The Automatic Millionaire Homeowner: A Powerful Plan to Finish Rich in Real Estate » (Unabridged)

David Bach is the author of six consecutive national bestsellers, including the #1 New York Times bestsellers Start Late, Finish Rich and The Automatic Millionaire, as well as Smart Women Finish Rich, Smart Couples Finish Rich, The Finish Rich Workbook and The Automatic Millionaire Workbook. His Books have been translated into fifteen languages and have four million copies in print worldwide. David Bach has appeared twice on The Oprah Winfrey Show to share his strategies for living and finishing rich. His FinishRich® seminars have been taught in more than 2,000 cities throughout North America by thousands of financial advisors and have reached more than half a million people. To read excerpts of any of David Bach’s books, please visit his website at www.finishrich.com.

How does an ordinary person with an ordinary income reach their seven-figure dreams? First they must own their own home and do it David Bach s way. The financial coach who has helped millions to finish rich is back with a simple, powerful solution to get rich in real estate. As David says, "Renters stay poor, homeowners get rich, and smart landlords laugh all the way to the bank!"

In his breakout 2004 bestseller, The Automatic Millionaire, David Bach showed why owning your own home is not only smart, it s the core secret to becoming a millionaire. In his new book, tailored for a Canadian readership, he shows exactly how to make that happen with a simple, automatic plan you can read in an hour and put into place today. Renters will learn how to buy a first home, even with lousy credit and tiny savings. And existing homeowners will find out how to turn the roof over their heads into a powerful investment that doubles, triples, and quadruples in price while you simply...

Publishers Weekly

This follow-up to Bach's bestseller, The Automatic Millionaire, guides listeners step-by-step through the transformation from renter to homeowner to landlord. Bach's typical can-do attitude shines through, whether the book is outlining the pros and cons of various types of mortgages or sharing the story of one couple who used home equity as a gateway to financial independence and comfort in retirement. Unfortunately, the audio abridgment has a few glitches, including a misstep in the fifth chapter, which prematurely congratulates listeners on understanding what their credit report is, before knowing how to make sure it's accurate. This topic is not addressed until the following chapter ("Your Credit Score: The Holy Grail of Mortgage Lending"), so listeners may understandably be confused. Also, although actor Oliver Wyman has a beautiful voice, the slick Casey Kasem-style delivery feels wrong for a book that rightly keeps insisting that it is not a get-rich-quick scheme. Bach's solid and time-tested financial advice deserves better than this infomercialesque treatment, which seems more about style than the commonsense approach that is Bach's personal signature. Simultaneous release with the Little, Brown hardcover (Reviews, Jan. 23). (Apr.) Copyright 2006 Reed Business Information.

Introduction

Chapter One
Meeting the Automatic Millionaire

Chapter Two
The Latte Factor: Becoming an Automatic Millionaire on Just a Few Dollars a Day

Chapter Three
Learn to Pay Yourself First

Chapter Four
Now Make It Automatic

Chapter Five
Automate for a Rainy Day

Chapter Six
Automatic Debt-Free Home Ownership

Chapter Seven
The Automatic Debt-Free Lifestyle

Chapter Eight
Make a Difference with Automatic Tithing

A Final Word: Your Journey Begins Today!

Acknowledgments

Index