I love real estate. Real Estate is an amazing way to build wealth if you are willing to learn it and if you enjoy it. There are other ways to build wealth but real estate is one of my favorites.
This book by John Schaub may be my favorite real estate book. The reason is because Schaub has figured out a simple system that can be replicated and he explains it in a clear way. The book, “Building Wealth One House at a Time” is a must have if you would consider doing real estate, more less single family homes. He explains many unique things about his experience that help him to share. He’s done this for over 30 years. He’s not a real estate guy who bought his first home a year before writing the book. This is a guy who’s been in the business for so long.
It’s one thing to read a book by someone that’s got a theory of how to do things. It’s another thing to read someone who has done it successfully throughout numerous cycles. This is the guy to listen to.
There are numerous things to learn about in this book. The 10/10/10 rule is important. As well, the fact that he never used a bank on any of his purchases makes his insights unique.
Now this is a meat and potatoes book. Meaning it’s not a book meant to entertain as much as to inform. That’s not to say it’s not a great read. Just more so, with a lot of other guys who try to be super eccentric, Schaub gives you the nuts and bolts. It’s real, practical and good medicine. You follow his plan and you will be successful.
Even in his closing chapter, he sees his opportunity as a way to bless other people. That is a testimony to his character. The real estate business is flooded with sketchy guys doing get rich quick schemes. Reading John Schaub is good because it’s heavily informative with a proven system and it’s not layered with self promotion and arrogance.
As well, you’ll notice immediately that this is a pretty broad book. It’s not just about how to buy the houses. It talks about planning retirement, quitting your day job and purchasing your own dream home.
I happily give this 5 shades and ask you to consider reading it.
You can purchase it through his website here.