“This book is not just a bargain, it’s a steal. It’s filled with practical, workable advice for anyone wanting to build wealth.”–Mike Summey, co-author of the bestselling The Weekend Millionaire’s Secrets to Investing in Real Estate.
The Millionaire Real Estate Investor Summary
I just recently read The Millionaire Real Estate Investor, but it has quickly become the real estate book I will recommend more than any other. The book does an excellent job of explaining the fundamentals and core strategies of successful real estate investing.
I can’t go back in time, but this is the type of book that I would choose as a primary guide if I had to start my real estate career over. As a beginner, I certainly learned a lot of the principles and strategies taught in the book, but I also had large knowledge gaps. If I had used this book as my core model, I think I would have been light years ahead of where I am now.
In one sentence, the book is all about teaching you successful models used by millionaire real estate investors. The book’s author, Gary Keller, did the work of distilling and organizing core principles and practical strategies that you can easily apply for yourself.
The book has useful content for beginners, intermediate, and more advanced investors. The Millionaire Real Estate Investor Pdf Download!
In the rest of this article, I’ll share my favorite big ideas from the book, but just know that I left out dozens of others. I highly recommend you get the book for yourself.
Luck is certainly part of the success equation. People do get lucky. But you can’t control luck. And it swings both ways.
Instead, successful practitioners of anything, including real estate investing, rely on models. And they learn these models by observing and studying past success of others. The Millionaire Real Estate Investor Pdf Download!
Gary Keller defines a model as “a method or system used to produce desirable, repeatable results.”
In gardening a model could be a certain method to prepare the soil, plant seeds, water, and deal with pests. In baseball a model for hitting a ball could be a certain way to stand, place your feet, hold your bat, watch the ball, and swing. In baking a cake, a model could be a certain way to pick and mix ingredients, prepare the baking pan, and then to bake the cake.
The common theme is that following one method leads to one result, and following a different method leads to a different result. In other words, the PROCESS, or the model you use increases (or decreases) your odds of success. A successful model reduces the effect of luck on your end result. The Millionaire Real Estate Investor Pdf Download!
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About the Author
Gary Keller is an American entrepreneur and best-selling author. He is the founder of Keller Williams, which is the largest real estate company in the world by agent count and second in closed sales volume, and units sold.