By: Robert Shemin, ESQ. (2002)
ISBN 0-7931-4825-1
Book Price: $28.95
Outstanding real estate investor
Robert Shemin is a nationally recognized homeowner expert in the US and a Wall Street Journal bestselling author who became a millionaire at age 30 investing in real estate. Shem earned law degrees and an MBA from Emory University, Atlanta. He has done more than 450 real estate deals and owns 100 properties.
sharing their secrets
Robert Shemin provides 12 chapters that share his millionaire homeowner secrets. He talks about starting out as a landlord (Ch. 3), finding good tenants (Ch. 5), collecting all the rent, all the time (Ch. 7), keeping good tenants (Ch. 9), evictions. .. how to avoid them (Chap. 10), protect your interests with insurance (Chap. 12), and more.
Solid, practical, experiential advice.
Robert Shemin is personable and concise in his presentation; sharing valuable keys freely as he recounts his journey, stating, “The first thing I learned about renters…Most think they don’t treat them very well. They don’t like landlords…all of this translates to ‘great opportunity.’ And “…a workable plan includes treating tenants like valued customers.”
Robert’s information is practical; he has learned principles by experience. Following his rules should lead to success. He says, “I’m all for lower-end duplexes and two-bedrooms for the best value. They have lower upfront costs and lower running costs…they’re easier to rent in a down economy.” …investigate.”
When Shemin gives advice, he presents it in a relaxed manner. He shares about ideal tenants, saying, “…the best tenants are older people and that…they are likely to stay in one place and live quietly…target…older people.”
Robert displays positive business characteristics that are transferable to all businesses for success. He reports, “To keep renters from leaving, set up a Tenant Retention Program based on how you treat them, a theme throughout this book and throughout the business… We also offer rewards when they move. ..”
Shemin defines the terms before addressing them. He introduces: ““Rent to own” means that the tenant rents the property from him with an option to buy… I think it is always better to do a rent to own/lease option with houses and duplexes.. .”
Proven Strategy for Success in Real Estate
Robert Shemin presents a viable and proven strategy for success in real estate investing for homeowners.