I am a 34 yr old female who is VERY interested in Real Estate Investing. I have studied all of the "What" and now I am ready for the "How". I am asking for a mentor who is a Millionaire and lives a life of a MultiMillionaire. I want to study under the best. If this is you, let's get together and see if we are a good match.
2006-07-19 11:19:43 · 5 answers · asked by SweetBrunette 5 in Business & Finance ➔ Investing
You don't need a mentor as much as a strategy.
I don't believe in investing in RE now because I believe the RE market is heading into a downturn with higher interest rates. On the other hand, if you have money, you can buy distressed RE at very low prices since the owners cannot make their loan payments.
Robert Kiyosaki, author of Rich Dad, Poor Dad, is a great fan of RE investment. Aside from his book, Kiyosaki has a board game which teaches the fundamentals of RE investment. Many of these people have game-playing clubs, and then get into RE investment together. You can read more about him in the link below.
2006-07-20 11:58:43 · answer #1 · answered by Paul D 2 · 0⤊ 0⤋
It's about time you stopped thinking about real estate investing. Real estate investing works well while interest rates decline (which is exactly what they have been doing since 1983). Now they are beginning to rise again...
2006-07-19 11:26:04 · answer #2 · answered by NC 7 · 0⤊ 0⤋
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2006-07-22 07:54:54 · answer #3 · answered by Omar F 1 · 0⤊ 1⤋
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2006-07-19 18:16:45 · answer #4 · answered by Tarumi 2 · 0⤊ 0⤋
wont happen ur to old stick wit ur 401k u noob
2006-07-19 11:23:41 · answer #5 · answered by Anonymous · 0⤊ 0⤋