I read this book a couple of times just to make sure I had the fundamentals right. While Robert Allen has many great ideas and ways to buy real estate with no money down, I did find it a little misleading. The bottom line is that there are many fine ways explained in this book about how to transact a purchase without initially taking any money out of your own pocket.
In theory, this is great. However, most of us just starting out do not have the necessary connections to do what Mr. Allen proposes in his book. Nothing Down is still well worth the reading if you are serious about expanding your portfolio. I do believe that if each step is done as Robert has explained, then you will reap the rewards.
Jim Fargiano, author of The Spoken Words of Spirit: Lessons From The Other Side

Robert Allen's book Nothing Down for the 2000's is a key tool for any investor to have in their personal 'toolbox'. It is full of useful information, strategies and techniques to successfully invest in real estate using little or none of your own money. I have personally purchased over $20 million worth of real estate using "No Money Down" strategies, solid proof that this works! Check it out at www.MillionaireRiches.com

I can see why people are successful reading this book. Interestingly, he begins with the real issue in one's life - what do they really want to do with their lives?

There is really no middle-ground when it comes to Robert Allen. You either like his work or you think that his concepts are risky and/or far-feteched. I personally like Allen's approach to real estate from a novice standpoint. I have utilized many of his techniques to success. However, I do caution, once you get momentum, go to the next level and make money on the buy and continue to educate yourself on the right way to remain in real estate for the long-term. This will mean studying markets and having a long-term and short term strategy. This will mean that traditional closings have the place and creative real estate does not equate to illegal if done the right way with the right team - and can keep you out of trouble with your accountant. This will mean knowing the true cost of money (time value, strategy for each property, situation of the Seller, your situation and access to resources, etc.)

As time progresses, I suspect that many of these practices will be regulated and closely watched. However, don't blame Allen - there are many financing structures that get sellers into becoming motivated thus these techniques are executed. Play close attention to his guidance on commecial properties, cross-collaterization, dream-teaming, and subject-to/lease option structuring - these deals are made every day.

I never had a problem with Allen and as a matter of fact consider him important to the "master of your fate" outlook. He is now more or less an information guru because like so many before and after him - real estate is the impetus for improving your financial state to (a) start the million dollar business; (b) divesify and partner into different and larger properties, and (c) meet those who exercise advanced, long-term real estate strategies that lead to successful careers.

Oh -- let it be mentioned: Robert Allen is not "breeding competition." He is well-past these stages, but is willing to share on some of his novice techniques to get you started.

Good Read - Supplement it and Educate Yourself and you all will be well if the focus and desire is there. If not: Continue to blame Allen for trying to share pearls of wisdom at a modest cost.

There is really no middle-ground when it comes to Robert Allen. You either like his work or you think that his concepts are risky and/or far-feteched. I personally like Allen's approach to real estate from a novice standpoint. I have utilized many of his techniques to success. However, I do caution, once you get momentum, go to the next level and make money on the buy and continue to educate yourself on the right way to remain in real estate for the long-term. This will mean studying markets and having a long-term and short term strategy. This will mean that traditional closings have the place - and can keep you out of trouble with your accountant. This will mean knowing the true cost of money.

As time progresses, I suspect that many of these practices will be regulated and closely watched. However, don't blame Allen - there are many financing structures that get sellers into becoming motivated thus these techniques are executed. Play close attention to his guidance on commecial properties, cross-collaterization, dream-teaming, and subject-to/lease option structuring - these deals are made every day.

I never had a problem with Robert and as a matter of fact consider him important to the "master of your fate" outlook. He is know more or less an information guru because like so many before and after him - real estate is the impetus for improving your financial state to (a) start the million dollar business; (b) divesify and partner into different and larger properties, and (c) meet those who exercise advanced, long-term real estate strategies that lead to successful careers.

Oh -- let it be mentioned: Robert Allen is not "breeding competition." He is well-past these stages, but is willing to share on some of his novice techniques to get you started.

Good Read - Supplement it and Educate Yourself and you all will be well if the focus and desire is there. If not: Continue to blame Allen for trying to share pearls of wisdom at a modest cost.

This was an all around decent book for someone desiring to get started in the real estate business. It has 30 short chapters focusing on getting into the real estate business with no money. One of which is called tapping the equity in your home. Nothing really new there. The book contains some good concepts but a lot was just common sense. If you haven't bought real estate before and don't no much about financing then this will open up your eyes to some concepts that you may not have thought of before. There is a chapter on why you should own property. One on negotiations, one on using partners and another on overcoming roadblocks to your success. There is also a chapter on how to retire in 5 years. All in about 280 pages that will go by quick.

