‘Landlording’ isn’t a verb but it ought to be. I define it as everything involved from finding an income-generating property (very difficult in today’s market), to managing its operation, protecting yourself against tenant abuse and government bias, setting up property legal and accounting structures, embracing the power of digital management, and ultimately extracting  value to finance the next property.

Who'll Benefit From This Book

This course is for would-be and first-time investors, realtors unfamiliar with commercial investment properties, property managers wanting to better understand the owner's perspective, and existing real estate investors who want to increase the value of their property and maximize their return on investment. 

What I Achieved and Why You Can Too

I didn't have any special benefits, a silver spoon, financial gift, insider information, or any other 'head start' that gave me a preferential advantage over any other investor or realtor. Anyone with some ambition, a tolerance for low-to-medium risk, drive, perseverance, determination, common sense and patience can duplicate what I did. I left a 35-year career in I.T. when I realized I wouldn’t be able to retire to the life to which I would like to become accustomed. I took $230,000 of equity from my average suburban home and bought my first 11-unit apartment building sixteen months later. You might need to start with a smaller nest egg but the mechanics, processes and numbers are otherwise the same. Within five years I owned two 11-plexes, one 9-plex and two 6-plexes, and recovered all of the initial deposit originally secured by my home. The portfolio of 43 rental apartment units is valued at roughly $5.4 million. I re-financed my first property (purchased 5 years earlier) to provide me with enough down payment to purchase my next 8- to 11-unit rental property.