Everyone says we live in the land of the free the sad part is you are not free until you are financially free…
WHO HERE CAN TAKE OFF AND GO ON VACATION TOMORROW FOR 6 MONTHS WITHOUT A CARE IN THE WORLD?
WHO HERE CAN GO BUY THE CAR OF THERE DREAMS TODAY WITHOUT A PAYMENT?
WHO HERE CAN DO WHAT THEY WANT WHEN THEY WANT FOR ANY REASON THEY WANT?
Financial freedom is the only freedom… THIS IS THE GOAL NOT HOW MANY DEALS YOU DO OR HOW YOU DO IT… THIS IS THE GOAL!!
FREEDOM DOES NOT COME FREE!!!
Man, have you hit that dead on.
But I’ve got to say that’s it not even about how much money you have available. What I’ve learned through REI is the ability to create wealth, at any time. To me, that’s even more important than having a ton of $$$ in the bank. Even if I were to lose all I’ve got tomorrow, I now know how to generate $$$, so I could make it again.
Case in point. REO, as we’ve discussed, I’ve been involved in a couple other business startups this year, and as such, have spent too little time working the RE investment business. So when I started looking at the accounts, I said, “Man, I need to generate some cash!” As of today, by the end of Oct., I will have generated $50K + in cold hard cash.
To me, that’s freedom.
Raj
I agree, but see I want to take this REI stuff with more of a business approach then a get quick rich scheme. I feel this type of business falls prey to a lot of sales man and liars. I just hope that this can really work and that the practice is sound.
You are so right. That is my quest. I have a job and so does my wife. We are both executives and make a lot of money. I make more than her, but she makes so much that we live totally on her income and bank mine. We enjoy our work so don’t want to quit, but when we vacation each year, we say it would be nice to be able to do this anytime we want. So I am in the process of replacing the income from my job with real estate so that I can be free to leave the job as soon as a couple of my benefits are vested.
I am not investing for money…I have that, I am investing for freedom!
Now JP, don’t get me wrong.
This IS my business and it is NOT a “get rich quick” scheme. It takes alot of knowledge and hard work to truly be successful in this business. What I did not everyone could do. My point was, that by learning the REI business, I can now generate cash when it’s needed, and do it legally. There aren’t too many businesses out there where that is possible.
Raj
yea, ill get there too there are a couple areas that are still grey to me that I ahev to sharpen up. Such as the whole financing part, as someone with credit scores around 808 I need to find out my financing options and find a good lender…
Hello Everyone, REO and Bluemoon06 have made some great points about freedom. Financial and time are truely the main points. But, consider TOTAL freedom. What do you do with all the money you have after you have made “more than enough”. When you have all the time in the world, where will you spend the rest of your time.
My point is that others do not have the luxury of these freedoms as we do. Helping others should be the main GOAL. Helping them achieve their FREEDOM should be the greatest of all.