Every investor knows that a diversified portfolio is the key to success. What many investors don’t realize is that they need to go further than some stocks, some bonds, some ETFs, and maybe some crypto. There is one asset class that stands out as the number one moneymaker throughout the better part of recorded history—real estate.
Savvy real estate investors take advantage of an asset class that stands to deliver returns many times over and in a variety of ways.
Real estate investors make money through:
- Rental income
- Property appreciation
- Profits generated by business activities
- Profits from the sale of properties
These characteristics unique to real estate produce robust passive income streams, stable cash flow, tax advantages, and excellent investment diversification
As with any investment activity, real estate investments carry risk. Real estate, however, is generally considered to be a more stable investment than volatile stocks or fluctuation cryptocurrencies.
Anyone Can Invest in Real Estate
The real estate investment community has exploded in the last twenty years, due in part to the abundance of moneymaking opportunities that have emerged as well as a higher degree of transparency and exposure for the industry at large.
Despite this growth in popularity myths abound regarding who can and can’t be a real estate investor, how much money new investors need, and what it actually takes to get started taking control of your own financial future through real estate investment.
That’s where new book Real Estate Investing QuickStart Guide by Symon He come in. Symon is a mentor, consultant, veteran real estate investor, and course instructor over a decade of experience in the real estate investment field. He understands what new investors need to do in order to get started fast and, perhaps more importantly, the disastrous mistakes they should avoid at all costs.
His new book breaks down his 15+ years of real estate investing experience and success into a simplified approach that is easy to understand, highly actionable, and exceedingly approachable. Packed with helpful graphics, illustrations, and helpful examples, Symon’s Real Estate Investing QuickStart Guide is an indispensable resource for new and veteran real estate investors alike.
At every turn the contents of the book bring home Symon’s message and core belief which is summarized as follows on the back cover of the book.
No matter how much money you have to start with, how much time you think it takes, how old (or young) you think you have to be, or if you think all the “good deals” have already been snapped up, Real Estate Investing QuickStart Guide will show you that anyone can get started when armed with the knowledge contained in this book.
Who is Symon He?
Symon He, MBA, is an author, best-selling online business and real estate investing course instructor, licensed real estate investor, and consultant based in Los Angeles. His training courses in real estate investing, deal structuring, and financial modeling have reached over 300,000 students in nearly 180 countries.
His real estate investing expertise has been cited in numerous prominent media outlets including the Wall Street Journal, Reuters, Forbes, CNBC, and Skift. He has previously partnered with prominent finance luminaries such as RichDad.com of Rich Dad, Poor Dad fame.
Mr. He’s consulting services help private real estate investors make smart acquisitions and profitably structure their deals. Previous to this line of work, he was the head of marketing analytics at the Panda Restaurant Group. Before that, he worked as a manager in the global M&A unit for Ingram Micro, a Fortune 80 company. Going even further back in his professional career, he worked on commercial real estate acquisitions at a private equity real estate fund, covering a wide range of asset classes across the western United States.
Symon received dual degrees in computer engineering (magna cum laude) and economics (summa cum laude) from UC Irvine and received his MBA from Stanford University.
What’s Inside Real Estate Investing QuickStart Guide?
Below we’ll take a look at the general outline of what the book covers but one of the things that sets this book apart from other titles on the subject are the digital bonuses that come with it. In addition to a small trove of new investor tools developed by Symon the book comes with over 8 hours of free course content (this may be a limited offer – double check before purchasing).
Let’s get into the book.
Real Estate Investing QuickStart Guide is divided into 4 key parts.
Part I: Becoming A Real Estate Investor
This portion of book sets the stage for the information to come.
Chapter 1: Is Real Estate Investing For Me sets expectations and dispels some of the common myths that soon-to-be investors may have been exposed to. It covers the risks and rewards of real estate investing.
Chapter 2: The Vehicles Of Real Estate Investing breaks down the various methods real estate investors use to produce revenue, specifically residential, commercial, and raw land. In the next chapter titled Investing Methods, Symon breaks down the difference between direct, indirect, and non-investing approaches to real estate.
This section closes out with Chapter4: Recruiting The Dream Team. In this chapter we get a thorough look at why real estate investment—like so many things in life—benefits from relationships with other professionals
Part II: Analyzing Your Investment
This is the section where Symon gets into the meat of the material (so to speak). It starts with Chapter 5: Finding Your First Deal. This is the part I think most readers want to skip to, but resist the temptation. The prior chapters have good info in them and they are important to set the stage. The next chapter Deal Or No Deal? Breaks down how investors can determine one of the most fundamental aspects of successful real estate investing—whether or not they stand to make a profit on a given deal. These concepts are expanded upon in Chapter 7: The Deep(er) Dive Analysis.
Once you are confident you have deal that makes sense (and profit) for you, you’ll need a way to finance it. Chapter 8: Right On The Money: Financing explores what new investors need to know when it comes to debt, debt leverage, and how to secure the financing they need to grow their real estate investment business.
Part III – Day-To-Day Operations
If you’re reading this book in order, by now you’ll have a good grasp on what it takes to get started. But, to state the obvious, that’s just the beginning. Investors who want to capitalize on the potential of real estate to produce a passive income stream will need to develop a rental portfolio. Chapter 9: Landlording Essentials covers everything you need to know with regard to property management, tenants, and the contracts that govern rental relationships.
The next chapter is entitled Protecting Your Investment and it describes in detail the ways that the valuable income steam that comes from having tenants can be protected. Of course, real estate investment isn’t just about the income stream. In order to sell your investment at a profit, you will have to add value to the property.
That’s exactly what Chapter 11: Adding Value covers.
Once you have added value, you’ll have to exit the investment—assuming you want to sell and stop collecting your passive income. Chapter 12: Planning Your Exit provides all of the information you need to know to rea[ the rewards of your investment activities.
Part IV – Expanding Your Portfolio
Symon closes out his book with the a template for new investors to take the next steps, look to the horizon, and grow their businesses. Chapters 13 and 14 cover the intricacies of investing in multifamily real estate and commercial real estate respectively. And, as I mentioned earlier, Symon makes it clear that finding success with real estate investment isn’t something that’s easy to do if you’re flying solo.
The final chapter entitled Working With Partners, discusses the ways in which a successful investors works with others and builds a professional network.
Published by ClydeBank Media, Symon He’s Real Estate Investing QuickStart Guide is an excellent jumping off point for anyone who has ever considered building true, lasting wealth through real estate investment. If nothing else, this books makes it abundantly clear that real estate investment is a moneymaking prospect for anyone, no matter what preconceptions they may have about getting started.