Excellent book. Very detailed. Absolutely convincded me that I wanted nothing to with this business. The author demonstrates that it is difficult and tricky business,potentially very lucrative, but not a get rich quick scheme. Since I would like to get rich without this much work, I'll pass on this method. And I truly thank this book for steering me right. I take off one star only for the author's occasional right wing rants. But I guess he's entitled. He worked very hard to get rich, and he shares his secrets openly in an inexpensive book, rather than trying to hoodwink you out of thousands by means of an infomercial. If he's got a few screwball political ideas, God bless him.

This is an excellent book by Thomas as he thoroughly takes you through the process of purchasing an investment property. He provides a wealth of resources on nearly every aspect of investing by listing websites and addresses.

His forms are great for providing you with an idea for approaching home owners. However, the tone of the letters are some what dismissive--but that's just my opinion.

The only area that needs enhancing is providing one with an idea as to estimate value in the property. He does not provide as much detail as others (i.e., Steve Berges "The Complete Guide to Real Estate Finance for Investment Properties"). With that said, it is an excellent resource and I highly recommend it.

The author claims that he is "[u]nlike 99 percent of all real estate authors in America . . .", because you can contact him directly via his personal business line and e-mail address. Neither is true!! The phone number,(813) 237-6267, listed in the book is no longer in service, and he does not answer e-mails(tjlucier@thomaslucier.com). Very tacky and unprofessional!!! Also, the the author will direct you to websites that do not provide the information he claims can be found there. It makes me wonder how reliable and credible the rest of the information in this book is.

The information included in this book has made my job much easier and has expanded my knowledge base and expertise. The organization I have derived from it is most valuable.

I spent a weekend reading the book. Loved it. The author knows what he is talking about. He also has a good website where you can download the proper letter you should send out to people in distress.

I own a foreclosure company and have adapted some of his techniques, nevertheless (not to take away any merit from the authorm but instead to enhance the next version of his book) our company principals felt like the letters were a little bit to hard on the person that is loosing their homes. And sometimes talking this hard to people could have negative consequences. We have to understand that these are individuals that when loosing their homes, can go into denial and sometimes enter into very heavy depression.

If you do decide to get into this process of sending out letters the only thing you should try and add to them, is to let the people know that you are there because you really care to help them out and you are not there to make a quick buck! People will give you their homes if you are upfront, honest and ethic about what you are trying to do.

Don't forget to add a little note written by hand thats tells the reader that you: "really care to help them!"

Other than that, you should buy the book if you are into the business of Real Estate.

Very informative kit. Many people hear the word foreclosure or pre-foreclosure and automatically think, bargain or a steal or buying a home for dirt cheap; but there's a lot more to it than that and this book gives you a very good insight of how the process works. Buying distressed Real Estate can be time consuming, costly and a real challenge, as you will find out after reading this book.

This is the fourth book on foreclosures that I have read in the last two weeks and it is by far the best. copywrite is 2005. The author says less than 10% of the people reading this book will ever buy a foreclosure property. He also says, "The number one reason most beginners strike out in this business is they overestimate the current market value of the very first pre-foreclosure property they purchase". "Market value" is not the same as "current value". "Assessed value" is not the same as "appraised value". The author explains things in detail. He also gives you many, many sources online where you can gather much needed information to make quality business decisions. The many online sources alone justify the purchase of this book, but it is the author's honest handling of all phases of the foreclosure process that should make this your first foreclosure book. If you are currently in foreclosure buy this book and help yourself negotiate. If you are thinking of buying a foreclosure buy this book and learn why not to "purchase at auction on the courthouse steps" and why you should always pay a professional to do a through title search. One more thing. Some properties are not insurable. This book can easily save you thousands of dollars.

Highly recommend. Too many of these RE investment books are full of air. This one, however, is timely and substantive without being too wordy. Very easy to peruse and use!

After having read this book I am of the opinion that Thomas J. Lucier has written the definitive "must buy" book on pre-foreclosure investing. This book is comprehensive in scope -- he lays it all out for the reader, walking you through the pre-foreclosure investing process from A to Z. You will learn about state foreclosure laws, how to deal with lenders, the psychology of dealing with property owners who are in the midst of foreclosure, how to use foreclosure notices to locate local properties, using direct mail and inexpensive classified ads to contact prospective sellers -- it's all here.

I found the writing style to be clear and concise, and unlike so many other authors who use their books as nothing more than marketing vehicles to promote their other programs, Lucier actually teaches you what you'll need to know to make a success of it as a pre-foreclosure investor. A nice bonus is that Lucier includes a list of Internet resources for you to continue your research online.

