Building Wealth One House at a Time: Updated and Expanded, Second Edition

By: John Schaub

Narrated by: Scott R. Pollak

Length: 8 hrs and 2 mins

Publisher's Summary

Make your first million and earn a steady income with this updated, essential audio guide to real estate investing.

The collapse in real estate prices from 2007 through 2012 was the most significant event in the real estate industry since the Great Depression. But today, with the real estate market rebounding, a new generation of investors is entering the field, eager to make their fortune.

Building Wealth One House at a Time, Second Edition provides you with a practical way to create wealth through an ethical approach of buying, financing, and managing property. Renowned real estate expert John W. Schaub takes you through his nine-step program and explains how to accumulate one million dollars’ worth of houses debt free in any market, while earning a steady cash flow.

This invaluable audio guide presents fresh strategies for buying and financing property, reflected in six new chapters on topics such as real estate cycles, financing real estate purchases, negotiation techniques, and retirement investing.

You’ll learn how to:

• Finance real estate purchases without going to a bank.
• Recognize and capitalize on real estate cycles.
• Improve your negotiation skills in any situation.
• Avoid common and costly mistakes.
• Create cash flow that lasts forever, and much more...

Building Wealth One House at a Time, Second Edition reveals how virtually anyone can accumulate houses debt free and earn an income for life.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2016 John W. Schaub (P)2019 Echo Point Books & Media, LLC

Out of date & relies on misleading information

I unfortunately was taken in by the excellent job the narrator does on presentation. I should have checked more carefully before I wasted one credit on this book. I did not realize the author was a "buy with nothing down" advocate. Anyone who still thinks they can really buy real estate for nothing down is either a dreamer or a scam artist. More sadly still, the author assumes an average 5% value increase in real estate every year. Anyone with even minimal knowledge of the current decade's real estate market knows that a 5% per year increase in real estate value is Pie in the Sky thinking. Numerous studies show that the actual average real estate increase over the past 100 years or so is 2% or less. Avoid this author. His information is flawed, and his advice is sketchy.

Will be A Reference Book

I am a new investor. The book has helped me become more knowlegeable in REI. It will remain in my reference library. I've listened to the book twice and often refer back to specific chapters.

Awesome Real Estate Book!!!

Great reference on buy and hold at a much moderate, less aggressive pace. plenty of "nuggets" taken away from this audio!!

What a great book 👏

This is a book anyone interested in real estate investment (either you are thinking to start, beginners or pro ) needs to read!!
I will get a hard copy as well to check out the diagram & charts!!
I would highly recommended

Great value for anyone in real estate.

Unlike most of the books on real estate written and published by grandiose, copycat charlatans, this book has true practical value and is founded on solid real life experience.

Even after being actively involved in US residential real estate since 2004 by flipping and renting properties (prior to that in European real estate as well) and having my managing broker real estate licences in Colorado, I learned a lot from Mr. John Schaub.

Bravo - highly recommended material.

Old School

Very old school advice, despite the update and revision. The author’s primary method for finding leads is door knocking. He advocates securing hard money loans from private investors. He goes on and on with advice on how to draw up a contract with the homeowner. Who writes their own contract when transferring a deed?

Must read, packed full of great information

I have listened to many audiobooks on investing in Real Estate / single family homes and this one is perhaps the best one. It is more dense than say each Rich Dad Poor Dad series (collectively they offer a lot too). I want to thank the author for putting this book together and guiding all those that want to learn on the subject.

MUST read

This is the best, the most thorough, the most understandable, the most ethical, and the most inspiring book I have read on real estate investing yet. I heartily recommend it to anyone who is serious about getting into real estate investing.

Many convoluted ideas on real estate.

I was disappointed in several chapters regarding the missing element of virtue in real estate transactions. I felt almost "slimy" after reading this.

A Real World Look at Real Estate Investing

John Schaub has been investing in real estate since the 70’s.
In a world of get rich quick gurus John is the real deal. This book is a condensed version of John’s live seminars and courses dealing with all aspects of single family real estate investment.
I have been a student of John’s for over 30 years as well as the President of one of the largest and oldest real estate investor associations in the nation.
John’s materials and seminars are where I point all our new members, as well as anyone considering taking the plunge, to learn the proper way to evaluate, purchase and manage residential property.
I highly recommend this book!