Unlimited Riches (Review and Analysis of Shemin's Book)
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About this ebook
This complete summary of the ideas from Robert Shemin's book "Unlimited Riches" shows that real estate is the best wealth-building mechanism available. As well as being the safest form of investment, it is also the most accessible and most lucrative form of investment you can make. For these reasons, every person should include a real estate investment component in their personal financial planning. In his book, the author explains that the only way to invest successfully is "buy-hold-rent". This summary demonstrates this strategy in detail and how you can use it to guarantee investment success.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your investment knowledge
To learn more, read "Unlimited Riches" and discover how you can make your fortune by investing in real estate.
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Book preview
Unlimited Riches (Review and Analysis of Shemin's Book) - BusinessNews Publishing
Book Presentation: Unlimited
Riches by Robert Shemin
Book Abstract
About the Author
Important Note About This Ebook
Summary of Unlimited
Riches (Robert Shemin)
Book Abstract
Main Idea
Real estate is the best wealth-building mechanism available. As well as being the safest form of investment, it is also the most accessible and most lucrative form of investment you can make. For these reasons, every person should include a real estate investment component in their personal financial planning.
When it comes to real estate investment, however, too many people have a one-track mind. They assume the only way to invest in real estate is buy-hold-rent
– that is, buy a property and hold it long-term while renting it out to someone else. That strategy is only one of many which are available to the experienced real estate investor. Far bigger profits may actually be realized by turning over property quickly, through lease options or even by generating consulting fees from helping others learn how to invest in real estate. That’s the great thing about real estate investment as a career. It is fertile ground for many entrepreneurial activities that can be sparked by the imagination.
In summary, real estate investing really should form the foundation for your own personal financial independence program. The benefits are so overwhelming and compelling as to make this a must have
component.
"Maybe you want to own your own home and learn how to save thousands of dollars on the transaction. Maybe you realize there is no job security in the United States (layoffs, reengineering, and early retirement all equal being fired), so you want to create your own business. Even if you have a great job and things are going well, if you are wealthy and successful, I still challenge you to do real estate investing on the side. You live somewhere right now. If you pay rent, you are probably making someone wealthy. You are contributing to someone else’s investments and security. If you own a home, you are already a