Also, the last seventeen pages of the book are devoted to, "How to Package, Market, and Resell Pre-Foreclosures for Maximum Profit." While excellent information to include, this chapter only gives you a "taste" of what you'll need to know after you have used Lucier's excellent techniques to acquire a property. You'll need to pick up another book in order to fully learn this phase of the investing process and I have a recommendation.

In the spirit of full disclosure, I should say that I am an attorney, real estate broker, investor, trainer, and author of another unique and highly readable book on real estate investing that can also be found here on Amazon -- The WealthLoop Series Beginner's Guide to Building Wealth Buying Houses: The Foolproof Roadmap to Real Estate Riches Without the Risks and Hassles of Landlording. The book also includes sample leases, forms, and checklists, so that you can actually go out and implement the investing strategy it teaches as soon as you're done reading.

Perhaps one of the reasons I like Lucier's book so much is the fact that he has written his book exactly as I'd have written it myself had he not already beaten me to the punch!

After having read this book I am of the opinion that Thomas J. Lucier has written the definitive "must buy" book on pre-foreclosure investing. This book is comprehensive in scope -- he lays it all out for the reader, walking you through the pre-foreclosure investing process from A to Z. You will learn about state foreclosure laws, how to deal with lenders, the psychology of dealing with property owners who are in the midst of foreclosure, how to use foreclosure notices to locate local properties, using direct mail and inexpensive classified ads to contact prospective sellers -- it's all here.

I found the writing style to be clear and concise, and unlike so many other authors who use their books as nothing more than marketing vehicles to promote their other programs, Lucier actually teaches you what you'll need to know to make a success of it as a pre-foreclosure investor. A nice bonus is that Lucier includes a list of Internet resources for you to continue your research online.

Also, the last seventeen pages of the book are devoted to, "How to Package, Market, and Resell Pre-Foreclosures for Maximum Profit." While excellent information to include, this chapter only gives you a "taste" of what you'll need to know after you have used Lucier's excellent techniques to acquire a property. You'll need to pick up another book in order to fully learn this phase of the investing process and I have a recommendation.

In the spirit of full disclosure, I should say that I am an attorney, real estate broker, investor, trainer, and author of another unique and highly readable book on real estate investing that can also be found here on Amazon -- The WealthLoop Series Beginner's Guide to Building Wealth Buying Houses: The Foolproof Roadmap to Real Estate Riches Without the Risks and Hassles of Landlording. It is written to be a genuine "How To" book that "takes you by the hand" and walks you through a step-by-step process for getting started in real estate investing -- investors across the country are giving it rave reviews. The book also includes sample leases, forms, and checklists, so that you can actually go out and implement the investing strategy it teaches as soon as you're done reading. You might want to check out the companion CD too -- The WealthLoop Series Beginner's Guide to Building Wealth Buying Houses (Combo Audio/Data CD): Author's Audio Commentary Plus Downloadable 32-page Marketing Manual, Checklists, Spreadsheets, and Forms.

A related program that's well worth checking out is:

The WealthLoop Series Beginner's Guide to Personal Wealth Creation (Combo Audio/Data CD): Audio Seminar With Downloadable 40-Page Action Manual.

Perhaps one of the reasons I like Lucier's book so much is the fact that he has written his book exactly as I'd have written it myself had he not already beaten me to the punch!

After having read this book I am of the opinion that Thomas J. Lucier has written the definitive "must buy" book on pre-foreclosure investing. This book is comprehensive in scope -- he lays it all out for the reader, walking you through the pre-foreclosure investing process from A to Z. You will learn about state foreclosure laws, how to deal with lenders, the psychology of dealing with property owners who are in the midst of foreclosure, how to use foreclosure notices to locate local properties, using direct mail and inexpensive classified ads to contact prospective sellers -- it's all here.

I found the writing style to be clear and concise, and unlike so many other authors who use their books as nothing more than marketing vehicles to promote their other programs, Lucier actually teaches you what you'll need to know to make a success of it as a pre-foreclosure investor. A nice bonus is that Lucier includes a list of Internet resources for you to continue your research online.

Also, the last seventeen pages of the book are devoted to, "How to Package, Market, and Resell Pre-Foreclosures for Maximum Profit." While excellent information to include, this chapter only gives you a "taste" of what you'll need to know after you have used Lucier's excellent techniques to acquire a property. You'll need to pick up another book in order to fully learn this phase of the investing process and I have a recommendation.

