
“What in the world? Where is all of my money?! I just had over $100,000 in my bank account yesterday, and now I’m down to $1.50.”
If I had a nickel for every time I heard a real estate investor say something to that effect, I’d have several dollars and could buy (maybe) one scoop of Cold Stone ice cream.
At some point or another, you have probably read “Rich Dad Poor Dad” (This book is pretty much a prerequisite to being a real estate investor, so I highly recommend reading it.) And if you’ve read and really enjoyed it, you have probably played the board game Cashflow 101, also by Rich Dad author Robert Kiyosaki.
In his penultimate book and board game, Kiyosaki talks about the rat race. The whole point of the board game is to get out of the rat race. The rat race he references at a high level is getting up, going to work, trading your time for money, and then doing it all over again the next day—forever and ever and ever.
I’m guessing that you probably got into real estate, too, because at some level, you wanted to get out of the proverbial rat race. So, you started a real esta
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