Knowledge Is Not Power

Have you ever wondered how real estate has made more people wealthy than any other investment vehicle?

How can that work for you? That’s right. You don’t work for it. It works for you.

Look. Why don’t I tell you — not only how it works in plain, simple English — but how you actually put it to use.

Additionally, what if I pointed you to reliable people that make it easy for you to choose the exact profitable rental property to buy — and you don’t need to pay this professional anything to find these properties for you?

Because I don’t just want to provide you with knowledge. I will give you clear, actionable steps. After all, knowledge alone is not power.

Knowledge + Action = Power.

Most people don’t become wealthy in real estate investing for one simple reason. There’s no action. They never start.

They’ve probably heard many times how real estate has turned ordinary people with everyday jobs into wealthy people with no job. But people don’t understand how that process works.

Absence of action is actually a risk in itself. Not learning about a better alternative investment — and then acting upon it — exposes one to a risk called opportunity cost.

Opportunity cost is the benefit that one could have received by taking another action. Learning about real estate investing is that action; that instrument for high return with relatively low risk.

What really stops people from starting? It is an emotion. It is fear. Fear of the unknown.

Robert Kiyosaki said that “The primary difference between a rich person and a poor person is how they manage fear.”

I say that nothing dispels fear like education. The greater the real estate education, the less fear.

The greater the real estate education, the higher the rates of return.

When beginning real estate investors ask me where they should begin investing, my answer is almost unequivocal.

Invest in your education first. It pays the best interest.

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Originally published at www.getricheducation.com on February 1, 2015.