I read this book for the first time around 2001 and this is what originally got me really interested in real estate.
The premise of the book is so simple yet so profound, that it eludes most of our country’s population (because of poor financial education): The wealthy in this country get wealthy by buying ASSETS (houses, bonds, stocks, etc) while all the poor worker bees and chumps chase around liabilities (cars, personal residences, credit card debts, etc).
An astoundingly high percentage of my show guests cite this book as their “start” into real estate investing. If you haven’t read it, don’t put it off.
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