MAKE MONEY WITH NO MONEY WITH ROBERT KIYOSAKI, RICH DAD POOR DAD -Robert Kiyosaki
Рет қаралды 1,606,055
Күн бұрынI often get asked about my real estate investments, and in this video I let you in on my secret of how I use debt to generate passive income. My real estate Advisor, Ken McElroy, and I will show you how we made money with no money at all.
"The ABC’s of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss": amzn.to/2uNL9Pz
"The Advanced Guide to Real Estate Investing: How to Identify the Hottest Markets and Secure the Best Deals": amzn.to/2uQgjWl
"The ABC’s of Property Management: What You Need to Know to Maximize Your Money Now": amzn.to/2Og9VQs
Best known as the author of Rich Dad Poor Dad-the #1 personal finance book of all time-Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes that each of us has the power to makes changes in our lives, take control of our financial future, and live the rich life we deserve.
With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education.
Robert’s most recent books-Why the Rich Are Getting Richer and More Important Than Money-were published in the spring of this year to mark the 20th Anniversary of the 1997 release of Rich Dad Poor Dad. That book and its messages, viewed around the world as a classic in the personal finance arena, have stood the test of time. Why the Rich Are Getting Richer, released two decades after the international blockbuster bestseller Rich Dad Poor Dad, is positioned as Rich Dad Graduate School. Robert has also co-authored two books with Donald Trump, prior to his successful bid for the White House and election as President of the United States.
#robertkiyosaki #richdadpoordad #millennialmoney
www.richdad.com
Facebook: @RobertKiyosaki
/ robertkiyosaki
Twitter: @TheRealKiyosaki
/ therealkiyosaki
Instagram: @TheRealKiyosaki
/ therealkiyosaki
@tahirisaid2693 11 ай бұрын
Financial books have been so helpful. I’m 54 and my wife 50 we are both retired with over $3 million in net worth and no debts. We got to realize that the secret to financial freedom is making better investments.
@tahirisaid2693 10 ай бұрын
@@kylefowler5366 😭😭
@RyanContreras72 6 ай бұрын
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
@alicebenard5713 6 ай бұрын
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
@SophiaBint-wj8wn 6 ай бұрын
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
@RyanContreras72 6 ай бұрын
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
@user-cr8nd1sy8e 6 ай бұрын
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
@KatherineAnderson-lm8bw 6 ай бұрын
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
@BestYouTubeVids123 5 жыл бұрын
Invest in SUGAR, WEED, SODAS, COFFEE... People never learn and will always 'consume' it! Addictions--->Residual income!!!
@kendallba 5 жыл бұрын
How? I've been trying to wrap my mind around commodity investing for months now..
@jayrodriguez333 5 жыл бұрын
Dnt be a part of the problem. Be apart of the solution
@TheBlueskyson 5 жыл бұрын
FV, i think you're right. Those commodities aren't going away anytime soon! They are growth products to be sure. Like Coco cola, Apple.
@wdavis 5 жыл бұрын
Well, a place to live is a necessary for survival, so necessities---> Residual income
@jayrodriguez333 5 жыл бұрын
Dream Delirium cheers bruv
@seewhaticcurious1 4 жыл бұрын
"How to make money with no money" Step 1: Borrow money
@rayg2896 4 жыл бұрын
gotta finish the sentence, "Borrow money to buy ASSETS that not only will put money in your pocket but will also pay themselves back!!!"
@TheBlueskyson 3 жыл бұрын
@@rayg2896 yes Ray. If u buy an assett, it is good debt.
@breezyy4205 3 жыл бұрын
Make that cash flow!
@cekcekrokrok9979 3 жыл бұрын
This happen to me when i just read the title, not the whole article
@superlifeinsurance 3 жыл бұрын
EXACTLY OPM OTHER PEOPLES MONEY. SMART SMART SMART
@muziderrick2344 5 жыл бұрын
"Most people want to get rich quick, that's why they never get rich"- @ ROBERT KIYOSAKI
@VK2DMH 4 жыл бұрын
Amen to that.
@johnhardin4358 4 жыл бұрын
Read the Bible. Solomon avoided get rich quick schemes.
@elisabethpierre1716 3 жыл бұрын
Bitcoin trading is the easiest and fastest way to make money online, Mrs Caroline trading service is a licensed professional bitcoin trading company, invest and trade your coin with her to avoid been scammed by fake brokers all over KZfaq, trading with her will guarantee you making much profits. She is the most genuine broker you can trust your coins with!
@elisabethpierre1716 3 жыл бұрын
+ 1 3 1 2 2 7 0 0 6 1 9
@elisabethpierre1716 3 жыл бұрын
You can contact her on whatsapp with the number listed above
@Robertgriffinne Жыл бұрын
Here are three guidelines to think about when investing over a short time horizon: Determine your level of risk Consider short-term instruments Synchronize goal timing with your assets
@Natalieneptune469 Жыл бұрын
True, Not all financial goals have the luxury of a long investing horizon. Strategize short-term investments according to risk, complexity and timing needs. Consider the degree of stability needed when investing for shorter time periods
@marianparker7502 Жыл бұрын
Once your investment approach has been determined, there may be additional factors to be considered related to implementation depending on the products used. Your advisor can customize a plan that aligns with your short-term goals while factoring in a broader view of your overall investment strategy
@PhilipMurray251 Жыл бұрын
@@marianparker7502 Talking about an advisory, do u consider anyone worthy for recommendations? I have about 30k to taste the waters
@marianparker7502 Жыл бұрын
@@PhilipMurray251 Yes. ''Nicole Ann Sabin'' have been overseeing my portfolio for close to five years now. Look her up on the web
@TheCleverMillionaire 5 жыл бұрын
I read his book years ago and now im investing in real estate and living the life of my dreams:D
@nmadesconstructiontv2068 5 жыл бұрын
Wow ! Concgrats. I am just a newbie. I just started my 1 unit apartment. Can you share your experiences?
