This guy is a piece of work. His blog is so inane that I have trouble believing that he is real. In his most recent entry, he lists several goals he had for 2006 and, besides drinking 365 cups of orange juice (52% success), the only goal in which he achieved a 50%+ success rate was his goal of quitting his stable computer programming job to become a failed real estate investor (100%). In his own words:
“The biggest highlight of 2006 is my adventures of quitting a stable programmer job to become a full-time real estate investor, buying 8 houses in 8 months with no money down, making some mistakes and getting stuck with 6 houses facing foreclosure, starting a blog about it, getting lots of traffic and mainstream media coverage. Oh and meeting Robert Kiyosaki and being on Rich Dad TV was pretty cool too.
This last year may seem like a big failure but as I learn my lessons it is becoming a stepping stone to success.
I’m finalizing my plans for 2007 and am getting ready to take another stab at my big goal that I made back in 2000 after graduating from high school. The goal is to acquire enough income property and/or businesses to get out of the “rat race”. That means having enough passive income from investments to cover my living expenses and have the option to retire early. Read Rich Dad Poor Dad by to see what I’m talking about.”
This moron may eventually reach his goal of living off passive income, but I think that income is more likely to come from ad money he collects as a result of the huge crush of traffic to his blog rather than from any great real-estate investing acumen. Tons of people read his blog just so they can see what ridiculous thing he’s going to do or say next. It’s like a car accident. You want to look away but you can’t.
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