After waking up in a hotel room while on a business trip to Oregon on September 11, 2001, and learning that his colleagues back in the World Trade Center had perished, Alan Schnur resolved to start over with a life filled with more than hard work alone. He vowed to also attain the freedom to spend time with his family and travel the world for weeks on end. Time to reflect and share his wisdom with others. He started over in the real estate trenches and developed practical and straightforward business processes to buy property with no down payment . . . to turn a single property into hundreds more that generate guaranteed passive income . . . to ramp up his investments until he owned the most stable and profitable types of properties . . . to leverage tax benefits from multiple income streams and know when to sell . . . and to surround himself with a team of "warriors" who share his cash flow mindset that generates millions of dollars. Alan has bought more than 2,000 apartment units and managed more than 7,000 units, along with hundreds of single-family houses. He owns numerous medical, office, and warehouse buildings, along with over a dozen shopping centers around the United States, and builds multi-million-dollar custom homes. He has lectured on his business systems at Harvard University and received an award from the Mayor of Houston. He travels all over the world, and mentors others so that they, too, can achieve this same cash flow mindset that leads to financial freedom and a fulfilled life. And now, with this easy-to-understand manual that guides you through every step in the process, with the insight of Alan's years in the real estate trenches, you can do it, too.
About the Author: Alan Schnur is a first-class real estate investor who teaches investing strategies and methods leaned from personal experience. Alan has faced many challenges along the way, including having to live in his office for a year. His passion to succeed for the benefit of his family drove him to begin learning real estate investing with whatever free information he could get hold of. This action single-handedly turned his fate around, and led him to create a cash-flow mindset that he shares with his readers and students. Having "been there and done that," he has expertise developed through pure, "in the trenches"experience. He continues to enrich himself with knowledge, as well as with active investing. Initially investing in single-family rental homes, he realized he would have to multiply his income source dramatically in order to achieve financial freedom. To that end, he started investing in apartment units. On the day Alan purchased his first apartment building, he knew he was finally making his dreams a reality. He soon began to earn a "more than comfortable" living through investing. He quit his job and started living the life he always dreamed of-which includes sharing his hard-won know-how with others. Over the years, he has put together an impressive real estate portfolio and built a company that created jobs for more than 200 employees. Alan and his partners have bought more than 2,000 apartments units, and managed over 7,000 units and hundreds of single-family houses. Although a force to be reckoned with in the real estate world, he is better known for creating massive amounts of monthly cash flow from his investment properties. One of his greatest achievements was purchasing an apartment building for $1.25 million that appraised for $6.1 million-instantly creating equity and boosting his net worth. In a separate transaction, Alan bought an apartment building that continues to bring in over $780,000 in annual income. That's right-$65,000 of cash flow each and every month! His unique strategies close the gap between investing in single-family properties and apartment units.