BRANDON TURNER - HOW TO INVEST IN REAL ESTATE;THE ULTIMATE BEGINNERS GUIDE TO GETTING STARTED

How to Invest in Real Estate

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PRAISE FOR

How to Invest in Real Estate

To put it simply: This book is going to change lives; a lot of lives!

Matt Aitchison, 7-figure real estate investor and host of The Millionaire Mindcast Podcast

Ive dabbled in real estate before, but I never fully understood what I was doing. What Joshua and Brandon have compiled is essentially the ultimate treasure map in understanding every facet of investing in real estate. From getting your own personal financial house in order to finding and exiting deals, you will find yourself referencing this book over and over again in your journey.

Jim Wang, Founder of WalletHacks.com

I think this should be required reading for anyone considering real estate investing, and for that matter, anyone joining BiggerPockets.

Ben Leybovich, real estate investor
and Founder of JustAskBenWhy.com

This book will give you the context and direction you need to get your investing business off the ground and will allow you to kickstart the process of real estate freedom and profits.

J Scott, Author of The Book on Flipping Houses,
The Book on Estimating Rehab Costs, and
The Book on Negotiating Real Estate

Pulling from the deep wealth of talent and experience that comprise the BiggerPockets community, each chapter and topic is peppered with anecdotal stories from different investors to add color and context to relevant concepts. I only wish this book had been written in 2005 when I was starting my real estate investing journey!

Ken Corsini, real estate investor and
star of HGTVs Flip or Flop Atlanta

Dorkin and Turner have really laid out a clear, straight-to-the-point guide to achieving success through real estate investing. The real estate industry is huge, and often complicated, but this book clears away the fog and uncertainty in a fun, easy-to-read manner. Highly recommended!

Nat Borchers, retired pro athlete,
real estate investor, and broadcaster

Brandon and Josh are rockstars in the real estate industry, and thats by no accident. They are the real deal with a wealth of knowledge and experience. This book is a perfect first step for any person whos looking at getting into real estate and wants the best foundation possible.

Nathan Brooks, CEO and Co-Founder of
Bridge Turn Key Investments

This publication is protected under the U.S. Copyright Act of 1976 and all other applicable international, federal, state, and local laws, and all rights are reserved, including resale rights: You are not allowed to reproduce, transmit, or sell this book in part or in full without the written permission of the publisher.

Limit of Liability: Although the author and publisher have made reasonable efforts to ensure that the contents of this book were correct at press time, the author and publisher do not make, and hereby disclaim, any representations and warranties regarding the content of the book, whether express or implied, including implied warranties of merchantability or fitness for a particular purpose. You use the contents in this book at your own risk. Author and publisher hereby disclaim any liability to any other party for any loss, damage, or cost arising from or related to the accuracy or completeness of the contents of the book, including any errors or omissions in this book, regardless of the cause. Neither the author nor the publisher shall be held liable or responsible to any person or entity with respect to any loss or incidental, indirect, or consequential damages caused, or alleged to have been caused, directly or indirectly, by the contents contained herein. The contents of this book are informational in nature and are not legal or tax advice, and the authors and publishers are not engaged in the provision of legal, tax or any other advice. You should seek your own advice from professional advisors, including lawyers and accountants, regarding the legal, tax, and financial implications of any real estate transaction you contemplate.

How to Invest in Real Estate

Joshua Dorkin and Brandon Turner

Published by BiggerPockets Publishing LLC, Denver, CO

Copyright 2018 by Joshua Dorkin and Brandon Turner

All Rights Reserved.

Publishers Cataloging-in-Publication Data

Names: Dorkin, Joshua, author. | Turner, Brandon Richard, author.

Title: How to invest in real estate : the ultimate beginners guide to getting started / by Joshua Dorkin and Brandon Turner.

Description: Includes bibliographical references. | Denver, CO: BiggerPockets Publishing, 2018.

Identifiers: ISBN 978-0-9975847-0-7 (pbk.) | 978-1-947200-05-0 | LCCN 2018940497

Subjects: LCSH Real estate investment--United States | Personal finance. | BUSINESS & ECONOMICS / Real Estate / General

Classification: LCC HD1382.5 .D67 2018 | DDC 332.63/24--dc23

Published in the United States of America

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Dedication

This book is dedicated to the more than 1 million members of The BiggerPockets Community.

Together, we proved that success in real estate investing doesnt need to be at the expense of one another, but through one another.

Thank you.

Joshua Dorkin and Brandon Turner

INTRODUCTION

The Elephant In The Room

The hot afternoon sun was naked in the blue skynot a cloud to be seenwhen the three travelers stepped out of the jungle and into the clearing.

But among the three, not a bit of light was observed because all three travelers were blind from birth.

As they walked through the clearing, they bumped intoquite literallya large object blocking their path. Unsure of the nature of the obstacle in their way, the three blind travelers attempted to determine just what blocked their path by explaining, in turn, what the object felt like to them.

Its long and flexible, like a snake! said the first traveler.

Long and flexible? Are you crazy?! the second traveler declared. It feels more like a wallunmoving, but smooth and soft!

What are you two babbling about!? the third traveler exclaimed. This is like a tree trunk that has fallen over! I can wrap my arms all around it!

The travelers argued back and forth for several minutes until, finally, the great big elephant stood up from its nap and walked away, leaving the three blind travelers to forever wonder what had been in their path.

Like the obstacle in this story, there is an enormous elephant lying directly in the path ahead of you, and this elephant is called real estate.

And like the blind travelers, we all walk through life with limited vision, trying to make sense of the world around us. At some point, we bumped into the idea of real estate investing and began to feel around. But thats when the confusion set in, because the real estate we saw and felt was very different from what others were seeing.