In the spirit of full disclosure, I should say that I am an attorney, real estate broker, investor, trainer, and author of another unique and highly readable book on real estate investing that can also be found here on Amazon -- The WealthLoop Series Beginner's Guide to Building Wealth Buying Houses: The Foolproof Roadmap to Real Estate Riches Without the Risks and Hassles of Landlording. It is written to be a genuine "How To" book that "takes you by the hand" and walks you through a step-by-step process for getting started in real estate investing -- investors across the country are giving it rave reviews. The book also includes sample leases, forms, and checklists, so that you can actually go out and implement the investing strategy it teaches as soon as you're done reading. You might want to check out the companion CD too -- The WealthLoop Series Beginner's Guide to Building Wealth Buying Houses (Combo Audio/Data CD): Author's Audio Commentary Plus Downloadable 32-page Marketing Manual, Checklists, Spreadsheets, and Forms

Perhaps one of the reasons I like Lucier's book so much is the fact that he has written his book exactly as I'd have written it myself had he not already beaten me to the punch!

I am a very experienced investor (over 35 years in Real Estate Mortgages, Brokerage and appraising) and have purchased several properties at auction. This book does outline his program of acquiring properties before they go to sale. As possess are different in across the country, the book does apply broad principles. It is much more informative than similar books that just talk about past transactions. He does appear to have very practical experience which is more than I can say about other writers.

Let's face it, tax liens and preforeclosures are the new "it" for this new downward market. This is where you can get lots of money by getting cheap houses, as foreclosures mount over and over again month after month.

This book guides you through preforeclosures and being able to negotiate before it hits the foreclosure market. While auctions do give you savings, being able to negotiate it before hand gives you more leverage and you don't go through the hassle of being outbid. Here are other good reads about foreclosures:

Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days-Investing Without Losing Series (Investing Without Losing)

Profit by Investing in Real Estate Tax Liens: Earn Safe, Secured, and Fixed Returns Every Time

This is a great book on preforeclosures, a certain point in time when houses are owned by the bank or are in the process of being owned by the bank but has not been sold to a public auction yet. This is where people get huge savings because you can deal with the bank or owner (that's about to lose his or her home).

This is one of the two favorite books I have in my real estate/foreclosures library. See my other reviews for more info on other books.

Love it! Love It! Love It! "The Pre-Foreclosure Property Investor's Kit" by Thomas Lucier is very informative and a must read for anyone interested in this type of real estate investing. Mr. Lucier tells in detail how to negotiate with homeowners in trouble, how to be the solution to their problem, and how NOT to have the door slammed in your face. He also demystifies the process of dealing with the homeowner's lender by explaining in detail each step in the process of taking the property off their hands. This book, along with Dean Graziosi's [[ ASIN:1593154461 Be A Real Estate Millionaire: Secret Strategies for Lifetime Wealth Today]] have helped me so much in understanding how to be successful with foreclosures.

This book is simple, straight forward, and realistic. The author does a great job. The book is full of excellent strategies and advice.

This book provides excellent insight for buying pre-foreclosures. It is well-written, easy to understand, and insightful. The only problem is that it does not give relevant economic information to investors to navigate the real estate bubble. However, I do not fault the author for that since they are really two seperate topics. To fill this gap I would also recommend Cashing in on the Real Estate Bubble. This book focuses on the economic aspect of teh bubble and presents a survey of the best methods to make money from the real estate mess.

If you want to buy pre-foreclosures, I would recommend both books - this one for instructions on how to handle foreclosures and the other (Cashing in on the Real Estate Bubble) as an economic resource. Together, I feel they have given me a huge edge.

The content of the book is solid and practical. However, don't believe the author's statement in the book that he will answer questions sent to him directly via email. I sent repeated emails to Mr. Lucier requesting clarification of a couple scenarios from the book and have had no responses.

This book will not do the job for you rather it will make you think. Granted the author is a little odd but, the information is true to fact. You start to think when you read this book and then the inspiration comes. This book is only a stepping block to great things. I apply this and a lot of other information and I make a great living. I hope people do not like this book so, I can eliminate the competition. LOL

I am a retired real estate broker in Nevada and an associate broker in Utah. This book is full of details on exactly how to go about purchasing pre-forclosure properties. Author includes websites to research for additional information, form to be used in your quest to find pre-foreclosure properties and his personal email address if you get really stuck. I would recommend this book to anyone who is really interested in improving their income.