@eraldoibrushi7445 5 жыл бұрын
TheExpatMoney I m thinking of getting an appartment too , can you share your experience and how do you plan getting more units ?
@gutstallion 5 жыл бұрын
You are just freelancer on fiverr who took the job of typing comments for 0.5 cent for comment.
@eraldoibrushi7445 5 жыл бұрын
G. Stallion Tf you talking bout dude
@nmadesconstructiontv2068 5 жыл бұрын
@@eraldoibrushi7445 First, Dream big dreams that's where I started :). Now, a unit is being constructed and the advantage is I am an engineer of my own construction. My issue now is where I get the funds of the next units?
@henryparkwell1487 Жыл бұрын
I will forever be indebted to you Mrs Jane and this channel you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much Mrs Jane Cockrum
@melkajerry1248 Жыл бұрын
-WOW….amazing to see o there who traded with Mrs Jane I am currently on my 7th trade with her and my portfolio has grown tremendously
@daljeong5811 Жыл бұрын
This is not the first time I am hearing of Mrs Jane and her amazing trading skills but I have no idea how to get to her
@alexsmith6793 Жыл бұрын
I invest with Jane Cockrum too, she charge a 15%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profit…
@mauravicky9693 Жыл бұрын
Hey! Please who is this advisor of yours? I guess success really means total knowledge and I hope she can help me get back what I lost. Can I have an easy access to reach out?
@melkajerry1248 Жыл бұрын
@inveswithjane.....
@theodorerossi7998 Жыл бұрын
*Awesome! love your perspective.* I currently make 106k/yr. No home or iπvestment and the job is in NY as I work from home. I need to do something quick or else I’m going to be paying thousands to the IRS come tax season. What can I do?
@andersonfraggy3100 Жыл бұрын
Opportunities comes infrequently, Invest now to achieve financial Independence. I engage on different sectors with the help of a Fin. Advisor and now success feels easier than I thought.
@theodorerossi7998 Жыл бұрын
@@andersonfraggy3100 Thanks for this piece of advice. if you don't mind how can I get in touch with your Financial Advisor? really need help with my finances.
@andersonfraggy3100 Жыл бұрын
I work with *(Olivia Charlotte Oswald)* a well known advisor. You can look her up in the internet with her name mentioned and get in touch with her.
@johnsoncarl1812 Жыл бұрын
Mrs Olivia is the best in this space, I'm happy to come across these recommendations. I have worked with her and I am impressed with the thoroughness and professionalism of the investment diligence packages she provides
@DrWild-qk9gy Жыл бұрын
To better understand the potential factors that contribute to your finance as a beginner. It's best to seek the help of a Fin. Advisor. They have wealth of information on current conditions and future trends
@amandanylens778 2 жыл бұрын
Hello please how does this bitcoin and crypto thing works...I’m really interested, how do I go about investing
@sabrinlabeebah8235 2 жыл бұрын
Frank Woodman
@sabrinlabeebah8235 2 жыл бұрын
My first investment with Woodman's trading services gave me profit of over $24,050 and ever since then he has never failed to deliver and I can even say he's the most sincere broker and trainer I have known
@morganroth44 2 жыл бұрын
whatsappk
@jessicaplessis5562 2 жыл бұрын
*Tradefrantly*
@jessicaplessis5562 2 жыл бұрын
Mr Frank Woodman is one of the most amazing account manager i here he made me over 37,000 Euro in 2 weeks i highly recommend him for everyone
@fight4domination 4 жыл бұрын
I read his book 3 years ago and now I own 5 rental properties, netting me over 2k€ in profit every month, tax free. I still make 3k€ net from my main job, but I’ll retire at 40 y/o easily.
@TheRealFco 4 жыл бұрын
What book?
@gijane02 4 жыл бұрын
His book is called Rich Dad Poor Dad
@fight4domination 3 жыл бұрын
chief tp I live in the netherlands and rental income is free of tax. We do have Value Added Tax on almost everything you buy, even food. Property taxes are a thing but maybe a few hundred a year.
@chrisbarker2700 3 жыл бұрын
Bullshit. Maybe in the UK. But not in America. Try to get a loan for a house that cost 10,000 here. You'll get laughed out of the bank. Robert Kiyosaki is a scam artist. You can't get a loan for shit without a job or collateral and if you don't have very very very good credit expect to pay 29.9% interest. This shit is a joke. Then if you play with debit like he does one bad move and the banks will come take everything you own. I work for a court house and see it all the time.
@Elizabeth-uu6qh 3 жыл бұрын
@@fight4domination I also live in The Netherlands and would love to start doing this. Do you have any tips?
@kadijaallagouma 5 жыл бұрын
These interludes are so annoying. Its not 2001 anymore.
