#2
I Can Grow My Portfolio Without Growing My Income
I’ve spent thousands of hours arguing this fallacy with my students and fellow investors. I’m beginning to get tired of this! I am
simply baffled at how some investors feel that there is somehow a magical way that they can continue to buy property without
increasing their income! And the funny thing is that there are some people in the market, who claims that they can help you do
this! Amazing actually. I call these people miracle workers or magicians! The reality is that there is no way that you will be able to
without growing your income. If there were, magicians would be the richest people in the world, snapping millions from thin air!
The truth is this ladies and gentlemen, imagine the income you have is the same size as the property you buy. If you desired to buy
one property, the size of your income has to be the size of 1 property. If you desire to buy 10 properties, the size of your income
has to be the size of 10 properties! There are no shortcuts to this and certainly no magic! Some people share tricks where you can
simulate income from borrowed credit to make it look like you earn more so that you can get your ne