[ninethirty]

He's a real estate millionaire that has moral issues with declaring bankruptcy. Real estate is like life's cheat code: borrow money from the bank -- buy rental property -- pay the bank back with someone else's money. All this "get a second job"/"deliver pizzas" advice is disingenuous in my opinion when the real secret is borrow money and become part of the landed class.

[jmathai]

He personally likes real estate but his advice is mostly to get into mutual funds (swap with ETFs if you prefer).

He strongly advocates against taking debt to buy real estate. He only recommends purchasing real estate in cash.

The recommendation to get a second job only applies as people are getting out of debt (baby steps 1 and 2). After that he doesn’t really recommend it.