Creating and Growing Real Estate Wealth: The 4 Stages to a Lifetime of Success

Description

I picked up this book because I also read Poorvu's other book The Real Estate Game. This book is another great one by this author. He teaches readers how to enter the real estate industry, do the first deal, and gain experience and success in real estate. This book is unlike others that try to persuade you that real estate is the fastest way to get rich. This one is different because the author truly describes the realities of the real estate industry. Real estate may be considered a single industry, but for most participants it is a local business. It is also a cyclical business, but the author says that being a contrarian and going against the crowd can have great advantages over the long term. Also there is no one recipe for success. Players can specialize in different niches. I think readers will find the section on how to enter the industry particularly helpful. The author says that the real estate industry has almost unlimited points of entry because the craft can be practiced in any community, and it comes in all sizes, shapes, and price points. He also points out that it is important to get a job under the right person because it is crucial to have the right mentor who will spend time with you, share experience, challenge you, and introduce you to others. I totally agree with this. I think that people who are serious about real estate will find this book extremely valuable. - Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market