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Retire Rich with Rentals: How to Enjoy Ongoing Cash Flow From Real Estate...So You Don't Have to Work Forever Kindle Edition
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|Length: 218 pages||Word Wise: Enabled||Enhanced Typesetting: Enabled|
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Top Customer Reviews
Nevertheless, I think 50% of the contents can be trimmed away and yet it won't lose the essence the author is trying to convey.
By the way, I got the kindle version. The kindle version is awful...a lot of letters are lost, for example "finance" becomes "nance", and "find" becomes "nd". I am able to figure out the lost letters by reading the whole sentence. If you want to buy this book, don't get the kindle version.
The author has re-generated the kindle version to fix the conversion issue. Amazon sent me the updated version of this ebook (no cost). I confirmed the updated version does not have the lost letters issue as I have pointed out previously.
Fortunately, just two years ago, I happened to run into a dear friend at the gym who told me he was RETIRING early, and heading out on a month-long cruise with his family, thanks to his many real estate investments. I was shocked! This man certainly did not come from a rich background. He had a regular "job." I asked him how he did it and he said, "Real Wealth Network - Kathy Fettke. Listen to her podcasts!" I ran home and immediately plugged in...and I was hooked.
I happened to have an appointment that very week with our financial planner, and during our meeting, she said she had worked out a perfect plan for us...to invest in "safe annuities," do a reverse mortgage on our home and cash in early with our social security. I knew it was a terrible plan. I gave her a copy of Kathy's book "Retire Rich with Rentals" and told her we were considering another plan. I asked her to read it and get back to me if she felt her financial plan for us was still the best for us. I showed her the bottom line and pointed out that Kathy's scenario yielded much higher numbers per month - not only for the present, but also in the future. I showed her that once our homes are paid off, in about seven years, our children will eventually inherit several properties too!! She went home in a bit of a huff, and I NEVER HEARD FROM HER AGAIN NOR DID SHE CHARGE ME FOR OUR APPOINTMENT.
Yes, this book is a simple read. This is what Kathy's work is all about!! It's not complex. It's not rocket science, folks. It's just having the guts and the gumption to follow through with a great retirement plan. Kathy always reminds us that if we don't understand something...DON'T DO IT. This is a simple formula, and I believe the safest formula, for a perfect retirement. It's for busy people with JOBS that need to count on vetted and validated Turn-key companies to do all the work. All we do is collect money - which automatically goes into our account each month! Over $500 cash flow per property, which we then "snowball" back into our homes to pay them off. Think about it --- who is paying off our homes?
There are some scary Turn-key companies out there, there are a LOT of dishonest and conniving, charming people trying to sell real estate to investors. DON'T BE FOOLED. By joining a large group like Real Wealth Network, with Kathy and Rich Fettke at the head, it's pretty fool-proof. We are a loud group. We talk to each other each month at events. We share business cards and keep in touch. Kathy & Rich get the very best companies on their website. They host property tours and the list goes on. If there are any problems at all, these companies get booted right off!
I'm extremely grateful that our investments are in areas of the United States with enormous job and population growth. I would not have known about these homes, nor the turn-key companies or the fabulous property management companies, had it not been for RWN.
I love this book - read it, follow the plan and you will be FREE from worrying about your future. I cannot believe how happy I feel every day. It's often been quoted to "live in the moment." Yes, that is true, but we are all happier "in the moment" when we know our future is BRIGHT!!
Hope this helps,
Pat Kiisk, MA, Broker
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