Someone recommended this book to me and I must say the recommendation was entirely correct. It is a very comprehensive look at the foreclosure and short sale market and gives excellent advice both for the novice real estate person as well as the expert.

I highly recommend it!

Linda
Clearwater, FL

Someone from another country once said, this book is no good for another country and gave it low ratings... Well, duh! U.S. law only applies to U.S. stuff. This book is by far one of the best guides on pre-foreclosures and should be considered as the beginner's guide for bank foreclosures. Also, when the title says 'distressed' real estate, it's not talking about bad properties but rather properties with their mortgages no longer being paid.

The difference is important because distressed properties suggest run down stuff. When actually, a lot of preforeclosures are great houses and for one reason or another the owner no longer chose to pay for it.

Overall a good guide. Also on another note, I only buy books BY investors not marketing gurus or writers. Lucier is a REAL investor, with personal experience. Those are the type of authors you want to read from. Here are other books by REAL investors:

Profit by Investing in Real Estate Tax Liens: Earn Safe, Secured, and Fixed Returns Every Time by Loftis

Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days-Investing Without Losing Series by Sausa

FLIP: How to Find, Fix, and Sell Houses for Profit by Villani

As other readers have said, this book contains quite a bit of useful information on picking up preforeclosure properties. However, Lucier's lousy writing style makes it pretty hard to get through the book. Even worse, his style sounds so uneducated that I lose confidence in what he has to say.
Ultimately, I hope to make use of the information provided in the book, but if you buy it, be prepared to grit your teeth as you try to get past the writer's poor style.

I found this book to be very useful. It applies well to Preforeclosures overall nationwide and is especially useful if your are in Florida. He does not add fluff, or hype to this book. I would also recommend "How to be a Quick Turn Real Estate Millionaire" by Ron LeGrand as far as how to find leads (cheap marketing)and wholesaling. These are both books you should have in your Real Estate Investing Library! The Pre-Foreclosure Property Investor's Kit should be a reference handbook for serious investors!

[...]

Having read the other reviews, I bought this book with high expectations. I was very disappointed. The book lacks details and conatins too much cursory, trivial and antecdotal information. For example, the author explains that public records are listed in alphabetical, he gives great examples of which mobile office equipment to buy and describes over and over how wonderful the internet is but glosses over important details like actual examples of what exactly you find in the public records and examples of how to determine if a deal is worthwhile or not. He talks about due diligence and that one should research the public records to get information from 50 different places. He even goes on to tell a story about a women who didn't do enough research and ended up with a $19,000 tax lien attached to her pre-foreclosure property. Again though, he never shows any examples or those records or HOW to use those records to determine if a deal is worthy or not. His step-by-step process is not detailed enough to put into practice without doing tons more research. The book seems unfocused and often times wanders away from the point. Overall not a very practical book but probably a pretty good buy if you know nothing about foreclosures, pre-forclosures or home buying in general.

Very detailed book that really explains the process. I was hoping it would include a bit more about rentals but the tactics included for getting a great deal can be applied to any type of real estate buyer. Great book for terms and as a resource. He loads the book with websites to find data. He also makes you very aware key issues that are often overlooked in other books.

Not a motivating book...just meat and potatoes... which is good if you have already had enough of those. This book is loaded with info but is a bit dry. I would say it is a must read for anyone not familiar with all of the ins and outs.

This book is fully of lots of usefull information. Good starting place for any future investor.

I thoroughly enjoyed reading Mr. Lucier's book on buying Pre-Foreclosure Properties. He explained the process very clearly and was easy to follow. He didn't hesitate to emphasize critical points where the buyer must be extremely careful in the buying process. I take forever to finish reading a book but I couldn't put this one down and finished reading it in two days.

Too narrow topic! Not practicable! Waste Money and Time for this book. I don't know why it gets so high rate.

This book is a must for the begining investor. As an experienced investor, I found it very helpful because it was full of resources that I was not aware of. It is not a pep-rally book for those who need to be motivated to get started in the realestate business. Mr. Lucier does a great job of explaining the minute ins and outs of the lending institute which is a tremendous resource for all levels of investors.

I bought this from Canada. I was naive enough to think the contents applied here. But it deals with US laws and real estate only. Therefore it should not have been made available to non US citizens, OR should have been labelled as "For US market only" or words to that effect. Very likely to be fine if you are a US citizen though. But if you're not American, beware! With transportation, that's over $40 wasted.

There is a lot of practical information in here to be sure. The author has some strong opinions even going to far as so give specific suggestions regarding setting up your office. His comments regarding illegal activities are admirable, but still fluff to me. I would have preferred the straight dope. Still, it's a good book for people getting started and his style may not grate on you like it did on me.

