There is always a way you can get out of a financial disaster, and while the way to do so may not be something you find right away, there’s always a light at the end of a tunnel. Real estate developer and instructor Nick Vertucci learned this over 15 years ago when he first got into the market and made money by buying cheap homes and commercial lots and renovating and reselling them. Now he teaches other people how they can do it at his NV Real Estate Academy which not only utilizes the classroom to give people the basics of real estate, but also gives them support while out in the field.
Nick Vertucci probably never imagined 20 years ago that he would be where he is today by building a real estate portfolio. He grew up without a college degree and spent most of his late teens and early 20s in poverty. His first chance at business success came when he founded a computer parts sales company, and the money he made doing this did bring some good times for him and later his wife and children, but they didn’t last forever. His business went broke when the dot-com bubble crashed in 2000, and he soon found himself going deep in debt to try and survive. But Nick Vertucci wasn’t about to give up yet, and he found out how real estate might be his ticket out of debt.
It was a weekend seminar that a friend told him about that Nick Vertucci first was introduced to the basics of real estate investments. He had to familiarize himself with industry jargon and terminology and spend some hours researching different tax laws. But something made him believe in what he was doing, and in a few years he began buying properties. It started with rentals such as vacation cabins and ab apartment condominium, and he later started buying individual houses and reselling them. Vertucci had made enough money to retire a millionaire by 2014, but the work was just begun at the NV Real Estate Academy that year. The academy has graduated thousands of people out into the real estate world and has made Vertucci’s secrets easy for most to understand.