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Bailout Riches!: How Everyday Investors Can Make a Fortune Buying Bad Loans for Pennies on the Dollar

Bailout Riches!: How Everyday Investors Can Make a Fortune Buying Bad Loans for Pennies on the Dollar

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Authors: Bill Bartmann, Jonathan Rozek
Publisher: Wiley
Category: Book

List Price: $24.95
Buy Used: $9.65
You Save: $15.30 (61%)



New (33) Used (29) from $9.65

Rating: 4.0 out of 5 stars 34 reviews

Media: Hardcover
Pages: 240
Number Of Items: 1
Shipping Weight (lbs): 0.9
Dimensions (in): 8.9 x 6.2 x 1

ISBN: 047047825X
Dewey Decimal Number: 332.632440973
EAN: 9780470478257

Publication Date: May 26, 2009
Availability: Usually ships in 1-2 business days

Also Available In:

  • Kindle Edition - Bailout Riches!: How Everyday Investors Can Make a Fortune Buying Bad Loans for Pennies on the Dollar

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Editorial Reviews:

Product Description
What is the investment opportunity from America's financial crisis? Somewhere north of one trillion dollars of debt--mortgages, credit cards, and other forms--will be written off and sold to buyers at pennies on the dollar. It gets even better: There are ways to buy that debt with no money of your own.

Society's collective pain from this crisis means that it's unlikely to occur ever again on this scale. Investors with the right roadmap are poised to profit spectacularly. Bartmann lays out a step by step plan on how to find the best deals from the federal government, local Financial Institutions, and loan brokers. The spectrum of loans that are available include: credit card debt, consumer loans, business loans, commercial loans, and real estate loans.

You’ve heard about the massive government bailout of the financial sector and its cost to taxpayers. Couple that with skyrocketing unemployment and a shrinking stock market and you might think this is a terrible time to invest in anything. But you’d be wrong.

In Bailout Riches!, Bill Bartmann shows you how to invest in the bailout itself and take your own cut of the trillion-dollar pie. What does Bartmann know about bailouts? Only that the last big-time government bailout-involving the savings and loan crisis and the government’s Resolution Trust Corporation- made him a billionaire. This time around, the bailout is much bigger and opportunities for profit are much greater.

"Who better to teach you how to prosper from this economic chaos than a man who actually took himself from ‘bankruptcy to billionaire’ during the last crisis."--Ken Blanchard, coauthor, The One Minute Entrepreneur

"Bill Bartmann is more than a great financial success story; he is a phenomenal teacher who has helped thousands of my students achieve success. Bailout Riches will show you how you can prosper during these tumultuous times." --T. Harv Eker, author, New York Times #1 bestseller, Secrets of the Millionaire Mind

"When the economy is in crisis, Bill Bartmann finds the diamond in the rough. The information in this book made him a billionaire fourteen years ago during the S&L crisis. Now the economy is cratering again and his methods are working better than ever. Read this book and discover a hidden source of wealth all around you."--David Lindahl, author of Emerging Real Estate Markets and Multi-Family Millions


Customer Reviews:
Showing reviews 1-5 of 34



1 out of 5 stars Waste of money   February 7, 2010
Kevin B. (Portland, OR USA)
2 out of 2 found this review helpful

Don't waste your money. This isn't a business for the average joe/jill. YOu better have 6-7 figures to play with the big guys like him. Everyday Investors are not going to make a fortune unless they write a book like this too.


1 out of 5 stars If debt collecting is so profitable, why isnt he still doing it?   August 31, 2009
A. Nesbitt (Antelope, ca)
12 out of 13 found this review helpful

Bill talks about how he became a billionaire in 1998, but leaves out something very important. What happened after 1998? I'll tell you. His company went bankrupt due to fraud. I do not know the full details about it, but I know he had something like 120 multi-million dollar creditors which stinks of some kind of half business half ponzi scheme, but again...i do not know the details of the fraud and I am not claiming that is was ponzi, only that is what it looks like to me.

If I could ask Bartmann a question, it would be "If you had made a billion dollars from this business, why dont you do it again? Why waste time writing books and giving seminars(which is not as profitable)? Why not get back into something you know about instead of doing books and seminars about how you USED to be a billionaire?"

Let me be clear that in his book he never says he lost all that money. He says in his book he made a billion dollars (although I'm not sure that he did, only that GS said his company was worth a billion, not sure he ever had a billion in cash or that his net profit ever totalled 1 billion from his business) I had to do a little searching on my own to find out he lost it all.

If you want to be inspired though, its a decent read. But dont think that this "blueprint" for making money will make you money.



5 out of 5 stars Great book   August 4, 2009
Pamela Bayne
0 out of 6 found this review helpful

A great book that gives a practical step by step guide to start in the Debt buying industry.

Bartmann makes it easy to approach a complex subject.



5 out of 5 stars Perfect for the Time   July 23, 2009
David
0 out of 6 found this review helpful

This book could not have been written at a better time.
Mr. Bartmann conversational style of writing in this book was very effective. It felt like we were sitting at his kitchen table talking about the current debt crisis.

[...]



5 out of 5 stars Bailout Riches is an opportunity   July 19, 2009
Leslie Wallis
0 out of 4 found this review helpful

Great book. Inspirational guide if you can overcome your fears. Everything to start a new life step by step. Bill Bartmann has given all the steps and techniques to be successful, the only thing you need to do is swing the bat and have ago. It is great to see someone giving back and helping others improve their lives.

Showing reviews 1-5 of 34


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