Don't Chase Money, Chase Education - Robert Kiyosaki
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Published 2019-12-20
Buy properties that you can rent for more money than their mortgage.
If you are buying hoping the property goes up in value you are placing your money at risk from a market crash.
When a crash does happen, it will be the biggest opportunity for everyone with true financial education.
To explain further, my real estate advisor, Ken McElroy, Kim and I shot this video years ago when we were predicting the last real estate crash.
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All Comments (21)
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"Stupidity is when euphoria affects your thinking" Never truer words when investing in real estate. All decisions should maximize cash flow above everything else
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Thank you Robert for all the education... You've changed my thinking. May you live long.
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THIS IS THE FORMULA TO BE RICH: Acquire 4 GREEN HOUSES , then exchange them for 1 RED HOTEL your welcome.
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Kyosaki "does that make sense you guys' now is stuck in my mind. Everytime I read his book or read a investment article/pitch I always hear his "Does that make sense to you guys?"
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The internet has so much opportunity available where simply posting valuable evergreen content to viewers may help you earn extra capital. I wish I'd adopted this practice sooner because becoming an entrepreneur helps me spend more time with family, friends and of course provide valuable content to my viewers and that really excites me. The internet is here and it is very mature, flooded with so much available opportunity. All we have to do is take action and of course to take full advantage. Good luck and happy holidays to everyone.
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The more you learn, the more you earn
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The answer we all came here for: @5:40: The difference between "The Cash Flow Strategy" and "The Capital Gain Strategy"
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Thank you for pointing out that, and I am moving on right now 😁
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Thanks so much for the awesome video 🔥 This will definitely help me Become Wealthy and Improve my Finances!! Keep it up! 💯💯🙌
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Here’s the trick!! That refi money can’t touch your hands! You gotta move it into the next deal so don’t refi until you find a deal!
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This is happening in CANADA as we speak. Real estate prices is through the roof especially in big cities and gta. Most Homes are a million dollars. People are lining up buying more properties using equity in their current homes driving prices even higher and most investment properties especially in and around gta can’t be positive cash flow with 20% down payment cause rents are high but home prices are even higher. So don’t know how long this will keep going here in the north.
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Love this kind pf video ♥️
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Great video. 👌🏿😎🌴
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Thank you 😁
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What does it mean from buying at 11mn and adding value to refinance it for 17mn ?
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This guy Ken looks very good. Good man he is
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Thank you Mr Kiyosaki, you would do subtitles with Germans Thank you for the inspiration.
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Those people who place blame on their poor investments obviously were not schooled on the 3 E's: Education, Experience, Excess Cash. And the real Asset (or Liability) is the Investor, not the Investment. Rich Dad, Poor Dad 101 - Learn the rules, master the game.
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It's Sooo true 🙏👍👌
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That is exactly I'm doing I would love to meet you in person and teach me