"This well-organized book shows what a typical life in real estate
is like so that newcomers can decide whether the field is right for
them. It also offers advice on how to grow real estate investments
for people who are already in the industry. Poorvu includes a
variety of real world stories about people and their career
experiences to make for an interesting read with a practical edge."
-Publishers Weekly "This new book by Bill Poorvu trumps any real
estate book you've ever read." -James Grant, editor of Grant's
Interest Rate Observer There are plenty of "get rich quick in real
estate" books. This is not one of them. Your guide, William Poorvu,
is a lifelong real estate investor and consultant, and former head
of the real estate program at Harvard Business School. Drawing on
his personal experience-and hundreds of interviews with many of the
most successful real estate investors and entrepreneurs-Poorvu
illuminates every stage of your "life" in real estate: creating
wealth, growing it, and managing it successfully. He reveals the
milestones, pitfalls, and rewards associated with real estate
investing, offering powerful insight into the challenges and
opportunities you'll face as you start out...scale up...ride the
industry's cyclical waves and then leverage, share, or pass along
the wealth you've created. This book contains dozens of real life
personal stories, hands-on checklists, and questions to guide your
decisions...and it delivers unparalleled insight into how the real
estate industry really works: - Be strategic: choose your best
route into the business Define your successful real estate career,
and learn how to make it a reality -Build your foundation: your
first job, yourfirst deal Spot a great opportunity to add value,
and jump on it - Scale up: build and sustain your success Hire a
great team, manage them successfully, and find the capital you need
to grow - Survive the downturns: be flexible and nimble Recognize
new realities, adapt to them, and uncover the opportunities they
create - Take stock: make the most of your success Balance your
business, wealth, and family
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