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This well-organized book shows what a typical life in real estate is like so that newcomers can decide whether the field is right for them. It also offers advice on how to grow real estate investments for people who are already in the industry. Poorvu includes a variety of real world stories about people and their career experiences to make for an interesting read with a practical edge.
Publishers Weekly
This new book by Bill Poorvu trumps any real estate book you ve ever read.
James Grant, editor of Grant s Interest Rate Observer
There are plenty of get rich quick in real estate books. This is not one of them.
Your guide, William Poorvu, is a lifelong real estate investor and consultant, and former head of the real estate program at Harvard Business School. Drawing on his personal experience and hundreds of interviews with many of the most successful real estate investors and entrepreneurs Poorvu illuminates every stage of your life in real estate: creating wealth, growing it, and managing it successfully. He reveals the milestones, pitfalls, and rewards associated with real estate investing, offering powerful insight into the challenges and opportunities you ll face as you start out...scale up...ride the industry s cyclical waves and then leverage, share, or pass along the wealth you ve created.
This book contains dozens of real life personal stories, hands-on checklists, and questions to guide your decisions...and it delivers unparalleled insight into how the real estate industry
really works:
Be strategic: choose your best route into the business
Define your successful real estate career, and learn how to make it a reality
Build your foundation: your first job, your first deal
Spot a great opportunity to add value, and jump on it
Scale up: build and sustain your success
Hire a great team, manage them successfully, and find the capital you need to grow
Survive the downturns: be flexible and nimble
Recognize new realities, adapt to them, and uncover the opportunities they create
Take stock: make the most of your success
Balance your business, wealth, and family