Jumat, 30 September 2011

[A914.Ebook] Download Ebook Goodbye Charles, by Gabriel Davis

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Goodbye Charles, by Gabriel Davis

One Act Play, Dark Comedy. Cast: 3 women, 2 men. Synopsis: Jill's husband Charles mysteriously disappears after she refuses to grant him a divorce. Concerned something has happened to her husband, Jill follows a string of clues to try and find out the secret Charles was keeping from her.

  • Sales Rank: #127478 in Books
  • Published on: 2012-09-30
  • Original language: English
  • Dimensions: 9.00" h x .13" w x 6.00" l,
  • Binding: Paperback
  • 54 pages

Most helpful customer reviews

3 of 3 people found the following review helpful.
Awesome
By Caitlin Getty
I downloaded this for an audition and I love the script. Not only that, but I can highlight in it even though it's on my kindle. Perfect for what I needed it for.

1 of 1 people found the following review helpful.
Brilliant play! Ridiculously hilarious
By Nadine Legrove
Brilliant play! Ridiculously hilarious. Lovely characters, well written and a fab author. The monologue 'I ate the divorce papers' is amazing, and can be used for auditions or school work. I used it for an exam piece and I never enjoyed embodying a character so much. It went down a treat with the audience, and I was successful with it. If using for school/college work, the play is perfect for you if your wanting to do comedy, and very versatile if wanting to put your own spin on it. If your considering to read this play just for a general read, then I recommend in doing so! It's an easy, light read with unexpected twists. Definitely a happy customer!

1 of 1 people found the following review helpful.
good moments
By Aminin
Good running theme regarding relationships. Use of many characters to tell one story keeps it light, funny, and fast. Only downside to that would be the lack of character depth as each character only has a short time to tell his/her story. Good piece to take funny short monologues from. Good starter piece for beginner actors.

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Minggu, 25 September 2011

[M222.Ebook] PDF Download Deep Web, by Ryan Wiley

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Deep Web, by Ryan Wiley

Greg Anderson discovers his twin sister, Jessica, murdered just outside of his apartment. The victim of a drive-by shooting. While mourning her loss, a friend shows Greg a side of the Internet he's never seen before called the deep web. On here, you can buy drugs, stolen merchandise, fake IDs, and more. It's here that Greg finds his sister's picture posted on a hitman site, boasting of the murder. Angered by the police's disinterest, he sets out to find the website's creator.

Interview With the Author

So, what makes Deep Web so special>

Deep Web is your classic whodunit mystery, where a twin brother discovers his sister is murdered in a drive-by shooting. What I think makes this novel interesting is the premise. So it's Greg first discovering all of the scary things people can do online, and then by sheer luck discovers the site where they ordered the hit on her. He uses grit and determination to put all the puzzle pieces together to find out who did it. He then becomes his own private investigator while also becoming an Internet-savvy crime detective.

Where did the inspiration for the series come from?

I kept seeing in the news the story about the Silk Road owner getting arrested and the FBI seizing the website. It was then I learned about the deep web and how people were buying and selling drugs anonymously and having the post office ship it right to their door!

Now, I'm an internet-addict, so rarely does someone tell me about a site I haven't heard of before. But in this case, I'd never been on the deep web, and just found it captivating that there were all these sites where you can purchase things with Bitcoins, making it nearly impossible for people to track you. That's when I thought, "Wow, what if..." which is the classic question we writers often ask ourselves when coming up with story ideas.

What did you learn most about writing this book>

That it's a SCARY world out there! I downloaded Tor, the software used to get to the deep web. WOW, are there some terrifying websites out there! Seriously, you could run your own mafia and never leave the house!

Perhaps the craziest thing of all is it's so hard to detect your activities. Sure, the Silk Road guy was arrested, but it took the FBI a long time to find him. Lots of people out there are doing illegal crimes online and getting away with them because it's hard to hold up in court.

Deep Web provides a glimpse into that world and I hope everyone finds it as fascinating as I did!

