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A future where everyone wears electric roller skates, has a number instead of a last name and cities have moving side walks... One of theose travelogues of the future extrapolated by a writer from the very beginings of the pulp era. The gadgetry seems almost Victorian, the philosophy seems dated, yet somehow you'll never forget this book.
I read this book in the early 60's and it was already very quaint and dated even back then. But somehow I've never forgotten it and parts of this book come to mind even now almost 40 years later. If you've ever seen the 1930 film "Just Imagine," then this is the literary equivalant.
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The book is divided into four sections: Raising Money; Acquiring Property; Landlording; and Divesting Property.
I found the last three sections to be very well done for those who know something about investment real estate. This advice was clear, to the point, and detailed.
The first section can get you into trouble. It basically encourages you to go raise money from family, friends, and professional investors . . . even if you have no experience. Well, if you flop with what you do, you will probably not get the chance to do this a second time with the same people. Also, there are lots of laws about how you can solicit such investments, which the book doesn't really go into.
I suggest that you instead find someone who is already doing real estate investing, and find out how you can work with that person to get some experience. If you don't know anyone, go to the large real estate agencies in your area and ask them for suggestions about who the local real estate investors are. Then, see if you can arrange an introduction. There's always a need to have people do research, track down information, and work on deals. You can learn a lot by taking on these roles, which you will soon have to be doing for yourself.
One thing I agreed with in the Raising Money section is that you will probably need at least $50,000 to have a reasonable chance as a real estate investor. By working with existing investors and establishing a relationship with them, acquiring that sum should be much easier to do. Also, you will benefit by having a partner or partners who can help you think through the logic of the deals you would like to invest in.
Remember, we all learn more from our mistakes than from our victories. Be sure you've got the funds, develop the experience, and keep a strong stomach to get you through the necessary mistakes that will make you a superb real estate investor!
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NOT a how-to book, but nice.
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Roger and his friends are plagued by memories of the atrocities that occurred. They recount stories of concentration camps, tortures and close calls. The refugees must also deal with friends and family who they had to leave behind. They also struggle to find work and must deal with the rapid changes their lives have undergone. The story also has a love affair between a refugee model Natasha and Roger. Remarque fans will find that Ravic, from "Arch of Triumph", is in the book, although his part is minor and is never officially acknowledged as belonging to the previous book (although the similarities exist).
I wasn't that happy with the book. Aside from the refugee's attempts at becoming Americans and their memories, there was very little tension in the book. Natasha's and Roger's love affair was dubious at best and they seemed to be an odd combination. However, Remarque's brilliant and insightful dialogue saved the book.
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