This book is one of the best pre-foreclosure books out there. It clearly lays out how to plan your investment, how to look for preforeclosures, how to negotiate, what forms to use, and what warning signs to take note of to avoid risky ventures. A must buy!

-Matt
Illustrator for the Ultimate Foreclosure Kit (ISBN 0978834658)

This book is one of the best pre-foreclosure books out there. It clearly lays out how to plan your investment, how to look for preforeclosures, how to negotiate, what forms to use, and what warning signs to take note of to avoid risky ventures. A must buy!

-Matt, illustrator for Ultimate Foreclosure Kit

OK, let's face it. Foreclosures in this country are going to be a serious issue in the next few years. And it will be no one's fault but the lenders who took on the added risk of investing in too many questionable loans, and the borrowers who had no idea what they were getting into.

Having invested in these properties, and being a real estate sales agent with investors looking for such properties, the search processes Thomas Luccier suggests to find these properties are good. I have been using them and a few others for several years now. His foreclosure letters are powerful...perhaps too intimidating. The spreadsheets are great, I have actually replaced a couple of mine with his!

Overall, I find the book usefull more so for a new investor, but valuable nonetheless even for experienced investors like myself. I'm sure I'll refer to it again in the future.

The book is fine. I'm writing because of a problem when we purchased this item. It did not diappear from my son in law's wish list, therefore he ended up with 2 which did not make us very happy.

This was my first great Pre-forclosure book I have read. It has all the details needed to put together a system to locate and purchase pre-forclosure properties....Fix them up and flip them or keep them as investment property. I really liked his straight forward...no bull approach to business. He tells it like it is. I have read several other books and they all gave me some information....and some outdated examples...but Mr. Lucier walks you through the process from start to finish....and doesn't leave out any steps...and doesn't sugar coat it....This is not a get rich quick scheme....you work hard and get rich eventually...... I would strongly recommend this book to anybody considering pre-forclosure properties.

Read this book first, then read the others. This author is honest about the pitfalls and realistically gives a sound foundation. And being that the market is not strong right now, you need to arm yourself with the truth about the Real Estate, not fluff. This is a great book ... a must have!!!

I picked up a couple good tips from the book. Although the author claims not to be a get-rich-quick type author, it seems he goes a bit overboard with this "messiah message". We get it Thomas, we won't get rich next month in Real Esate.

Even though it is refreshing that he espouses many disclaimers...it almost scares you into not applying the business as he mentions many, many times how cut-throat extremely hard this business is.As an adult who excepts my own actions and resposibilities i can do without the negativity...

I would have rated this book 5 stars had it not been a little less frightening sounding to practice pre-forclosures as he represents the business to be "EXTREMELY HARD". It almost sounds like one should just pass on the business because of all the pitfalls and scams.

Secondly, the cover of the book is misleading as "YOU CANNOT DOWNLOAD THE FORMS FOR FREE". He sell the "forms" on CD on his website.

Important: Once you know what to do you are "on your own" so sometimes bootcamps and seminars from the "right educators" (Ron Legrand) are almost an essential part of the business, This author bundles everyone that is not him as a snake oil salesman. Bad advice!!!

I have done many deals i would have probably not have done if it weren't for the extra support and motivation in seeing others succeed in this business ffrom ongoing education (/courses, books, bootcamps,etc.)

Don't most of the fortune 500 comopanies spend millions on sales training and product knowledge for thier industries?

This author seems to want you to live in a vacuum---- EVERYBODY needs motivation and on-going knowledge from differnt experts every now and then and sometimes it's worth the price of a bootcamp otherwise you will be paying for a bootcamp in the real world with $$$ mistakes.

I picked up a couple good tips from the book. Although the author claims not to be a get-rich-quick type author, it seems he goes a bit overboard with this "messiah message". We get it Thomas, we won't get rich next month in Real Esate.

Even though it is refreshing that he espouses many disclaimers...it almost scares you into not applying the business as he mentions many, many times how cut-throat extremely hard this business is.As an adult who excepts my own actions and resposibilities i can do without the negativity...

I would have rated this book 5 stars had it not been a little less frightening sounding to practice pre-forclosures as he represents the business to be "EXTREMELY HARD". It almost sounds like one should just pass on the business because of all the pitfalls and scams.

Secondly, the cover of the book is misleading as "YOU CANNOT DOWNLOAD THE FORMS FOR FREE". He sell the "forms" on CD on his website.

