No answer.Many “investors” want to be rich - but they DON’T want to do the work!  

Hi Everyone,I got started in real estate investing about 12 years ago after attending a Rich Dad Poor Dad conference, which sparked my interest.

I am being told that the reason they charge that much is because the rich people building vacation homes out there will pay any amount and don't care about the immediate loss of equity and they have more business than they can handle.

I don't know, but your guy who is self insuring with those numbers is either stupid, nuts, or so filthy rich he doesn't care about taking losses.

And you've joined one of the best communities for all things real estate investing.1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...Also, read Rich Dad, Poor Dad by Robert Kiyosaki and Think and Grow Rich by Napoleon Hill 3️⃣ Subscribe to BP podcasts or YouTube channel and watch their webinars. 4️⃣ Ask questions here on the forums.5️⃣ Visit (join) a local (and legit) real estate investment association.6️⃣ Consider joining a BP bootcamp: https://www.biggerpockets.com/blog/real-estate-investing-bootcampsI wish you all the best in your investing journey!

Ignorance is my main issue but after reading Rich Dad Poor Dad I’m inspired to get in the game.

I've been saving since I read Rich Dad, Poor Dad.

To enhance your real estate investing knowledge, consider reading books like "Rich Dad Poor Dad" by Robert Kiyosaki, "The Millionaire Real Estate Investor" by Gary Keller, "BRRRR: Buy, Rehab, Rent, Refinance, Repeat" by David Greene, "Set for Life" by Scott Trench, and "The Book on Managing Rental Properties" by Brandon and Heather Turner.

It helps to start by picking one or two markets to research in depth, especially those that offer good value for your capital or align with your goals.For resources, I’d suggest diving into books like Rich Dad Poor Dad to build a solid real estate mindset, and maybe explore podcasts or online forums where real estate investors share experiences.

A prudent investor doesn't seek quick riches through shortcuts.