A useful overview of property investment opportunities.
Currie offers a primer on the basics of real estate investing.
In his first book, Landlord by Design (2016), the author, a real estate investor and landlord, tackled residential property management. This second work goes into what it takes to be successful at property investment. Instead of focusing on a few strategies in that area, however, Currie paints with a broad brush; the book’s brief, easy-to-read chapters touch on virtually every type of real estate investment vehicle, including room rentals, vacation rentals, house flipping, condominium investing, land purchases, fractional ownership, and others. A particularly low-risk strategy, Currie says, is “house hacking,” which he describes as “buying a property, living in part of it, and renting out the rest.” The book also includes useful information about key fundamentals, such as securing mortgages, real estate agents, mortgage brokers, bankers, and insurance. The book’s 36 chapters are short and to the point, and Currie is careful to present balance, assessing risks and benefits. When discussing real estate location, for example, the author offers a solid list of “main points to remember when looking at the economy of an area.” In a chapter concerning vacation rentals, Currie includes “common risks” as well as valuable tips on what questions to ask prospective vacation renters. In an intriguing discussion of “zero-down real estate investing,” he shares his own experience and provides seven ways to invest without making a down payment. Some topics, such as joint venture deals, syndication, and crowdfunding may extend beyond the capabilities of the average real estate investor, and because of the abbreviated format, the book addresses these subjects as well as others in only a cursory manner, so additional investigation will likely be required. The prose style is informal and breezy, and Currie seamlessly weaves his investing experiences into the chapters, with relevant examples and lots of bulleted lists. Still, readers should be aware that these experiences are mostly limited to the Canadian real estate market, and although his observations and suggestions may be broadly applicable, prospective real estate investors must take local regulations into account.
A useful overview of property investment opportunities.Pub Date: Sept. 14, 2022
ISBN: 9780995303706
Page Count: 232
Publisher: Beachrock Publishing
Review Posted Online: Nov. 18, 2022
Kirkus Reviews Issue: Jan. 1, 2023
Review Program: Kirkus Indie
Cogent, well-timed ideas for meeting today’s biggest challenges.
Helping liberals get out of their own way.
Klein, a New York Times columnist, and Thompson, an Atlantic staffer, lean to the left, but they aren’t interrogating the usual suspects. Aware that many conservatives have no interest in their opinions, the authors target their own side’s “pathologies.” Why do red states greenlight the kind of renewable energy projects that often languish in blue states? Why does liberal California have the nation’s most severe homelessness and housing affordability crises? One big reason: Liberal leadership has ensnared itself in a web of well-intentioned yet often onerous “goals, standards, and rules.” This “procedural kludge,” partially shaped by lawyers who pioneered a “democracy by lawsuit” strategy in the 1960s, threatens to stymie key breakthroughs. Consider the anti-pollution laws passed after World War II. In the decades since, homeowners’ groups in liberal locales have cited such statutes in lawsuits meant to stop new affordable housing. Today, these laws “block the clean energy projects” required to tackle climate change. Nuclear energy is “inarguably safer” than the fossil fuel variety, but because Washington doesn’t always “properly weigh risk,” it almost never builds new reactors. Meanwhile, technologies that may cure disease or slash the carbon footprint of cement production benefit from government support, but too often the grant process “rewards caution and punishes outsider thinking.” The authors call this style of governing “everything-bagel liberalism,” so named because of its many government mandates. Instead, they envision “a politics of abundance” that would remake travel, work, and health. This won’t happen without “changing the processes that make building and inventing so hard.” It’s time, then, to scrutinize everything from municipal zoning regulations to the paperwork requirements for scientists getting federal funding. The authors’ debut as a duo is very smart and eminently useful.
Cogent, well-timed ideas for meeting today’s biggest challenges.Pub Date: March 18, 2025
ISBN: 9781668023488
Page Count: 320
Publisher: Avid Reader Press
Review Posted Online: Jan. 16, 2025
Kirkus Reviews Issue: Feb. 15, 2025
BOOK REVIEW
PERSPECTIVES
Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our...
A psychologist and Nobel Prize winner summarizes and synthesizes the recent decades of research on intuition and systematic thinking.
The author of several scholarly texts, Kahneman (Emeritus Psychology and Public Affairs/Princeton Univ.) now offers general readers not just the findings of psychological research but also a better understanding of how research questions arise and how scholars systematically frame and answer them. He begins with the distinction between System 1 and System 2 mental operations, the former referring to quick, automatic thought, the latter to more effortful, overt thinking. We rely heavily, writes, on System 1, resorting to the higher-energy System 2 only when we need or want to. Kahneman continually refers to System 2 as “lazy”: We don’t want to think rigorously about something. The author then explores the nuances of our two-system minds, showing how they perform in various situations. Psychological experiments have repeatedly revealed that our intuitions are generally wrong, that our assessments are based on biases and that our System 1 hates doubt and despises ambiguity. Kahneman largely avoids jargon; when he does use some (“heuristics,” for example), he argues that such terms really ought to join our everyday vocabulary. He reviews many fundamental concepts in psychology and statistics (regression to the mean, the narrative fallacy, the optimistic bias), showing how they relate to his overall concerns about how we think and why we make the decisions that we do. Some of the later chapters (dealing with risk-taking and statistics and probabilities) are denser than others (some readers may resent such demands on System 2!), but the passages that deal with the economic and political implications of the research are gripping.
Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our minds.Pub Date: Nov. 1, 2011
ISBN: 978-0-374-27563-1
Page Count: 512
Publisher: Farrar, Straus and Giroux
Review Posted Online: Sept. 3, 2011
Kirkus Reviews Issue: Sept. 15, 2011
BOOK REVIEW
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