When it comes to taking advice it is always better to listen to those who have actually experienced the things they talk about directly. This was something which I learnt quite early on in my real estate career and it’s a principle I totally believe in and apply in my courses.

Over a real estate career that’s span the best part of a decade I have bought single-family dwellings, sold them, flipped and held on to them. I have put money in multi-family dwellings, set up multiple income streams, bought more multiple-family dwellings, sold some of those, kept many and managed to create a property portfolio that reduces my exposure to market and tenant vagaries, gives me a recession-proof source of income and has few or none of the drawbacks that are traditionally associated with owning multi-family dwellings.

That’s right. You heard right. I own over 4,000 apartments in six or more states and I do not see a single tenant, do not come into contact with a single tenant and do not have to field emails, letters or phonecalls from any of those living there.

I have achieved this because I learnt, early in my career, that real estate is as subject to economies of scale as everything else in our economy and can be made to increase profit margins by squeezing the operational costs thought the correct leveraging of volume.

A professional apartment management company runs everything on my behalf and I am free to close more deals, work to expand my portfolio and live the life I want. It is not magic and it does not require constant hard work but it does require smart work and the smart money, these days, is into properties that house more than a single family for the very simple fact that the work required to run them and the operating costs are about the same while the returns and the safeguards you have are a lot more attractive.                

The secret to all this of course is knowing exactly what kind of strategic thinking you can apply to all this, when and how and this is just the kind of experience-based, insider knowledge I cover in many of the home study courses and workshops I run. My approach to these is that I provide exactly the kind of knowledge I wish I had had access to when I was starting out in my real estate investing career and learning through mistakes.

This way I know that those I work with are fully prepared to make their dream of total financial freedom a reality.