For 18 years, Jordan was on the editorial staff of Money magazine, where he served as Wall Street correspondent. While at Money, he reported and wrote on virtually every aspect of personal finance. In addition, he served as weekly financial analyst on NBC News at Sunrise for 9 years and the daily business news commentator on Mutual Broadcasting System’s America in the Morning show for 8 years.
He is the author / co-author of 13 best-selling books on personal finance including Master Your Debt Fast Profits in Hard Times, Everyone’s Money Book, Master Your Money Type, Barron’s Dictionary of Finance and Investment Terms and Barron’s Finance and Investment Handbook.
He has also written 6 special focus editions of Everyone’s Money Book on College, Credit, Financial Planning, Real Estate, Retirement Planning and Stocks, Bonds and Mutual Funds.
Jordan is also a speaker and seminar leader on personal finance topics for business executives, students, associations, investment clubs, employees and others.
Description: What kind of real estate investing generates the most cash flow? What kind of real estate investing has less competition? Is it wise to buy property sight unseen, solely on the numbers? What is the most sound way to evaluate the return on investment real estate? What about investing in small apartments? Jordan Goodman, America’s Money Answers Man, talks with small apartment investing guru Lance Edwards about Edwards’ personal experience getting started with small apartments and how that experience led to early retirement, wealth, and teaching others to do the same. Goodman and Edwards discuss what makes small apartment investing so feasible as a less than part-time activity and why newcomers can succeed.
Guest Bio: Lance Edwards is the author of the best-selling book, “How to Make Big Money in Small Apartments.” His company, First Cornerstone Group, LLC, is a real estate education and marketing company. Houston Business Journal recognized Lance’s company as the 13th fastest growing private company in Houston, Texas. Lance started in 2002 when he discovered real estate investing as a supplemental income source. His first purchase was a four-unit small apartment building which he purchased nothing-down and 100% seller-financing. Within three years, Lance was able to retire and focus on real estate investing full-time. Since 2007, he’s also taught and mentored thousands nationwide on how to get started in small apartment investing (2-30 units), using none of their own cash or credit and with no prior experience. Whether wholesaling or buying, his student success stories are those of everyday people, mostly beginners, who’s very first real estate deal was a small apartment building.