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6 June 2024 | 3 replies
Best of luck with the listing @Matthew Rich !
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7 June 2024 | 11 replies
Hey Peter - I am 23 myself, and the first thing that motivated me was Rich Dad Poor Dad.
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7 June 2024 | 24 replies
I like the camaraderie, folks help each other with issues that arise.It is my anecdotal observation that in some groups, folks mostly invest with the main character, who gets rich(er) and the folks make some money.
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8 June 2024 | 37 replies
You have to actually go out there and find real deals, do the work to force equity, and only then do you get a bit of cash flow that eventually becomes significant years later.But that's not a get-rich-quick strategy so most folks won't do it.
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6 June 2024 | 6 replies
A wise investor will not try to get rich quick with shortcuts.
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6 June 2024 | 4 replies
I also recommend you stop chasing the "get rich quick" schemes you'll find on YouTube or in books written within the last five years.
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5 June 2024 | 10 replies
A big part of this was the belief that there simply wasn't any way out of the situation I was in except maybe a very narrow educational out to the middle class.The first rule of life for me was to HAVE RICH PARENTS.
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5 June 2024 | 5 replies
You can't count on believing that the family member will not produce a handwritten lease (real or not), or other paperwork & tactics, to throw a big old wrench in your initial/expected timeline.You CAN expect that if they see you as the big old rich/developer/bad guy enemy, they will do as much damage as they can, and drag their feet as long as possible.See if you can feel out what the relative actually wants/ needs, connect/come prepared with info on resources for local "housing help" options, etc (perhaps), and figure out what you can do to solve the problem (cash for keys with an incentive for quicker move out timeframe?
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5 June 2024 | 28 replies
Here are a few I recommend: "Rich Dad, Poor Dad" by Roberto Kiyosaki; "Set for Life" by Scott Trench; "The Unofficial Guide to Real Estate Investing" by Spencer; "The BiggerPockets Ultimate Beginners Guide" found here on BP; "The Book on Rental Property Investing" by Brandon Tuner.