Real Estate Investing Changes Your Destiny
The foolproof real estate investment bible from "Bu-Rak-Nam"
110,000-copy commemorative Bible edition (combined basic and practical editions) published!

The Bible edition of "Real Estate Investment Lessons That Change Your Destiny," the first investment book by Taeik Jeong, a leading real estate expert in Korea and known as "The Man Who Reads Real Estate," has been published.
This book, which celebrates the shortest period of time in the financial technology field, selling 110,000 copies, combines the existing basic and practical sections to enhance practicality.
It also has luxurious gold hardware and adds to its collection value as a true 'bible' of real estate investment.


It's been six months since the first edition of "Real Estate Investment Lessons That Will Change Your Destiny" was published, but beginner investors are still confused.
The rent, monthly rent, and sale prices have already gone up.
My bank account balance is low and I'm afraid of taking out a loan.
You want to start investing in real estate right away, but newspaper articles predicting that house prices will soon 'crash' are holding you back.
Will I ever be able to successfully purchase my own home and start investing in real estate? For countless beginners who are still pondering this question, "Bureadnam," a true Korean investment expert, has stepped forward.
He emphasizes that cultivating a positive investment mindset is of utmost importance.
In "Basics," he explains the fundamental principles of real estate investing and how to overcome the mental obstacles that block investment.
After that, it is time to understand the real estate investment rules that you must know and create an investment plan that suits you.
In the 'Practical Edition', we will teach you various investment secrets such as investment plan establishment, location analysis, apartment investment, and non-apartment investment methods along with various background knowledge required for actual real estate investment.
If you follow this book's investment lessons, solidify your mindset, and train your practical skills, you'll find yourself not only buying your own home, but also becoming a profitable investor before you know it.
Let's learn the unwavering investment principles of the wealthy man in this book.

"How can I become a good investor?" This is the question you should be asking yourself if you want to escape poverty and become rich.
And I have compiled my answers and know-how to the above questions in this book.
Yes, that's right.
Through this book, I intend to inform investors of the thoughts and actions they should have.
To become rich, you must change your thinking and repeat different actions.
If you find yourself thinking, “How can I do this?”, just close the book and return to your original reality.

---From the "Preface"

If I hadn't had the intense experience of making money through investing, I would still have dismissed "Rich Dad Poor Dad" as a rip-off, but that day was different.
That book gave me a purpose in life and became my prophetic book.
The teachings of the 'poor dad' in the book seemed similar to my past life.
Rich Dad's teachings were exactly the answer I was looking for.
I still vividly remember the promise I made that day.
After reading the book to the end, I made up my mind.
“I will not work for money.
I will make money work for me.
“I will spend the rest of my life creating a system that makes money work for me.”
---From "Before Starting the Basic Investment Class"

To cut to the chase, I made over 100 million won in profit from those 6 apartments in one year.
The financial crisis that was feared did not have a direct impact on the economy, so most people were able to keep their jobs.
Although people's income levels remained stable, the reluctance to buy a house continued, naturally increasing the demand for jeonse, and a situation unfolded where the rising jeonse prices pushed up the sale prices.
The first apartment I bought was then leased for 70 million won.
Even after paying off the 10 million won loan, I still had about 20 million won left.
As rents in other places also rose simultaneously, money accumulated in my bank account, and I was able to use this money as investment capital to purchase six more properties.
Even during the real estate slump when everyone around me was discouraging me, there was an answer.
I saw an opportunity when I moved differently from others.
---From "Before Starting the Basic Investment Class"

But it is too early to despair.
There has always been a huge wall between classes, but unlike in the past, now you can overcome that wall if you put in the effort.
Although it is very difficult, if you realize the existence of the wall and use this system properly, you can surprisingly quickly overcome it.
Otherwise, there is a high probability that our children will live the same life as us.
From now on, things have to change.
If you don't want to live the life of a hard-working slave, you have to live differently than you did yesterday.
We need to learn how to properly utilize the capitalist system and act accordingly.
Let me emphasize again that you must think and act differently to live a different life in the future.

---From "01 I work hard, but why is my life the same?"

“Buy a house first.” There are many reasons for this.
First of all, housing is one of the three essential elements for human survival: food, clothing, and shelter.
Everyone has to spend money to make a living.
But it would be ideal if you could buy what you absolutely need and own assets at the same time.
This is only possible when purchasing an asset called a ‘house’ among the necessities of life.
A home is an essential element for living, and at the same time, it is an asset that generates money for me when its value increases.
Not only that, but without a home, both I and my family would be uncomfortable and suffer.
Moving homes multiple times can lead to a decrease in residential stability, and if the rent or deposit rises sharply, it can be very difficult.
Having my own home gives me peace of mind because I don't have to worry about that.
…to escape slavery and defend against inflation, you must own property.
The thing you need to do right now is take ownership.
Owning a home in your name is a sure first step toward growing your "vessel of wealth."

---From "02 The Only Way to Beat Inflation"

The advantages of using mortgage leverage to buy a home in this way are clear.
This means that I can buy a house that is more expensive than what I can afford with my current funds.
Being able to buy a higher priced home means being able to buy a 'smarter unit in a better location'.
This is possible because we used the tenant's deposit money.
You can also buy a home this way.
The key to investing is to maximize your leverage within your capabilities to grow your assets faster.
---From "28 Total assets of 100 million won, which is right between buying a house and investing?"

When house prices fall and you are free from various regulations, it is okay to become a multi-homeowner.
However, you should not misunderstand this saying to mean, 'You will become rich if you increase the number of items unconditionally by looking for an opportunity someday.'
The key is not whether you can become a multi-homeowner, but rather, what position should I take now to maximize leverage?
As previously emphasized, investors must use leverage to the fullest extent possible to become wealthy.
You become rich by investing with a lot of leverage so that you can own a lot of assets relative to your capital. … When regulations are strengthened, single-home owners, or those who are trying to upgrade to a better home, can actually use more leverage.
This is because it is easier to get a loan than for those with multiple homes, and they are relatively free from various taxes such as transfer tax and acquisition tax.

---From "29 Can I invest in multiple homes by deducting the deposit now?"

It is wrong to say that it is difficult to invest because you do not have enough money.
To be precise, it means that I don't have enough money to buy the things I 'want' to buy.
If you're short on money, just invest in things you can afford.
As you gradually increase your money, you increase the size of your investment.
What I need to do now is not give up, but figure out what investments I can make with the money I have.
There are always investments that can yield returns even with small amounts of money.
In this chapter, we'll learn how to make money with little money.

---From "30 Ways to Increase Investment Returns with Less Money"