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The Los Angeles Tribune Book Review Recommended Best Sellers

BY FRED MOSKOWITZ

Is it possible to benefit from investing in real estate without the stress and hassle of owning and managing properties?

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I’d love to share a story with you about my friend Helen. She was a long-time landlord for many decades, and always knew her to be savvy investor in her 60s. When she came to me, she told me about one of her rental houses that had recently gotten trashed by the tenants who had recently moved out of the property.

Helen was not looking forward to renovating that property for the third time during her 30+ years long ownership of the house. She was starting to get tired of the life of a landlord, constantly dealing with the three T’s of property ownership –Tenants, Toilets, and Trash. “Life’s too short!” she exclaimed. Helen had reached out to me wanting to learn more about note investing and asked to discuss how it could help her. After several conversations and strategy sessions, Helen renovated the house one last time and then put the property up for sale.

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