It's quite amazing how the mindset changes in a short amount of time. A year ago I didn't even know what an investment property was. I thought people that had rentals were really really rich, because I didn't know about equity either. I thought that rich people, were people that had huge incomes and saved all their money. I had no idea that there was good debt and bad debt.
Six months ago, if someone said to me "If you won Lotto, what would you do with the money. I would have said, pay the mortgage off, pay the credit card off, buy a really really expensive car, go on an expensive holiday and buys lots of things so that I would look and feel rich.
Now that "I've seen the light" someone said to me other day, "What would you do with the money, if you won Lotto. I immediately said, "buy more properties". They just looked at me blankly - really "why". I said, so I can make more money. I said, "do you realise how many properties you could buy if you won $1k. They still looked blank, so I didn't bother explaining.
I feel like I now know this huge secret, that I'm willing to tell, but generally people don't want to know about.
Oh well, the carrot chasers can have their flash cars, I'm now keeping mine till it falls apart.
And I don't even buy Lotto anymore.
Six months ago, if someone said to me "If you won Lotto, what would you do with the money. I would have said, pay the mortgage off, pay the credit card off, buy a really really expensive car, go on an expensive holiday and buys lots of things so that I would look and feel rich.
Now that "I've seen the light" someone said to me other day, "What would you do with the money, if you won Lotto. I immediately said, "buy more properties". They just looked at me blankly - really "why". I said, so I can make more money. I said, "do you realise how many properties you could buy if you won $1k. They still looked blank, so I didn't bother explaining.
I feel like I now know this huge secret, that I'm willing to tell, but generally people don't want to know about.
Oh well, the carrot chasers can have their flash cars, I'm now keeping mine till it falls apart.
And I don't even buy Lotto anymore.