ake "Paper Real Estate" Make Your Fortune

"PAPER REAL ESTATE" is income property from which you earn money but which you do not own. One good way for you to make money today in "paper real estate" is to:

1. Manage income real estate for an owner who wants to be free of da-to-day chores

2. Being paid a commission of 5% to 7% of the rents paid by tenants--some, or all, of which you might collect

3. Earning a bonus--often half of the first month's rent--on each apartment or other space which you rent to new tenants



WHAT IS IN "PAPER REAL ESTATE" FOR YOU? Plenty! Here are some of the great advantages, as we see them:

1. You earn money in real estate while you learn more about the field

2. You learn the ins and the outs of the field--what brings in the money, what people complain about, what problems owners have

3. You get inside info about how much money each building you manage makes, how much it costs to maintain each property, etc.

4. You're in "the driver's seat" if the owner decides to sell. Why? Because if you've done a good job, the owner will probably think of you first as a potential buyer

5. A zero-cash deal may be offered to you to buy the property--if the owner likes your style of managing the building



HOW CAN YOU GET STARTED AS A BUILDING MANAGER? It's easier than you think--if you're in a large city, in an area near one, or near a multi-family development. To get started:

1. Learn as much as you can about managing buildings by reading books in your library

2. Talk to building managers--ask them how they do their job, what challenges they face, how much they earn, etc.

3. Write letters to local building owners, telling them about your desire to manage one or more of their buildings in the area

4. Be ready to start in small buildings and go on to larger ones as you gain experience

5. Accept the good income you can earn as a manager in "paper real estate!"