I love the book; loads of motivational information. I cannot fathom that his numbers are accurate in terms of homes appreciating in value at the rates he uses as examples in the time frames he suggests. I live in Tennessee and I know of no one who attained these types of equities. The principles though of homeownership are great advice. The way he describes to build your real estate portfolio is in line with other books I have read, but his numbers seem inflated. As I continue to study investing I will continue to read his books. I also want to point out this book was written prior to 2008, so we have had a downturn in the market, but he predicts in this book that the market was cooling "as of this writing in 2005" so he definitely knows the game. He does not get very techical with how-to's in this book. He basically refers you to a realtor and to do your own homework by going to open houses. Definitely worth the read in my mind but this book is one piece of a much bigger puzzle

Very simple and easy to understand. Covers the basics of owning your first home and how to build equity over time.

Examples were extremely repetitive and I flipped over a lot of pages as they were already covered in previous chapters, though in a different manner.

One might think that a book about making millions in the real estate market that was written in 2005 would be hopelessly irrelevant today. However, that is decidedly not true about The Millionaire Homeowner. David Bach turns out to have been remarkably prescient about the housing and lending crash of these past few years. In fact, in this book, he describes the causes and effects of the crash in detail, before they happen, and advises against each of them.[return][return]I'd highly recommend this book to anyone for several reasons. First, it is short and an easy read. Second, it is an excellent primer for basic real estate and finance terms and concepts. Lastly, I firmly believe in his path to wealth and that he has grasped a measured, sober way to build wealth and value that is pretty approachable. He has lots of gems like "It isn't timing the market, it is time *in* the market." [return][return]If you are renting, or if you own your own home, you should read this so that you can better understand your next step. This book is great even for those who think that buying their own home would be impossible. And shockingly, it is probably even good for those who have been bit by the downturn and need to know what went wrong, or what to do differently next time.

A Solid Plan, But Could Be a Little Risky

This was an older book, written before the 2008 home mortgage crisis. The strategies that David Bach are sound, but without a substantial cushion could be dangerous for those that over-leverage themselves. I would recommend this book, but I would also suggest reading more contemporary treatments of the topic.

Incredibly well written, easily digestible and full of insightful ways of thinking—this book is by far the best source of knowledge for the “soon-to-be” homeowner and/or landlord/real estate investor.

I started reading this book to get an edge and a first step into my real estate investing journey. After completing it, not only do I feel monumentally more prepared but much more excited as well.

This book has given me the confidence to go after it as a young investor and has been a great read and successfully been the fasted book I’ve ever finished! I simply couldn’t put it down!

Good book but a bit dated with its info & advice.

This book contains some good advice for buying a home and is also a convincing arguement as to why homeowning is a good long term investment. It will also make you think twice about selling your house versus holding onto it as a rental property.

I remember reading this book when it was new, around 2006 or so, and the advice not to buy condominiums as investment properties has stuck with me ever since. This book says condos have too many rules and regulations which will drive you nuts and waste your time, such as demanding doors and shutters be repainted a certain color by a certain date etc.

9/10, straightforward advice, easy to read, anyone can do the process the book teaches. Author is credible and seems like he cares more about real life than he does money.

Wow. This book was written at the height of the housing bubble. As such, many of its assertions are downright laughable. For example, the author claims anyone can (and should) get a home loan, even if you have bad credit and no money for a down payment.

Also, the author reasons that the average income of homeowners is greater than that of renters; therefore, if you want a higher income, buy a home. Are you kidding me!?! Correlation is not causation.

Certainly there were a few good principles in this book (which are outlined in it's parent the Automatic Millionaire), but many of the assertions and assumptions were so ridiculous, I must recommend not reading this book. Disclosure: I must admit I did not completely finish the book; it was just too painful.

#cheesyselfhelpbook
This book was written at the height of the real estate market and has some questionable and bad 'advice' in it. Several times in every chapter the author wants you to go to his website for 'more information'

Dated but some decent ideas