Post details: Book Review: UK Property Success

29 April 2007

Permalink 08:48:48 am, Categories: Book Reviews  

Book Review: UK Property Success

I've just finished reading a fantastic e-book about investing in UK property. I've always been a bit wary of investing in real estate for two main reasons; firstly, I thought it required a lot of cash for a deposit and secondly, if it went pear-shaped there's an awful lot of equity on the line. After reading this book, I feel a lot more comfortable about the risks.

Carlton Johnson's UK Property Success is a detailed textbook that teaches budding property developers/traders/investors about this complicated market.

It is very comprehensive, describing just about everything a beginner would need to know about investing in real estate from spotting potential properties and researching the market to financing purchases and the legal requirements of landlords.

A whole chapter is devoted to finding properties that are below market value (BMV). including leafleting and auction techniques. Similarly another chapter is devoted to financing property purchases (sometimes using none of your own money). Even credit cards are discussed as a short-term finance option.

Also included is a chapter about emulating successful people - basically it's more about success in general than specifically about the property industry - and a detailed bonus chapter about Lease Options (a contractual agreement between a landlord and tenant that means the tenant can buy the property they live in at a set price at a specified future date).

Putting your own professional team together of a solicitor, leasing agent, tradesmen etc. is also discussed in detail.

The book is easy to read - I read all 130 pages in a shade over 2 hours - and every paragraph has relevant information about the subject matter. There's no waffling and very little repetition. In fact the points that are repeated are essential foundations to the reader's understanding of property investment.

I felt that the principles Carlton Johnson teaches are all ethical and that he despises unethical behaviour.

I really enjoyed reading this book and felt as though I learned an awful lot about investing in property. The author's methods of buying property with no money down were of particular interest to me and I am now convinced that the risks associated with property investment are not as high as I previously thought (as long as I get my sums right). Buying real estate is now something that I am very seriously considering as an investment vehicle.

UK Property Success costs $35 USD (around £18) and could easily be worth 100 times it's price by helping the reader earn more from their property investments or preventing the reader from falling into the many pitfalls that are rife in this investment strategy. It gets a thumbs-up from me.

Click here to get your copy of UK Property Success.

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