  • Sales Rank: #709478 in eBooks
  • Published on: 2015-04-15
  • Released on: 2015-04-15
  • Format: Kindle eBook

Most helpful customer reviews

2 of 2 people found the following review helpful.
"Deep Web" book is a riveting techno thriller!
By Mott Given
This excellent book was a real page turner - I read it all in one evening in one sitting. It is a murder mystery where the main character, Greg, tries to track down his twin sister's killer. Greg's investigation proceeds through the world of the dark web or deep web, using the dark web browser known as Tor and by buying the cryptocurrency "bitcoin" to hire a hacker to aid in his search. There was enough detail about the technical aspects of the deep web to hold my interest without the novel becoming bogged down in computer jargon.

1 of 1 people found the following review helpful.
A very dark world exists within the internet.
By Robert C. Olson
A very dark world exists within the internet.
Ryan Wiley’s Deep Web is a story about plumbing the dark side of the internet. A side few people venture into and even fewer use other than as a trip into the seamier of humanity. Whiney Greg Anderson loses his twin sister to an apparent random shooting—but is it random? Questioning why she was indiscriminately killed, he slowly discovers a darker side to his loving and wonderful sister’s reality. By chance surfing the Dark Web, he discovers she was actually assassinated by a for hire hitman. Enraged, the grousing Greg seeks vengeance.
The premise of Deep Web was terrific, sadly the execution was wanting. For example, the main protagonist was simply a wimp looking for a backbone. Fortunately he finds strength in a new girlfriend, Stacy, and a buffoonish coworker, Shane, to exact his revenge. I won’t give away anymore and spoil the story, but the real power house character in this interesting tale is girlfriend Stacy. The story had so much potential with the right casting of players, but was fumbled away thru egregious mischaracterization. Plus, I originally read this story to educate myself on just what the Dark Webb is. Sadly the book was too superficial on that point. Nevertheless, it was an interesting read if too superficial for my taste.
No gratuitous sex, language or violence. A quick read—I read it in one day—which denotes its shallowness.
Character development was shallow—a death knell to any story. Stacy was the only real character of consequence and carried this pedestrian novel.
Recommendation is mediocre at best. The book failed too many of my literary tests.

1 of 1 people found the following review helpful.
Couldn't stop reading it
By Mark Schafer
I was just looking through some of the books I had on the Kindle app & seen that I had this one, but wasn't really ready to read it since I just started another book, but figured I would just read a chapter or 2 & by golly I couldn't stop reading it.
Really fast paced which really surprised me on ordered the kill.
Will be following this author to see what he comes up with next.

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Senin, 19 September 2011

[Y300.Ebook] Ebook Download No More Heroes: Narrative Perspective and Morality in Cormac McCarthy (Southern Literary Studies), by Lydia R. Cooper

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No More Heroes: Narrative Perspective and Morality in Cormac McCarthy (Southern Literary Studies), by Lydia R. Cooper

Critics often trace the prevailing mood of despair and purported nihilism in the works of Cormac McCarthy to the striking absence of interior thought in his seemingly amoral characters. In No More Heroes, however, Lydia Cooper reveals that though McCarthy limits inner revelations, he never eliminates them entirely. In certain crucial cases, he endows his characters with ethical decisions and attitudes, revealing a strain of heroism exists in his otherwise violent and apocalyptic world.

Cooper evaluates all of McCarthy's work to date, carefully exploring the range of his narrative techniques. The writer's overwhelmingly distant, omniscient third-person narrative rarely shifts to a more limited voice. When it does deviate, however, revelations of his characters' consciousness unmistakably exhibit moral awareness and ethical behavior. The quiet, internal struggles of moral men such as John Grady Cole in the Border Trilogy and the father in The Road demonstrate an imperfect but very human heroism.

Even when the writing moves into the minds of immoral characters, McCarthy draws attention to the characters' humanity, forcing the perceptive reader to identify with even the most despicable representatives of the human race. Cooper shows that this rare yet powerful recognition of commonality and the internal yearnings for community and a commitment to justice or compassion undeniably exist in McCarthy's work.

No More Heroes directly addresses the essential question about McCarthy's brutal and morally ambiguous universe and reveals poignant new answers.

