Introduction to My New Book - Building a Financial Fortress: Getting Started in Real Estate Investing
Coming soon to Amazon:
Introduction
“It takes money to make money.” How many times have you heard that? While it’s true that many investment opportunities require a significant amount of up-front cash (and real estate is certainly one of them), why let that stop you? There are other rationalizations for not wanting to invest in real estate:
· I don’t want to be a landlord
· I don’t want to fix light bulbs and toilets
· Too many headaches
· It’s too risky
· It’s too complicated
· I don’t have the time for it
I had many of these same thoughts about 10 years ago, when I bought my first investment property. Because I knew that investing in real estate is the best way to build wealth over time, I had to overcome each one through self-motivation, self-education (I bought and read several real estate investing books) and developing a real estate investing strategy that worked for me and met a few basic, but important requirements:
· Minimize up-front cash investment required, because I didn’t have much to start with
· Minimize cost of ownership of the property
· Find a good property in a good location with potential for appreciation
· Achieve positive cash flow
· Reduce risk
The most important requirement for me was to have fun and enjoy the process of becoming a real estate investor. Life is too short not to enjoy what you are doing.
In this book, I will walk you through the process of identifying, purchasing, owning and selling investment real property and many of my “lessons learned” along the way. I will also explain the system that I used to achieve my investment objectives.
After reading this book, you should be able to move forward confidently with your own program to invest in real estate and grow your wealth and cash flow!
Nick Reichert
August 2014
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