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Thursday, April 18, 2024

Building Wealth in a Volatile Economy

Last updated Tuesday, June 18, 2013 21:34 ET

Millionaire Turns Author to Teach Others How to Succeed as a Real Estate Investor

San Antonio, US, 06/18/2013 / SubmitMyPR /

Unlike books that claim to contain the secret to “get rich quick,” How I Made Millions in Real Estate and How You Can Too details the long-term strategy author and long-time real estate investor James Edward Glasgow Sr. uses and explains step by step how anyone can achieve the same level of success and economic security in these difficult times without taking unnecessary risk in order to assure themselves lifelong financial security.

Glasgow walks the reader first through how to develop the right mindset and mental habits in order to train oneself to follow through with the desire to be rich, and lists and explains the traits and habits of successful people. He tackles the core reason why many people dream of being rich but never follow through—the fear of investing and how to overcome that.

From there, Glasgow details each step he took when he was starting out investing in real estate and discusses how to find the right property (including how to figure out what exactly constitutes the right property and what to look for) and how to identify and secure solid financing, including some low-risk sources most never consider.

Glasgow shares precious investing secrets, tips, and ideas, and reveals where profits can be found in real estate, what property improvements pay off, particularly in residential rental properties, and which ones are a waste of time and money. Pointers on issues such as how to avoid tenant problems and reduce risk to secure a comfortable retirement are also provided.

Glasgow explains in detail how to word and negotiate a Contract for Sale (including listing specific clauses and why it’s important to fight to include or exclude them), how a buyer should perform due diligence, how and when to profit by making one’s own repairs and improvements (sweat equity) and when it’s best to obtain professional help. He even discusses how to organize the necessary recordkeeping and keep accounts clean and easy to manage, both for the investor and the IRS.

Glasgow makes his book, How I Made Millions in Real Estate and How You Can Too, both an informational tool and a solid reference book, by including sample documents that anyone can source to use over and over, from the worksheet he designed to analyze a property’s potential to letters to potential investors, including a prospectus and specific subscription solicitation for limited partner investment units.

Anyone who reads How I Made Millions in Real Estate and How You Can Too will
learn a great deal about how to start their future in real estate investing while limiting risk and maximizing profit, in order to build an economically secure future.

Why listen to James Glasgow? A businessman with 45 years of experience in business management, both as a corporate executive and a small business owner, he has been a real estate investor for 32 years, investing in residential rental properties, office buildings, and commercial properties. He calls himself a “buy and hold” investor, buying and holding properties for long-term appreciation as well as current cash flow, to greatly reduce risk and enhance profits.

Glasgow is currently the principal of Gem Rental Properties LLC and manages his own portfolio of properties and mortgage notes. The CEO of www.patiostore.com and www.homeimprovementkits.com, he blogs about real estate on www.towardswealth.com and can frequently be heard on the radio program, “What’s It Worth?” on AM 550 in San Antonio, TX. You can call Jim Glasgow at 210-829-7531 ext 1382