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The saying "knowledge is power" is especially true when it comes to investing in real estate. The world of real estate has its own risks and it pays to be educated before stepping in. Taking the ...
5. Real Estate Investment Trusts. Real estate investment trusts, or REITs, are companies that own portfolios of income-generating real estate and related assets. A REIT can own just about any type ...
In Cardone’s book, How to Create Wealth Investing in Real Estate, he emphasizes the importance of calculated risk-taking. The conditions have to be ripe for it to be a wise, fruitful investment.
What's best about this book is the charismatic Shemin's wit and support, making feeling good about yourself a priceless benefit." [13] "Secrets of a Millionaire Real Estate Investor" was also a best-seller for Shemin. Other books by Shemin include "Secrets Of A Millionaire Landlord" [14] [15] and "40 Days to Success in Real Estate Investing". [16]
The book discusses American economic problems including the middle-class squeeze, economic globalization, and the national debt of the United States. The authors advise the reader to gain financial literacy and delve into entrepreneurship. Trump and Kiyosaki criticize mutual funds and advocate real estate investing as a way to build wealth.
Buy, rehab, rent, refinance (BRRR) [13] is a real estate investment strategy, used by real estate investors who have experience renovating or rehabbing properties to "flip" houses. [14] BRRR is different from "flipping" houses. Flipping houses implies buying a property and quickly selling it for a profit, with or without repairs.