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e premte, 15 shkurt 2008

How to leverage 10K to get 100K

From all the books that I have read about how to become a millionaire and also financial self-help books, all the books seems to be pointing to one path, invest in REAL ESTATE. No matter what the strategy is laid out in the books, it simply focuses on leveraging small amount of money to obtain a large amount of asset. No other investment can do this except Real Estate investment. The strategy is to have delayed gratification, save enough money and invest 10% as down payment for the real estate and having someone else paying off the rest of the mortgage. Seems easy isn’t it? But, then again, nothing comes easy. Perseverance, waiting for the right purchase and a lot of cheapskate attitude will determine whether you will succeed or not in making the investment in Real Estate.

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