MAKE MONEY WITH NO MONEY WITH ROBERT KIYOSAKI, RICH DAD POOR DAD -Robert Kiyosaki

The future belongs to those who believe in the beauty of their dreams. Success is a state of mind. I start investing my cash in other to achieve all my dream with the help of Lucy Mary Liam. The difference Mrs Lucy Mary make in my life is second to none. It's definitely a life changing kindness. I really appreciate her effort in my life time.

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.

Thanks from Belgium

Does the bank credit check for having income statement ?

What about all the people that don't pay their rent in time. Doesn't it affect the whole plan and how to deal with that

The problem of this operation is to find people who pay rent (if the building is old the tenants do not want to enter) if you have to renovate it so much before renting it is a deal that is not convenient, unless you do the renovations to everyone who pays the rent. Am I missing something

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.

Aside from buying property with tenants (because having to manage that is somewhat troublesome) would there be another type of property investment to get into? Also what about interest rates?

Robert Kiyosaki is a blessing to many. I achieved success after practicing the steps below.

Still not clicking for me.

In the final explanation.

Robert gives ken $1M, Ken buys the property then increases its value. The bank loans the money to Ken now since they see the new NOI. Who can now pay Robert back, I get that.

Ken is 50/50 partner with Robert?

When tenants pay rent and the loan is covered by them, the leftover money is called cash flow?

Is the leftover income, after expenses and loan payoff, split between Robert and Ken?

Do Landlords not get taxed on the rent they collect if they are still paying the loan off? Is it a write off?

👍🏻

All that technical info only works in US, when gonna here apply in venezuela, colombia, bolivia it doesnt work

Robert kayoski has not been to kenya but his message is with the people who desire to be rich in Kenya

All talks but it's only informations online. Nothing is going to work.

really educate me and build and work into investor

Is it too late to invest or to start? Just came across yr channel. Been working for custodian for almost 10 years and it got me no where in life. I want to see if I can do it too. I got no experience

And yet you need money to make money

I've got .money now 8 barred myself from all gambling balance growing can afford prawns now and again sleep under stars no rent no drugs grog no brains don't no what worry is can't follow u guys give it away

They didn't said anything relevant on how to make money without money.

This explanation is terrible. They didn't even explain anything. Get into the process all they said was make the building worth more then loan more. Well no shit. Explain the process.

"Impor-dense"?

I really want to get into this. Somebody please explain:
- So I only get into more dept and never pay is off? But the interest just keeps increasing the dept? 😕🤔 So if I understand correct, I don't want to pay back my dept because then I pay taxes? Will I always have the dept as a liability? Don't I want to strive for more assets and less liabilities? Also how do I put the rental income into my pocket without paying taxes on it?

- Same with credit card dept with a 16% interest... I take a credit card loan of a 1000$ and next month I have to pay back 1160$ why would I do that?

Just trying to learn and understand not bash on this.

Anytime I see a video of Robert Kyosaki a see him drawing that useless board. He is best example of digital fraud. Selling to everybody how to make money without actually never made anything concrete or useful to humanity.

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?

Kenny in debt to Robert, if Kenny finally pay Robert's money back, why Robert still owns the property?

they still hide the most important question: "how the bankers lend you money in the first place when your have negative NOI as a starter? pre-step, born with a rich dad first?

MAKE MONEY WHILE YOU ARE SLEEPING!
AS YOU SLEPT LAST NIGHT, YOUR RENTS ARE RUNNING. YOUR ELECTRIC BILL WAS RUNNING. YOUR DATA WAS RUNNING. NONE OF YOUR BILLS SLEPT. THEY KEPT ON BILLINGS AS YOU WERE SLEEPING. IN OTHER WORDS, YOU WOKE UP OWING MORE THAN YOU DID BEFORE SLEEPING. THAT'S WHY YOU NEED 'PASSIVE INCOME'. SO WHEN YOU SLEEP, YOU CAN ALSO MAKE MONEY, NOT JUST DEBTS.

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

If Kenny return the money he borrowed from Robert then how Robert still owning the asset????

it's quite as a beginner and you ought to understand the market trends and different algorithm. The losses i incurred made me believe trading was actually a dead end not until I made 10 times on my trading capital in 3 weeks and with the market making large moves and the support and mentoring I got from Mr Kurt and he made me learn to read and understand the language of price action rather than relying on lagging indicators. under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 13k to 50k in just 5 weeks. I will advice traders especially newbies to have orientation of trading before they involve in it. His mail address is 🔝 above 🔝 my comment.

This video gives the secret foundation to get rich by really using other people' s money.

They never actually tell you anything useful

99% of millennials making fun of real state, which invested in bitcoins and shitcoins and stock market expecting to "go to the moon" and get rich faster, are kinda disappointed now.
The cycle repeats.
I bet they see Robert advice's with different eyes now.

Here to do a loan in the bank there is qualification First you must be in a company for a long time with higher position and a some assets and collateral for this loan..

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

Now two years following and reading what Kiyosaki teaches about money .
I'm hopeful things will turn positive for my side from these beautiful videos and the powerful Rich Dad Poor Dad✍️✊keep them coming!

This video finally made me fully comprehend good debt. I kind of understood it before but this video just made it click. Your million dollars gets paid back after going into debt, but it's not taxed because you were paying it back and not making taxable gains on it, AND you have a new property to show for it to start a new cash flow and reinvest into building debt and protecting that money, continuing the cycle.

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!

Really great advice. My question is : should I use Mentors to get into Real Estate investing? I want to learn from someone first. Thanks

Corporate property is far more risky
Don't be dis-illusioned into thinking you can get this with no money down as a fish out of water
Banks will look favourably on people with experience and some money to deposit - a bit like buying a company
When someone wants to sell something like a book or a course, you will only get to hear about the upsides

Great content man! If you failed to buy Bitcoin in the first place, I think now is the best time to buy again. I've been in the crypto space since 2014 and the profits I’m making from crypto helps me stay financially stable

My question is how do I find a lender like him so I can get the money or funds to but my investment?

what if robert is not there to give the 1 mil ....as is most times?

Th3se information is useless

Helpful indeed 👌

Great video and some nice tips. This is a scary time for new investors but the best thing you can do is not to make a decisions base on emotions. This could be actually a good time to buy more of your high conviction stock or crypto on a discount. Wealth is create during Bear 🐻 markets not Bull 🐂 Market. If your portfolio is really affecting your mental health then delete the App and go for a walk. Let the Market do it thing and have a long time horizons. I buy and just trade long time more than ever. I have made over 19`btc from day trading with Mentor Mia Scott crypto in few weeks this is one of the best medium to backup your assets in case it goes bearish🚦

There’s one important question not answered regarding the real estate investment property purchase; how can you afford the 10-20% deposit for the home loan when required by bank?

Be the change guy talks about his tenants like the owner of an ant hill. Sickening.

What happens if, for some reason, tenants stop paying their rent?