  • Sales Rank: #2502648 in Books
  • Brand: Brand: Louisiana State University Press
  • Published on: 2011-05-03
  • Original language: English
  • Number of items: 1
  • Dimensions: 8.60" h x .90" w x 5.70" l, .85 pounds
  • Binding: Hardcover
  • 200 pages
Features
  • Used Book in Good Condition

About the Author

Lydia R. Cooper is a visiting assistant professor of English at Monmouth College.

Most helpful customer reviews

7 of 8 people found the following review helpful.
Absolutely superb - Five Stars!
By Avô
Exceeds expectations exponentially. The author is brilliant, at least in her analysis of Cormac McCarthy. I've read a dozen books concerning Cormac McCarthy's writing, and I've read each of McCarthy's books, some of them twice. After reading Lydia R. Cooper I went back and reread some of McCarthy's books again. She has the best, most closely reasoned analysis of McCarthy's books I've ever read. I was often surprised in reading her and was obliged to reevaluate many aspects of McCarthy's work. She deserves five stars, and she deserves to be read by anyone who takes McCarthy seriously. I believe that he is one of the top writers in the world today, and Lydia R. Cooper is certainly his best critic.

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Jumat, 16 September 2011

[T123.Ebook] Ebook Free The Prose Reader: Essays for Thinking, Reading, and Writing (10th Edition), by Kim Flachmann, Michael Flachmann

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Effective writing through critical thinking.

 

Above all others, this rhetorical patterns reader provides a comprehensive grounding in critical thinking as the foundation for close reading and effective writing.  Just as important, by exposing the reader  to interesting and insightful prose by a diversity of top writers, the reader is motivated to respond in writing and discussions.  By thinking, reading, and writing on three increasingly difficult levels - literally, interpretively, and critically - readers can better learn the processes and skills necessary to be successful in all their writing experiences.

  • Sales Rank: #52581 in Books
  • Brand: Brand: Pearson
  • Published on: 2013-01-03
  • Original language: English
  • Number of items: 1
  • Dimensions: 8.90" h x .90" w x 5.90" l, .0 pounds
  • Binding: Paperback
  • 640 pages
Features
  • Used Book in Good Condition

About the Author
In her own words, this is how Kim Flachmann describes her academic life story and devotion to students and teaching: ""I am a St. Louis kid who moved west and fell in love with California. My passion is teaching writing and helping people understand its importance in our society today."" " "I earned my B.A. in English at Washington University in my hometown and then started teaching at Morton College in Chicago, where I began a Developmental Writing program in 1969. Three years later, I came to California State University, Bakersfield, where I currently direct the Writing Program. I enjoy teaching writing through my books and my classes."" " "I can't imagine any mission more important to the success of a society than literacy. Teaching people who to understand words they encounter and how to express their most cherished ideas can relieve their personal frustration, rejuvenate their self-esteem, provide them with skills they need to succeed, and ultimately raise the quality of all our lives. I feel truly privileged to be involved in such a life-changing passion.""

School Affiliations: The author is a Professor of English at California State University, Bakersfield, where he is also Director of University Honors Programs, Head Judo and Self-Defense Instructor, and Assistant Coach of the Women's Tennis Team. For the past twenty summers, he's also been Company Dramaturg for the Tony-Award-winning Utah Shakespearean Festival in Cedar City, Utah, where he's been on the design teams for over ninety professional productions of Shakespeare's plays. Since he has a doctorate in English literature from the University of Chicago, over thirty years' experience teaching the plays in the college classroom, many publications to his credit, and twenty years' service as a dramaturg in professional theatre, he has the expertise necessary to bring these plays to life for today's generation of students.

Honors and Awards: He's won a number of teaching awards, the most prestigious of which have been Carnegie Foundation United States Professor of the Year (1995), Outstanding Professor for the twenty-campus California State University System (1993), a $20,000 CSU Wang Family Award for Excellence in Undergraduate Teaching (1999), and a recent California Senate Resolution honoring him for "twenty-two years of excellence in teaching" (2004).

