The Part-Time Real Estate Investor: How to Generate Huge Profits While Keeping Your Day Job
It’s Saturday. Time for Burbed’s book of the week!
The Part-Time Real Estate Investor: How to Generate Huge Profits While Keeping Your Day Job
Fortune Magazine states, 97 out of 100 self-made millionaires made their fortunes through Real Estate Investing, and the next 10 years will be a Golden Era for the informed Real Estate Investor. If you are saying to yourself That sounds great but I can t quit my job and begin investing full time. I ve got bills, kids in school, car payments, and a mortgage to support, you re in luck. This new book is for you! You will learn how to become a skilled professional Real Estate Investor who can generate thousands, and yes, even millions of dollars, in your spare time. Unlike starting a retail business where you need to be there every day, you can work a full-time job and invest in real estate on the side, and reap huge profits. The key is time. The real estate investing business is a perfect part-time business because real estate is a business where the assets appreciate and cash flow is generated even when you are absent. This new book will give you the information and advice necessary to buy, finance, and successfully manage a small number of positive cash flow producing properties in your spare time. Investing in real estate is one of the safest and smartest investments you can make. Real estate appreciates at a rate far greater than the rate of inflation, builds equity, provides a steady return on investment, provides cash flow, and can offer substantial tax benefits. With the sound guidance in this book you will be able to retire comfortably and EARLY! A sampling of what s covered in this encyclopedic book includes: how to find below-market deals, investing with little or no down payment, seller financing, foreclosures and REOs, investment property, negotiating, purchase offers, managing rental property, flipping, auctions, tax sales, financing, mortgage terms, agents, cash flow, inspections, contracts, tenants, lease agreements, insurance, taxes and accounting, escrow, essential mathematical calculations, sample forms, development, taxation, exchange rules
Let’s face it, most average tech employees have tons of free time. You get to work at 10, you leave at 5, and you play tons of foosball in between. (What? You don’t?)
Why not use that time to become rich? In your spare time, you can be dealin’ and wheelin’. Just like how you were day trading back in 1998! Nothing could possibly go wrong!
What’s notable is that all the reviews are positive. So… that definitely means this is a good buy.
And when you do become wealthy from this part time endeavor, please help this site out, click this link to learn more!
August 1st, 2009 at 10:45 am
Why would I want to keep my day job when I can “Generate huge profits” in real estate?!
I can’t generate huge profits working at McDonalds…
August 1st, 2009 at 1:12 pm
The real estate investing business is a perfect part-time business because real estate is a business where the assets appreciate and cash flow is generated even when you are absent.
Reminds me of what my boss once said (in late 2006 or early 2007): “Real Estate is the one investment that pays you even while you’re sleeping.” Thing is, the stock market can go up while I sleep too…
I think she was trying to compare it to a job, which doesn’t pay you when you sleep – at least if you get caught!
August 1st, 2009 at 1:17 pm
Come on, even I can make better covers than this one!
August 1st, 2009 at 2:00 pm
Welcome to the bottom: Housing begins slow rebound
Now take a deep breath and exhale. The worst is over.
“The freefall is over,” says Dean Baker of the Center for Economic and Policy Research.
August 1st, 2009 at 2:10 pm
“I think she was trying to compare it to a job, which doesn’t pay you when you sleep – at least if you get caught!”
Not even true if you’re paid on a monthly basis rather than hourly. Or if you work on your own schedule. Or both.
August 1st, 2009 at 2:11 pm
anon – maybe because the huge profits aren’t meant to appear overnight?
have some coffee.
August 1st, 2009 at 2:21 pm
#5 – if I were to be sleeping at the office, I imagine she’d fire me. Doesn’t matter my pay schedule. She’s old school.
If you’re billing hours while you’re sleeping, you aren’t very honest either. Since when does sleep = work? That does remind me of a guy who used to say since he thought about work while he was driving to the office, that counted as actual working time.
August 1st, 2009 at 2:24 pm
> Thing is, the stock market can go up while I sleep too…
You fool. Stock market can also go down while you sleep, whereas real estate only goes up.
