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Leveraging other people's money can accelerate your real estate growth from "summary" of The Real Book of Real Estate by Robert T. Kiyosaki
One of the most powerful strategies in real estate investing is leveraging other people's money. By utilizing OPM, you can significantly accelerate your growth in the real estate market. This concept involves using borrowed funds or capital from investors to finance your real estate deals. When you leverage other people's money, you are able to take advantage of opportunities that may have been out of reach if you were solely relying on your own resources. This allows you to scale your real estate portfolio at a much faster pace than if you were using only your own money. By leveraging OPM, you can maximize your returns on investment. For example, if you secure a property with a small down payment and the property appreciates in value, you stand to gain a significant profit when yo...
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