Tag Archives: Plug the Holes Fill the Barrel: A Beginner's Guide to Building Wealth with Real Estate

Interview with Author Jason Kogok

1) Tell us a little bit about yourself. How did you get into writing?

I grew up and went to college in Maryland, then shortly after moved to Raleigh, NC. I started in real estate sales and investing in 2002 and really enjoyed the investment side, along with renovating projects. After about a decade of working with clients and investors alike, I realized there was a lack of direct, easy to comprehend and in-person training for novice investors to learn the ropes without being upsold into future programs. I started teaching to give people a trusted, reliable source for investing advice. My teaching progressed into various courses and in doing so, I started writing the content. That was really my first foray into writing. 

Advertisements

2) What inspired you to write your book?

As I was teaching, I noticed that everyone learns at different rates and it would be great if I could take all my teachings and turn them into one clean source, such as a book. Over the years, I’ve seen thousands of books written on the subject, so for my book to stand out, or at least be relevant, I knew it had to be something that the novice investor could not only understand, but feel confident in performing my lessons on their own. I was inspired to help the average person build wealth and secure their financial future. I wasn’t interested in selling an unrealistic goal of owning 100 homes or a large apartment complex, but rather simply a few homes owned over the course of a decade or two that could really change the long term trajectory of someone’s finances.

3) What theme or message do you hope readers will take away from your book? 

There are 2 things I want the reader to get. The first is motivation. Anytime you try something new, especially when it involves using your hard earned money, you have to be motivated. The second is a feeling that investing in real estate really isn’t that tough or complicated. When broken down into smaller, realistic steps, I think people will realize that truly anyone can do this. I want the reader to walk away motivated and then take action!

4) What drew you into this particular genre? 

This is all I know, lol! As a real estate broker, investor and teacher, I wouldn’t be able to write a book on anything else!

5) What social media site has been the most helpful in developing your readership?

I’m not a huge social media person, however I do realize it’s place in the marketing world. Facebook has been helpful just because it’s a place where people know me and thus, trust that if I wrote a book, it may be worth a glance. We do marketing on platforms such as Amazon and reaching out to national bloggers and book reviewers, but the book has gained most traction via word of mouth and positive reviews about the book. At the end of the day, if the writing is solid, people will find it; or at least I hope so 🙂

6) What advice would you give to aspiring or just starting authors out there? 

Make a plan and understand the self-publishing process. I had to create a pretty solid plan for the flow and content of my book or else I would just be aimlessly writing with no direction. I think that was absolutely critical for me to actually complete the book in an effective way. The other item is understand the self-publishing process. Just like real estate investing, it’s not super complicated and anyone can do it, but you really have to take the time to understand the process or you may burn a lot of money and time unnecessarily. 

7) What does the future hold in store for you? Any new books/projects on the horizon? 

No new books currently in the works; this one kind of mentally exhausted me. It took 20 years to gather enough information and confidence to write this one, so I may be a few years out before I follow up with another one. In the meantime, I’m continuing my real estate career and continuing to invest in real estate and teach as many people as I can that they can do it too!

Advertisements

About the Author

Jason started his real estate career over two decades ago as a real estate sales broker and since then has grown his real estate team to the top ranks in North Carolina. He also manages his own real estate portfolio and has had tremendous success with building his rental portfolio, along with ‘fix and flip’ properties along the way.

In addition to real estate, Jason has a passion for teaching, so he combined his extensive real estate and investing knowledge to pursue another chapter in his career. Jason teaches and coaches real estate brokers, novice & intermediate investors, as well as works alongside large individual investors to help scale their portfolios.

Jason lives with his family in Raleigh, NC.

https://www.investorswealtheducation.com/

Plug the Holes, Fill the Barrel: A Beginner’s Guide to Building Wealth with Real Estate by Jason M. Kogok Review

I received a free copy of this book in exchange for a fair and honest review. All opinions are my own. 

Author and real estate expert Jason M. Kogok takes readers on a journey into the heart of the real estate business, helping newcomers and experts alike to know the ins and outs of the industry and how to properly manage their investments in the book “Plug the Holes, Fill the Barrel: A Beginner’s Guide to Building Wealth with Real Estate”.

Advertisements

The Synopsis

Intended to be the go-to real estate textbook for novice and beginner investors, this quick-start guide teaches the ABCs of building wealth and financial freedom with real estate investing, while offering practical explanations, tips and real world examples that you won’t find elsewhere. Beyond simply providing a top-level guide of creating wealth and passive cash flow, this step-by-step playbook offers an in-depth look at every aspect of the investment process.

