Real_Estate_Mike on Squidoo

My name is Mike Lautensack and I was a part time real estate investor up until 2005.  At that time, I became a full time real estate investor as well as started a full service property management company.

I began my business career very similar to many people working my way up through the corporate world and quickly realized that this was not the path to real wealth.

I started investing part time...

more

My name is Mike Lautensack and I was a part time real estate investor up until 2005.  At that time, I became a full time real estate investor as well as started a full service property management company.

I began my business career very similar to many people working my way up through the corporate world and quickly realized that this was not the path to real wealth.

I started investing part time in real estate during 1999 as a way to generate additional sources of passive income. I started to realized that I really enjoyed being involved in real estate and wanted to pursue my new passion on a full time basis.

I am the owner of Real Estate Wealth Today.com which contains an enormous amount of information and advice on how real estate can be used to create wealth and monthly cash flow. You can also join our Real Estate Wealth Newsletter which is a free monthly newsletter that's jam-packed with all the hottest tips, tricks and info about real estate investing and Wealth creation.

I am also the President of Del Val Property Management, LLC Residential Property Management where we provide full service property management services for over 100 real estate investors.

I was recently added as one of the top 50 real estate Guru's by www.GureView.com - to see my to biograhy go to Gure View Mike Lautensack.

My best advice for the small investor is to focus on a small geographic area (less than 5 miles square) and get to know prices and rents in that area better than anyone so you are the "expert" in that area - my business really suffered until I  focused on two small towns and started to know them better than the sellers so I knew when we had a good deal. I believe that a combination of real world experience and reading material from investment experts are important parts of gaining knowledge in real estate investing.