You're rich!

I can build brand new 3 bedroom, 2 bath duplex for $110,000 per side ($220,000 per building).Conservative appraisal $140,000 minimum, real world would be $150,000.Rent $1300/per sideTaxes $250/month per side(non owner...

That maybe the case, however its only if have no real intention or the know-how for creatively helping someone solve their problem that I become a "time waster" Most of us weren't born rich and have to start somewhere. 

So eitherHe was already rich or he used Leverage ?  

Marcy, I would say that getting your husband on board is going to be a pretty important key to your success....I bought my wife a copy of "Rich Dad, Poor Dad" and that really helped give her an understanding as to why and what I was trying to do.

It's a real estate seminar scam similar to a Rich Dad seminar scam and Armando Montelongo seminar scam.

You can earn more if you manage the property yourself... but if you are busy with other ventures, a management company might be a good route.Although no one is getting rich on their first income property, you could feasibly have it paid off in full in 6 years or less and then aside from depreciation, taxes, management fees and whatnot, it's cash free and clear.

This will assure that you increase your skillset/knowledge and ultimately get to your goal one way or another.I set a 3 year passive income, “get rich slow” goal, which I am half way through at the moment.

I was pretty pissed when I first found out that the government is using my tax dollars to make other investors rich(which I still don't agree with.)  

Hello all,I have been gaining a lot of interest in REI recently, mostly after reading Rich Dad Poor Dad like everyone else, and I never really knew where to start.