How do I get started in real estate investing 2 generate income (either passive monthly or quick buy+sell)?
Question by Kris T: How do I get started in real estate investing 2 generate income (either passive monthly or quick buy+sell)?
I have a pretty decent amount of extra cash available and I want to start investing in real estate to generate passive (rental) income or quick turnaround profit, but I have no idea where to start.The current market seems like it would be a great one to jump into due to very low prices. I read Robert Kiyosaki’s Rich Dad Poor Dad recently. I definitely want to start making my money work for me and not the other way around. He makes it seem so easy to buy and sell properties, especially during a down market, with putting up very little money. I have done some web searching and it seems that there are a ton of real estate investing strategies out there. Any advice, tips, strategies, help, knowledge, recommended reading, etc. would be greatly appreciated. Thanks.
Best answer:
Answer by Guess Who
Well, don’t believe everything you hear.
Why is Robert Kiyosaki selling you books on how to get rich in real estate instead of investing himself? Because selling books to vulnerable people is more lucrative than investing in real estate.
Think about it!
What do you think? Answer below!