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Here’s how we made it big in real estate, sort of

New book speaks to speculators but leaves out best parts
Published on Sep 11, 2007

If you enjoy speculating in real estate, you will like "Making Hard Cash in a Soft Real Estate Market" by Wendy Patton and Justin Ryan. The reason this is a book for speculators is the authors suggest real estate buyers should purchase in "emerging markets" rather than in their hometowns, as most realty investors do. The authors explain how to find the next high-growth emerging markets for real estate. Their theory of market timing sounds good. But the implementation leaves much to be desired because they fail to give actual examples of how they applied their theories and earned big profits. Purchase Bob Bruss reports online. Instead, Patton and Ryan write in their confusing book about the increasing real estate demand from baby boomers, echo boomers and immigrants. The book is filled with interesting facts about these three primary sources of home buyers, but there is little specific detail about how to use this information for investment profits. In the early parts o...

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