Review: The Case for Private Mortgage Lending
Rating: 4 out of 5
Date: 06 26, 2013
"Death of a Stockbroker" is succinct but full of information, and covers an alternative to investing in the stock market: private mortgage lending. The book starts with discussing how stockbrokers may take advantage of their clients, driven by the potential of commissions, and how clients may not get the best returns; however, "Death of a Stockbroker" claims you can get 8% to 15% returns with private mortgage lending.The book then delves deeper into the subject, addressing best and worst case scenarios using examples and also outlining some of the terms and concepts in private mortgage lending. The authors are honest about both the benefits and the drawbacks. While they ultimately offer their own consultation services, the book doesn't read like a sales pitch and is instead helpful in its explanations.While this book is aimed more at people who have the money to invest in real estate, it's still helpful information to keep in mind.