Author Description

The author, David, was focused on his busy day job as a scientist. He came to the U.S. from China in 1988 as a student, graduated in 1993, started working and became a U.S. citizen. He and his wife have three kids born in the U.S. In 2010, their daughter's sudden sickness served as a wake-up call. It opened David's eyes to the fragility of an ordinary family's financial situation. Since 2011, David and his wife, who are both full-time employees, have been investing in real estate on the side. With 50+ hours per week on his day job, David spent a few hours per week on real estate investing. In eight years, they have increased their net wealth from $0.8 million to $5.5 million, at an average rate of 27% per year in net wealth accumulation. Their net positive cash-flow from rental properties reached $150,000 per year. David wrote this book to empower you to achieve financial freedom too, regardless of your experience, just like how he started with little experience eight years ago.Their investment experience is repeatable by others. This is not a "get-rich-quick" book by someone in a fast-growing local market which cannot be repeated by others in the long-term. David and his wife live in a normal market with housing price appreciation of 3-4% per year in the past eight years, similar to the long-term historic average in the U.S. David and his wife are ordinary working employees with 0 financial inheritance; quite the opposite, they send money to help parents and relatives. They send three kids to colleges with 0 student loans. They have expenses and financial responsibilities just like many other families.Therefore, their investment experience and wealth accumulation, described in this book, are reproducible by others and sustainable in the long-term.Through a series of true stories documenting his experience in real-life deals, David shares how you can spend a few hours per week on the side to begin to have your money work for you, and how you can obtain rates of retu