The Real Estate Millionaire: How to Invest in Rental Markets and Make a Fortune

Contents......Page 10
Introduction: Real Estate and Why We Love It......Page 14
So Who Am I?......Page 15
What’s So Magical About Real Estate?......Page 16
But How Do You Do It?......Page 17
So Let’s Get Started!......Page 18
Passive Income, Passionate Life......Page 22
The Magic Word That Turns One Property into Five......Page 24
Appreciating Appreciation......Page 25
Did You Know about All These Tax Benefits?......Page 26
Leading a Rich Life: Important Things Not to Lose Sight Of......Page 31
Action Points: Stepping into Your New Identity......Page 33
2. Identify Your Niche......Page 36
Investment and the Niche......Page 37
What Happens If You Don’t Know Your Niche?......Page 41
The Greatest Niche: Community......Page 44
To the Bricks and Mortar......Page 45
Action Points: Finding Your Niche......Page 51
Targeting the Right Neighborhoods......Page 58
The Five Senses......Page 63
Playing Both Sides......Page 68
Action Points: The Real Estate Notebook......Page 72
The Obstacle......Page 74
Inspiration versus Commitment......Page 75
Action Point 1: Design Your Five-Year Dream......Page 76
More about Commitment......Page 83
Moving beyond Knowledge......Page 84
1. Finding the Spark of Inspiration: A Resource List......Page 85
2. Putting Yourself Out There: How to Start Talking and whom to Talk To......Page 88
3. Allocating Time: The Effort versus Success Model......Page 90
Action Point 2: The Real Estate Calendar......Page 92
Capital Source #1: Home, Sweet Home Equity......Page 94
Capital Source #2: All You People, Come Together......Page 103
Capital Source #3: Sweat Equity......Page 105
Creative Capital: The Good, the Great, and the Ugly......Page 107
Action Points: Your Credit Report......Page 115
The Easiest Way to View It All: Cash-on-Cash......Page 118
More on Income......Page 121
More on Expenses......Page 122
The Red Zone......Page 128
Income versus Potential Income......Page 133
Construction Investments......Page 136
7. Closing the Deal......Page 142
The Big Picture......Page 143
Let’s Make a Deal: A Who’s Who......Page 144
Let’s Make a Deal: The Process......Page 149
Action Points: Emotions versus Facts......Page 155
The Infield: Your “Office”......Page 158
The Finders......Page 159
Show Me the Money......Page 161
Professional Services......Page 164
Property Services......Page 167
It’s Good to Be King......Page 168
Action Points: Assembling Your Team......Page 171
Recharge Your Batteries......Page 174
Staying on Top......Page 179
Over Your Head......Page 182
The Value of Your Name......Page 183
Action Points: Your Name, Your Future......Page 185
The 22-Month Real Estate Millionaire: How I Made My First Million Dollars......Page 188
Where to Next? Becoming a Mogul—and Beyond......Page 193
B......Page 200
E......Page 201
M......Page 202
R......Page 203
Z......Page 204
B......Page 206
D......Page 207
G......Page 208
K......Page 209
M......Page 210
P......Page 211
R......Page 212
T......Page 213
Z......Page 214