August 1st, 2009 at 2:26 pm
Fla. highrise has 32 stories, but just 1 tenant.
August 1st, 2009 at 2:51 pm
nomadic – When you’re paid on a monthly basis, you don’t bill hourly and you get paid the same regardless of the hours you spend. The results you achieve sustain your pay or drive pay raises. If you get the same results in half the time and spend the rest of the time sleeping, then you’re effectively and in all honesty getting paid while sleeping
August 1st, 2009 at 2:56 pm
I realize it’s probably not a very common occurrence to get paid on a non-billed, full-time monthly basis while working remotely. Of course my comment does not apply to 9-5 jobs in offices.:)
August 1st, 2009 at 5:44 pm
I don’t know if it has been posted here or not but I kind of enjoy this video
http://www.youtube.com/watch?v=I6IQ_FOCE6I
August 1st, 2009 at 6:00 pm
I’m not sure how you got off on the tangent of working conditions, DreamT, but it’s clear you missed the point in my original post. Real estate investment is passive income – it doesn’t require ongoing effort; whatever you do on a regular basis for money is earned income – doesn’t matter if it’s an hourly gig assembly cars or writing the next killer app.
The thing I think has taken so many people off guard is that when you invest a large part of your life savings in a 401k via the stock market, you expect fluctuations every year and know that over a long time horizon you’ll be okay. However, in general, people don’t expect their houses to be subject to the same variations. (After all, real estate only goes up!) Normally a house may go down in value a few points, but it isn’t enough to notice if you aren’t selling. But nowadays when you bought a place for $700k and the next thing you know your neighbors are bailing out for $500k, it understandably freaks people out.
August 1st, 2009 at 6:01 pm
(ignore the typos – at a glance I see at least one)
August 1st, 2009 at 7:13 pm
nomadic, maybe your boss never tried working in the government sector.
I think she was trying to compare it to a job, which doesn’t pay you when you sleep – at least if you get caught!
August 1st, 2009 at 7:15 pm
Herve Estater,
I read that article earlier and I was stunned by the writer’s idiotic conclusions, while ignoring their own data. I tried to find the writer’s name so I can blast him/her personally but none was listed.
Welcome to the bottom: Housing begins slow rebound
Now take a deep breath and exhale. The worst is over.
“The freefall is over,” says Dean Baker of the Center for Economic and Policy Research.
August 1st, 2009 at 7:28 pm
> I tried to find the writer’s name so I can blast him/her personally but none was listed.
By Adrian Sainz, David Twiddy, Daniel Wagner, Alex Veiga, Associated Press Writers.
August 1st, 2009 at 9:08 pm
Too many writers – they contradict themselves.
By every measure, except foreclosures, the housing market has stabilized and many areas are recovering, according to a spate of data released in the past two weeks.
How can they say prices have stabilized if foreclosures are still accelerating? Or even if foreclosures continue at the same pace as the last quarter?
They go on to say: In Merrick, about 30 miles east of New York City, homes are starting to sell “as long as they’re priced right,” the agent said.
Sure – that means prices are still finding their way down.
August 1st, 2009 at 10:15 pm
Even worse, they spew sh*t saying that things have improved since January. of course, they’ve improved. It’s called the Spring bounce!
Their data showed that conditions have deteriorated since June 2008!
Either these guys have been bought by the National Association of Retards or they’re just plain stupid.
Too many writers – they contradict themselves.
August 1st, 2009 at 11:30 pm
I don’t see many tech geeks in Home Depot. Do you?
They seem to prefer places like fry’s and halted.
August 2nd, 2009 at 1:18 am
nomadic #13 – I was just responding to a literal interpretation of your statement in #2, quoted in #5 (“during your sleep” as opposed to passive income). Sorry for wasting your time:)
August 4th, 2009 at 7:35 pm
#22 is not posted by me.
August 4th, 2009 at 8:00 pm
#22 – I generally don’t have to commute and can wake up at the time of my own choosing, why wouldn’t I enjoy the wee hours of the night? Especially when it’s so nice to be out during the day.