Real Estate

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If you want to know what I've been doing lately, just check out my Rich Dad Journey blog. I've been doing TONS of research, reading, etc. All on how to invest in real estate, set up a business, etc. It's been a lot of fun too!

Did you know that big businesses like Wal-mart and McDonald's main net worth doesn't come from the proceeds from their business, but from their real estate holdings? It's true!!!

• Walmart. Company revenues = $3.2 billion. Real Estate Asset Value = $78.7 billion.
• Sheldon Anderson (Las Vegas Sands Cooperation). Company revenues = $589 million. Real Estate asset value =$2.6 billion.
• Ray Kroc (McDonald's). Company Revenues = $4 billion. Real estate asset value = $29.9 billion. Ray Kroc was quoted as saying that he is "not in the hamburger making business, but [that he is in] the real estate business."

Ask yourself this after looking at the numbers. Which would you rather own, the business or the land?

It's not as hard as you think. Well, it's hard in that you need to invest in educating yourself about how to invest in real estate properly, but it's well worth the effort. My husband and I, mostly me (cuz he works a lot), are in the process of setting up our business. I've done a lot, but still have a long way to go. Wish us luck!!!

Most, well all so far, of the books we've read are by Robert Kyosaki and his gang of knowledgeable team members. So far, I love them all. Here's a short list of some of the books I've read so far:

• Rich Dad Poor Dad
• Cashflow Quadrant
• Guide to Investing
• The ABC's of Real Estate Investing
• The Advances Guide to Real Estate Investing

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• How to Get Your Business to Grow Up and Run Itself (myventurepad.com)