R E A L E S T A T E I N V E S T I N G

T E R E N C EH O E R M A N

TERENCE HOERMAN IS AN ATTORNEY WHO RUNS HIS OWN PRACTICE IN DETROIT,

MICHIGAN. HE HAS BEEN WORKING AS A LAWYER FOR WELL OVER 20 YEARS, WITH

AN EMPHASIS ON IMMIGRATION LAW AND REAL ESTATE LAW. HE HAS A PERSONAL

INTEREST IN REAL ESTATE INVESTING, AND THIS CAN CERTAINLY BE A VERY

EFFECTIVE WAY TO BUILD WEALTH IF YOU ARE GOOD AT IT.

T E R E N C EH O E R M A N

When you think about real estateinvesting, you may conjure images

of apartment and condominiumcomplexes, suburban

subdivisions, and high-risebuildings in large cities. Without

question, huge projects like thesecan be lucrative, but most

ordinary investors are not goingto be in a position to obtain the

financing that would be necessaryfor large-scale developing.

T E R E N C EH O E R M A N

H o w e v e r , t h i s d o e s n o t m e a n t h a t

r e a l e s t a t e i n v e s t i n g i s n o t a

p o s s i b i l i t y f o r p e o p l e o f r e l a t i v e l y

o r d i n a r y m e a n s . Y o u c o u l d s t a r t o u t

s m a l l a n d b u i l d y o u r r e a l e s t a t e

p o r t f o l i o o v e r t i m e , a n d t h i s i s

s o m e t h i n g t h a t a r e a l e s t a t e l a w y e r

l i k e T e r e n c e H o e r m a n m a y s u g g e s t

t o o t h e r s .

T E R E N C EH O E R M A N

. IF YOU ARE A HOMEOWNER, AND YOU CAN PUT TOGETHER A DOWN PAYMENT FOR A

SECOND HOUSE, A CONDO, OR A MULTI-FAMILY DWELLING, AND YOU ARE TAKING THE

FIRST STEP. YOU SIMPLY DO YOUR RESEARCH, NEGOTIATE A FAVORABLE PRICE, AND

GENERATE A POSITIVE CASH FLOW. PLUS, YOUR TENANT OR TENANTS WILL BE PAYING

YOUR MORTGAGE, SO THEY WILL BE BUILDING EQUITY FOR YOU.

T E R E N C EH O E R M A N

I F Y O U D O B E C O M E A L A N D L O R D , Y O U S H O U L D S P E A K W I T H A R E A L

E S T A T E A T T O R N E Y L I K E T E R E N C E H O E R M A N A B O U T A S S E T

P R O T E C T I O N . Y O U C O U L D B E H E L D P E R S O N A L L Y R E S P O N S I B L E I F

S O M E O N E I S I N J U R E D O N Y O U R P R O P E R T Y , B U T T H E R E A R E L E G A L

S T E P S T H A T Y O U C A N T A K E T O P R O T E C T Y O U R A S S E T S .

T E R E N C EH O E R M A N

H T T P S : / / T E R E N C E H O E R M A N B L O G . W O R D P R E S S . C O M /

H T T P S : / / I S S U U . C O M / T E R E N C E _ H O E R M A N

H T T P S : / / W W W . Y O U T U B E . C O M / C H A N N E L

/ U C K 3 U 4 2 D N K G H W X P R F A F Q D X R A

H T T P S : / / T W I T T E R . C O M / T E R E N C E H O E R M A N 1

H T T P S : / / W W W . F A C E B O O K . C O M / P R O F I L E . P H P ? I D = 1 0 0 0 1 5 2 6 0 2 2 2 0 2 5

H T T P : / / T E R E N C E H O E R M A N . B L O G S P O T . C O M /

F O R M O R E I N F O R M A T I O N V I S I T O T H E R L I N K S :

T H A N K S F O RW A T C H I N G