@nikkybrown3592 5 жыл бұрын
Old strategies....... In the United Kingdom these strategies do not work in 2018, furthermore new legislation is restricting lending and borrowing.
@notused2118 5 жыл бұрын
@@nikkybrown3592 you both know so much and somehow believe you are appearing inteligent with those remarks. You definately reaped what you sowed after you had 17 years to build something and did really nothing.
@levedia 5 жыл бұрын
@@nikkybrown3592 Even in Canada. These guys are con artists.
@nanivan5493 5 жыл бұрын
For u.s.a
@queen_ofall2360 4 жыл бұрын
I know, and she's not that great....she the daughter of a friend of RK!! Ohhh man, oh man!
@mr.daniel5827 5 жыл бұрын
The best way to learn, is to go out and try it yourself.
@MyLife-og2kr 5 жыл бұрын
True, BUT educate yourself first. NEVER, just go out and "try it yourself" with little to no knowledge on real estate. Do your due diligence, but don't go until you're in analysis paralysis.
@matthewwilliams9288 4 жыл бұрын
Also the best way to get fackd
@dkdude 4 жыл бұрын
And end up with a crippling debt you can’t pay? A bit of prep. is always good
@TransiberianTube 4 жыл бұрын
Bad idea. Stop watching these videos and go take some real classes and learn from people who aren't telling you the same thing over and over in an effort to buy their book. Build a team of specialists and dedicate yourself to learning what you need to know and delegate what you can to those who you can trust. That's how success works when scaling. Even when you start small, you should build your own team of trusted advisors. Dont go out there and try to do it yourself. That's horrible advice.
@TheFiftyGangsta 3 жыл бұрын
Random Videos Any advice on what to read or what topic to get into first as a total beginner?
@kamo8741 5 жыл бұрын
When you learn more about money in 15 minutes than in all your school years. Not that the school actually teaches you about money... Robert said it himself, the school will never teach you about money.
@deannahenry8925 2 жыл бұрын
No
@ChichiMarie 5 жыл бұрын
*Sits in front row of the classroom ready to learn* 👀👩🏾💻🙋🏾♀️
@HaruSakamoto 5 жыл бұрын
What if he was a scam
@MrMarkCaudill 5 жыл бұрын
Smart lady, keep learning, Robert and his people are really trying to help ordinary people become financially free.
@notused2118 5 жыл бұрын
@@HaruSakamoto your name says enough. You're a hazard to yourself. What if you weren't a hazard to yourself?
@iammrchazz1488 5 жыл бұрын
Teachers Pet
@raymondrojo1627 5 жыл бұрын
R u single to mingle with me?
@Muaythaifighter1000 5 жыл бұрын
Why is she yelling at me?
@jbaranowski1990 5 жыл бұрын
She's latina. Latinas always yelling at everyone lol
@christhorndike4614 5 жыл бұрын
Jakub Baranowski haha, facts😂😂😂
@talkstospiders 5 жыл бұрын
I literally scrolled down to say the same thing
@SirJoelsuf1 5 жыл бұрын
Cuz she's hispanic. Although I know a couple of hispanic chicks who aren't like this. Crazy, I know lol
@talkstospiders 5 жыл бұрын
Sir Joelsuf Hispanic means from Spain just ftr
@jv4nderh4m 5 жыл бұрын
The man, the myth, the legend, Mr. Kiyosaki is one of the all-time greats! So thankful for all the wisdom he's shared over the years.
@ozc804 5 жыл бұрын
AGREED 1,000 % A TRUE ENTREPRENEUR , A GREAT & REAL MENTOR , & NOT TO FORGET A RICH DAD !!
@raymondrojo1627 5 жыл бұрын
4sho
@1000leomessi 4 жыл бұрын
*fraud
@beckyweaver5981 4 жыл бұрын
Josiah Vanderham He’s a fraud, dont u read?
@goodruss68 4 жыл бұрын
He's great and getting people to give him money to attend his seminars. All of his videos are marketing for his seminars. He's the piper all right and too many people are giving him money. Does anyone actually get paid???
@dreamhunter2542 5 жыл бұрын
the game is easy once you make a capital... the snowball grows
@FuadiansyahSamsuri 5 жыл бұрын
Yeah, the hardest part is the first step to build that capital.
@oximas 3 жыл бұрын
but,metaphorically speaking, what if it's hard to find snow when we are in summer or in a country with no snow?
@dreamhunter2542 3 жыл бұрын
@@oximas then you're basically fucked like i came to be... i'm from lebanon, our government stole everything... i have my capital stuck in the bank now and all my investments are closed, do a small research about Lebanon and you'll feel just fine!
@JeremyHaynesTraining 5 жыл бұрын
skip to 1:16 for content to jump over the intro
@kennedyliberty1304 5 жыл бұрын
Smmdddddack
@markingram1742 5 жыл бұрын
god thank you
@DaveThomson 5 жыл бұрын
1:09 for context and original question
@kizunaga9745 5 жыл бұрын
thanks ma man
@bharathkumar-ji4if 5 жыл бұрын
Thanks man
@analenpadernal6000 5 жыл бұрын
Investing in properties, is a long time investment, like for me, i own 3 houses and rent all out, so the renter will pay my debt, at the end the houses is mine
@vibes6255 5 жыл бұрын
hey, just wanted to ask how to got the first house? was it a loan ?
