From Rental Property To Money Bags: An In-Depth Guide To Passive Income & Laughing On The Way To The Bank

By Clark Turner

Do Not Invest In Real Estate Until You Read This!

Did you know that over the last two centuries almost 90% of all millionaires started their fortunes by investing in real estate?

Donald Bren, Stephen Ross, Leonard Stern, Jorge Perez, Jeff Greene, and Herbert Simon are just a few billionaires who invested in real estate and the market rewarded them for their risk-taking and forward-thinking abilities.

Do You Want To Build Your Own Passive Income Real Estate Business & Pursue Financial Freedom?

Click "Buy Now" & Grab A Copy Of An In-Depth Guide To Passive Income & Laughing To The Bank!

This is not your typical real estate investing book. Unlike other real estate books that only lecture you on WHY it is important to start investing in property, this easy-to-follow rental property investing guide will help you understand HOW to:

 Find Out If You Are Suited For The Real Estate Market

 Avoid Common Beginner Mistakes

 Identify Real Estate Investment Opportunities

Hire A Property Management Company

Become A Successful Landlord

What's In It For You? How This Real Estate Guide Will Change Your Mindset:

Clark Turner, the author of this eye-opening property investing book and veteran real estate investor, has create a simple yet comprehensive real estate investing for beginners guide that will offer you the opportunity to:

Learn More About Profitable Rental Properties

Understand How The Market Works

Make An Educated Choice

Remember, Landlords Grow Rich In Their Sleep!

If the dream of financial freedom and passive income is keeping you up at night, if you want to become a landlord and generate passive income, if you want to build a real estate empire for your family…

Reading this real estate investor guide is step #1!

What Are You Waiting For?

Click "Add To Cart" NOW & Start Your Passive Income Real Estate Adventure Today!

• Language: English
• Publisher: Clark Turner
• Release date: Oct 22, 2019
• ISBN: 9781393994411

Book preview

CONTENTS

Don’t be tied to the traditional route        1

Let’s examine the average consumer expenditure      1

Why a single stream of income just might not cut it      2

Examining the allure of passive income         4

What makes passive income so great?         4

Rental properties: determining if it’s right for you       8

What makes rental properties seem like such a great choice?       8

How can you tell if being a property owner would be a good fit for you?    9

Laying groundwork to make an informed choice      11

What makes a profitable rental property?        11

Tips for buying your first rental property;        13

What you should know about property classes      13

Get as much information as you can before making your first purchase    15

Selecting your property of choice: what next?         17

Should you hire a property management company?        19

Now that you are a landlord          21

Now that you are a landlord, what to expect...         21

Going at it alone, what to remember        21

DON’T BE TIED TO THE TRADITIONAL ROUTE

Imagine not having to work every day to earn a living? Where instead of the need to work, you could simply choose whether to or not? No rushing to stuff yourself into your clothes, still groggy with sleep, while you take one last longing look at your bed, then grab a cup of coffee on the way out to shake off the last of the cobwebs. Imagine not having to navigate the early morning commute or race against time in the mornings. How? By building passive income.

You’ve probably been told the same thing as everyone else; go to school, get a job, take a loan for your wedding (possibly have kids), house, car, maybe some furniture, work 30+ arduous years to pay off the debts and hopefully have enough left over to retire on. Although, this might go a different route for you if you have a trust fund or some family money to inherit.

There IS a different way to live. You have more choices than the traditional route. Of course, you could, if you please, but you are not restricted to it.

If you are reading this book, then you have likely started to investigate several means to augmenting your current stream of income already. This may either be because your current stream of income is not meeting up with your ever-increasing expenses or you’ll simply like the idea of having some extra funds stashed away.

Let’s examine the average consumer expenditure

According to the Bureau of Labor Statistics' (BLS) 2018 Consumer Expenditure Survey, the average American household's income is about $78,000 yearly, before taxes. This includes wages and salaries, income from self-employment, Social Security and retirement sources.

Here’s a breakdown of some of the main annual expenses from the Bureau of Labor Statistics data:

$7,923 was spent on food ($4,464 on food at home and $3,459 on eating out)

$20,091 was spent on housing costs.

$1,866 was spent on clothes and other related services

$9,761 was spent on transportation, including gas