Most helpful customer reviews

0 of 0 people found the following review helpful.
Five Stars
By Irina Alfaro Capote
I love it, it has amazing and interesting essays

0 of 0 people found the following review helpful.
Four Stars
By Amazon Customer
Good condition and the essays are great

0 of 0 people found the following review helpful.
Five Stars
By carol helmlinger
nice book at a great price!

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Rabu, 14 September 2011

[N175.Ebook] Download Polish Heritage Cookery: A Hippocrene Original Cookbook, by Robert Strybel, Maria Strybel

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Polish Heritage Cookery: A Hippocrene Original Cookbook, by Robert Strybel, Maria Strybel

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Polish Heritage Cookery: A Hippocrene Original Cookbook, by Robert Strybel, Maria Strybel

With over 2,200 recipes in 29 categories, "Polish Heritage Cookery" is the most extensive and varied Polish cookbook ever published. This illustrated edition of the bestseller includes 20 color photographs. "A encyclopedia of Polish cookery and a wonderful thing to have!"--Julia Child, "Good Morning America".

  • Sales Rank: #1186771 in Books
  • Brand: Brand: Hippocrene Books
  • Published on: 2003-01
  • Original language: English
  • Number of items: 1
  • Dimensions: 2.07" h x 7.47" w x 9.56" l,
  • Binding: Hardcover
  • 915 pages
Features
  • Used Book in Good Condition

Review
Polish Heritage Cookery is the most extensive and varied Polish cookbook ever published in English, with over 2,200 recipes in 20 categories, written especially for Americans with American weights, measures and temperatures. Each recipe is indexed under its American and Polish name. Included are the elegant cuisines of Old Poland, the simple peasant cookery, and everything in between. Polish Heritage Cookery is interlaced with cultural notes and historical background on Polish food and eating habits. Both traditional and simplified versions of Polish classic recipes are provided, together with countless hints and shortcuts to achieving traditional flavors of using convenience items and modern appliances. Polish Heritage Cookery is ideal for all manner of family feasts and gourmet dining clubs. -- Midwest Book Review

About the Author
Robert Strybel, a native of Hamtramck, Michigan, has a master's degree in Polish Studies from the University of Wisconsin and works teaching, writing, and translating Polish. He is a syndicated columnist, and his "Polish Chef" recipes reach an estimated 250,000 readers each month. His wife and coauthor Maria, who holds a master's degree in Polish linguistics from Warsaw University, is a cookbook author and editor, and has also worked as a TV chef.

Most helpful customer reviews

27 of 28 people found the following review helpful.
Just like Babcia's Cooking: A Comprehensive Guide
By Helena Fagan
This is the bible on good Polish home cooking.
You'll find at least one recipe for most dishes you can think of. They are clear, easy to follow, and the results taste just like my grandmother's cooking (she wonders how I do it without asking her for help).
There is an excellent section on ingredients and good directions for things like making your own bialy ser/twarog so that you can produce good Polish cooking regardless of how well or poorly stocked your local delicatessen is.
I occassionally feel that Pan Strybel is a little bossy, but the results justify it - my chicken soup has never been better.
Younger cooks may choose to ignore some of the garnishing suggestions as they are somewhat dated.
The index is really good, making it easy to find what you're looking for (in Polish or in English).
And when you're feeling a little tired and missing Poland, just curl up and read.

21 of 21 people found the following review helpful.
Wonderful Cookbook
By A Customer
I love this cookbook, the recipes are excellent, and easy to follow. I've successfully prepared many dishes I'd never heard of before I married my husband who is Polish.

I'd reccommend this book to anyone who wants to prepare authentic polish recipes.

13 of 13 people found the following review helpful.
The Definitive Polish Cookbook for all occasions!!!
By Bryan Roch
Having been raised a third-generation Polish-American in Western Massachusetts (where else!), I can honestly say that this book captures the divine essence of what great Polish cooking should be. Almost everyone has tasted, or at least has heard of kielbasa, that typical sausage flavored with a lot of garlic, golabki, or stuffed cabbage, and pierogi. It is custom for most of these dishes to be served with a hearty slice or two of rye or pumpernickel and boiled potatoes, as well as a shot of good vodka. These dishes are just a tiny fraction of what should be thought of as traditional Polish fare.