@analenpadernal6000 5 жыл бұрын
@@vibes6255 yes! As long you have a secure job, you can take a house loan in the bank
@terencetanner5550 5 жыл бұрын
thanks for sharing, this is a brilliant idea, but how did you then get the 2nd house, was the first one fully paid before you could ask for a second loan?
@lspagl7667 5 жыл бұрын
Terence Tanner: you don’t have to pay off the first house but once the value goes up (they are talking about creating value) you can use the equity to get a deposit for the next property! Good luck 😍
@TheBlueskyson 4 жыл бұрын
Analen. u want marry dahling?
@slockwood83 5 жыл бұрын
Best information on KZfaq. With the info on this channel and Roberts Rich Dad books, my wife and I will retire in 10 years. Im 35
@juvvakrishna6348 4 жыл бұрын
Hi, Steve, Would you like to invest in fast growing country in India?
@juvvakrishna6348 4 жыл бұрын
@Super Chad what do you mean?
@juvvakrishna6348 4 жыл бұрын
@Super Chad yeah. It's true. Even after corona india will be super power soon.
@juvvakrishna6348 4 жыл бұрын
If you have any questions please feel free to contact
@juvvakrishna6348 4 жыл бұрын
@Super Chad where are you from?
@peaceandfood7952 5 жыл бұрын
What's the point of her being here and saying so next im gonna ask "how are you to Robert" -> next image hey Robert how are you !😂😂😂😂😂😂
@juancantu6169 4 жыл бұрын
Dave Wright The Thinker - Only people from Spain? That’s peculiar.
@mike-ue4wy 4 жыл бұрын
@@juancantu6169 so only people in spain speak Spanish? Is that your final answer?
@MegaSpikedup 4 жыл бұрын
1 Kan 2 are you serious? So Spanish is only used in Spain? Jesus
@eyesea123 4 жыл бұрын
because no one wants to look at two old dudes. honest answer. ratings.
@jedgeorge3485 4 жыл бұрын
It's believed it keeps people engaged and gains their attention.
@Doublebarreledsimian 5 жыл бұрын
I find the host distracting, and not in a good way. The cuts between lesson and reiteration takes me out of it and I have to re watch parts of the video.
@4UnlimitedBEing 5 жыл бұрын
Double-Barrelled Simian it's "Cash Flow on Sesame Street"--to keep the self-labling snowflakes attention. (I HATE the M term they love so much. Only the true entitled Snowflakes apply it to themselves.) They need constant scene changes and explaining the question about to be asked. 😐
@user-fd2gl8hg6b 4 жыл бұрын
Same!!
@user-sk7ox8xj6q 4 жыл бұрын
All that information for free . I have no excuses.
@mikemagic9723 4 жыл бұрын
Houses almost for FREE in Detroit...Get Started!
@xalphawulfx272 5 жыл бұрын
So one question then at the end.. If it's tax free because you keep asking the bank for more money increasing debt... Does that mean you always keep trading up or buying new properties or does it end? Or keep on adding debt?
@perciousmatter7001 4 жыл бұрын
Idk
@virginiaresanda 4 жыл бұрын
I appreciate the simple, straight forward, educational information in this video! I am 49, just learning about financial education and I wish I had known this at 18. I really appreciate this information being taught in this manner. We all need financial education and financial intelligence, even if we are late bloomers on the topic!
@daywalker3735 5 жыл бұрын
I really like your energy when you're with Ken and Robert, but when you're talking to the camera, it sounds super scripted and you're tone is much higher, and you're like yelling at the camera. I would suggest having a mic close to you, and just speak normally. Great video though!
@roanaya2598 5 жыл бұрын
different girl
@4UnlimitedBEing 5 жыл бұрын
I disagree. She's obnoxious as hell on camera, trying WAY too hard to be special rather than just BEing phenomenal (it's a simple choice, folks!), and I'm super confused because her hair & makeup are really cute, but her wardrobe?! What the hell? Why is she offending her lovely body by drowning it in atrocious clothes?! Smh. Relax. Wear clothes that fit your body and your personality. And stop trying. Stop efforting & forcing, throwing energy at the viewers because you're not comfortable in your body. Just be and do phenomenal. No try. And for the love of whirled peas, can we kill the effing "Millennial" label already?! It is an insult to the intelligence of anyone who self-labels with that term. Millenial=Snowflake. "Gen Y"=potentially responsible adult who doesn't have the entitlement mentality of others in his/her age group. Be a Gen Y representative if you feel such a need for a label! Ugh! #petpeeves
@andreasleonlandgren3092 4 жыл бұрын
Brandon Tackett she is learning it Will het better.
@shilalama8631 3 жыл бұрын
.saazql. lol al. Kaaszz zzz
@daywalker3735 3 жыл бұрын
@@shilalama8631 ..........?
@Ging_10 5 жыл бұрын
Thats one of hundreds of ways to make money! What I like about Robert is that he always says it at the beginning of any talk. “Make Mistakes!” If you dont go through the trial and error period you will never be rich. It is all about yourself rather your environment or society. But again I understand cause in some countries you may get killed if you risk it with the bankers! Especially in countries where corruption is very high. However, there are many more subtle and discrete ways to make money without dealing with high risk transactions. Also I like the fact that it dosent have to be that way...Grant Cardon always says “Follow the money” if your country dosent have the economical stability to provide you opportunities for success then move to another country. It is not easy but always keep going and pursuing success.
