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All Forum Posts by: Demario Scott

Demario Scott has started 12 posts and replied 75 times.

Post: Need advice on my path

Demario ScottPosted
  • New to Real Estate
  • Belleville, IL
  • Posts 82
  • Votes 42

Book recommendations 

Set for Life - Scott trench rich dad poor dad- Robert Kyosaki 

perhaps, sitting down and thinking with a pad and pen. And writing goals where you woul like to see your self and what really really matters to you. 

Post: Need advice on my path

Demario ScottPosted
  • New to Real Estate
  • Belleville, IL
  • Posts 82
  • Votes 42

@David Kovalchuk lol, I'm only 16, but I can give great advice. You certainly did I'm nearly twice your age which sounds wild to me now. However, at 16 for some you can have a great understanding. Lacking experience certainly but understanding, you have it. Keep at it. 

Post: Do I sell it all and call it a day??

Demario ScottPosted
  • New to Real Estate
  • Belleville, IL
  • Posts 82
  • Votes 42

I'm located in the Southern Illinois area and me and my brother are very handy. I'm well versed with horizontal construction and he is more vertical HVAC, renovations and such. We are both actively searching to be more involved in the real estate realm and would certainly be able to help with tenant request or even finding solid contractors.

Post: Do I sell it all and call it a day??

Demario ScottPosted
  • New to Real Estate
  • Belleville, IL
  • Posts 82
  • Votes 42

@Jamie O'Connell I'm not there yet, but interesting. I would figure the vetting process would be extensive, but could certainly make it very passive.

Post: Young investor looking for advice and strategies to scale up quickly

Demario ScottPosted
  • New to Real Estate
  • Belleville, IL
  • Posts 82
  • Votes 42

I concur think long term.

Post: Keep studying money

Demario ScottPosted
  • New to Real Estate
  • Belleville, IL
  • Posts 82
  • Votes 42
Quote from @Keegan Mraz:

What books and podcasts would you recommend?


 bigger pockets of course. I lean into any one financial independence related I find any with that overarching theme typically will provoke thought. Bigger pockets money is great. Choose FI is solid. thats what intrigues me though what about you keegan?

Post: Keep studying money

Demario ScottPosted
  • New to Real Estate
  • Belleville, IL
  • Posts 82
  • Votes 42
Quote from @Mackaylee Beach:

Excellent advice! It’s certainly easy to develop poor habits; discipline is crucial when it comes to both exercising and managing finances. Staying consistent with your goals can lead to rewarding outcomes. Just as regular exercise strengthens the body, disciplined financial management builds a solid foundation for future success.

Yes, vigilance is the real lesson I am learning. With diets little food choices, habits that we make can have a huge impact on overall health. Drinking calories, high fat foods, or say seasonings can sabotage your overall health. Or perhaps poor ingredients. I have been learning to have a very vigilant eye on ingredients and nutritional facts. Same with finance being incredibly vigilant when it comes to rates, purchases, contracts and anything else that effects your overall financial health. Nutritional vigilance and financial vigilance!

Post: Keep studying money

Demario ScottPosted
  • New to Real Estate
  • Belleville, IL
  • Posts 82
  • Votes 42
Quote from @Kerry Noble Jr:

absolutely! ive been studying banking, economics and finance for the last 2 years. You gotta start with the history of banking an economics for example.....The medici family, Jakob fugger, JP morgan, the Warburgs etc......


 Sounds interesting, I'll have to give it a looking thank you.

Post: Keep studying money

Demario ScottPosted
  • New to Real Estate
  • Belleville, IL
  • Posts 82
  • Votes 42

@Joe S. Personal Training

Post: Keep studying money

Demario ScottPosted
  • New to Real Estate
  • Belleville, IL
  • Posts 82
  • Votes 42
Quote from @Justin Dalton:

Great advice , Demario

Is there any certain books you would recommend on money and finance?

thanks 

Dave Ramseys total money makeover, Robert Kiyosaki's rich dad poor dad and cashflow quadrant, and the J.L Collins simple path to wealth and pathfinders. 
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