Welcome to the Real Estate Strategies podcast. I'm Ken McRoy and I'm here to give you creative ideas

on how you can get started or continue your journey in real estate. So welcome to the real estate

investing questions. So these are questions that came from my subscribers, whether they're on

YouTube or Facebook or TikTok or Instagram or LinkedIn.

It doesn't really matter.

But these came in from all over the place.

And so thank you guys very much for these questions.

I've had an opportunity to go through them all and kind of present to you what I felt would be the top one.

So the first question, which I loved, and the reason

I picked this one, it's if you had $50,000 to invest today, what would you do with it? So you can

imagine, I get this question a lot. In fact, I've been with Robert Kiyosaki a lot and the

number's all over the place. Some people are 5,000, some people

are 10, some people are 50, some people are 100. I've even had people say if you had 1 million or 10

million. So it's interesting to me, obviously this particular person has about a $50,000 investment.

But I want you to think a little bit bigger than

this, actually, because this is actually super restrictive. In other words, the question itself

is kind of directing you to a limitation of yourself based on your money only. And the richest people in real estate actually

make money by raising money from other people like the person that wrote this question of 50,000.

So the easy thing to say would be just invest into somebody's deal and make sure that you understand that deal or take your 50 grand

and buy something at 20% down and leverage it and make sure it cash flows but those are super

simple questions for 50 grand the bigger issue is you need to learn on what a good deal is.

And that's the number one thing.

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