Wednesday, 1 November 2017

Free Chapter ― Professor M.S.Rao’s Upcoming Book “Secrets to Achieve Your Financial Freedom from Real Estate Investments”





Dear friends,

I am excited to share with you that I authored a book on real estate and financial investments. It is tentatively titled, “Secrets to Achieve Your Financial Freedom from Real Estate Investments.” Here are the details about the book with a free chapter. I would appreciate if you could share your thoughts about this book on social media channels including Facebook, Twitter, LinkedIn and Google+.

About The Book
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” — Franklin D. Roosevelt
This book is based on author’s personal experience to buy his dream home. It contains case studies, anecdotes, striking stories and investments in real estate business to strike rich with a limited capital.  It deals with real estate business, explains the process of buying your dream home and achieving your financial freedom. It unveils tools and techniques about investments and outlines steps involved in buying your dream home, the process of negotiation, and building connections to lead your life happily. It
  • Explains fundamentals of real estate investments.
  • Equips you with financial freedom.
  • Emphasizes the philosophy of ‘buyers first, sellers second, and financial institutions third.’ 
  • Implores stakeholders to serve with passion and purpose to make a difference to the world. 

This book serves as a basic guide to every homebuyer from searching to shifting to their dream home. It is a short course on real estate investments offering immense guidance, inspiration and actionable content that can be referred to again and again. You can easily toss the book into a briefcase or purse and read here and there as time allows. It is a quick reference guide to real estate consultants, builders, sellers, buyers, bankers and investors.     

 Introduction

“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.” — Warren Buffet


Globally growing population creates a greater need for housing. There are immense opportunities in real estate business to become rich. If you have the passion to serve your customers with a purpose to make a difference in their lives, you can earn money and goodwill. You can build great connections to grow quickly not only financially but also personally, professionally and socially.

Indian real estate market is unregulated where builders flout the norms and agents operate without any license. It needs to be revamped to protect the home buyers. Usually, it is a practice for both sellers and buyers to go through referrals and connections. In contrast, the market in developed nations is highly regulated with a little scope for ligation. All stakeholders including buyers, sellers, agents, consultants and financial institutions are protected.


Games Real Estate Agents Play

Although I am 54 years old, I don’t have my own house. I still stay in single bedroom rented apartment. I sold a piece of land that I bought more than 10 years ago. The value of the land appreciated. I sold it to fund for my younger son’s overseas education. I still have little funds to purchase a 2BHK flat. I began searching for flats within my small budget.

I have come across real estate agents who are ruthless in their approach. They applied all kinds of pressure tactics and marketing strategies to purchase the flat else I would lose the opportunity. I kept cool as I understand the human psychology and the techniques marketing people deploy and employ to push their sales.  Some agents keep extra margin without revealing to the buyers. Some agents make a short-term agreement with the sellers and sell the property to the buyers for higher rate. Some agents don’t allow the buyers to talk to the sellers. They allow both buyers and sellers to meet only after the deal is finalized. Most agents create artificial demand to create panic in buyers.


Do’s and Don’ts to Buy Your Dream Home

Here are some do’s and don’ts to observe before buying your dream flat:
  • Look for genuine real estate agents through connections and references.
  • Be in the good books of agents who can inform you about the sellers in need of immediate cash. 
  • Avoid the sellers who are adamant and rigid in negotiations.
  • Check websites offering genuine information about properties.
  • Don’t buy on impulse. Take your own time to purchase the property. There are always better opportunities waiting for you.
  • Don’t worry if you miss to buy the property you liked. Remember that everything happens for a reason.
  • Keep cash with you ready, if you have. It helps you buy your dream home at lower price. 
  • Build a good credit record to persuade your banker when you go for loan.
  • Network with bankers who can give you loans. Additionally, network with auditors and lawyers.
  • Maintain cordial relations with your neighbors to live happily and peacefully. 

If you have made mistakes in decision-making, don’t regret. Take feedback to improve yourself. Failures are the learning lessons in life to make you more confident and competent to make better decisions in future.


Career in the Real Estate

There are plenty of opportunities to pursue a career in real estate as there is a huge demand for it globally. People need food, cloth, shelter, and medical facilities. Hence, it is better to acquire basic knowledge about real estate before entering it. It is also advisable to work with some experienced people to learn the ropes in real estate. The basic principles of real estate remain the same, but the rules and regulations vary for country to country. It is desirable to understand the taxation and legal aspects before entering it.


Conclusion

There are several ways to strike rich in business. One of them is by venturing into real estate business which offers tremendous opportunities because there is a strong need for homes especially in populated countries. The planet will be occupied with more people with homes. Hence, there is a huge potential for self-occupancy and rental incomes.  To summarize, real estate is a great business and has a huge potential in future. There is always appreciation of land prices globally. Hence, it is advisable to enter this profession to serve and make a difference. 

Note: Here is the link to purchase my bestselling book ‘21 Success Sutras for CEOs: How Global CEOs Overcome Leadership Challenges in Turbulent Times to Build Good to Great Organizations’ http://www.amazon.com/21-Success-Sutras-Ceos-Rao/dp/162865290X


Life is great!

Professor M.S.Rao
Founder of MSR Leadership Consultants India
Global Top Gurus 30: http://globalgurus.org/upcoming-leadership-gurus/




Thanks for reading!

Kindly share your thoughts and comments below, I’m sure someone out there will find your story useful.


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2 comments:

  1. Maddali Laxmi Swetha29 February 2020 at 04:31

    Excellent Article!
    After reading this article I gained more knowledge on real estates. Thank You.

    ReplyDelete

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