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11. Start a Family Dynasty

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Buy six properties, love your tenants and pay off the mortgages. Take five years to acquire your properties each with 20-year notes and, in just two and a half decades, you will have created a family dynasty of wealth that can last forever. Let your children and grandchildren and great grandchildren thank you every month, as they collect the rents.

Start with education. Go to the library and read all the real estate books. Study real estate blogs and websites. Befriend investors who own income properties. Talk to real estate agents specializing in investment real estate. If you have no money to invest, that is your problem to solve. During your asset building years, work 50 or 60 hours per week. Why not start working part-time as a real estate agent? In the beginning, maybe you work with a partner. There is a way. Find it. Start small and finish big. Start with a small condo in need of upgrading and finish with several apartment buildings. This is your goal. You write it and only you can do it. Choose. You can do it.   

Sixty percent of people own a home. Basically, you do six times what they did once. You don't need an M.B.A. or any college degree. You don't need to invent a successful cell phone app. With the mindset of an Action Principles® Champion, you can complete our plan anywhere: Boston, or Berlin or Barcelona or Brisbane. Anywhere.

Think. You work hard for 20 years and then live comfortably for the rest of your life. Your children and grandchildren enjoy forever. Good work/reward trade.

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