I think the most important thing that one could recieve from this book is that anyone can do it. It doesn't take a masters degree in economics to do this stuff. I think this book can give the reader a good basic understanding of how real estate and rental property works so they too can get involved. Just remember that positive cash flow is a must!

Some of it kinda sounds farfetched, but I guess if sellers are desperate enough it could work.

Robert G. Allen is a notorious and relentless internet spammer. If you should happen to somehow end up on one of his email lists like I did, he will send you several junk emails a day. Unsubscribing doesn't work, and trying to block the sender's domain is useless because the emails are sent from a different domain every time. The funny part is that the emails aren't even coded properly. They always show up as just a bunch of html code. Would you really take internet money-making advice from a guy who can't even code html properly? Anyway, his spamming practices are completely illegal and it's only a matter of time before the law catches up with him. But that shouldn't come as any surprise considering that mister Allen has been in trouble with the law before. He's had several run-ins with the IRS, lawsuits against him, and a chapter 7 bankruptcy. I would also stay away from his Nothing Down real estate methods. Many of those practices are illegal, and the president of the Nothing Down club in Atlanta wound up in federal prison because of it. For more info on Allen, visit johntreed dottcomm, click on Real Estate Investing, then click Real Estate Guru Ratings. Bottom line, don't trust this guy and don't buy his books. And if you're reading this Mr. Allen, take me off your @%#&*$ mailing list!!!

I was actually very impressed by the material in the book and would have undoubtly given it 5 stars. BUT something very fishy made me change my mind. I applied to enroll into the Robert Allen Instiitute mentorship program for real estate investment (details are online). I got a call from the Program and a sales person like sounding gentleman, who threw around his weight and suggested multiple times that it would be an honor for me to be chosen for the mentorship program spoke to me for an hour...And then he and his supervisor suggested that if I trusted Robert Allen, I should give him my credit card number for a charge of 6000-10000$!!!!. 'It takes money to make money' he said. When I told him that he will need to tell me how many perople are actually in the program and how many actually make money, he was caught offguard...at the end of the conversation he was frankly rude and said 'Well, think about it, all you have done in your life so far is made 80000$ a year'...I mean how unclassy can you get!!...well thank you Mr Allen and your sales-people...I sure can tell how you have made your money.

A great book from a brilliant and very nice man (I've met him personally -- see my pic with him in the IMAGES above) -- also recommended is his AUDIO CD set "Multiple Streams of Income".

I found this book by Robert G. Allen very enlightening. It does go against the common dogma of real estate logic. But how often is common dogma correct?

Robert Allen offers strategies on how to buy real estate with little or none of your own money. This doesn't mean that the seller doesn't get any money. It only means that it isn't your money.

The concepts in Nothing Down helped us buy our first home, Nothing Down and we are now buying rental properties, Nothing Down as well preparing for retirement.

What is really exciting about Robert Allen's methods is that they work in any economy. It doesn't matter if the real estate market is going UP or DOWN. Recession, inflation, stagflation or booming economy. You can always make money in real estate with Robert Allens methods.

Yes, yes, there are some good concepts in this book, but overall it is very fluffy and most of the ideas are VERY poorly explained. The charts are pure rubbish and only work to confuse the reader. Also, most of the ideas will rarely ever work, which means you have to work and work at it over and over to get someone who will agree to your terms.

Essentially, the book contains alot of great pipedream ideas that may work someday for someone with enough effort.

Don't waste your time with this book if you know anything about real estate. You may want to buy it if you are a beginner.

I have to chuckle when I read reviews like the one that says; "They are no shortcuts." Obviously this person must have read Jane Bryant Quinn's book or taken her advice, back when she used to have a medium and an audience who listened to her and no doubt bought a fixer-upper using JBQ's advice and lost their assets.

There are shortcuts and they are in this book. That one star reviewer who said "they are no shortcuts" should try reading the book before reviewing it and no doubt you will find those shortcuts.

But perhaps by following Quinn's advice you can no longer even afford the price of this book.

Too bad. Your loss!

If you are brand new to real estate investing, then I highly recommend Robert Allen's classic Nothing Down, now revised in a new edition. However, if you have read some of the other no money down R.E. books or other R.E. books on the market, you can probably skip this one.

Robert Allen's Nothing Down techniques have not changed that much since the first edition came out in 1980. The nothing down strategies are about the same that have been pushed by everybody from Dave Deldotto, Wade Cook, Charles Givens, Charleton Sheets, Al Lowry, Russ Whitney and so on.

An important point: Robert Allen was the first!

Allen was the first. Do they work? Absolutely! I bought several rental properties using Nothing Down techniques. So if you are brand new to R.E. Investing, read and use Allens techniques.