@mariemountson1819 4 жыл бұрын
Simply love him♥️but what I think is better to build apartments instead to buy apartments. Be developer. Some people love cloths - I love houses
@mariacindy8554 2 жыл бұрын
Hello I'm new to bitcoin trade and i have been making huge loses, but recently i see a lot of people earning from it , can someone please give me a new strategy or at least tell me what I'm doing wrong?
@edwardalbert3714 2 жыл бұрын
Trading on your own is very risky, I've lost alot trading for my self
@edwardalbert3714 2 жыл бұрын
I lost £1200 carelessly trading on a platform then I was referred to Mrs Robert Nancy she recovered the loss and made an extra profit of £4600..
@estherfr.2530 2 жыл бұрын
@@edwardalbert3714 So... I will advice you should stop trading on your own if you keep losing and start trading with Mrs Robert Nancy trading services
@estherfr.2530 2 жыл бұрын
Trading crypto with Expert Nancy has being a game changer for me.
@mikebrooks8455 2 жыл бұрын
@@estherfr.2530 Wow I'm just shock you mentioned and recommended Expert Mrs Robert Nancy I thought I'm the only trading with her.
@RealEstateRadioTV-SA 5 жыл бұрын
Thank you Ken and Robert Regards Gaven Malope South Africa / Sandton
@justingalloway239 5 жыл бұрын
Thanks for this knowledge
@tonyargueta6437 4 жыл бұрын
Loving these videos. Keep them coming, huge fan of Rich Dad and even more of the millennial platform. Es un orgullo ver una latina colaborar con leyendas como Robert y apoyar la comunidad. Muchísimas gracias.
@mikail1026 5 жыл бұрын
This is an eye opener discussion. P.S The ending was crazy
@CrossfitCarlos 5 жыл бұрын
oh man this is always a great reminder. TY
@CreativeMinds-el8pr 5 жыл бұрын
Informative. Thanks Robert.
@kw5346 5 жыл бұрын
LOVE LOVE LOVE this channel! Thank you
@tritosac 5 жыл бұрын
The problem with this is if you are a first time borrower with no track record of real estate investing you better have a spectacular credit score. The mistake first time borrowers make is not understanding that the income an asset may be currently generating may not continue indefinitely. Surprises happen, you lose tenants, emergency repairs so forth and so on. A bank wants to see that a prospective borrower has a contingency plan in place to deal with these surprises. A contingency plan includes having enough cash in the bank to cover the unexpected. First time borrowers who have no investment experience are naive and unprepared for the unexpected. They tend only to look at PROJECTED income with rose colored glasses and while that may be a piece of the puzzle banks aren't going to grant a loan based soley on projections. Especially to inexperienced investors.
@rohankumbhare7548 5 жыл бұрын
Thanks for the the tip.
@joshcox3941 5 жыл бұрын
Hi I need your advice on something I'm not educated in terms of business or money management for that matter but say you find a good chaep property a one bedroom flat in a city centre area good shopping good nightlife near a university and transport links for say 70,000£ ISH what would a bank need to see on my part to give me the means to purchase the property ? I'm not sure if your expert or not but any info is info ,thanks
@JayGVids 5 жыл бұрын
Well you can start off on a small investment first, learn from it and start sizing up your investments in property
@katielelwood7320 5 жыл бұрын
Just pay it back with a promissory note, they are accepted for value.
@lspagl7667 5 жыл бұрын
When we started out we borrowed a couple of thousand extra as a buffer. You need to keep it in a separate account for any emergencies (ie do not have easy access to it or it might get spent!!) you need to treat your investing as a business. Good luck 😘
@ambrosesvd995 4 жыл бұрын
Thanks guys for being so detailed,thats all i ever needed,details.
@kssatinitigan9015 2 жыл бұрын
giọng của Đức Phúc nghe ấm và nhẹ nhàng nhưng vẫn đầy trầm tư nội lực!! Like this version!!
@TsetsiStoyanova 5 жыл бұрын
Guys are teaching you a good thing!
@ankitkarnwal8095 2 жыл бұрын
I just watch this...
@diegoramirez7547 4 жыл бұрын
Man!! this is the most valuable lesson I have taken in more than two decades!!, Im 22 btw lol
@doingtianathings8524 4 жыл бұрын
Diego Ramirez have you tried it?
@zerotoinfinite2006 3 жыл бұрын
The fundamental rule of investment is that the idea which worked in 1980 doesn't work as strong now. 1800 - Era when Gold was used to measure your wealth 1900 - Real estate etc. 2000 - Now, everything is getting digitalized. Ex: Airbnb has over million property without owning a single property, Facebook is the world largest content creator without hiring any content creator, & that's why Bitcoin shines. You can now run your business from home. You can do many things from your $800 laptop. You can be very rich from that laptop. There are people who are earning around 1-2% gain everyday from stock market. You can't compare that with real estate in anyway. You can be millionaire in a year. You can check many people like that on Twitter or StockTwit Now, this rule is not a solid idea in every country. Ex: in India, FD rate is over 6.5% so 8% return is very common in India. People target to get over 12% to call it a smart investment. At the same time Bank interest rate for home loan is 8% and for commercial is 15%-30% However, things are different in USA. A property can worth $200,000 on which Bank gives you a loan at 3% APR. Now, if you have invested wisely and you are luck then you can gain 5% return pa which will theoretically gives you 2% earning. But USA is a country where $200,000 property can become $180,000 after 10 years. Property in USA can depreciate also which is not common in other part of the world. So, Real Estate may work today as well but why you would choose 2-3% return p.a. when you can get over 10% p.a. and can retire early?
