Robert Kiyosaki
Robert Kiyosaki
Robert Kiyosaki
Robert Kiyosaki
Robert Kiyosaki
Robert Kiyosaki
Robert Kiyosaki
Robert Kiyosaki
Rich Dad Poor Dad
The Rich Dad Poor Dad
Rich Dad Poor Dad Advice
Rich Dad Poor Dad Information
Rich Dad Poor Dad Video
Robert Kiyosaki and Donald TRUMP
Robert Allen
cashflow board game
cashflow 101
cash flow 101
rat race game
kiyosaki cashflow
Doug Fath
Positive Cashflow
Passive Income Real Estate
Real Estate Investing
Positive Cashflow With Student Housing
Student Housing
Cool
imyourlinkdotcom 1 year ago
How could you possibly know that your property is worth $450,000? Because your appraisor told you it was. You don't really know what it's worth until you actually sell it.
MrPatchesOhoulihan 1 year ago
lol... oh yes!
streettraining 2 years ago
they will if you know where to look... also, i tend not to require an investor as my strategies dictate a NMD outcome, so therefore no money is required at all anyway.
streettraining 2 years ago
@streettraining I met a guy doing the same, systemising when it comes to HMOs is needed or it becomes more than a full time job.
m1leswilliams 2 years ago
@streettraining Then you are "getting into property" like a decorator gets into property when I get him to renovate one I'm flipping. You are just working for the investor. And no investor is going to take a punt with someone with no track record without taking more than 50% of the profit.
m1leswilliams 2 years ago
yeah but it can come from elsewhere... its a common misconception that the individual needs money in order to get into property... if you know what you want to do then there are plenty of investors out there who will lend it to you... so yes you need money, but not necessarily in your own bank account
streettraining 2 years ago
I'm sorry but you do need money, even if you get it all back within 6 months, you still need the money in the first place.
m1leswilliams 2 years ago
Yeah... I mean I'm guessing, but if you put the right systems into place and grow the business, most of the work for upkeep etc can just be outsourced or indeed insourced by employing people. I know a guy in the Uk who has about 70 HMOs and he has it all systemised is such a way that his day to day work includes none of the landlord chores, he's just an investor, doing deals, and living the life!
streettraining 2 years ago
@streettraining thank you for your answer. The private investor gets his money back (morgage) and want to make some money for bringing up the risk-money. And the renovator rents out to students and pays of his morgage with the cashflow. If we estimate the ROI of the angel over 15%, AND take rehabwork&managing the studenthouse into account, it is not easy money, but still: bravo!
Chessnha 2 years ago