How To Quit Your Job With Rental Properties: A Step-by-Step Guide To UNLOCKING Passive Income By Investing In Real Estate Download Free (EPUB, PDF)

                
              
How To Quit Your Job With Rental Properties: A Step-by-Step Guide To UNLOCKING Passive Income By Investing In Real Estate Download Free (EPUB, PDF)
The problem that affects almost everyone today is being stuck in a career they hate. People are conditioned to work their lives away for someone else and only get paid for the hour they work. How would you like to quit your job today because you have enough passive income to live off of? Follow the proven path to financial freedom that many have already successfully navigated.How to Quit Your Job with Rental Properties is written by Dustin Heiner, an active real estate investor who has created enough passive income to quit his job. He is the author of the popular passive income idea website www.MasterPassiveIncome.com. This book contains step-by-step training to help you acquire rental properties to allow you to quit your job and be financially free so you will never have to work again. Designed for the newbie or seasoned pro, anyone will learn how they can earn passive income from rental properties and quit their job. In this book you'll learn how to:•Develop a mindset that will help you focus on building passive income•How to stop trading your life hours for dollars and make money as the rich do•Understand how rental properties are the best passive income generators•Step-by-step process of how build your rental business from the ground up•The four ways rental properties make you money•How to get at 780% return on your money•How to make monthly cash flow to exceed your expenses•Step-by-step process of finding your first rental•Ultimately be financially free with passive income in rental propertiesBuild your financial future with passive income in rental properties and quit your job!
File Size: 2070 KB
Print Length: 178 pages
Simultaneous Device Usage: Unlimited
Publisher: www.MasterPassiveIncome.com; master1.1 edition (September 24, 2015)
Publication Date: September 24, 2015
Sold by:  Digital Services LLC
Language: English
ASIN: B015S48DGK
Text-to-Speech:  Enabled
X-Ray:     Not Enabled
Word Wise: Enabled
Lending: Not Enabled
Enhanced Typesetting:  Enabled
Best Sellers Rank: #13,693 Paid in Kindle Store (See Top 100 Paid in Kindle Store)   #4 in Kindle Store > Kindle eBooks > Business & Money > Real Estate > Investments   #5 in Kindle Store > Kindle eBooks > Business & Money > Job Hunting & Careers > Job Hunting   #15 in Kindle Store > Kindle eBooks > Business & Money > Job Hunting & Careers > Career Guides
I thought this book was well written. The author gives you a step-by-step guide on how to start a real estate rental business. The basic method is to go buy a house with little money down (about 20%) and take out a mortgage. Then offset all the expenses with the rental income. The author aims to hit about $250-$350 /mo in net income for every $100k invested in a property. After your first year, then he wants you to repeat the process and buy more homes on mortgages.Personally, I think this is a very risky method of investing because you are dealing with large mortgages and you have a lot of expenses to deal with. I found his math and arguments on return on investments (ROIs) to be creative. He likes to say you make more money with little money down vs paying for a home all in cash. He basically does not see the mortgages as an immediate loss and uses hypothetical situations to enhance returns.I believe you could be successful with this method of investing but it would be best suited to an individual with a very stable and high income job. For example, someone employed by the government, successful business person with cash to spend, or a professional who can handle large mortgages and high expenses. If you have no money or your job situation is unstable, I would not attempt these methods of investing. Although he argues you can quit your day job, I would say keep your job so you can make it through several bad months. Just be careful and use common sense when you are dealing with debt. It's a good book and worth the experience reading.
I admit that I purchased this book How To Quit Your Job With Rental Properties; A Step by Step Guide To Unlocking Passive Income by Investing In Real Estate by Dustin Heiner as a way of helping me to further understand the way a real estate investor and/or seller thinks in order to help me achieve my intent to purchase a completely paid for home (new or an older fixer upper)for my husband and I by the years 2030-2031 or sooner. However, I also write this with the understanding that I might change my mind and want to go about being a real estate investor somewhere down the road. Anyhow, this kindlebook gives ideas for the ways a person can insure their real estate investment, there is also a helpful goal setting section such as obviously starting with the end goal in mind, an example of a rental home that costs $100,000,finding your target income amount, the author informatively compares a $100,000 single family home built after 1980 compared to a $40,000 single family home built after 1950, and more.
This book provided some very good insights to someone considering real estate as an asset to generate passive income. It is helping me more realistically assess whether purchasing real estate suits my risk tolerance - which very important before making the commitment. I would recommend this book to readers at all levels; but especially to those considering real estate as a long-term investment option.
This book covered a topic very dear to my heart - passive income. Passive income for me means a lot more than just the money that I earn, rather it represents the freedom to do what I want and follow my own dreams instead of building someone else's. I've been in the property game for a few years like Dustin and although as a Canadian I don't have access to the same kind of lucrative (100-150k) housing markets that exist in the states I still invest in real estate for the long term.Let me say, I've done my research and spend an inordinate time buying and finding my first two rental properties and Dustin knows what he is talking about. This book is basically a manual on how to invest in real estate. Combine this with my favorite podcast (deeper pockets) and you have almost everything you need to start learning about investing and make this happen.You might be skeptical of this kind of "quit your life and live the passive income dream" stuff, but let me tell you it's real. Especially buying at the 100-130k price point you have a huge market of houses open and available to you to generate serious passive income.Whether you're an experienced investor or someone who is just curious about this idea this book is a goldmine of information. It's worth the price for sure. I've paid hundreds for real estate conferences where they cover the same information in 1/10 of the depth that Dustin goes it.Do yourself a favor and invest in yourself. Buy this book.
This book is great for all types of investors. If you are beginning your investing business or already have one going, How to quit your job with rental properties will help you build your business even more. The extensive section on property managers is terrific. I recommend this book to anyone who wants to invest in rental properties as well as quit their job.
Outstanding ! This book provides - step by step guidance concerning WHAT to do, WHY do certain things and HOW to take action. Your hand will be held through the entire process and there are multiple tools (charts, graphs, tables, audio book) provided to coach you through the journey of property investment. Clearly this author is on a mission to teach and empower us to break free from the chains of the J.O.B !Get the book and start your productive journey. Thanks for caring enough to write and share this material.
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