@TheBlueskyson 5 жыл бұрын
Thanks all. Good work.
@ashleyferrusca1 5 жыл бұрын
love this channel wish i can meet Mr. Kiyosaki one day
@vwachtel 5 жыл бұрын
I love that you can share all the secrets of how to get rich and stay that way and so many will just not get it....this is why so few get rich
@abeerabdallah6180 4 жыл бұрын
VICKEY WACHTEL one of the best comments on this video. Definitely not everyone will get it... not because they are not smart but no resilience
@radioactivecat1345 5 жыл бұрын
What would be examples of expenses?
@Subhankhan-yb7vi 3 жыл бұрын
Thank you for your great content sharing with people, I have a question a bit confused me if you using debt buying house you gonna pay tax individually from the gov to owning a house. it's can't be tax-free right?
@melisaco79 5 жыл бұрын
People, I'm an investor in Real Estate and what Ken and Robert are doing are EXACTLY what and how you want to do it. If you're looking for "Easy" or "Quick" money, go apply for welfare and be a slave to the system your entire life. This elite level of investing takes work, constantly educating yourself and building strong business relationships. You have to stop looking for "get rich quick" which is the ultimate fallacy and lies. You have to work at this, be creative ( as Ken found with upgrades ), and work at it. You want cash flow? Listen to these guys, they are THE TRUTH.
@DatHoodCook 5 жыл бұрын
HA! This is the lesson I've been waiting on! Find a property that has some value, if not you can be creative to make it valuable by adding a business to it and making the deal with the bank or whatever financial institution you are pitching to! #opm #gooddebt
@volstonabreo5630 3 жыл бұрын
yepp
@alexgomezhernandez3796 5 жыл бұрын
Nice ending, lot of info in a short video. Thanks.
@JV-vg5dd 5 жыл бұрын
Awesome!! Following In Arnold's footsteps!!
@OdinsSon22 4 жыл бұрын
Good video but it Really cuts the flow of the video when you keep flashing it back to yourself asking questions to the camera. Especially when you are asking them the very same question 2 seconds later. Without this very choppy edit you can have something that looks and feels more professional and flows smoother to keep your viewers interested
@ashishranjan6809 5 жыл бұрын
Thanks for uploading this video. Now I will really want to try my luck in real estate as a beginner.
@bruh-jo9lw 5 жыл бұрын
First watch @KrisKrohn
@notused2118 5 жыл бұрын
Believe it or not there's no luck involved. Follow Robert's steps in his books. It's slow dry and boring to most however in time as you grow beyond Robert after applying what he teaches you, it's simple, not easy, to make everything work.
@ashishranjan6809 5 жыл бұрын
@@notused2118 you are right sir
@notused2118 5 жыл бұрын
@@ashishranjan6809 Just remember that he wants you to upgrade your vocabulary which will bring you cashflow much faster. A great example is someone I know recently inquired about why he was turned down for a loan due to it misinterpreting the finanials of a deal. After reviewing the denial, this video served as a reminder to call the bank and to correct the bank's mistakes in the denial. We received a lot of apologies from the bank and will meet with the committee shortly as the bank missed key aspects of the project's income and future income.
@NoName-wc4qr 4 жыл бұрын
Beautiful already knew this but it smoothed out the edges
@lenny108 4 жыл бұрын
This is important knowledge that could help millions of people. Actually, sixty million Americans live near or even below the poverty line, one million are homeless, twenty million live in trailers. They all could come out of this depression by following Bob's advice.
@Laprintanddesign 5 жыл бұрын
This is great information! 👏🏽👏🏽👏🏽 thank you team!
@darrenkerr3495 4 жыл бұрын
"Iv'e been fooled by get rich quick schemes before but I know I'm going to get rich this time and quick" Homer Simpson.
@theadjuster151 4 жыл бұрын
How's it going now?
@saladvolcano3103 4 жыл бұрын
@@theadjuster151 D'OH!
@JiteshRout 3 жыл бұрын
You can never get rich quickly, because if you do, you will lose it all quickly as well, since those "riches" came without you being disciplined enough to handle them.
@djohnson2853 4 жыл бұрын
Is there a email where can ask question and get more advice?
@isabellaharper3493 2 жыл бұрын
Sometimes I really wondered how people make this huge profits investing on the stock market online, I agreed with you investing and earning is a legitimate way to gain financial freedom, but how is it done?
@charlottegomez5279 2 жыл бұрын
When discussing crypto diversification frequently asked question is whether diversification is even possible
@mohammadmurphy3927 2 жыл бұрын
@Frances R Robert interesting
@mohammadmurphy3927 2 жыл бұрын
Please enlighten me more about the trade
@nickcholasstampley1149 2 жыл бұрын
I don't usually do reviews, but earning x3 of my monthly salaries from Laura Jasmine trading
@lolaharrison54 2 жыл бұрын
I'm a beginner in trading and wanna reach out to Laura Jasmine, how and where can I do this?