When I first came across this book years ago, I was so impressed to find such an extensive recipe collection printed in the English language. To this day, Polish cuisine is highly underrated to quite the extent that both fine French and Italian cuisine were at one point. It was once perceived, almost intentionally, that French and Italian chefs here in the States always cooked the same things both at home as well as in the restaurants. It is through these influences that we culminated so many of the classic dishes we all know and love today. Now there is a huge array of recipes and cookbooks out there for those who wish to explore the specific regions that make these dishes we all have come to relish. The same can be said about Polish cuisine, which is typically represented by the few dishes that has made it popular. Even today, few cookbooks talking about Polish food can be held in such high regard as this one. Those unaccustomed to this vast art form can find recipes ranging from the typical to the atypical. There are plenty of recipes for golabki, pierogi and paczki, those jam-filled doughnuts associated with Lent. Again, though, this makes up such a small amount of a cuisine that is sure to attract many devotees. There are chapters devoted to all sorts of hors d'oeuvres and soups, both hot and cold. Soup truly is the staff of life to any Pole. Cabbage, potato and mushroom lovers will rejoice at the numerous recipes (many with their own section) found all throughout this book, but it doesn't end there, my friends. The meat and game dishes are so delicious and varied, you'll wonder why you never sampled them before. Then come chapters devoted to pickling (true Polish style brine-pickled cucumbers, forget all those insipid store-bought varieties you're used to), homemade dairy products, cheese and sour cream, the essential Polish product along with twarog, or farmer's cheese. Learn how to make your own kielbasa in the chapter dealing with sausage-making, curing and smoking, endless breads and pastries, and finally a chapter devoted to the incomparable list of Polish beverages, ranging from the national favorite tea, which includes as many as eight or nine different brewing techniques. The same is included for true Polish coffee, and a long list of flavorings and liqueurs.

Do yourselves a favor and buy this book.. it will always remain a huge favorite among your entire family!!

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Rabu, 07 September 2011

[D472.Ebook] Fee Download The Essential Adam Smith, by Adam Smith

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The Essential Adam Smith, by Adam Smith

Few writings are more often cited as a cornerstone of modern economic thought than those of Adam Smith. Few are less read.

The sheer strength of his great work, The Wealth of Nations, discourages many from attempting to explore its rich and lucid arguments. In this brilliantly crafted volume, one of the most eminent economists of our day provides a generous selection from the entire body of Smith's work, ranging from his fascinating psychological observations on human nature to his famous treatise on what Smith called a "society of natural liberty," The Wealth of Nations.

Among the works represented in this volume in addition to The Wealth of Nations are The History of Astronomy,Lectures on Jurisprudence, The Theory of Moral Sentiments, and Smith's correspondence with David Hume.

Before each of Smith's writings Robert Heilbroner presents a clear and lively discussion that will interest the scholar as much as it will clarify the work for the non-specialist. Adam Smith emerges from this collection of his writings, as he does from his portrait in Professor Heilbroner's well-known book, as the first economist to deserve the title of "worldly philosopher."

  • Sales Rank: #314522 in Books
  • Published on: 1987-03-17
  • Original language: English
  • Number of items: 1
  • Dimensions: 8.40" h x 1.10" w x 5.30" l, .95 pounds
  • Binding: Paperback
  • 352 pages

From Publishers Weekly
Founding father of economic conservatism, Smith nevertheless sympathized with the working class and scorned landlords and other capitalists whom he deemed incapable of heeding public regulations. Today his books are frequently quoted yet seldom read. To remedy this situation, Heilbroner (The Worldly Philosophers has done an admirable job of abridging The Wealth of Nations and Smith's other major writings. Current debate has centered on Smith's theory of the "Invisible Hand," the self-regulating mechanism of a free-market economy, which has proved increasingly irrelevant in the face of structural unemployment and large-scale industry. But Heilbroner points out that the Invisible Hand, far more than a ghostly economic planner, was meant to provide the underpinnings for a workable system of social and moral order. Heilbroner emphasizes that Smith was far less optimistic than many people assume; though he considered capitalism the basis for personal freedom, he expected that both the propertied class and the workers would push for their narrow self-interests. The skillfully edited selections cut through Smith's cant and rhetoric.
Copyright 1986 Reed Business Information, Inc.

