4 Monopoly Concepts That Can Help You in Real Estate Investing

by Sterling White

Do you still reminisce about those family game nights where you would break out your favorite Monopoly game set and fight with your siblings over which metal play piece you wanted to be? (I always picked the cool car.) Truth be told, the most ironic thing about Monopoly that I can’t seem to get over is the fact that this money-hungry, business-driven game was actually invented during the Great Depression of the 1930s.

However, regardless of what age you are, whether you have a real estate license or not, you can’t help but compare Monopoly to real life investing. Here are some of the things that managed to inch its way into my mind.

4 Monopoly Concepts That Can Help You in Real Estate Investing

Embrace the rules.

Don’t be afraid to get friendly with the rules and learn everything you possibly can! While rules might sound restrictive, it can actually be advantageous to have knowledge over other people who might only know a handful of things. By keeping in mind all the rules and regulations, you will be able to build a stronger strategy, and it will also aid you in finding fresh, new opportunities that other people might not be able to see.


Don’t be afraid to invest.

Any old school Monopoly player will definitely tell you that the best possible way to make a return is to buy as many properties as you can afford. This goes for real life, too, in that you need to have a willingness to make a commitment.

Be sure that you buy up as many worthwhile properties as you safely can ASAP because factors such as interest rates and inflation might just give you a good whack in the head without you even realizing. So similar to Monopoly, start building your collection of properties and begin collecting that rent money. However, be sure that you still set aside a healthy sum for those unexpected bills that might just come your way.

Think long term.

When you want to splash your cash, be sure that you keep in mind the return that you will be making in the long term and not just the present moment. So while it might be awesome to buy utilities at first, once you garner enough railroads, those train stations will give a far bigger return.


Know the importance of location.

OK, so while it might be awesome that you own both Baltic Ave. and Mediterranean Ave., these might not be such great investments in the long term. This is because these two probably won’t actually cause other players to become bankrupt unless they were already on the financial edge. So similar to Monopoly, when you go out to find a property to invest in, search for ones that are in worthwhile locations so that even during great recessions, they will still be able to maintain their value.

I have no doubt that there are probably a number of other things that you can easily learn from this classic board game; however, I hope these few tips will be enough for you to ponder over for the next wee while.

Challenge: To up the stakes, try playing this game with real money!

What has Monopoly taught YOU?

Interested in Finding out More? Reach out below

Shawn Ireland

Phone: 913-225-6231

Email: Ireland_Investments@yahoo.com

Address: 1415 Main St. #823, Grandview, MO 64030

Website: www.irelandinvestmentsllc.com/

Facebook: @IrelandInvestmentsLLC/

Instagram: @irelandinvestmentsllc

Twitter: @IrelandLlc

Ireland Investments llc

This information is intended only for the use of the intended recipient(s) and it may be privileged and confidential. Please note that any views or opinions presented in this post are solely those of the author and do not necessarily represent those of the company. This is reposted information and is not original thought of Ireland Investments or anyone associated with the business.

Popular areas we service;

Kansas city Missouri, Overland Park Kansas, Kansas city Kansas, Olathe Kansas, Independence Missouri, Shawnee Kansas, Blue Springs Missouri, Lenexa Kansas, Leavenworth, Kansas, Leawood Kansas, Liberty Missouri, Raytown Missouri, Gladstone Missouri, Grandview Missouri, Belton Missouri, Prairie Village Kansas, Gardner Kansas, Raymore Missouri, Grain Valley Missouri, Ottawa, Kansas, Lansing Kansas, Excelsior Springs Missouri, Merriam Kansas, Harrisonville Missouri, Cameron Missouri, Mission Kansas, Kearney Missouri, Smithville Missouri, Pleasant Hill Missouri, Oak Grove Missouri, Bonner Springs Kansas, Roeland Park Kansas, Parkville Missouri, De Soto Kansas, Richmond Missouri, Greenwood Missouri, Paola Kansas, Basehor Kansas, Tonganoxie Kansas, Odessa Missouri, Peculiar Missouri, Platte City, Missouri, Higginsville Missouri, Lexington Missouri, Edwardsville Kansas, North Kansas City Missouri, Osawatomie Kansas, Louisburg Kansas, Fairway Kansas, Mission Hills Kansas, Sugar Creek Missouri, Riverside Missouri, Buckner Missouri, Pleasant Valley Missouri, Lawson Missouri, Plattsburg Missouri, Lake Lotawana Missouri, Weatherby Lake Missouri, Wellsville Kansas, Edgerton Kansas, Westwood Kansas, Garden City Missouri, Gower Missouri, Claycomo Missouri, Lone Jack Missouri, Drexel Missouri, Lake Tapawingo Missouri, Glenaire Missouri, Dearborn Missouri, Avondale Missouri, Osborn Missouri, Sibley Missouri, Oaks Missouri, Unity Village Missouri, Levasy Missouri, Randolf Missouri, River Bend Missouri, Jackson County Missouri, Johnson County Kansas, Clay County Missouri, Wyandotte County Kansas, Cass County Missouri, Platte County Missouri, Leavenworth County Kansas, Miami county Kansas, Lafayette County Missouri, Ray County Missouri, Clinton County Missouri, Bates County Missouri, Linn County Kansas, Caldwell County Missouri, Crossroads Real estate, 18th and vine Real estate, Hospital Hill real estate, library district real estate, longfellow real estate, dutch hill real estate, quality hill real estate, river market real estate union hill real estate, Greater downtown KCMO real estate, East Side KCMO real estate, Midtown KCMO real estate, Westport Real estate, Hyde Park real estate, Northeast KCMO real estate, Northland real estate, Plaza Real estate, South Kansas City Real estate, Fairway Kansas real estate, Kansas city Kansas real estate, lake quivira Kansas real estate, Lenexa Kansas real estate, Mission hills Kansas real estate, overland park Kansas real estate, prairie village Kansas real estate, Shawnee Kansas real estate, weatherby lake Missouri real estate, westwood Kansas real estate

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Website Built with WordPress.com.

Up ↑

%d bloggers like this: