The millionaire real estate agent audiobook

#The millionaire real estate agent audiobook free

However, buyers must commit to living in the properties for the first 36 months as their primary residence. Under the program, law enforcement officers, PreK-12th grade teachers, firefighters, and emergency medical professionals can purchase eligible properties in certain areas at a 50% discount from the listing prices. In 2014, with additional savings in the bank, Beatty learned about the US Department of Housing and Urban Development (HUD)'s ' Good Neighbor Next Door Program' and saw it as an opportunity to purchase properties at a discount. While firefighters almost always work 24 hours at a time, Beatty would go in for 48-hour shifts and earn about double his salary, he recalled.

In 2013, after financing the property with a conventional owner-occupied loan, he moved into one unit of the duplex and rented out the other to offset his mortgage payments and household expenses with the rental income.ДЄfter having closed on his first property, Beatty doubled down on extra shifts to continue saving up more. 'That was tough because at that time, for me to save up another $5,000 to $10,000, it would have taken me a while, so I had to talk to him.'Д«eatty eventually put together the required cash on-hand needed by working overtime for several months. By working on a transaction directly, the buyer and seller can cut out steep agent commission fees, which helps bring down costs for the seller, and ideally, for the buyer as well.Д¬losing costs and then the lender wanted me to have extra money in the bank after closing,' he recalled.

#The millionaire real estate agent audiobook free

He specifically searched for properties that were for sale by owner, and utilized the free classifieds site Craigslist to find one. In just one year, Beatty saved up $35,000 for theДown payment on a $176,000 duplex in Wylie, Texas. With no student loans, he was able to cut all expenses and save all his income by living at home with his mom and working extra shifts at the fire station. I just decided I didn't want to let much time go by and wish I would have tried a little harder,' Beatty told Insider in an interview.Д«eatty did not know any property investors growing up but Kiyosaki's book inspired him to pursue real estate investing as a way to achieve financial freedom. 'I worked really hard to get to that point. Despite the many years invested in their careers, Beatty's colleagues were still making the same income and working at the same place as when they first started. He recalled sitting at the dinner table with fellow firefighters who were decades older but felt like they were still missing out on something. The 20-year-old started with an annual salary of about $40,000 in 2012, and though still early in his career, he quickly realized that his salary was nowhere near enough to achieve his goal of financial independence.

Two months before graduating from community college, Beatty was hired as a firefighter-paramedic in the city of Lancaster, Texas. The concepts in the book hooked Beatty on the pursuit of financial freedom and the goal of having generational wealth. The international bestseller tells the story of how the well-off build generational wealth by owning cash-flowing businesses or investing in income-generating assets such as real estate, while others are stuck in the 'rat race' by working for a paycheck. Beatty told us how he worked overtime, saved up, and hustled his way to financial freedom.Д«randon Beatty was 19 years old when he listened to the audiobook version of 'Rich Dad Poor Dad' by Robert Kiyosaki.When the former firefighter paramedic started investing in real estate in 2013, he had a $40,000 salary.At 30 years old, Brandon Beatty is a multi-millionaire investor with a stake in over 450 units in Texas.