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Updated over 7 years ago,
Financial House Before Investing?
Hi everyone...I've done quite a bit of learning about real estate investing and have plans of starting into it one day. With that said, I am the sole provider of my 5 person family and will be starting into my doctorate in August. I recognize the income potential real estate has; however, I'm struggling with the "get your financial house in order prior to investing" advice I've heard. I'm stuck in the never-ending rat race that Robert Kiosaki talks about. If I continue to hold off on starting into REI, I'm concerned that I won't be able to start until 5-10 years down the road when my kids are older and getting ready to head to college. Any advice??