So, step one, have a plan.The further down you move your expenses, the more quickly you can accelerate your accumulation.

It's all related to the same, in-depth study of how people accumulate wealth, a project he carried on for decades and now continued by his daughter.There were certain parts of the book and the rest of Stanley's writing that just didn't apply to me at the time I read it: discussions of how owning a big, opulent primary residence screws you financially, why teaching your adult children to rely on you financially can be a natural inclination but a very bad idea, and one of the ideas that Stanley pounds home again and again -- wealth allows you to seize fleeting opportunities that others cannot take advantage of.

Since the end of 2014, I have accumulated nearly 100 cash flowing properties/units along with a partner.  

I would keep that 500 dollars and keep adding 10% of my paycheck to that balance and accumulate a good chunk of change until I can really start!

You might just need to press the "pause" button until you can accumulate more capital.

And it's the governors' sworn duty to protect these rights, not to violate them.Is this what James Madison was referring to when he declared in Federalist 47:"The accumulation of all powers, legislative, executive, and judiciary, in the same hands, whether of one, a few, or many, and whether hereditary, self-appointed, or elective, may justly be pronounced the very definition of tyranny."

It’s easy for newbies to forget that capital is needed to operate and maintain a property for the first few years when you haven’t had the time to accumulate a lot of cash flow.But to answer your question, I invested where I went to college because I knew it to a certain degree.  

This # will likely increase when I have a spouse and children to account for, but will also be in a better position at that point in time to have accumulated more income producing assets.Thank you again for the encouragement and excellent suggestions.

FAR more.. real estate on the rental side is great for long term wealth accumulation but to have it fast and now there are many other ways to make better money.  

@Katie Miller im a newbie at the moment in my “accumulation phase” I call it gaining knowledge and capital I’m working a decent hourly paying job saving as much as possible (I’m literally eating rice, beans, and chicken everyday) I’ve watched countless Brandon turner podcasts I’m not into books too much but I’m getting rich dad poor dad soon because it has been mentioned so much even on other podcasts I listen to so my goals would be to read and finish rich dad poor dad and to read more books in general goal 2 would be to develop a full scale frugal lifestyle until I reach where I would be comfortable financially goal 3 would be to get into my first multi family property before fall of this year goal 4 is to be on my way saving to either buy my 2nd property or have the 1st fully renovated.