
When Should You Invest.(To Build Long Term Unshakable Wealth)
Iman Gadzhi
00:00
How to Become a Real Estate Millionaire
If you have less than 30,000 year bank account, don't think that real estate is your way to financial freedom. I haven't found many real estate millionaires and I know a lot who started from $5,000 or $10,000 in their bank account. Or if they did, maybe it was 1973. And my opinion on this is the same thing that I see with businesses. When some agency owner clocks on to me about how they're doing 200 k a month in revenue, and I find out that their profit margins are 5%. As he said, they're literally working on poverty margins.
Transcript
Play full episode