@MrMarkCaudill 5 жыл бұрын
This is a very encouraging show, I am glad to see this young lady wanting to teach her generation the RichDad education.
@almilan7984 4 жыл бұрын
A good tips for investing in real state. Thanks
@gerardotrujillo8064 5 жыл бұрын
gracias por el video saludos desde Deming N.M
@vcrcnk666 5 жыл бұрын
What about bank interest they charge ? That kills you
@crystaljune473 2 жыл бұрын
When it comes to the world of investing,most people don't know where to start.fortunately,great investors of the past and present can provide us with guidance
@fisayofosudo538 2 жыл бұрын
I'm so happy ☺️ my life is totally changed. I've been earning $10,250 returns from my $4,000 Investment every 13 days
@jacksonprince8559 2 жыл бұрын
Same here, I made $12,400 profits on investing since I started trading with Mrs Alice foster his trading strategies are too notch am winning consistently trading with Mrs Alice foster . He is really the best broker I've made a lot of profit investing with her
@xlltd1725 2 жыл бұрын
After watching so many KZfaq tutorial videos about trading I was still making losses untill Mrs Alice foster started managing my investment now, I make $6,800 weekly. God bless Mrs Alice foster . Has been a blessing to my family.
@solomonjosh3182 2 жыл бұрын
I've seen a lot of recommendation about Mrs Alice foster , Please can I have his info? I want to invest 2,000usd with her.
@solomonjosh3182 2 жыл бұрын
Thanks a lot, I'll contact her right away...
@laurencedaliva9067 5 жыл бұрын
Thanks alex 👍
@Enril-bs9cg 5 жыл бұрын
Wonderful... thank you all!!!
@edwardharbort9513 4 жыл бұрын
why is that you guys never cover Credit Score to get these Loans from the Bank!
@42Channel42 3 жыл бұрын
I don’t think they get personal loans. It probably runs though their business somehow.
@42Channel42 3 жыл бұрын
@Ghxst jojo his tenant paid off the mortgage and the credit, and then some, because he cash flowed $25 per month on that property. I wouldn’t recommend using a credit card like that unless you really know what you are doing. That was his best out of 100 properties he looked at when he started out, and he used a credit card to prove he could. However, too risky for the average guy. Save the down payment or find a less risky loan. I’m not an expert, just my opinion. I don’t have properties yet. But I don’t think Robert would recommend using a credit card like that, he was just proving a point with the story.
@42Channel42 3 жыл бұрын
@Ghxst jojo I’m not an expert on this stuff, but that was my understanding. The trick is to cash flow, profit over expenses, and avoid paying taxes on profit due to claiming depreciation. Look up Ken McElroy. He works with Rich Dad, but he’s who you want to study if you really want to understand real estate investment. Robert is just the beginning, study his advisors and his books for more detail.
@nelsonrai1626 5 жыл бұрын
In 15:28 that guy looks and breath intensely that Robert keshioki told something very very secret formula to become rich.
@phahlatladi5789 5 жыл бұрын
Thank you Robert..you know what we truly want.
@AlBeZed 3 жыл бұрын
Robert's a true puppy player. He's decorating his show with a lovely talking bouquet of flowers to the left and small change advisor fiddling with his T-shirt to suggest even dummies would understand the trick.
@wolfguptaceo 2 жыл бұрын
huh?
@stefan-silviubuculesei2415 5 жыл бұрын
Hi. I would like a video how to find properties, apartments, buildings... Thank you.
@perciousmatter7001 4 жыл бұрын
Same
@BOSSConsulting4U 5 жыл бұрын
My dream is to sit side by side with Mr Kiyosaki so I can tell him how he has affected my life. You know that will be the next video I make. No money down, OPM, Real Estate and his book RDPD changed my life. One day I will tell him.
@notused2118 5 жыл бұрын
Wouldn't you want to sit next to her? Young, willing to learn and willing to help teach things in a new generation's way of seeing things?
@BOSSConsulting4U 5 жыл бұрын
Only if she was interviewing me.
@notused2118 5 жыл бұрын
@JQ R6 She won't if he puts himself into a position like that. Women like cute small puppy dogs, older, more mature dogs aren't so cute.
@Sleepwalk3rr 3 жыл бұрын
What’s your Instagram?
@BellaRose_Music 5 жыл бұрын
Thanks for the knowledge
@keithrodriguez8109 5 жыл бұрын
Hmm, I like this informative video
@josephhunt6499 4 жыл бұрын
I love the content of this channel, but the commentating halfway through the video is distracting and unnecessary. I get it that its used to keep it's "entertainment value" up, but it's not needed. Just thinking of ways of how this channel could be better. Besides that, keep up the good work!
@erxfav3197 5 жыл бұрын
So how can you learn more to actual implement and do this? Especially regarding securing the financing?
@dragonofthewest8305 5 жыл бұрын
True bro like practical
@lspagl7667 5 жыл бұрын
I think the book Ken has written would answer lots of those questions... I think she said it’s called Abcs of property investing. Good luck 😘
@nahlidify2264 3 жыл бұрын
where can I find a course like you took (the 3day real estate course, when u first started) thats gonna teach me real estate and debt? im dedicated to learning
@MessoverOG 4 жыл бұрын
Hi from NC! Just discovered you and subscribed.
