Increase income or start small

[Solomon Oh]

Hi All-

I recently heard a podcast by Brandon/Josh & Grant Cardone about real estate investing. Probably one of the better shows with an interesting guest. I did a bit of digging into Grant Cardone and listened to a couple of his thoughts on real estate investing. It appears Grant is focused on taking massive action to increase your income & savings (100K) first before touching real estate. While I do understand the concept behind his thinking, I am wondering how many people would actually take on another career (sales oriented) to increase income first, or continue to plug away at a W2 and save money to start smaller.

I'd love to hear your thoughts.

[Charlie Fitzgerald]

The same number of people that do not listen to most great advice that they are given throughout their lives.

Today's generations want immediate gratification and return for little, if any, personal effort or financial stake.  The number of gurus promoting the prospect that you don't need any money, experience, credit, etc. to be a real estate investor grows every day.  Grant's advice is just that, advice.  It will resonate with some and for others it will not.  At the end of the day, what works for you and how you accomplish what you set out to do is going to come down to (in my opinion) 1. Why you want to do it, 2. What are you willing to do to get there, 3. What are your resources on hand for beginning the journey, 4. What sacrifices are you willing and able to make to reach your goals, and 5.  Who are you going to have guide you along the way.

Hope this helps