First post here (Steve's constant reminding has finally got me going!)
My a-ha moment from these sessions is that I can't decide between the two models.
-I prefer the wheel of wealth model, in that I like the idea of quick cash deals & building a capital base that way
-but Monopoly theory suits me better from the perspective that I don't have a great deal of available time i.e. I'm 30, work f/t, hoping to start a family soon
So I need to look at how to make more time available for investing.
Any thoughts or alternative perspectives/adaptations to the two models?
Hey Scott I am with you.
For me I would like to concentrate on my career and side businesses.
But want to get into property. I find that it is even hard to set myself a property goal. I just want to make $100k and walk away with it.
Kinda waiting for how to find these deals.
anyhow, I need to think about my time constraints. That said being honest with myself Monoploy theory makes more sense becasue of that.
Hey Scott,
You could look at buying tony Robbins RPM time management system to create more efficient time spending strategies. I have used a few of his other programs and done in intro to RPM and its quite amazing at the changes we can make with a few simple strategies. Similar to how Steve is giving is sharing his Property Investing strategies Tony Robbins is a master at peak performance and human behaviour. Otherwise you could lower your living expenses and reduce your work hours by one day week to create more time or find a business partner with equity and time and team up using your income to leverage the investments.
Regards,
Jordan