CHAPTER 1 Introduction
Congratulations! If you've received or purchased this book, it's most likely because you've recently gotten into real estate investing or are interested in beginning the journey. It's no secret that the real estate industry is one of the few investment choices that enables investors to make an extraordinary income with no ceiling. Truly, the sky is the limit to how much money one could make or lose. Unfortunately, many investors enter the industry with their heads in the clouds. New investors formulate narcissistic thoughts concerning their success. They develop this "lookout real estate world; here I come" mentality that ends in failure and disappointment for many. When I started out in the industry, I had that same view. I was among the many and was quickly hit with a rude awakening. I came from a tough, inconsistent upbringing. As a child growing up in Brooklyn, life wasn't so easy. Dad worked as a corrections officer in Rickers Island, often bringing his work issues home. As a result of domestic abuse, my parents divorced when I was too young to remember, mom was forced to do whatever she could to make ends meet. By the time I turned four years old, New York life became too difficult for a single mom, so we took a trip to live near family on the beautiful island of Puerto Rico. Nevertheless, Mom soon realized that no matter where you go, life has a way of throwing you the same problem. Money! Family help would soon run out as the cost of living in Puerto 1
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