Who is this for?
This is for folks serious about making real estate a part of their career, maybe even their entire career. Maybe you have some cash, maybe you have some operational experience, maybe you're looking to buy your own deal or invest in someone else's. Maybe you just don't want to be taken advantage of in a deal and want to know the basics.
This will help you understand the pros and cons of real estate, from the tax efficiency to the risk factors. You'll be able to have an educated conversation with investors, sponsors, bankers, brokers, and more.
This is dense. I get it.
Chapters can (and should) be skipped or skimmed or underlined and studied. It is a springboard to your learning. Google is your friend. Keep it handy. We cover a lot on the surface and we dig deeper on the things that are important.
Keep in mind this is one guy’s point of view. There are thousands of ways to do this and a lot of ways to win. Get a lot of advice, and as I said, do a lot of your own research.
Do I recommend taking this course and diving right in headfirst with your first multimillion-dollar purchase? If you've got the operational chops and the cash, then sure.
But I'll give you the tools to answer that question for yourself.
Before the internet and before folks could get their hands on things like this document you are reading right now, there was one primary way to get into real estate:
Win the birth lottery.
The folks who own the vast majority of real estate in our country were born into real estate families. They came of age, entered the business, and had access to the two most precious resources in existence when it comes to real estate: knowledge and capital.
But times are different now and knowledge is everywhere. Capital is everywhere.
So, where should you start if you didn't win the birth lottery?
Right here! Let’s dive in!