And please disregard the ngative reviews. Allen like other successful businessmen and in demand, best selling authors, gets bashed usually by the jealous and the broke who have nothing more to do with their time. By the way, I'm in network marketing so you can say I am used to the the bullcrap, misconceptions, bashing and outright lies about anything that works and anybody that is successful.

Interesting how people will applaud with someone wins the lottery but look with ambivelence upon anyone with self earned wealth.

Disregard the 1 star reviewers. To use a quote that Robert Allen frequently uses; "they just don't know any better."

Nothing Down is a good book, but you will need more. I highly recommend the Rich Dad advisors books by Dolf de Roos and Ken McElroy.

I'm not really sure what some reviewers, the 1 star reviewers are most upset about; 1) That despite bordline slanderous and phoney stories about Robert Allen, he is still alive and well and kicking butt, 2) That Robert Allen continues to be the #1 name and real estate/wealth building guru, 3) That despite websites that are the national inquirer of wealth building gurus and only appeal to the wealth without work and read the cheap tabloid groups, Robert Allen continues to enjoy tremendous popularity. This book became a best seller again now in it's 4th edition! I can hardly wait for Nothing Down 2010. I only wonder if these bashers will still be around or out of jail by then!

Or perhaps it bothers some of these bashers that people have the entrepenurial spirit are also anti John Kerry and read books like Unfit For Command. As another reviewer noted, both books came out at around the same time. Unfir For Command would have come out sooner except for the attempted block by the Kerry people.

Kerry supporters can hardly be called entrepreneurs. Look at all of the nonsense that went on prior to and up to and including election day 2004.

I don't know what political party Robert Allen belongs to. I can only assume that because he is trying to empower people, teaches win-win and integrity and is an entrepreneur that Allen must be a republican. Nuff said.

Nothing Down for the 2000's is an updated version of the original. You will find some new information in this book and if as one basher says this information is already available in other books, that is only because so many people have plagerized Robert Allen. But hey, who had the material first? Case closed!

I can't recommend Robert Allen's new book Nothing Down for the 2000's highly enough. If you want strategies that really work, not just regurgitated partial information from wannabe authors who never closed their first deal, read and apply Robert Allens proven strategies.

And if you want the truth on Sen. Flip-Flop, read Unfit For Command. It should be coming out in paperback real soon. If you want tor ead trash, then go to that phoney website. Perhaps you will be the 60th person to hit that website since 1999! Not much traffic goes through there and for a very good reason. Successful people and those who want to be don't waste their time with that nonsense.

Thank you Robert. Looking forward to Nothing Down 2010. I doubt if your bashers will survive that long though.

Because the ideas and strategies really work! Robert Allen gives more concrete information, real meat if you will in one chapter than these other so called financial authors do in an entire book.

I used the ideas from Robert Allen to buy my first home, nothing down 5 years ago and the value of my home has escalated BUT...the return on my investment on a nothing down deal is infinite!

Hey...if you don't like Robert Allen, you can always read Jane Bryant Quinn and lose money with her advice. I was talking to a guy the other day in a book store who said he lost over 75% of his 401 (k) money following Quinn's "safe" advice.

OR...you can read those tabloid websites which are around only to attract the naive and also are out to sell you their generic junk most of which is plagerized Robert Allen ideas.

Disciples of Allen aren't going to like what I have to say and if they have an MLM mindset they'll want to call me a "dream stealer"; so be it. First off I strongly recommend the guru ratings page on Jack Reed's website. He is the real deal, a true investor and not some seminar hustler. Secondly anyone wanting to get rich won't be able to do it quick or easy especially if they are poorly educated and unskilled. A degree really does matter. Think about it. Trying to go from $7/hr to millionaire status is a bit delusional but Allen and some others will happily take the money of the unhappy and the desperate. This book is like all his others. Save your money.

Robert Allen is not a real estate "expert", or a real estate practitioner, for that matter. He's a fair motivational speaker, but a phenomenal marketer (of his image, books, tapes, bootcamps, etc.). He's a decent writer and his knowledge of real estate is acceptable, but he underplays risk and difficulty. He even admits now that he makes his money off "education", not off of real estate. He also now admits to his bankruptcy a few years back. "Creating Wealth" was probably his best book. For more on Allen, check out the "guru ratings" at John T. Reed's website: www.johntreed.com.

Another get-rich-quick author selling get-rich-quick books to the get-rich-quick minded. He churns these things out on a regular basis. On top of that, he's a PRODIGIOUS SPAMMER. I've received numerous long-winded junk emails touting his books. Run away!