What's a Landlord to Do?
WHAT'S A LANDLORD TO DO?
"Q. What suggestions might you have for somebody who is twenty-five years old and wants to become a multi-millionaire investing in real estate? --R.R., New York
"A. Here's my formula for success as a real estate investor.
"Be prepared to work 24/7/365, longer when necessary. Be willing to do menial work when necessary. Find a mate who shares your goals and will work as hard as you will to reach them. Avoid having a family before you make your first $250,000. Seek out someone local who has achieved more than a modest success in real estate investing; treat that person to a fine meal; ask for advice; listen; and learn. Waste no money on expensive tapes and seminars promoted by hucksters with get-rich-quick promises. Study William Nickerson's classic HOW I TURNED $1,000 INTO FIVE MILLION IN REAL ESTATE IN MY SPARE TIME, and adapt its techniques to fit your circumstances today..."
The Landlord's Question and Answer Book