QUESTION: What would you do? I don’t have money for college but I am ambitious and hard working and anxious to make my mark on the world. Should I save for college or buy real estate or what?
ANSWER: Work 50 hours a week. Work 40 hours to pay your bills and ten hours for investment. Yes, invest in real estate. Yes, buy six income-producing properties, pay off the mortgages and you’ll be sitting pretty in 20 years. Financially, you’ll be far beyond the average college graduate.
Work in an industry that you love. Work hard. Get promoted. Or, start your own business. Or, become a commissioned salesperson. If you are good at sales, you will never go hungry. You will always have a job. You income will probably be substantially above average.