In life most of us do a 8-5 job. We all live for the weekends. This is the cage. People always want to collect a paycheck instead of earning one. As a real estate developer and investor. I look back and say. what if i knew today when i was 20. The amount of wealth would be quite more. So im sending this message to the 20 year olds out there. IF you follow this maybe it will help you.
- Get into a job that pays a good wage.
- live on a very tight budget.
- flip homes 2-6 years after a market crash.
- convert the profits into rentals.
- repeat...until you collect 20k a month rent.
remember there people need housing in a good or bad market. pay off the rentals one at a time. Hold them in a trust.
its simple yet so hard to accomplish took me many years and hard work you can do it to !
I know we all have our dreams man. Personally this isn't far off from my dream home ;). Anyways, yes your process is just one way of becoming successful. But truthfully, it's not the idea that will make you successful. It is the execution behind it!
thats correct in any area execution is the key. Some people can pull the trigger and some cant. Some will talk about it till they are blue in the face and never execute. People in seminars speaking have done a small amount and brag about doing much more. i know people like this.