provoking newsletter, I believe Weldon has a style all his own that is reflected in this book. (Most of which in this industry make for good "night-time" reading!)
Weldon's book kept me engaged while also providing useful information and insights that can be applied to many different markets. He is very good at illustrating his points with charts and graphs (many of which are of his own creation) and has a unique way of correlating many different markets, indicators and statistics.
Very well written.
Book Description
Whether youre a first-time real estate investor or a seasoned professional, The Complete Guide to Buying and Selling Apartment Buildings helps you map out your future, find apartment buildings at a fair price, finance purchases, and manage your properties. Now revised and expanded, this Second Edition includes tax planning advice, case studies of real acquisitions, and appendixes that add detail to the big picture. Plus, it includes a handy glossary of all the terms investors need to know, helpful sample forms that make paperwork quick and easy, and updated real estate forecasts. With this comprehensive guide at hand youll find profits easy to come by.
Download Description
Whether you¿re a first-time real estate investor or a seasoned professional, The Complete Guide to Buying and Selling Apartment Buildings helps you map out your future, find apartment buildings at a fair price, finance purchases, and manage your properties. Now revised and expanded, this Second Edition includes tax planning advice, case studies of real acquisitions, and appendixes that add detail to the big picture. Plus, it includes a handy glossary of all the terms investors need to know, helpful sample forms that make paperwork quick and easy, and updated real estate forecasts. With this comprehensive guide at hand you¿ll find profits easy to come by.
Customer Reviews:
A Great Introductory Investment Real Estate Overview.......2007-05-16
I've read several realestate investment books and this is the most comprehensive. It covers all aspects of finding, negotiating, financing and managing apartment building investments. Additional reading and investigation will still be required; however this is a great place to begin.
Great Read, Extremely Valuable........2007-04-22
With all the hype out there in the real estate investing space, it's refreshing to read a book that is honest, intellectual, and driven by a solid foundation in financial analysis.
Steve Berges does an outstanding job of walking the reader through general concepts, straight-forward examples, and detailed case studies. The financial analysis might be a little overwhelming to someone who is being introduced to so many financial concepts for the first time. If you don't have an understanding of finance, I'd recommend hitting Google or a Finance textbook to help get through the financial sections.
Overall I really enjoyed this book and thought it was packed full of valuable tips and information. I highly recommend this book to anyone interested in adding apartment buildings to their real estate repertoire.
If you don't yet know how you want to invest............2007-04-11
...this is an excellent read. I had never given apartments a thought until reading Steve Berges. Now they are in the mix. The charts in Chapter 8 are a bit tedious, especially to a beginner, but by the time you get to the end of the book, you will know if buying and selling (or keeping) apartments is for you. Pay attention to what Berges says about the value play (Chapter4).
Well written guide.......2006-08-20
This book is a concise well written guide to the core issues of buying, owning and selling multifamily buildings. It was extremely valuable in evaluating our first purchase of a multi-family structure.
4.5 stars for another good book by Steve Berges.......2006-08-17
As a real estate investor and author myself, I read a lot of real estate books. Many, if not most, are written by folks who do not invest in real estate themselves; they only write about it. Berges is not one of them. He knows his stuff and it's clear that he practices what he preaches. I have read three of his books and, I must say, he's one of my favorite real estate authors. You can trust what he says. Experienced investors may want a bit more detail from Steve, but what he does say is accurate and safe. This is a good book on buying apartments. In fact, in my own book, "Investing in Duplexes, Triplexes & Quads," I list the best books I've read on different areas of real estate. This book is the ONLY book I recommend on investing in commercial multifamily (ie, apartments of 5 units and up) properties.
Having given those accolades, here are a few of my constructive criticisms:
1. On pages 37 and 38, Steve gives nice charts illustrating the long-term financial benefits of investing in multifamily properties. On page 39, however, there is an error in referring to the big numbers shown. The reference is made to Investor A's "equity" of $2.1 million and Investor B's (the multifamily property investor) equity of $92 million. I just don't think Steve caught this, but those numbers don't refer to the investor's equity, but to the fair market value of his collective assets (his properties). The investor's equity might be in the range of 20% of that. I do like the charts, however, and I used a similar analysis in my recent book. One other note on the charts - they presume selling and buying exactly at the end of one year - a difficult task as Steve would surely admit. On average, I think 18 months to two years is a better time frame for flipping apartments.
2. Refinancing - Steve didn't give a chart showing the long-range effect of the "buy, hold and refy" strategy (using proceeds to buy again, but retaining the first property). In addition, Steve only mentioned the general banking guideline that you can only pull out cash up to 80% of the new appraised value (i.e., the bank has an LTV of 80%). However, you can get around this. I've done it. It requires a second lender giving a second mortgage, with a CLTV (combined loan to value) of up to 90%. As such, you can pull out much more cash.
3. GRM - gross rent multiplier. In his financial analysis section, Steve doesn't give much detail or provide real life examples on this crucial analysis factor. Granted, the cap rate is the analysis primarily used for commercial real estate, while the GRM is the one used for residential multifamily (2-4 units) real estate. Since many owners and selling brokers will "fudge" on expenses, a cap rate can be very hard to verify. The GRM, however, is fairly simple - just look at the lease agreements.
4. Lack of coverage on residential multifamily apartments. In fact, this is why I wrote my book on this topic. If Steve had covered it here, I would not have written mine. I like Steve's writing style and he knows his stuff. But for investing in small multifamily properties (certainly on residential, but probably up to about 10 units), we really have to cover valuation and selection of properties using the GRM. That and I felt like the "buy, hold, and refy" strategy needed much more coverage.
But for investing in commercial multifamily properties, I recommend this book as the only good one on the market.
Larry Loftis
Author: Investing in Duplexes, Triplexes and Quads: The Fastest and Safest Way to Real Estate Wealth
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