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When You Think Real Estate Think Rich





When You Think Real Estate - Think Rich

What is the difference between people who get rich and people who don't? It is a very simple question that many people simply forget to ask. The first time you are truly confronted with this question, you will probably reach for an easy answer, such as, “Being born into a rich family” or “Getting lucky with the lotto” or even “Having a good career that pays a lot of money.” And you might indeed be considered lucky if any of those things had happened to you.

The bad news for those lucky people is that being in those circumstances is no guarantee of wealth. In fact, according to Robert Kiyosaki, author of the Rich Dad book series, it isn't about how much money you bring in, but how much money you keep that determines how wealthy you are.

For instance, his father, the highly educated man to whom he refers in his books as his “poor dad,” always had a good salary. Yet, Kiyosaki said, at the end of every quarter, he was practically penniless.

The good news for you, is that becoming rich has less to do with external factors like your job or whether you were born a Rockefeller, which you can't control, and more to do with internal factors which you can.

Whether you ever become rich or not is determined, in large part, by nothing more than how you think.

The man Kiyosaki dubbed his “rich dad” broke people down into four types and set them on a graph he called the Cash Flow Quadrant. On one side of the quadrant are the E's and S's, or the Employees and the Self-employed. On the other side are the B's and I's, or the Businesspeople and the Investors. According to Kiyosaki, each of those quadrants represents which sector a person's money comes from. It also represents the way that person thinks.

Are you beginning to see? The people in the four quadrants are not there by chance–they are there because they experience life in fundamentally different ways.

“The four people in the four quadrants are four totally different people,” Kiyosaki says in his book “Cash Flow Quadrant.” “The four people found in the four different quadrants are different mentally as well as emotionally.”

What's more, Kiyosaki says, it is that emotional difference that determines to which quadrant a person is drawn. And, he says, you can always tell which quadrant a person is coming from simply by listening to what they say. If you hear a person talking primarily about their benefits and job security, then that person is coming from Kiyosaki's E or employee quadrant. He also goes on to say that it is perfectly all right to live your life in the E quadrant if security is indeed the most important thing to you. But, he adds, the E quadrant is the most difficult quadrant from which to become rich.

It sounds a little scary at first, but this is actually good news for you. It's good news because it means that, if you want to get rich, all you have to do is start thinking more like the people who live in the I, or investors, quadrant.

One of the best things you can invest in is real estate. That is what Kiyosaki's rich dad did, and it made him...well, rich. In order to think like a real estate investor, simply tell your money that you are through working for it. It is time for your money to get to work for you.
About Author Alex Anderson :

Investment Property Specialist Alex Anderson Has 3 Websites - One For Minnesota: <a href="http://minnesota.greatinvestmentproperty.com" target="_blank">http://minnesota.greatinvestmentproperty.com</a> - One For Florida: <a href="http://www.hotfloridamarkets.com" target="_blank">http://www.hotfloridamarkets.com</a> - And One For National Real Estate Investing: <a href="http://www.greatinvestmentproperty.com" target="_blank">http://www.greatinvestmentproperty.com</a> (FREE INVESTMENT PROPERTY PROGRAM!)


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Article Added on Wednesday, March 21, 2007
LD
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