Friday, May 8, 2009

How to Become A Property Millionaire


1. This book is basically a continuation from his previous book, "How to Become A Millionaire Landlord".

2. To me, a let down with this book is that few of the chapters are repeated from his previous book. Just that they are summarized. He argue the importance of the facts for him to repeat them again in this book. But for me, I pay for a book for new facts. Not facts that are repeated. When I said A FEW, I mean A FEW. Not 1 or 2 chapters.

3. The chapter regarding Real Estate Profit Gain Tax (RPGT) is beneficial if you are not 1 that's familiar with taxes. It helps individual who plan to invest in properties to see what are the tax advantages of owning a few properties.

4. Comparison between individual and company ownership is also a good in sight of the 2 types of ownership. He briefly described the advantages and disadvantages of the two.

5. If you are looking for info on technicality of handling and owning properties, his previous book is a better one. Info in this book are mostly common knowledge. Only a few are rare knowledge.

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