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Location: Livonia, Michigan, United States

I first became involved with real estate in 1981 when my wife gave me a choice of ballroom dance or real estate classes. I chose real estate, and began buying properties as rental investments. Over the years in working with real estate, I have purchased in excess of 3,500 single-family homes and pick up the name Mr. Lease Option. My web is www.mrleaseoption.com I teach over 40 real estate investment seminars a year, and running investment club www.megaeventingevent.com keeps me on the go.

Sunday, April 20, 2008

Can a Nine to Five Worker Handle Investing in Apartment Buildings?

You work 9am to 5pm, living paycheck to paycheck, and have very little or no money in the bank. You know there has to be a better way to live. Anthony Chara is a real estate investor and mentor. Read on for a story about one of Anthony Chara’s students.

George did not work 9 to 5; he worked 8am to 8pm, before coming home to his wife and two small children. His days and evenings were eaten up by work and family. Thanks to the internet, he was able to search for an apartment building, analyze the numbers and make an offer. He would often stay up until two or three in the morning. He would send his letter of intent to the seller’s agent in the middle of the night and call them on his way to work in the morning to request they take a look at it and get back to him. That is how he got started investing in apartment buildings.

So, the answer to the question is yes, you can do this part time because you are buying a business. You can have a management company handling the maintenance, collections, accounting and other tasks, while you continue to work your regular job until you are sure you are making enough passive income to give it up if you choose to.

This was taken from an interview between Lance Hood from SuccessInsiders.com and Anthony Chara. For access to Anthony Chara’s teleseminars, go to http://www.successinsiders.com/



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