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My intro to Robert Allen was actually through his book Creating Wealth over 20 years ago! After reading Creating Wealth I added this book and went to work investing in R.E. the Robert Allen way. And just in time too. In 1986 the democrats pushed congress to pass new policies in the tax code taking away the huge tax deductions that the ultra rich were enjoying in R.E. This created an incredible selling market for the uninformed and an incredible buying opportunity for Bob Allen students who understood Real Estate.
What Bob Allen predicted in Creating Wealth about the "Upcoming Enormous Profit in Discounted Mortgages" also became fact and many of us enjoyed incredible 20%-50% or higher returns (and still are today) with this fantastic strategy.
I have since replaced my original dog eared copy of Nothing Down with Nothing Down for the 90's.
Bob Allen, great book. Thank you!
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TERMS
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