Richard Garcia, founder and CEO of — CashFlowClub, has released his new book, The 7 Steps to Wealth Creation Through Real Estate Investing (Inky Press: 2020). Upon its debut release, the book became an instant Amazon #1 Best Seller, topping four Business & Money categories, including the competitive category of Real Estate.
In the book, Garcia talks candidly about his trials and tribulations, as well as his formula for creating wealth. Specifically, the bestselling author explains why multi-family dwellings is the best investment and he also discusses his philosophy about never owning your home. In several parts of the book, Garcia reflects on his past.
“When I look back,” he writes, “I think to myself about all those missed opportunities. See, I grew up in a very rough neighborhood in Miami called Hialeah. Everyone in and around this neighborhood typically stayed for their entire lives. It’s because they all had one thing in common. They didn't live up to their full potential.”
Garcia began his career in the financial industry, working for Bank of America and Merrill Lynch while still in college. In these positions, he became highly skilled at learning the stock market. Out of college, he changed directions, entering the big tech industry starting with Tesla, Google and then Facebook. It was during his time at Facebook that Garcia began putting his real estate knowledge to work. He began buying, rehabbing, renting and refinancing properties. In a few short years, his portfolio grew to over $6.5 million in value. Today, he’s solely focused on his real estate business and his brand, which includes spreading his message through his start-up business, CashFlowClub and his book. In a recent interview, Garcia explained his motivation for writing the book.
“I wrote this book because most throw money at investments without education or a strategy,” said Garcia. “Taking a side step to learn will increase your success exponentially while reducing your downside risk significantly,” he added.
Today, the 31-year-old real estate investor is making it his mission to pass on his knowledge on to others, providing insights and his exact blueprint for finding success in real estate investing. When asked who will most benefit from this book, Garcia replied, “Those who want a better, more stable financial life.”
The 7 Steps to Wealth Creation Through Real Estate Investing, by Richard Garcia is available exclusively on Amazon in paperback, or as a downloadable eBook
Release ID: 88989674