From the Back Cover
Few writings are more often cited as a cornerstone of modern economic thought than those of Adam Smith. Few are less read. The sheer length of his great work, 'The Wealth of Nations', discourages many from attempting to explore its rich and lucid arguments. In this brilliantly crafted volume, one of the most eminent economists of our day provides a generous selection from the entire body of Smith's work, ranging from his fascinating observations on the psychological nature of man to his famous treatise on what Smith called a 'society of natural liberty, ' The Wealth of Nations.

About the Author
Robert L. Heilbroner was Norman Thomas Professor of Economics at the New School for Social Research and author of The Worldly Philosophers and many other books.

Most helpful customer reviews

53 of 54 people found the following review helpful.
A Great Introduction to Adam Smith's Ideas
By Bryan Lukasaweicz
After reading Heilbroner's The Worldly Philosophers, I decided to read Smith's Wealth of Nations, but found myself daunted by the length and language of the book. Then I discovered Heilbroner's Essential Adam Smith and was hooked. The book offers the essential parts of Wealth of Nations, as well as a good sampling of some of his other works. As a result, I have not only read the entire Wealth several times, but have also read everything by and about Smith that I can find. Heilbroner's book is a good way to get to the heart of Smith's thinking, but, like me, you will probably find yourself wanting to learn more about the man, his ideas, and his life. Enjoy!

20 of 21 people found the following review helpful.
Condensed Capitalism
By ray
To understand capitalism, read the Wealth of Nations. But, to really understand it, as well as the other ideas of Adam Smith, read his essential works. This book allows the reader to fully grasp the concepts of capitalism and get a clear picture of how and why it works. Thankfully, Heilbronner did not dilute the works of Smith, he just condensed them for the modern day reader. With this book you can cut through the jargon and see the real points that Smith was trying to get across.

17 of 18 people found the following review helpful.
A good, concise summary of Smith
By Will Jerom
Content Summary: Adam Smith wrote two major works in his life - "The Theory of Moral Sentiments", which is lesser known, and his master work "The Wealth of Nations." Smith is remembered as one of the founding fathers of classical economic theory, known to us today as free market capitalism. In this concise summary, Heilbroner successfully gives us the essence of Smith's moral and economic theory Smith accomplished in both books.

Analytical Review: Heilbroner says that many people quote Adam Smith for their ideas, without actually having read Smith. This short work should help correct that, and I would recommend it (especially for the second half on The Wealth of Nations) as a concise introduction to Smith's thought. Both books would be over three times the length of this volume, so Heilbroner has slimmed the work down considerably, without sacrificing too much of its important meaning. Reading Smith, one is surprised how much his labor theory of value initially correspond to that of Marx, but Smith is much more comfortable with the use of money, and shifts away from the labor theory to market and exchange as the center of value. Like Marx's Capital, there may be parts to agree with, parts to dissent from here. Smith clearly would not give "carte blanche" to the capitalist, as many later thinkers would maintain. In fact Smith quite succinctly says that we should very skeptical of any legislation that is heavily sponsored by the commercial sector, as their interests are often contrary to the public interest. While Smith champions the free market, he has also some consideration for the poor. What he lacks, however, is the crystal clear solidarity with the working poor that is demonstrated in Marx's Capital. Smith's theory makes it seem as if capitalism results in a tide of wealth where all boats rise. This indeed may be true, but it also results in very gross and considerable inequalities. If people would read both works before they may hasty judgments about capitalism or socialism, it would certainly be beneficial.

