What I Wish I Knew Before Buying My First Property
2025-01-23
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Real estate investing can change your life—but only if you do it the right way. Too many investors jump in blindly, thinking cash flow is just "rent minus mortgage" (big mistake!). In this episode of the Rich Dad Real Estate Show, I sit down with Mark McMahon, a seasoned investor and contractor with over 40 years of experience.
Mark shares his incredible journey—from losing everything in 2008 to building a real estate empire. We break down the harsh realities of investing, the biggest mistakes beginners make, and the key strategies that separate successful investors from those who burn out and quit.
Here’s what you’ll learn:
- The TRUTH about cash flow (it’s not what you think)
- Why most people fail at real estate investing
- How to build long-term wealth without making rookie mistakes
- The mindset shift you need to succeed
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Real estate investing can change your life—but only if you do it the right way. Too many investors jump in blindly, thinking cash flow is just "rent minus mortgage" (big mistake!). In this episode of the Rich Dad Real Estate Show, I sit down with Mark McMahon, a seasoned investor and contractor with over 40 years of experience.
Mark shares his incredible journey—from losing everything in 2008 to building a real estate empire. We break down the harsh realities of investing, the biggest mistakes beginners make, and the key strategies that separate successful investors from those who burn out and quit.
Here’s what you’ll learn:
- The TRUTH about cash flow (it’s not what you think)
- Why most people fail at real estate investing
- How to build long-term wealth without making rookie mistakes
- The mindset shift you need to succeed
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