Americans want to build wealth, but few people really know how. We show our clients low-risk ways to invest in rental property, so they can enjoy financial security.
If you’ve never cashed a rent check, you’re a novice. That’s how we all start. I was a novice for a long time until I decided that rental ownership was the right choice for me, and I’ve helped clients who were novices become successful apartment investors.
When I met siblings Maria, Juan, and Jose, they were novices. They each owned their own homes, but not one of them had $50K of liquid assets. They each refinanced their homes and came up with a total of about $250K, which they used to buy a fourplex.
If you’re a novice, you need to do two things. First, decide if apartment investing is a good choice for you. If it is, then you must assess how ready you are to start investing. Here’s your reading roadmap. See the Table of Contents for details.
- Read the Introduction (if you haven’t already).
- Skim the The Wealth Escalator and Your Investment Life Trajectory sections.
- If real estate investing seems like a good choice for you, read the section titled Increase the Odds of Your Success. One key thing you will need to do is assess your readiness to invest. For that, flip to Appendix B, Are You Ready to Invest?
Siblings Maria, Juan, and Jose decided they wanted to progress along the apartment wealth-building route. They closed on their first property and cashed their first rent check. They were on their way to being apprentices.