Rich Dad, Poor Dad--Is it too late?

[Adam Rudolph]

In Rich Dad, Poor Dad it says: the people who hurry to catch the wave late usually are the ones wiped out. I wonder if that pertains to starting real estate investing right now. 

Maybe I wonder because I haven't started yet (other than listening to the hundreds of podcasts here and looking on MLS, etc.). I have listened to many investors who have become successful in the last several years and think if I try to catch that wave now I will get wiped out just like the surfers in Rich Dad Poor Dad.

BiggerPockets is awesome but I wonder if all this info is right for how the market is right now and someone just starting out--compared to the thousands of people who already have hundreds of thousands to millions in equity.

Best of luck to all you who just sat and read my post. 

[Nathan Gesner]

I'm guessing you're under 60. You could easily invest in rental property and be cash-flowing in under ten years if you hustle. Then you could live another 20 - 30 years off that cash-flow.

The best time to plant a tree was 20 years ago. The second best time is today.