Podcast
Questions and Answers
Why did the person involved in commercial real estate projects decide to also get involved in network marketing?
Why did the person involved in commercial real estate projects decide to also get involved in network marketing?
- To expand his network of investors for his real estate projects.
- To make quick money through network marketing schemes.
- To help people who couldn't afford to invest in his real estate projects. (correct)
- To take a break from real estate and explore a different business avenue.
Why did most people interested in real estate investment seek no-money-down deals?
Why did most people interested in real estate investment seek no-money-down deals?
- They wanted to diversify their investment portfolio.
- They lacked the necessary funds for traditional investments. (correct)
- They were following the advice of experienced investors.
- They were looking for risky investments with high returns.
What did the person find exciting about working with people in network marketing?
What did the person find exciting about working with people in network marketing?
- Their interest in risky investment opportunities.
- Their willingness to learn and grow. (correct)
- Their extensive knowledge about real estate investments.
- Their ability to invest large sums of money.
What frustrated the person about working with some individuals in real estate deals?
What frustrated the person about working with some individuals in real estate deals?
What motivated the person to continue exploring network marketing?
What motivated the person to continue exploring network marketing?
What aspect of network marketing enabled the person to increase his pool of potential investors?
What aspect of network marketing enabled the person to increase his pool of potential investors?
What is a common misconception about real estate investing according to the text?
What is a common misconception about real estate investing according to the text?
Which quadrant of investors would most likely say, 'I want to hire a good property management company to fix my toilets at night'?
Which quadrant of investors would most likely say, 'I want to hire a good property management company to fix my toilets at night'?
What did the rich dad say about different quadrants and their investing habits?
What did the rich dad say about different quadrants and their investing habits?
What is the main difference in how an S quadrant investor and a B quadrant investor approach property maintenance?
What is the main difference in how an S quadrant investor and a B quadrant investor approach property maintenance?
In the context of real estate investing, why does the text imply that moving is necessary for getting rich?
In the context of real estate investing, why does the text imply that moving is necessary for getting rich?
Which group of individuals did the author suggest are less likely to succeed as real estate investors?
Which group of individuals did the author suggest are less likely to succeed as real estate investors?
What is the main difference between an asset and a liability in the context of network marketing?
What is the main difference between an asset and a liability in the context of network marketing?
Why does the author consider their two Porsches as liabilities?
Why does the author consider their two Porsches as liabilities?
What does the author emphasize as the No. 1 asset for people who understand financial principles?
What does the author emphasize as the No. 1 asset for people who understand financial principles?
How does the author distinguish between cash flow and capital gain in real estate investments?
How does the author distinguish between cash flow and capital gain in real estate investments?
According to the author, why is selling real estate for a profit not a wise investment strategy?
According to the author, why is selling real estate for a profit not a wise investment strategy?
How does the author illustrate the concept of generating capital gain at the expense of an asset?
How does the author illustrate the concept of generating capital gain at the expense of an asset?
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