Make Money With Real Estate

Reviewed by Diario de un Inversor · UpdatedJune 13, 2026

Our review

Carlos Devis built a massive audience in the Spanish-speaking world by teaching real estate investment with accessible language and an action-oriented approach, and that style is directly reflected in this 2018 book. The text presents a step-by-step system covering everything from opportunity identification to rental management, including financing and renovation. Devis' strength is the operational side: how to find discounted properties, how to negotiate with banks and private sellers, and how to add value through strategic renovations. His target audience is the Latin American investor with limited capital seeking an entry point into the real estate market, and for that profile the book delivers reasonably well. The limitations are common to the genre: the tone is systematically optimistic, success cases outnumber failure cases, and legal, tax, and market differences between Latin American countries mean some advice is not directly applicable in all contexts. For Spanish readers, additional effort is needed to adapt the content to the local legal framework.

Key takeaways

• Discounted properties are not found on mainstream portals but in specific situations: divorces, inheritances, owners with financial urgency.
• A well-executed renovation can turn a mediocre-yield property into a positive-cash-flow deal without additional capital.
• Negotiating financing terms is as important as negotiating the purchase price; the cost of credit determines the real viability of any deal.
• Starting with one well-managed property teaches more than studying ten books on the subject.

Fact

Carlos Devis has over 30 years of real estate investment experience and has trained investors in more than 15 countries across Latin America and Spain, according to his published biographical materials.