Get your copy of the freedom mentor free book written by Phil Pustejovsky here. The title is “How to be a Real Estate Investor” it has been a best seller on Amazon since the time of its release in last 2012. It has been updated several times so that it is completely up to date for anyone new reading it. It has an average of 5 star reviews and readers become so engaged that many finish it in the same sitting from when they started. Many consider it the greatest real estate investing book ever written.
Here’s an excerpt from the beginning of the book:
“…While bored out of my mind, sitting behind a desk one day, I considered how to be a real estate investor. I was fresh out of college with a degree in mechanical engineering from Vanderbilt University. Many well intentioned adults tried to convince me that the American dream was to get a 9 to 5 job with a Fortune 500 company. But, it sure didn’t feel that way once I got one! I was falling asleep at my desk and had no freedom. It quickly dawned on me that I didn’t want this for the rest of my working life. In fact, it was about that time that I heard someone refer to the word “job” as an acronym standing for, “Just Over Broke.” I wanted the exact opposite. I wanted to be financially free.
I began researching how to become financially free at the library and at book stores. Real estate investing surfaced as a common thread amongst many economically successful people that I studied. That’s when I began to consider how to be a real estate investor. What fascinated me about real estate was that there were techniques for making money that didn’t require investing cash or using my credit, which was perfect for me at that time because I didn’t have any money or any credit.
I devoured every book I could get my hands on and attended free tele-seminars, webinars and local live seminars. A whole new exciting world was opening up to me and it appeared to be exactly what I was looking for. It was a way to become financially free. Before I could begin to truly educate myself on the subject, however, my boss and I had a dis-agreement at work one day that led to me quitting my Fortune 500 job.
Rather than go get another job, I decided to focus my full time efforts on real estate. It was quite a gamble considering I had very little money saved up, no money coming in, and no experience in the field. But, I was determined to make it work. My parents weren’t all that pleased with my decision because they had just spent a substantial amount of money on my college education. They reasoned that I didn’t need to go to one of the most expensive colleges in America to be a real estate investor. They recommended I get a job and do real estate on the side until my real estate endeavors were paying me more than my job. It was sound advice that went through one ear and out the other.
The books and seminars made real estate investing sound so easy. I thought to myself, “If I have all day, every day, to devote to real estate, how hard can it be?” In hindsight, that one thought was a major miscalculation. I had failed to consider the fact that I absolutely did not know what I was doing. Real estate, as I discovered, is a business that has tremendous potential, but you really have to know what you’re doing to be successful with it. At the time, I didn’t have any money to invest in my education, so unfortunately, I was learning every important lesson of real estate the hard way…through the school of hard knocks.
I burned through my savings. Because I had no money coming in, I couldn’t pay my bills. When I couldn’t pay my rent, I literally went homeless. I was forced to live out of my truck. Some have asked me why I didn’t move back in with my parents when this happened. Maybe it was pride, or stubbornness or embarrassment, or just plain geography (since my parents were over 1000 miles away), but I didn’t tell them how bad it had gotten and I didn’t consider moving back home.
Just imagine what it felt like to be me back then. My only credit card was maxed out, my bank account was over drawn, and there was no cash in my wallet. I was living out of my truck, eating off of a case of Bush’s baked beans. To open the can, I used one of those cheap can openers that hurts your fingers when you turned the knob. The blade seemed to always slide off the edge and it took several minutes just to open one aluminum can. The beans were cold because I didn’t have any way to heat them up. I used a plastic spoon from Wendy’s to dig out the beans. Those were some dark days. I would cry myself to sleep each night, wondering how I ever got myself into that mess…”
Read the rest by getting your copy of freedom mentor free book.