Editor: Rodney T. Miller
Publisher: Rodney T. Miller
Cover Design: Dan Yeager-Nu-Image Design
Proof Editor: Lucy Spencer
Concept Editors: Rodney Miller, Robert Elder, Jason Simpson, Allen Moore, Frank Aufiero, Cory Boatright, Brian Nix, Jack Werner, Tony Tyler, Nancy Rieg
© Miller Publishing Group
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ISBN-13: 978-1-4566-0694-7
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INTRODUCTION
If you’re reading this book, it’s safe to say that you are thinking about learning to invest in real estate. Maybe you’re disappointed in what your current investments are doing. The stock market is making a lot of people nervous lately, and that isn’t doing anyone’s retirement account any favors. Maybe you’re looking for a new career, and you heard this might be an exciting way to make loads of money. Maybe you’re not sure why you’re interested, but someone said that you should find out what investing in real estate can do for you.
I get questions all the time from people who want to know how I did it. Then they want to know how THEY can do this - they want to know which area or investment niche they should focus on, and they really want to know how to fit all this into their current lifestyle. I can tell you not only MY story, but I found nine other colleagues who were willing to share THEIR stories to help you get started.
You’ll find it all here - inspiration, focus, goal-setting, brainstorming, motivation - everything you need to begin the next great phase of your life. You’ll find out how to know which investment style or strategy suits your personality, your goals, and the lifestyle you hope to have as a real estate investor. You’ll learn what it takes to make your ideal strategy work for you. By the end of the book, you will hopefully be able to see yourself as not just a successful investor, but a successful person.
Real estate can provide you with a lifestyle and freedom beyond your wildest dreams. The only thing holding you back is really you! You have the power to change your preconceived notions of why this wouldn’t work for you. You have the power to overcome your own self-limiting beliefs. And only you have the power to allow the information in this book to make a difference in your life. Most of the experts in this book started with little or nothing but the courage to take that first leap, and they have accumulated wealth, success, and freedom from a J-O-B.
Go ahead. Read on, and learn how you can make all this a part of your life, too. It may be the most life-changing decision you ever make!
JASON SIMPSON
After a challenging ordeal not related to real estate, Jason was forced to declare bankruptcy just over three years ago. After bankruptcy, Jason became an expert in dealing with lenders to purchase homes using none of his own cash or credit, quickly building his net worth into the hundreds of thousands. He is fast approaching millionaire status, all while working full time as a police officer. Jason helps others to learn how to invest in real estate, and has a burning desire to continue helping others that have faced similar situations. He has created a step-by-step formula to do this regardless of one’s cash flow, credit history, or time schedule.
In his spare time, Jason enjoys spending time with his wife, Tracy, and their two boys, Preston & Logan. He also enjoys sailing in the British Virgin Islands, international travel, magic, and helping others achieve their goals and dreams through real estate investing.
Jason is currently offering his free “12-Part Mini E-Course on Real Estate Investing” to help people get started. The course can be found on his website at www.StreetCopMillionaire.com. Jason has also written an e-book on wholesaling properties, as well as a comprehensive course that covers Wholesaling, Obtaining the Money, and Buying & Holding!
If you have any questions for Jason, you can contact him at:
Street Cop Millionaire
P.O. Box 722194
Norman, OK 73070
CHAPTER ONE
HOW A FULL-TIME COP IS MAKING A KILLING INVESTING IN REAL ESTATE…PART-TIME
While it is pretty evident that investing in real estate is a great way to go, I’m sure that a lot of you are wondering how to manage trying to build a successful real estate business while having a full-time career. Well, I’ve got a bit of experience in that, and hopefully in these next few pages, I can give you some ideas that will convince you that you can do this, too.
You might be in a different situation than I am. You may work more hours. You may have other things that you have to deal with. Whatever your situation is, you can work through it. That’s the key. Now, let me just give you an idea where I’m coming from, and how I’m managing things.
First, I work full time as a police officer, and will at least until I’m vested, which will occur at my 10-year mark (October 2009). I work over 40 hours a week - well, 41.25 hours per week, not counting any overtime on calls that I might get. When I started investing in real estate, I worked part-time jobs on my days off. I worked at a bank, at a school, and at numerous other part-time “gigs”. (You’ll find that most police officers have part-time jobs to supplement their income.) My wife and I had made the decision that once we had kids, Tracy would stay home to raise them. We now have two wonderful boys and we stood by our decisions, although at first we were pretty financially strapped and had very little free