How To Invest In Real Estate Without Making These Mistakes – Robert Kiyosaki [The Rich Dad Radio]
January 27, 2023
THE GOOD & BAD NEWS ABOUT REAL ESTATE INVESTING
The strategy of “get-rich-quick” does not work in real estate. In fact, becoming a real estate investor is not for the faint-of-heart. Time, making mistakes, and going through the process are important elements to becoming a successful real estate investor. On the bright side, once you develop your process, the formula is the same as you go from one property to the next.
Most people have been conditioned to “buy low, sell high.” But that necessarily the strategy that Robert and Kim use when looking for the right property. Real estate has booms and busts just like other asset classes, and in addition to developing your process, understanding when the market is right for you to invest is a key element to investing in real estate.
There is good news for those who are wanting to add real estate to your portfolio! With the right financial education, anyone can build a stream of cash flow or a pile of equity. Hear the latest trends about real estate, and find out if we’re in a bubble. Robert & Kim are joined by Robert Helms & Russ Gray.
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