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Senin, 29 Agustus 2011

[R260.Ebook] Fee Download The Advanced Guide to Real Estate Investing: How to Identify the Hottest Markets and Secure the Best Deals (Rich Dad's Advisors (Paperback)

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If you're interested in real estate investing, you may have noticed the lack of coverage it gets in mainstream financial media, while stocks, bonds, and mutual funds are consistently touted as the safest and most profitable ways to invest. According to real estate guru Ken McElroy, that's because financial publications, tv and radio programs make the bulk of their money from advertising paid for by the very companies who provide such mainstream financial services. On the other hand, real estate investment is something you can do on your own--without a large amount of money up front. Picking up where he left off in the bestselling ABC's of Real Estate Investing, McElroy reveals the next essential lessons and information that no serious investor can afford to miss. Building on the foundation of real estate investment 101, McElroy tells readers:

How to think--and operate--like a real estate mogul

How to identify and close expert deals

Why multifamily housing is the best real estate investment out there

How to surround yourself with a team that will help maximize your money

How to avoid paying thousands in taxes by structuring property sales wisely

Important projections about the future of real estate investment

  • Sales Rank: #72966 in Books
  • Published on: 2013-12-10
  • Original language: English
  • Number of items: 1
  • Dimensions: 9.00" h x 6.00" w x .75" l, .45 pounds
  • Binding: Paperback
  • 175 pages
Features
  • How to think--and operate--like a real estate mogul
  • How to identify and close expert deals
  • Why multifamily housing is the best real estate investment out there
  • How to surround yourself with a team that will help maximize your money
  • How to avoid paying thousands in taxes by structuring property sales wisely
  • Important projections about the future of real estate investment

About the Author
Ken McElroy, Principal and Co-Partner of MC Companies, has over 26 years of
senior level experience in multifamily asset and property management,
development. Having purchased over $400 million in real estate in the past two
years, Ken brings a unique property management perspective when estimating a
property’s potential value. Ken oversees the company’s asset portfolio and leads
the day-to-day operations including financial and operating analysis, investor
relations and business development. An industry veteran, Ken has served in
leadership roles in multi-family asset and property management for more than
26 years. He is also an expert in development, project/construction
management, investment analysis and acquisitions/dispositions, as well as
business development and client relations.

MC Companies is a full-service real estate investment and property management
group that since 1985 has developed, built and managed multi-family housing
communities. Its current portfolio includes units in Arizona (Phoenix, Tucson,
Goodyear, Scottsdale, Green Valley, and Sun City); Las Vegas, Nevada; Portland,
Oregon; Oklahoma (Oklahoma City and Tulsa) and Texas (Austin, Dallas,
Houston, Plano, and San Antonio).

“The MC Companies combined core strengths create value and is the foundation
for the company we built. For us, a culture of partnership isn’t something we
hang on the wall. It’s something we actually live minute-by-minute when we
bring on a new property management contract, run the numbers on an
apartment community we’re thinking about buying or map out the strategic
direction for our company in the coming year. It’s our mutual respect, our
respective talents and our combined actions that come into play and create our
commitment to Sharing the Good Life with our families, friends, investors,
employees and our family of community residents."

Most helpful customer reviews

22 of 27 people found the following review helpful.
Disappointment...It's actually a beginner's book and even for that it is not that useful
By emikami
On page 12, "Assume you are purchasing a $1,200,000 property at 20 percent down ($40,000)..." Hhmm...this was suppose to be a $200,000 property--not a $1,200,000 property--otherwise the down payment won't be $40,000. Lots of other number related mistakes. The analysis of staging real estate as the greatest rate of return is consequently grossly flawed. The example assumed you can get $1000/month in rent--ok, that might be reasonable for $200,000 less some occupancy allowance since no property is likely to have 100% occupancy over 30 years--however, I don't see any allowance for things like maintenance, repair, tax, insurance, HOA, some of which also "appreciate" or inflate with the market. The example assumed 6%/year appreciation with 4%/year rental increases. 6% might be something that has occurred near some major cities but in more rural area's 4% might be common. Thus 5% might be more reasonable for typical suburban area that most people live around. Actually, moving forward, the rate might be much lower just based on projected lack of inflation. In any case, we all know about the big wreck in the real estate market that has happened but even before this, isolated regions have had their wrecks. 6% is way too optimistic considering that even in good markets as a whole, there are many that don't do nearly as well. If you happen to be in the wrong place at the wrong time, the rate of appreciation will be below the mortgage rate thus the numbers will not work out at all. So author's claim in chapter one of turning $40,000 to $1,083,678 just is not likely to happen based on omission of maintenance and repair and property tax, assumption of appreciation, HOA, assumption of rental increase. Even if it were to happen, on an annualized basis, that return is 11.62%/year. Not exactly an impossible number to reach in smaller company index fund where you will still have a lot of diversification and nobody call you in the middle of the night. Speaking of which, for that number to work, you would have to be managing the property yourself since there's no allowance for maintenance and repair. I don't know too many $200,000 with a roof that will last 30 years even with regular maintenance so that must be put into the equation somewhere.

