Many books on investing try to pump you up, motivate you, but they don't tell you exactly how to make money. But this book, and all of Robert Allen's, tell you how to calculate each possible deal ahead of time as well as why so you can come out ahead; or on the other hand, what would cause you to lose money. That is, his books are specific rather than just vague wild dreams. And what could be more motivating than having the workable techniques in your hands! This is his very best book yet, in my opinion--the actual formulas, the numbers, that he uses himself. It is great. This is that most vtial thing, the arithmetic itself.

Although i find the book to be pretty outdated and based in seller financing, there are some other topics as taxes that were interesting for someone like me that does not know much about property taxes. There are other books out there that are a more worthwhile read than this one.

I bought Creating Wealth back in 1985, exactly 20 years ago. Initially I was looking for stock and other investing advice. After reading Creating Wealth, I added Nothing Down to my library and went to work investing.

The timing of this book was almost perfect as the democrats put into play new tax laws removing many of the tax benefits of real estate. This provided an incredible opportunity for savvy real estate investors who understand the real meaning of buying real estate, for growth and profit.

When you invest the Bob Allen way, you can make money in any economy. But thanks to the democrats, the real estate market turned into a selling spree in 1986 and those of us who read Robert Allen's material were ready, willing and able to make profits.

During this time one of Bob Allens predictions came true; the coming enormous profits in discounted mortgages. At this point, real estate (undeducated) wanted cash, not real estate mortgages. Those of us who had followed Bob Allen's methods took advantage of this while helping mortgage holders.

Since I was not a natural born entrepreneur, I found the chapter on how to devlop the millionaire mindset really worthwhile and the cornerstone for my future success.

Creating Wealth is divided into five sections, 20 chapters and over 300 pages packed with powerful information.

Interesting is that the paperback version of this book is now selling for over twice what I paid for my hardback version over 20 years ago! The advice in this book is timeless. Great read but even greater if you follow the advice. I also recommend Nothing Down for more real estate advice. If you are interested in diversyfing into business or internet, read Multiple Streams of Income and Multiple Streams of Internet Income. I also recommend Robert Allens newest book Cracking The Millionaire Code.

Great book Robert. Your book has succeeded your detractors and imitators.

This may be one of the most frightening investment books ever written. An early work of "nothing down" guru Robert G. Allen, the book offers "cookie cutters" for making a killing in real estate, as well as a handful of other tips for gaining wealth. The advice can be divided into three categories:

1. Obvious: "buy low, sell high."

2. Stupid: "buy high, sell low." (Hint: run the numbers on some of Allen's deals. Often his oh-so-clever leveraging doesn't beat inflation for returns... or the results depend on truly improbable amounts of luck, with sellers willing to take pennies on the dollar because they're just bored with ownership.)

3. Illegal: "inspect your properties at least once a month." In California, the landlord doesn't have the right to do a monthly walk-through. Don't even ask about some of his moves with over-mortgaging on properties you don't own in the first place. Just back away slowly.

Allen's tax liens from his investment adventures around the time he wrote this book can be verified with an online search of Utah County's property records. Personally, I don't call a $346,000 tax lien a sign of "success" and prefer not to take investment advice from someone whose credit is far worse than mine. But that's just me.