Description
"It was like "Rich Dad Poor Dad" with a different perspective! This book is quite a bit different from Mark's other books...it's actually written more like a novel with a storyline that is packed with all kinds of valuable, real-life information on real estate. What I liked about the book is that it challenged the idea that "your house is a liability, not an asset" that Rich Dad Poor Dad claims. Although Robert Kiyosaki's general idea makes a lot of sense (it takes money from your pocket each month. Therefore, it's a liability), there are so many other factors that Rich Dad Poor Dad never considers. My thing has always been, you have to pay to live somewhere each month anyway...why rent when you can make payments on a home that will likely increase in value over time? Anyway, the story in this book reminded me of a similar journey that I went through as an aspiring real estate investor. I absolutely recommend this book to anyone who wants to get into real estate investing, especially people who are in their twenties and who are trying to figure out how to get started. The book was easy to read and actually pretty entertaining as well. Definitely add this one to your list." Mo found himself stuck in life. His job sucked. He had no girlfriend. He had no savings and saw no hope for the future. He had to change something because this is not what he envisioned his life would be like. Then, Mo started to realize nothing was going to happen for him when he was not willing to do anything for himself. He decided to make some big changes, to learn how to make his life better, not just hope it would magically get better. In his search for something meaningful, he found real estate. Not only that, but he was inspired about life again. He was excited and ready to start making things happen instead of letting them happen.This is a fictional book that is meant to be educational as well. As a real estate investor, I have seen how powerful real estate can be as a wealth-building tool. However, many people, especially young adults, know nothing about real estate. They may have an idea that buying a house could be helpful, but they do not know the right ways to buy or how to make it a great investment, not just a place to live. This book follows Mo’s journey as a life-long renter with little hope for the future to someone who is excited and motivated about life and the future. He learns about real estate and how it can get him out of his rut. He also learns a lot about his attitude and himself in the process. Mo does not get rich overnight, but through the process, he reinvents himself and figures out exactly what he wants to do with his future. Not only does the book show what real estate can do, but it also goes over the details on exactly how to do it. This is not a book that skips over the how-to but instead focuses on it. It goes over foreclosures, HUD homes, rentals, flips, wholesaling, inspections, mortgages, using real estate agents, and much more.It’s a fun, light read that is highly educational as well. |
