Motivation:Now let’s switch gears for a moment to real estate because I know that’s a big one, and I’d love to know, I mean, I’m someone who’s bought a couple of houses. That’s about it and lived in them and I just wonder, how hard is real estate investing? It seems like so many people have made so much money through that, but it seems complicated to most people, I would think. Can you give us some tips and advice for getting started in real estate and getting aboard that road to wealth?

Langemeier:Absolutely. How I actually got into real estate was I built businesses that had quite a bit of cash and what I teach all business owners is take part of that cash and then go build another asset. So what I did early in my career was that I would take cash from my business and start another LLC, which then I’d go buy real estate and then I’d get more cash and do it again. It’s a one-asset book. Another asset builds another asset.

IT consultants to coaches to speakers. I mean, we’ve helped a lot of people who’ve quit their jobs become real estate investors full time, but it takes, depending on how much money and how much they already know, anywhere from 6 months to a year to get somebody fully in the business. Very doable and to me it’s one of the greatest wealth builders. You know, I became a millionaire at thirty four doing it and I mean that in gross assets, we’re heading to over fifty million in gross assets, and we’ve done it literally in about three or four years.

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