@Rich Wahl - Update: 2 Properties under contract.3/2, 1,890sq/ft, ARV is $78k, $29k in (est.) repairs, under contract for $20,500.2/1, 800sq/ft, ARV is $35k, $8k in (est.) repairs, under contract for $14,000.I got both properties under contract on Monday.

I'm not looking to become Robert K rich, just rich as I see fit.

After scouring the internet for any personal finance article I could get my hands on and seeing repeated recommendations to read Rich Dad, Poor Dad, I picked up the audiobook and my outlook on money is completely different.

CA is over $800 [I believe].I based my setup on the Rich Dad Education books [The ABC's of RE Investing & RE Advantages].

I understand this is not a get-rich-quick business but I am doing what I can to learn as much as I can and help as many people as I can!

If I had to pick one - I'd say Rich Dad Poor Dad was the book most commonly attributed by real estate investors (though, it's not a real estate book, really. it's more of a mindset book.)

An alternative is something I heard while listening to one of the "Rich Dad" audiobooks; apparently, Robert purchases his vehicles by first purchasing assets whose cashflow will match or exceed the monthly payments of the vehicle.

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe E-MythThe 4 Hour Work Weekhttp://flip2freedomacademy.com/ - free e-bookFlip2freedom episode 77 - podcast - LISTEN TO THIS TODAY!

I truly understand that real estate is not a get rich scheme, but I'm having a hard time understanding the lucrativeness of real estate over anything under 20 years.

I don't think there are any quick get rich schemes in real estate, but I always considered it more solid than anything else.