Real Estate Investing for Engineers: Grow Passive Income with a Technical Mindset

$17.99
by Derrick Lind

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Investing in real estate is a powerful way to grow wealth and attain financial freedom, but an engineer’s natural tendencies may hold them back. Technical professionals are well positioned to participate in these profitable investments, whether actively or passively. Although engineers’ analytical skills can be a powerful asset to managing a successful real estate project, their conservative tendencies can sometimes hold them back. Real Estate Investing for Engineers guides engineers to learn how to embrace their inner “engineerness” while getting comfortable with being uncomfortable, trusting their evaluation and work plan, and adjusting as needed. Through data and personal stories about real-world projects, and examples of potential profits and challenges, new investors will learn what it is like to move through a real estate investing project and gain skills to succeed while embracing an engineer mindset. Additionally, this book explains how to: Conduct basic property underwriting analysis; - Find amazing deals in the right market; - Seek support and mentoring through networking; - Deal with limited time or money to invest; - Invest remotely; and - Grow a team with solid partners. This book offers a roadmap, time-tested knowledge, and valuable resources to guide engineers interested in real estate investments to take the first step toward financial freedom. The book includes the following specific information to help a new investor learn how to make their first investment: Overviews of the basics of real estate investments. - Real word examples of completed real estate investments, including prices, profits, and stories. - Tons of references, including online services, market/property selection tools, mentors/training, and networking. Hopefully, Real Estate Investing for Engineers provides the impetus for you to take the leap and begin your real estate journey. This edition also includes an inspiring foreword by Michael Blank, offering valuable perspective and encouragement for readers. "What I love most is Derrick’s motivation for writing this book. He’s not chasing fame or trying to sell you something. This book is his way of paying it forward. … I believe this book has the power to change the trajectory of your life. But only if you let it. So here’s my advice: Don’t just skim. Don’t just nod along because the math makes sense. Read this book with the intention to apply it. Take notes. Run the numbers. Talk to your spouse or your partner. Start networking with others in the space. And when you feel that hesitation—that engineer’s instinct to wait until everything is perfect—remember Derrick’s story. Remember that first deal. And then take your step. ..."

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