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30 Comments
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😂😂❤❤ “Kim’s a fricken monster”
You guys are all missing the point. That $25/month is after all the expenses. That means the the mortgage payment, etc… is all paid already. The $25 he gets every month goes into his pocket to use however he chooses. For him, most likely went into more investments. But the point I’m getting at is once you have that $25 cash flow started, it doesn’t end until you sell the property. Or preferably, do a 1031 exchange to get a more valuable property, or cash out refi to purchase more properties. and down the path you go to purchase and collect more and more assets. Rather than spending hours and hours at a dead end job 40+ hours a week to make someone else rich, if you collect enough assets, you’ll never have to clock in or fill out a vacation request ever again. Instead of investing your time at a 9-5 job, you’re investing in yourself. It’s all a matter of mind set
When your largest expense turns into profit you gone be good
I would love to know how you do it. That's amazing.
He is absolutely right but you know what whenever after years economy goes down and recession hits all the people who are doing that way of businesses 98% of them are out of business and bankrupt so you want to be 98% of broke people left
What the f*** 25 to $50 a month how is that even worth it
It's insane how easily this tricks people. Woe you can make money with nothing. Besides the loan for the house(some places you need one regardless) mortgage,tax, repair cost utilities. An also you have to be able to live of the 25 a month your getting back while losing much more. Wow great plan you probably only need like 800k a year to start not even bad. Hell that's only 25-30 years with no other expenses.
Do you know how many renters were screwed from rent $ last couple years?!
Keep telling young people they don’t have to work that’s fantastic advice. This guy is not honest at all. Ask Elon Musk about work ethic not this clown
Dear Mr. "Rich Dad".
You need to think a little more deeply about what you propose here…
Yeah…
It works for a FEW when everyone else is ignorant to what you are doing…
Which won't be much longer btw…
Thanks to YOUR arrogance… 👍
We certainty can't ALL manipulate each other to steal each other's money, can we?…
What the hell would be the point of that? 😳
Jesus…
Just keep what you have, be content, and stop being a cry baby because you want more than you deserve.
Yeah you can buy homes and rent them out. Once you get a renter who doesn’t pay your the one that has to pay that loan on that rental. If you have a few are not paying your going to lose those rentals when you can’t pay back the loan.
Use other people so you don’t have to actually do something of value
When I read comment sections, I realize how dumb the average person is.
Kim’s a monster and you are an asshole who was screaming to buy silver in february at the peak!!!
Your not putting 0 down on a investment property unless you have a house already paid off in your name or lots of collateral. It's a fact dont need a millionaire to explain this shit to me.
What is real state?
He is so phony. all his money is made from seminars, books and education $1,000,000 NOT in REAL ESTATE he puts his money in real estate. there is a difference. his company bankrupt some years ago.
And now Portland is a shit hole
People still buy this bs
$25 a month seems way too little, even for back in the day.
I did about the same thing… Off 4 properties I was bring in $47/month and I was like this crazy and now I own 11 properties and 3 Businesses. Mindset is key
Great! your potential seems timeless
I have saved 300k up. How can I deploy it to prolific lnvestment? Reading books on investing and as well get started. Thanks
Robert shared on the Rich Dad Channel Kim brought her first property in 89 and houses in UK were £30000 pounds. This was a good brave move by Kim because the value is high today way high. Thanks for sharing Robert on what you and Kim have achieved.
How does $25 a month change your life? I'm confused 😕
RICH DAD AND POOR DAD Book changed my life you are my financial teacher thanks for sharing your knowledge
What is wrong with working?
cant even do that today old man
My biggest question, is how to get a bank loan, with all the current bank verification, is a lot of collateral that they ask you for it.
What an amazing story! Making enormous money today out of almost nothing.