OK if you're on REI, you already recognize the value of community in investing. If you're a seasoned investor, you probably realize that good real estate investment education pays for itself by orders of magnitude. We can either learn in an organized way (i.e., education, mentoring, coaching, community), or via the school of hard knocks.  (Voice of experience: the former is the preferred route - some of those knocks smart for a long time!) 

And if you're like most of us, you always have to scramble to find the cash for this week's deal-of-the-century. 

When I ran into Nouveau Riche last year (after a NR investor from the west coast bought 2 Cincy multifamilies through me for cash!) it took me about 4 hours to make the decision to join.  (What?  You mean I can earn the cash to fund my deals, while I'm building the community of investors I'm buying from/selling to/partnering with????)  Yes, Virginia, there is a Santa Claus.

I gotta admit, I don't mind investing in myself.  Nobody else is gonna invest in ME. So the Nouveau Riche decision was pretty much a no-brainer for me.

But I'm surprised how few people have this standpoint.  They look at the cost of education and say, "wow, that's expensive".  And then they go and piss away tens of thousands of bucks on some depreciating "asset" like a car, boat, motorcycle or wide-screen-HDTV-surround-sound-home-theatre-withdrawal-from-consciousness-vehicle. As Kiyosaki would say, buying doodads that drain us instead of assets that pay us.  I guess it takes experience in this biz to realize that good education can pay for itself in one freakin' deal!

And I've seen people look at the opportunity to add another stream of income - anywhere from the low 5-figures to well into 6-figures - and they are actually TURNED OFF by it!  (Is it just me?  Or does it seem like anybody who works 9-to-5 sees any opportunity other than trading their hours for dollars as some sinister, fearsome "pyramid scheme" teleported down by Darth Vader from the Death Star!) 

Seems to me that the "corporate model" has made it so cozy for people to trade their lives (read: 50-80 hours a week) for a salary, that the big-time advantages of entrepreneurialism are not even on their radar screens.  Advantages like choosing when to work, and when to kick back with a fishing pole or hang out with the kiddies.  The possibility of getting rich for your hard work, instead of of getting a 3% annual raise. Or worse yet, a promotion -- a big 4% raise, but an extra 10 hours a week in incremental responsibilities!  They've sacrificed their childhood dreams of being superheroes and doing whatever they want every day, for the mirage of "security".

Wake up boys & girls!  The millionaires you read about - are they entrepreneurs?  Or well-paid employees?  Are the unemployment stats entrepreneurs?  Or downsized employees?  Does true innovation (and the resulting wealth) spring from/accrue to employees or entrepreneurs?

OK enough employee-bashing. Hopefully most of the people on here aren't employees anyway (so I didn't offend anyone!  Yippee!)

I'll just say that if you're serious about creating outrageous wealth in and around real estate, you owe it to yourself to take a serious look at Nouveau Riche.  Call me - (513) 328-1520.  Or email me - Bob@BobWuest.com. No matter where you live, I'm willing to help you get the straight scoop you need to determine if it's a fit for who you are, and the wealth profile you're creating for yourself.