Important: Once you know what to do you are "on your own" so sometimes bootcamps and seminars from the "right educators" (Ron Legrand) are almost an essential part of the business, This author bundles everyone that is not him as a snake oil salesman. Bad advice!!!

I have done many deals i would have probably not have done if it weren't for the extra support and motivation in seeing others succeed in this business ffrom ongoing education (/courses, books, bootcamps,etc.)

Don't most of the fortune 500 comopanies spend millions on sales training and product knowledge for thier industries?

This author seems to want you to live in a vacuum---- EVERYBODY needs motivation and on-going knowledge from differnt experts every now and then and sometimes it's worth the price of a bootcamp otherwise you will be paying for a bootcamp in the real world with $$$ mistakes.

UPDATE
DO ME A FAVOR''''''I DON'T CARE ABOUT WHETHER THIS REVIEW WAS HELPFUL TO YOU OR NOT ON THIS BOOK BECAUSE ONLY LESS THAN 1% OF PEOPLE READING IT IS ACTUALLY DOING DEALS UNLIKE ME, THANK YOU

I picked up a couple good tips from the book. Although the author claims not to be a get-rich-quick type author, it seems he goes a bit overboard with this "messiah message". We get it Thomas, we won't get rich next month in Real Esate.

Even though it is refreshing that he espouses many disclaimers...it almost scares you into not applying the business as he mentions many, many times how cut-throat extremely hard this business is.As an adult who excepts my own actions and resposibilities i can do without the negativity...

I would have rated this book 5 stars had it not been a little less frightening sounding to practice pre-forclosures as he represents the business to be "EXTREMELY HARD". It almost sounds like one should just pass on the business because of all the pitfalls and scams.

Secondly, the cover of the book is misleading as "YOU CANNOT DOWNLOAD THE FORMS FOR FREE". He sell the "forms" on CD on his website.

An official Library Weekly book review.

EXCERPT:
Pre-foreclosure refers to the period of time during the foreclosure process between when a lender files a
foreclosure lawsuit...and the date the property is scheduled to be sold at a public foreclosure auction...

RATING:
5 of 5

REVIEW:
In a buyer's market, foreclosures start increasing almost immediately, either due to higher interest rates
or slower economical growth. This is a prime time for investors, sweeping in and taking in deals that
could be profitable and rewarding, as you help others from a failing mortgage. Lucier's experience,
research, and due diligence in writing this book clearly shows through, with numerous tactics,
strategies, and external references that guide the reader to success.

OTHER RECOMMENDATIONS:
1. The Beginner's Guide to Real Estate Tax Lien and Tax Deed Auctions [ISBN 0978834623]
2. The Beginner's Guide to Real Estate Investing [ISBN 047164711X]

This book, was very well organized. easy to understand and apply, I ordered three books and this was the best of all three.

I have been a professional real estate investor for over 20 years and this very bad book is full of inaccuracies and downright awful advice!

This book is relevant now to market conditions. There are some ethical concerns with some of these strategies, as you are basically taking advantage of people but I guess that depends on perspective. Per one of the reviewers, I bought a supplemental book for properties that did come to auction which is less problematic ethically as those properties are already government owned.

Suggested reading:

Investing Without Losing
[ISBN 0978834607]

Thomas J. Lucier managed to put together an amazing and resourceful book. I bought it, read it and loved it and now want to read it again.
Buy with the confidence you will learn from his experience.

Jon

As someone new to the Real Estate invesment arena, this book provides a great synopsis of the pre-foreclosure business. I really enjoyed the no-nonsense style of writing and the realistic approach to making money, which is hard work and tenacity. I look forward to using his techniques to further my investment portfolio.

Great book of Wisdom. Most importantly USABLE. Well written, no details left out on EXACTLY HOW to do each step.You can tell Thomas has "been there, done that". Unimagineable amount of professional resources that comes with the book.

I like this because it is indeed a "kit". It is comprehensive guide to pre-foreclosures and taking advantage of things before auction. It will probably take the average reader 3-4 times to comprehend everything.

I also bought Investing Without Losing: The Beginner's Guide to Real Estate Tax Lien and Tax Deed Auctions for properties that do come to auction. I found both of these books are a good combo.

I purchased this book some 6-8 months ago and I have used it and the resourses provided by Thomas on a daily basis. I am a nurse and I am looking to retire int he nxt couple of years. You cannot buy another book on the market that provide the informaiton and resources that this book provides. I give it a 5+rating.