I the first page of chapter 2 is a chart comparing stock market return to REIT (Real Estate Investment Trust) from 1975-2005. Conveniently omitting mid cap value index where REIT itself is part of which will make the comparison closer to fair and what you will find is that the mid-value index will outperform the REIT's with greater diversification. This also doesn't really prove real estate is better investment that the stocks anyway. Equity REIT's are not really Real Estate but entities which own and manage properties. The entities doesn't pay corporate tax but the individuals end up pay tax as s pass through. Therefore, equity REIT is nothing more than a corporation operating in a restricted type of business which in turn has is exempt from corporate income tax but passes through other tax to the shareholder. It still ends up paying property tax, maintenance, mortgage, insurance, repair, etc plus the management expense of the entity itself. It's a segment of the stock market. So cherry picking REIT segment out of the stock market and comparing it to the stock market as a whole is no more correct than cherry picking health care or financial stocks during specific periods of time it outperformed the market. Look at the price fluctuation of REIT segment and compare it against any diversified stock index and you'll see that REIT has much higher price fluctuation from the leverage that it has from the mortgage it contains. Speaking of which...author noted leverage as an advantage--it is only true if the assets obtained appreciates beyond the interest rate on the leverage--his example assumed 6% appreciation on 4% mortgage. 4% mortgage might be harder to get for rental property than owner occupied especially for a new landlord with no track record. I know the entire REIT market was in very bad shape in 2008--the leverage put a huge scare because just like many people who lost jobs and had a mortgage--many REIT were upside down and losing tenants left and right. Had this continued much longer, we would have seen a lot of REIT's gone bankrupt It's happened in the past so it certainly is a real risk into the future.

The book also noted multi-family residential as better performing than any other types of REIT's. Simply incorrect. Storage property REIT's have outperformed them all for the longest time. Depending on the period of time, commercial real estate market did better. But just because one did better than the other in the past doesn't really prove it will continue to do so in the future. Commercial real estate crashed years after residential real estate did for example. If you went with hind sight projected forward, you may have invested in commercial real estate just in time for the next crash.

LLC and insurance was noted as an advantage of real estate investment risk reduction over the stock market. Stock of individual companies are already protected from liability from passive investment thus there's really no advantage to real estate.

Once I fixed his example to what I thought were more reasonable real world numbers with real expenses, Real estate didn't seem to have particularly high return potential relative to the risk.

I'm completely disappointed with this book. Most of the rest are mere common sense things like not believing everything your real estate agent states thus verification is necessary. The book didn't go into details as to how to do that verification.

3 of 3 people found the following review helpful.
Awesome!
By Brett Berner
If you had read enough about theories and just want to get your hands on sound principles, this book may be for you. I was able to follow simple steps to create numbers based on data and removed the emotion of property to make a more successful purchases based on data, not emotions.

2 of 2 people found the following review helpful.
I do love this book
By Chappy
I really like this book. I recommend it to all my friends who are interested in real estate. To tell you the truth I buy this book as a gift and this is maybe my 5th copy.

While some of the info may be somewhat dated, the principles are still worth while if you follow the instructions on how to calculate profitability. You just have to put down a lot more (on houses) than used to be the case. I have followed the advice of this book and I have two rentals. I do make money on them. Just make sure to buy a nice structurally sound building in a nice area.

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