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He doesn't advocate the real estate maneuvers particularly, he just uses it as an example of an asset that can be built using leverage. He gives MLM literally t
by klbarry 16y ago
He doesn't advocate the real estate maneuvers particularly, he just uses it as an example of an asset that can be built using leverage. He gives MLM literally two sentences, as an example of something that can bring recurring income (however misguided he may be).
You have to admit the description of assets and liabilities (85% of the book) is spot on and excellent advice for many people. Look at any Indian immigrant with taxi medallions or franchises.