Watch Lesson 10 Now
Steps:
- Lesson 10 Guided Notes – Download and print the guided notes (click or tap here).
- Watch video.
- Fill in the blanks of your guided notes as you watch the video.
- Complete the remaining workbook materials associated with this lesson.
Workbook Materials
Download and print:
- Lesson 10 Bible Verses for Inspiration and Study (Scripture from the Unlocked Literal Bible)
Educational resources on investing in rental property:
- Rich Dad, Poor Dad, by Robert Kiyosaki – A classic book on shifting your thinking about money and wealth. Not a how-to book on real estate investing, but it provides the inspiration and education you need in easy-to-read-and-understand writing. (Get it on Amazon.)
- Building Wealth One House at a Time, by John Schaub (Get it on Amazon). Schaub’s approach is to buy houses at a discount in your local area and manage them yourself, and he explains how to identify good deals. He provides the information you need in his book to teach you how to screen out high-maintenance tenants that would otherwise suck away your time, energy, and motivation. He prefers low-maintenance tenants that rarely call, rarely give you problems, always pay their rent on time, and stay with you for the long-term. He tells you how to get them.
- John Schaub’s Website (with home study courses). He sells courses that help you go further if you want. The courses aren’t necessary to get started, but you may be interested in learning more on the front end.
- The Real Wealth Network – Free to join, with hundreds of free educational webinars available. They work with property management firms and mortgage companies in the best rental markets in the United States to identify high-quality, cash-flowing rental properties that you can purchase as turn-key real estate investments. They want to make it as easy as possible for regular people to get started investing in real estate. They generally make their money on referrals in order to keep costs to the individual investor cheap or free. They provide coaching to help you through the process to help get you started in building a real estate portfolio, which they call “real wealth.” This is an alternative to Schaub’s approach. The trade-off that comes with the ease offered by this approach is that the real estate may not be local to you, and profits may be smaller.
Click here to proceed to Lesson 11.
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“The proverbs of Solomon son of David, the king of Israel.
These proverbs are to teach wisdom and instruction, to teach words of insight,
that you may receive instruction in order to live
by doing what is right, just, and fair.
These proverbs are also to give wisdom to the naive,
and to give knowledge and discretion to young people.
Let wise people listen and increase their learning,
and let discerning people get guidance,
to understand proverbs, sayings,
and words of wise people and their riddles.
The fear of Yahweh is the beginning of knowledge—
fools despise wisdom and instruction” (Proverbs 1:1-7).
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