@redpillinvesting Жыл бұрын
Robert Kiyosaki is a legend and everyone should read his books and adapt his mindset. Great guy with a lot of free advice for hungry learners!
@imarreyes3369 3 жыл бұрын
I love how she is becoming more confident in the videos.
@eliza6470 3 жыл бұрын
Maybe..but still not with the wardrobe;(
@ladie5423 5 жыл бұрын
It's confusing. They need to be more specific with numbers to see if it's good enough to get a loan. He said buying the property and then put tenants. But the bank will not le d me money unless they see money moving.
@b.couturevibesnyc2870 4 жыл бұрын
This channel has taught me so much 💡much appreciated
@pamcolechadwell1302 5 жыл бұрын
But you have to have good credit!
@lalive2993 5 жыл бұрын
Pamela Chadwell no you don’t if your cash flow is good you can’t still get a loan regardless but with higher interest.
@sergiothebadass2564 5 жыл бұрын
They don’t care about your credit if the NOI is good ....there is a lot to learn about real estate when you learn it you’ll be like fuck is this legal and it is.
@HogOnWelding 5 жыл бұрын
I been working on mine for the last year and it has been getting better. But having credit as a business owner is a great asset
@Jack-do5tq 5 жыл бұрын
Then don’t have bad credit
@zoomtv2577 5 жыл бұрын
Then get good credit stop complaining. Complaining is just waste of time. Just find solutions
@songsbydaniel 5 жыл бұрын
YESSS!!! You guys are getting better at this. This is really bringing value to the YT community! Thank you!
@Blade181 5 жыл бұрын
Incredible. My Sister referred me to chek u out years ago. Am I ever glad I took her advice. :) thanx Kim , my sister xoxx
@Chalansing7 4 жыл бұрын
good to know about Real Estate investing and NOI ,but they didn't say any about of( APR) loan interest and if the property is vacant ,How you going to handle for your monthly statement?
@oscarsavarino 5 жыл бұрын
Ken Mcelory : He appears uncertain when trying to explain anything. Very often he looks at Robert like looking for some kind of support. Not very convincing.
@yanickp9973 5 жыл бұрын
Oscar Savarino looks like the type of guy that doesn’t want to giveaway his knowledge because he doesn’t want new rivals in his area. Anyway, remember that if everyone gets rich, the cake is smaller.
@jaygee74 5 жыл бұрын
Check out his book on investing its the shit!
@dinutepes 4 жыл бұрын
You are right. In addition, look at his "addiction". He has a nervous tic, a movement that he keeps on making. Something with his shoulders
@bradleaman 4 жыл бұрын
he is a real estate guy not a public speaker like tony robbins
@lenny108 4 жыл бұрын
@@bradleaman Seems Robert hired Ken and Alexandra and simply makes money with his youtube channel and by selling his books.
@sagarg.c7042 5 жыл бұрын
people want to get rich quick that's why they don't get rich at all .....nice one Mr.Kiyosaki 😂
@jacklondon8845 4 жыл бұрын
Not true....tell that to Matthew Cox
@Aliusmi 5 жыл бұрын
Nice informative video.
@Alejalucci128 4 жыл бұрын
This is great thank you
@BIFFY425 5 жыл бұрын
I like the idea of someone not repaying Robert and he sends ninjas out to collect the money
@jamessalazar6702 2 жыл бұрын
HAHAHAHAHA this one hit
@robjonson629 5 жыл бұрын
Thanks and great ideas as usual - however in practice it does not seem to work - for example I recently called my bank and tried to get a loan so that I could develop a property however in order for the bank to lend me £16,000 the total repayment figure was £25,000 so the interest and charges to borrow the money are so huge that the returns from the investment would not be enough to clear the interest payments on the debt . Please tell me how I can borrow money cheaply for my property investments . Thanks
@robertarceo6560 5 жыл бұрын
thank you for this!
@Outnova 10 ай бұрын
Does the bank credit check for having income statement ?
@saurabh10133 5 жыл бұрын
McElroy is uncomfortable in his T-Shirt
@user-nw5hh5gp1m 3 жыл бұрын
Investing in crypto now should be in every wise individuals list, in some months time you'll be estactic with the decision you made today.
@heleneric3648 3 жыл бұрын
Most intelligent words I've heard.
@digitalassetsdaily2378 3 жыл бұрын
Seems crypto is overtaking the stock market in the recent bull run haha
@juanhenandez1109 3 жыл бұрын
Stocks are good but i swapped and invested in Bitcoin and other Cryptocurrency. I have been making good profits.
@sortokeith4692 3 жыл бұрын
@@juanhenandez1109 Wow Great that's called diversifying a portfolio
@gabbytony3597 3 жыл бұрын
I'm an investor in Crypto too over the years
@evaristochimwala6980 4 жыл бұрын
Thanks a lot keep it up guys
@oximas 3 жыл бұрын
muchas grasias
@cristianmora5724 4 жыл бұрын
Just amazing! Thank you so much for this amazing content, I’ve learned more here about money then I ever will in high school or college. Currently working for myself as a young millennial/entrepreneur. These classes have helped me tremendously now I have a clear idea where to invest my money. Thank you God for these teachings.
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