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Updated almost 5 years ago on . Most recent reply

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Buying Real Estate and saving up tips

Bellman Tumasang
Posted

Those who have bought real estate or have lots of money saved up could you please give me tips on how to save up money to eventually invest in real estate. 

Do you chuck leftover money after bills and other expenses into a savings account and forget about it? Do you hide cash under your bed? Etc

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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

Read The Richest Man in Babylon by George Clason. It will literally answer those questions and give you a mindful overview on how to save money. In short, you should be parceling off everything you make in parts. Some for taxes, some for future, and living on as little as you can.

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Zen and the Art of Real Estate Investing
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