Affirmations Based on "Rich Dad, Poor Dad"[More] | OPM - The Art Of LeveragingYour goal is to not use your own cash. The most successful real estate investor tends to use OPM (Other People's Money). Keep this in mind as you start to invest. Hold out for the limited money down or no money down deal rather than tying up a ton of money in one property. Leverage, terms and long loans can be great friends. Keep these principals in mind [More] | How Do I Implement The Lease Purchase Plan?First determine how much time you will have to work on your business. If you are starting part time or spare time and think you might have 5-7 hours per week, in reality you probably will have 2.5 to 3.5 hours per week. Whenever we ask a partnering student how much time they have I always cut the time they give me in half. Why? Well because things come up, such as children, obligations, illnesses, their other job, etc. So rather than kid yourself and set yourself up for failure before you even start, be realistic with the amount of time you will have. [More] |
Asset Management
Perhaps more important than creating assets is maintaining what assets you have slaved to create! For this reason, asset management is an imperative skill you must master if you plan to be financially independent, or even not flat broke..
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