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Summary of The Book On Rental Property Investing 

4.7 . 5026 reviews

Short summary

Every month, many people find themselves running out of cash. No matter how carefully they budget, they still cannot help being broke. It might look nearly impossible, but there is a way to create sustainable wealth for yourself over time. This summary shares advice on how you can improve your finances and live more comfortably through investment in real estate. Brandon Turner is a real estate entrepreneur and the VP of Growth at BiggerPockets.com — one of the web's largest real estate investing communities. In this summary, he addresses every aspect of the real estate business, showing how instrumental taking instructions can be in the journey to financial freedom. Emphases are on the usefulness of time and hard work, as these are vital ingredients to successful entrepreneurship. “Real estate can provide the best, safest, fastest path to financial freedom compared with any other method used to build wealth.” ~ Brandon Turner

Table of content

  • Summary of The Book On Rental Property Investing
  • About the author
  • What is The Book On Rental Property Investing about?
  • Who should read The Book On Rental Property Investing
  • Topics in The Book On Rental Property Investing
first key point

Success in rental property investing comes only with patience and hard work

Listen the first key point
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No matter how high your dream is, real estate investing can help you achieve it. There is nothing wrong with wanting a better car, house, or job, but you need to bear in mind that you can only get them when you take action. You need to get up and do the work because even though it is true that real estate can change your life, it won’t happen by magic.

To begin your journey into rental property investing, you need to change how you look at life, finances, and real estate. You need to envision a different life for yourself, one not suggested by your parents or the media. This requires you to step out of your comfort zone and reconstruct a new path for yourself.
By learning from others’ collective experiences, you can find greater success faster and without any drama.
Rather than sticking to conventional jobs, real estate is a new and efficient way to build your portfolio and earn money without stress. As long as you are willing to put in the work needed to learn and improve yourself, you will make as much progress as you want.

This summary is filled with lessons gathered from the members of the BiggerPockets community aimed at helping you gain perspective into the real estate business. So, keep reading if you are interested in creating wealth and passive income thrush smart buy and hold real estate investing.
second key point

You need to understand the intricacies of real estate before you progress in the business

Before you begin buying and selling properties, you must be ready for its rigors as it requires that you brush up on your marketing. You also need to possess a drive for success and pinpoint what makes real estate a desirable business.
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third key point

One can succeed faster by committing to the core elements that make up rental property investment

fourth key point

Owning a standardized property model and sticking to it can boost your wealth greatly

fifth key point

Knowing the right property to acquire will make you stand out as a rental property investor

sixth key point

To succeed in rental property investing, you need to hone your marketing skills and learn how to negotiate

seventh key point

You have to show commitment and get adequate insurance to succeed in the real estate business

eighth key point

Managing your business well will ensure that it continues to yield returns even after you retire

ninth key point

Conclusion

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What is The Book On Rental Property Investing about?

Who should read The Book On Rental Property Investing

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Do you find yourself staring at your computer for long minutes, unaware of time slipping by? Do you enter a room and suddenly cannot remember why you stepped in the first place? Is it a herculean task for you to sit through ten pages of a book without reaching for your phone? If yes, your focus needs some work and fast.

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