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I bought a four-plex building for $530,000. It was the most valuable possession that I had owned at the time. Then the building value went down, down, down. It fell from $530K down to $500K, then $490K, then $480K. I didn’t know where the price bottom was going to be....
How much would you want to invest in something that could never go up in value, but only go down? Well, zero. Right? That sounds awful. However, a substantial amount of your net worth is probably tied up in this vehicle right now. It’s called home equity. Home equity...
Stop looking at property. In real estate investing, the property is only the fourth most important thing. People make the mistake of starting out by looking at properties. That’s why you hear bad stories of how they had an awful rental property experience. If you want...
“THE SCARCITY MENTALITY IS ABUNDANT AND THE ABUNDANCE MENTALITY IS SCARCE.” – KEITH WEINHOLD
For the most part, the wealthy have not shared the “whys” and “hows” of profitable real estate investing with the middle class. Get Rich Education does. You learn how generational wealth is created, simply, safely, and with little of your own effort. More importantly, the approach helps protect your time. When I began investing in real estate, I wanted to start down the road of “Work Smarter. Not Harder.” But I worked too hard at it in the beginning, managing my own property and making crucial mistakes.