Bag om Real Estate Exposed
I read Rich Dad Poor Dad by Robert Kiyosaki more than a decade ago and it changed my life! While the characters in my opinion are mostly fictional, the lessons are real. The main conclusion is that you should only live off money made from cash generating assets and you should put as much of the cash from your employee income into these assets. One of these assets is real estate. I was so intoxicated by the simplicity of that conclusion that I set out to make it my reality. Unfortunately, I found myself a fish out of water when I was hit by the reality of how little I knew about the legal, tax, and finance involved with buying, selling, owning, or renting a real estate property. Discouraged but still determined, I put my energy into learning this process early in my career. I even went ahead and applied for my Real Estate License so I could shave 3% of the commission fees. Rich Dad never applied for a Real Estate license, and you don't need to either. What you do need are straight forward, simple, concise, and real lessons to boost your confidence and manage this process successfully. This series on Real Estate covers the basics of what a real estate agent, lawyer, tax specialist, and investor need to know to advise their clients. However, this is not meant for the professionals whom I couldn't afford when I got into real estate. This series is meant for everyone else--the 12 million people buying and selling their home each year! The young couple buying or building their first home. The homeowner looking to sell their home because they're looking to upgrade or because they're facing financial hardship. The family that wants to rent out their old home or a bedroom in their existing home. The landowner who is faced with new zoning laws. The heirs to a real estate property navigating a probate period. The list of people who could benefit from being more knowledgeable is long because knowledge truly is power. In this book we'll learn about:
1. What is Real Property
2. Different types of property from single family to condominiums, cooperatives, and manufactured homes
3. Encumbrances on the Title of a property including liens and easements
4. Why Trusts are important in real estate and how property can be protected
5. How to value a property and what to think about if this is your first investment If you are going to spend money on Real Estate then this series is an important short-term investment in your education that walks you through the entire process of buying or selling a home. More than half of first time home buyers are surprised by the process and the hidden fees that they often decide to postpone their decision until they are better prepared. By reading this short series, you'll be leagues ahead of the average person and will have the confidence to tackle this process like a champion. The Real Estate Series Includes the following books:
1. PICKING THE RIGHT AGENT
2. NAVIGATING PROPERTY OPTIONS
3. FINDING THE RIGHT MORTGAGE
4. BUYING, SELLING, AND LEASING AGREEMENTS
5. CLOSING THE DEAL
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