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Real Estate Investing for Beginners
Real Estate Investing for Beginners
Real Estate Investing for Beginners
Ebook38 pages34 minutes

Real Estate Investing for Beginners

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Real estate investing can be very satisfying. It gives you the opportunity to work for yourself and independently make money on a consistent basis. 

 

It also gives you financial freedom and peace of mind, because you can work whenever you feel like it. You will never have to clock in or deal with office politics. You are not held responsible by your boss, because you are the boss.

 

However, real estate does require work and the competition is fierce. Nowadays, with information so freely available on the internet and in books, many people do not want to climb the corporate ladder.

 

And who blames them. No one feels like working 30-40 years for companies with only 3 weeks of paid time off, barely making enough money to live off, invest for your future and put a roof over you or your family's head.

 

The new trend is to retire early and enjoy a somewhat stress free life. Real estate can truly fulfill this promise and just keep in mind…if you don't do it, then your next door neighbor will!

LanguageEnglish
Release dateOct 12, 2018
ISBN9781393152798

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    Book preview

    Real Estate Investing for Beginners - Giovanni Rigters

    Introduction

    Real estate investing can be very satisfying. It gives you the opportunity to work for yourself and independently make money on a consistent basis.

    It can also give you financial freedom and peace of mind while allowing you to work whenever you feel like it. You will never have to clock in or deal with office politics. You are not held responsible by a boss, because you are the boss.

    However, real estate does require work and the competition is fierce. Nowadays, with information so freely available on the internet and in books, many people do not want to climb the corporate ladder and they would rather take a stab at real estate.

    Who blames them? No one feels like working 30-40 years for a company with only 2 weeks of paid time off, barely making enough money to save for retirement. It’s better to take matters into your own hands by investing in your future and real estate is a great way to accomplish this.

    The new trend is to retire early and enjoy a somewhat stress-free life. Real estate can truly fulfill this promise, but just keep in mind...if you don’t do it, then your next-door neighbor will!

    Chapter One: Starting your Real Estate Investing Journey

    The simplest explanation of real estate investing is to own, purchase, manage, rent, or sell real estate for profit. The goal is to put your money to work in real estate and then, allow it to generate more money for you in the future.

    That is to say that the profit you generate from your real estate investment should be enough to cover the risk you take, including the taxes you pay and other costs that are associated with the ownership of real estate such as insurance, maintenance and property management.

    Real estate is one of the oldest and most reliable asset classes available to investors. Of course, that should explain why it is very popular in the finance and investment circles.

    Investing in rental properties is a sure way of generating steady income (if you run your numbers), because the money (cash flow) you receive in rent from your tenants can be used to pay

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