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Updated about 2 years ago,
Can I rant about OPM
In real estate investing "OPM" is thrown around so much like it's just some magical thing. You just wish for it, and it shows up on your lap. It just doesn't magically appear. Yet in everything, it gets tossed around like it's magic and as convenient as your whipping out your credit card. But that's not at all how it works. And yet, it's literally behind every single "I BOUGHT THIS WITH ZERO MONEY" or "How to buy X when you don't have money" video and blog post out there. And no one is ever upfront or honest about the amount of leg work or effort that goes into obtaining other people's money. It's just a magical solution to all your problems.
I literally made a comment today about not being a cash buyer (yet) and the first comment is "Don't forget about OPM"
Yes, excuse me while I go pull it out of my rear end.