LANDLORDING – PART OF BECOMING RICH TYCOON
For the vast army of “Mom and Pop” investors, landlording skills are the price you must pay to become lots richer than your snoopy neighbors. Granted, landlording is the most unromantic part of being a wealthy tycoon – but for aspiring real estate investors who wish to make it to the Promised Land – take my advice, learn about landlording at the same time you learn investing skills. Both are inseparable parts of your “becoming rich” plan.
WEALTH MUST INCLUDE RIGHT INGREDIENTS
To make the big bucks in this business, you must hold onto your rent-producing properties. Flip-flopping and selling off assets might sound a little more sexy, but its short lived at best. Selling works in direct opposition to retaining income, depreciation credits and avoiding the tax collector. Combined with appreciation, these are the main ingredients for wealth. Obviously, keeping properties requires handling the tenants, who pay you their money every month – but as your collections grow landlording becomes much more tolerable, and eventually, more fun!
YOUR EDUCATION NO MATCH FOR YOUR TENANTS
Finally, learning “street skills”, as well as rules and regulations in the book, will make your landlording job 100 times easier. You must learn enough street knowledge to gracefully handle tenant intimidation (#1 cause for landlord suicides). Also, you need to learn my special techniques for handling routine renter business by mail, as opposed to personal confrontations or obnoxious phone calls. You’ll totally fall in love with this technique – I promise
If you ask folks who are successful long-term real estate operators what made them that way – I’Il bet I can tell you their answer. It’s their ability or skills to handle the peqp1e who live in their properties! Do-it-yourself investors like me don’t become successful without landlording skills. No one is born with these unique set of skills, but it’s nearly impossible to succeed without them.
To make the big bucks in this business, you must hold onto your rent-producing properties. Flip-flopping and selling off assets might sound a little more sexy but its short lived at best. Selling works in direct opposition to retaining income, depreciation credits and avoiding the tax collector. Combined with appreciation, these are the main ingredients for wealth. Obviously, keeping properties requires handling the tenants, who pay you their money every month – but as your collections grow; landlording becomes much more tolerable, and eventually, more fun!
JOIN ME ON FEB. 26 27 28 AT MY ANNUAL MANAGING TENANTS AND TOILET SEMINAR
FOR DETAILS – CLICK SEMINARS OR CALL 1-800-722-2550.
Finally, learning “street skills”, as well as rule, and regulations in the book, will make your landlording job 100 times easier. This is where I can help you the most. I have years of “tender loving” tenant management under my belt and I’ll share my triumphs, as well as some pitfalls. When you finish my seminar, you’ll have enough street knowledge to gracefully handle most tenant intimidation (#1 cause for landlord suicides). When you learn my special techniques for handling routine renter business by mail, as opposed to personal confrontations or obnoxious phone calls, you’re gonna totally fall in love with my training –
I’LL GUARANTEE IT!
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[...] was talking about this in his post about his landlording seminar. There’s a lot of statements in there that are pretty much sensible such as “selling [...]