The book Real Estate Investing for Dummies is actually a very helpful resource when it comes to real estate investing. It helps break down some of the complex aspects of real estate investing into easy to understand pieces of information. This is a great book to read if you want to learn more or are just getting started!
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Hi, I’m Chimene Van Gundy, bestselling author and mobile home millionaire and in today’s video we’re going to talk about real estate investing for dummies. Now there actually is a book called real estate investing for dummies where it breaks down some very complex things about real estate into easy to understand information. One of them is your four buckets of money, which is appreciation, depreciation, cashflow and lease options. Loving those buckets of money. They also help you figure out the NOI. An NOI is your net operating income, so that gives you your total of what you would actually profit and it would take for you to run it. Then they also break down what an LOI is. An LOI is your letter of intent. That’s something that you’re going to send whenever you want to make a purchase for real estate. And lastly, they even teach you how to make an offer and cut through some of those false beliefs. I hope that this video breaks down real estate investing for dummies for you and go out and learn all you can and become a cash creator.
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