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The Author

Daryl Deliman is from the Golden State of California in the United States. When he and his brother Torrance were growing up in eastern ’flatland’ they often dreamt of. Spoke of, planned for someday getting wealthy enough to move up, literally and figuratively, to the hills of Palos Verdes or bordering Rolling Hills Estate. As two of five children of an LA city schoolteacher, no major improvement was forthcoming or financially possible. They would ride their bikes through Palos Verdes, enjoy the ocean views and fantasize about one day owning a house there.

At high school, this financial or class structure was reinforced when he was dating a girl from Rolling Hills High School. She justified dating him, a ‘flatlander,’ to her friends and family as his status had improved having been accepted at Annapolis. Daryl was intrigued nonetheless as to how she presented him to her circle of friends.

Daryl worked as a western regional manager for major companies in the field of scientific lab equipment, he became a multimillionaire by investing in Southern California real estate. Daryl benefited by using tax advantages for sheltering income, which gave him more seed money to acquire additional properties. In this book, Daryl offers pragmatic steps for choosing ideal properties, how to finance those properties and how to weed out good tenants, plus how to upgrade properties by including accessory dwelling units (ADUs), as well as expanding a real estate portfolio while maintaining positive cashflow.

If you’re looking to make a quick buck Daryl very clearly states, then this book isn’t for you. His strategy is about Low-risk, patience and persistence. Seed money and/ or excess income, good credit, and endorsing support staff are required.

Daryl has been in the business of real estate investing in Southern California for more than thirty years, which includes acquiring many varied properties, upgrades of every sort, two recessions, one depression, an IRS audit, a BK Chapter 11 reorganisation, various partners, evictions, and most possible real estate issues. Prudence responses are offered to the inevitable real estate downturn doesn’t sink your plan.

Many working professionals, especially those subjected to heavy burden-tax-states like California, are alarmed at the increasing tax bite on hard earned incomes and are looking for some legal relief. Daryl also believes everybody should plan for their retirement, and rental income could be a safe hedge against inflation. He believes both important goals can be achieved here.

So, are you ready to get started in real estate investing? There are many benefits, and it often does not require major capital. Daryl’s presentations include specific successful plans and interviews with experts in the important areas of finance, property management, and tax shelters.

Let’s open the book.

Check out our video chat here!

The Book

Real Estate
Investing as a Lucrative Hobby and Tax Shelter
Your Guide to Success in Generating Consistent Rental Income

There are fourteen chapters to this book that as the subtitle hints at takes you on a step-by-step transition from getting off the starting blocks to becoming an accomplished investor in real estate. The one thing this book emphasises is that investing in real estate is a long-term plan to creating your own wealth. There are gains, but equally there are pitfalls and it’s all about getting the balance right for achieving sustainable profitable growth that will stand the test of time and resilience. Investing in real estate isn’t about making a quick buck or dashing for the finishing line. Rome wasn’t built in a day.

When you open the book, you’ll discover Daryl touches upon a variety of matters that you might want to take into consideration when embarking on this investment journey, he talks about getting started by selecting the right property, negotiating the purchase price, financing the project, through to choosing and caring for your tenants and enquiry suitable trades people to maintain your property or properties. 

In the second half of the book Daryl talks about a variety of issues, from upgrading the property, embracing or avoiding housing authority concerns, expanding your real estate portfolio, tax benefits, anecdotes, partnerships, minimising losses and a few other topical subject matters you should be aware of. 

Overall, this short concise book is a comprehensive guide drawn up by Daryl Deliman with some supporting interviews which will enable you to create a sustainable profitable real estate portfolio for now and in the future. It’s well worth a read, but as I said Rome wasn’t built in a day. Real estate investing is a long-term strategy.

Social Media Sites

www.daryldeliman.com

Publisher

Authorhouse.

Webpage: www.authorhouse.com /Bookstore/search Daryl Deliman.

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