: Nate Lambert
: Active Life, Passive Income Achieve Financial Independence through Real Estate Investing
: Houndstooth Press
: 9781544519760
: 1
: CHF 7.30
:
: Betriebswirtschaft
: English
: 256
: kein Kopierschutz
: PC/MAC/eReader/Tablet
: ePUB
Are you ready for real financial independence? You know the old saying 'It takes money to make money'? What if you could learn how to use other people's money (and other people's time) to achieve your own success and live the life you've always wanted? In Active Life, Passive Income, Nate Lambert shares the secrets of real estate investing that the pros don't want you to know. He'll teach you step-by-step how to build your wealth through real estate investments, from rental properties to flipping houses. He'll lay out his full playbook, showing you how to find, analyze, and negotiate deals; buy properties with other people's money; grow your business using other people's time; pay 66 percent-plus less in taxes; and adopt the millionaire mindset to grab success with both hands. Stop using your time and resources to fuel other people's wealth. Instead, make them work for you and claim your own financial independence.

Introduction


You re not a fit for our department, my new boss informed me during our second conversation. He had voted against me, but enough of the other faculty had voted yes that I got what I thought was my dream job as a professor of family psychology. Now it felt like the rug had been pulled out from under me. My new department chair was dead set on making sure that I wouldn t be staying there for long now that he had the power. My job was in jeopardy.

I was never good at having a boss, but from day one, this guy seemed to have decided that sabotaging my career was his top priority. We butted heads constantly, and no matter how well I taught or how many journal articles I published, it was never about that. It was about him winning. It had all culminated in this moment.

It had been a tough journey to become a professor. I had spent nine years of my life getting my PhD, and during that time, my family lived on a $14,000 a year salary, far below the poverty level. We even had to get food stamps. Once I got my dream job, I spent countless hours researching, writing, and publishing journal articles. In just my third year as a professor, I had publishedseventy-twopeer-reviewed journal articles, which is almost unheard of and which was more than most of the professors in my department who had been around forthirty-plus years. But my family was still struggling financially. My wife was afull-time mom, and I was supporting our young family of five boys with a small salary and only one car.

Now I was at a crossroads. Would I put it all on the line to fight for my career as a professor? Or would I risk it all to recreate myself, going in a completely different direction to pursue my newfound passion in real estate? Did I have the courage to put my loved ones at risk to cut off the golden handcuffs? It would require that I walk into the darkness into a 100 percentcommission-based career with no past evidence of success.

It was terrifying, but I took those first steps into the darkness. Five years later, my life had completely transformed. No longer is my family struggling to get by. We have a second car now my dream car, a Tesla Model S as well as