The Automatic Millionaire Homeowner

The Automatic Millionaire Homeowner

A Powerful Plan to Finish Rich in Real Estate

Book - 2008
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How does an ordinary person with an ordinary income reach their seven-figure dreams? First they must own their own home - and do it David Bach's way. The financial coach who has helped millions to finish rich is back with a simple, powerful solution to get rich in real estate. As David says, "Renters stay poor, homeowners get rich, and smart landlords laugh all the way to the bank!"

In his breakout 2004 bestseller, The Automatic Millionaire , David Bach showed why owning your own home is not only smart, it's the core secret to becoming a millionaire. In his new book, tailored for a Canadian readership, he shows exactly how to make that happen with a simple, automatic plan you can read in an hour and put into place today. Renters will learn how to buy a first home, even with lousy credit and tiny savings. And existing homeowners will find out how to turn the roof over their heads into a powerful investment that doubles, triples, and quadruples in price while you simply enjoy living in it. And while you don't have to be a landlord to finish rich, if you're willing to be, David teaches you how simple it really is to buy a rental property even while you're paying the mortgage on your home.

The Automatic Millionaire Homeowner is brilliantly simple, easy to read, highly motivational with a realistic, take-action method for achieving financial prosperity in real estate, starting now.

Bach offers time-tested tactics on all the essentials, including:

* Why you shouldn't wait: busting the myths of renting
* Finding a down payment right now using the Automatic Down Payment Solution(tm)
* Choosing the mortgage that is right for you - even with debt, even with imperfect credit
* The secret system for debt-free homeownership: why you must Make It Automatic!
* The Automatic Millionaire Right Place, Right Time, Right Price, Right Program(tm) for buying and selling
* Learn the Automatic Millionaire Mindset(tm) and collect "automatic cheques" while you sleep


From the Hardcover edition.
Publisher: [Toronto] : Doubleday Canada, 2008, c2006.
Edition: Canadian ed. --
ISBN: 9780385661751
0385661754
Characteristics: xii, 244 p. --

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TwinklyOne
May 02, 2013

This book gives you the best case scenario of what might happen if you buy property. This is not a realistic book. There are hundreds of thousands of people losing money in real-estate, but this is a one-sided approach to the real estate market. I think this author became a millionaire after writing this book because he is promoting all the industries that profit from people spending their life savings on a property. There are smarter ways to make money without taking as much risk. This book should not be used as 'research material' before you purchase a home. It's a fantasy novel, at best.

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smorganmacdonald
Feb 27, 2016

smorganmacdonald thinks this title is suitable for 17 years and over

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