‘Plug the Holes, Fill the Barrel’ is the antidote to the drudgery of saving for 40 years only to wonder if those savings will last through retirement. The author, Jason Kogok, breaks down complex topics that may seem daunting to the beginner investor, from principle/interest payment strategies, to financing options, to effectively selecting the best investment properties in various markets. He answers common questions with practical guidance, like how to build a network when you’re just starting out, accurately forecast cash flow, leverage properties you already own to maximize future earning potential, and much more. He also delves into the less commonly discussed challenges specific to investing in rental properties, like effective property management techniques, red flags and must-haves of leases, and qualifying and managing your tenants in a way that creates efficiencies, reduces vacancy and increases cash flow.

Dripping with real world examples, this book demystifies ubiquitous investor “rules” and addresses common concerns like understanding market analysis, BRRRR strategy, real estate vocabulary terms and financing options and investing calculations. The text examines all styles of residential real estate investing, including single family and attached homes, and includes detailed explanations of . There is also quite a bit of explanation for various investment strategies, leverage, profit measurements and creative ideas that can teach you the way of the pros. The author also includes those often overlooked, but critical, often missed topics such as taxes, capital gains, depreciation, depreciation recapture and 1031 exchanges. The book discusses property management, leases, how to qualify and manage tenants in a way that creates efficiencies, reduces vacancy and increases cash flow. After finishing, readers should feel very comfortable on starting their own path to financial freedom, creating wealth with real estate investing and early retirement.

  • This is a real estate finance textbook for beginner to intermediate level investors.
  • One of the most comprehensive real estate books in 2022.
  • A real estate quick study guide for all.
  • Understand basics of real estate wealth hacking.
  • The perfect key for mastering your real estate career.
  • Create passive income from real estate wealth system.
  • Setting short & long term realistic real estate investment financial goals
  • Examining real estate properties for their investment viability
  • Running true complete cash flows with an easy to use formula for real estate rental properties
  • Portfolio analysis in its entirety and per asset
  • Examining depreciation, recapture & real estate taxes
  • Methods to reduce cash needed to invest
  • Leverage strategies
  • Real estate exit strategies
  • Examine supply & demand, inflation and interest rate
  • Financial terms, ratios and calculations such as Net Operating Income, Debt to Income ratios & Cap rates
  • Managing your tenants and creating efficiencies
  • Time management to create portfolios that run with limited time involved

A dense toolkit in an easy to read package that prepares you to immediately start building a portfolio of passive income with limitless potential.

The Review

This was a truly thoughtful and dynamic introduction to the world of real estate investment. The detailed and invigorating way the author speaks about the business and wealth side of real estate is so fascinating to read, as it gives a unique perspective that is not discussed often in a public forum. The author did a great job of covering a wide range of topics within this field, from the different ways in which to manage one’s investments to the types of properties to invest in and so much more.

What drew me into this book immediately was the author’s honesty and candor. The author’s own words make it clear that he is not a writer with a working knowledge of real estate, but instead a real estate expert who took a stab at writing to help others understand the field better. This honest approach to the writing style made the book come alive in the reader’s hands and felt like having an honest and open discussion with the author himself as the book carried on. Their experience as a teacher was felt as well, often coming through in the tone of the book as the lessons in real estate came to life on the page. 

The Verdict

Thought-provoking, enlightening, and passionate, author Jason M. Kogok’s “Plug the Holes, Fill the Barrel: A Beginner’s Guide to Building Wealth with Real Estate” is a must-read nonfiction book on business and real estate in particular. The precision and detail in which the author went into the business of real estate investment, and the author’s ability to transform these lessons in a way that the average reader and newcomer to the business could understand made the book an instant hit in my book. If you haven’t yet, be sure to grab your copy today!

Rating: 10/10

Advertisements

About the Author

Jason started his real estate career over two decades ago as a real estate sales broker and since then has grown his real estate team to the top ranks in North Carolina. He also manages his own real estate portfolio and has had tremendous success with building his rental portfolio, along with ‘fix and flip’ properties along the way.

In addition to real estate, Jason has a passion for teaching, so he combined his extensive real estate and investing knowledge to pursue another chapter in his career. Jason teaches and coaches real estate brokers, novice & intermediate investors, as well as works alongside large individual investors to help scale their portfolios.

Jason lives with his family in Raleigh, NC.

https://www.investorswealtheducation.com/