Real Estate Investing With No Money - Robert Kiyosaki

School doesn't teach you about money so in this video, we will tell you the rules the rich follow and how they view their real estate investing deals. We share what the rich focus on when they find properties to invest in and the major considerations they focus on. You can invest in real estate without your own money. This is the beauty of real estate.

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.

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Facebook: @RobertKiyosaki

Twitter: @TheRealKiyosaki

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Advanced Lessons in Millennial Money S1 E2

[TheRichDadChannel]

If you have questions make sure you post in comments.... We will answer.

[superplan]

My poor dad is dave Ramsey my rich dad is Robert K

[uliwbwk]

Watching this instead of doing my homework. Hopefully a good investment!

[froman]

I keep hearing "use OPM" yet, I don't hear how to find these investors so I can use their money, or if they are saying how, I surely have missed it.

[maddenus]

Last time I used other peoples money was with my mom's credit card and I was arrested. Robert, why didn't you warn me about this?

[cwebbhouston]

I have 4 rental properties. I did not purchase them off of the MLS. They were all purchased from off-the-market wholesale deals. Each deal was over 100% return on my capital investment. Each deal has over a 20% cash on cash return. You have to have capital to invest with, and the properties you purchase should suffer from differed maintenance. This is how you capture your equity. I make sure my numbers work to where I can cover most of my rehab with a hard money loan and furthermore pull out 15 to 20k of equity while still maintaining 20% equity on my loan when I refinance. That 20k will be used to get into my next property, because in reality that is the capital you need to get into a deal. When gurus tell you you don't need any money to "invest" they typically are selling you a program that only works with "unicorn" deals or it's a wholesaling course. They are so many sharks and middle men in this business, so to be successful it's best to find a mentor who has been through it all several times over. Did I mention that I "legally" will never pay taxes....neither on my equity capture nor rental income. If you flip...your not investing by definition...that is retail which you will have to pay capital gains on.

[luishernandez-pfpj]

Still in pay yourself first, but numbers keep coming up

[falco]

After my car is paid off, which will be in 2 months, I am going to pay myself everytime I get a paycheck to get used to the habit

[markdurgin]

Hi, and Thank you for all these excellent videos! Big Fan here. I have a question: In this video, Alexandra and Shane mention (3:00 in) that one of the reasons that the person (or business) giving you "OPM" for your 1st down payment is that they will have some ownership of the property in question. I assume what you mean by this is that you would initially purchase this property in tandem with the entity loaning you OPM. So you essentially co-own this asset with them, correct? And is this written up in a legal agreement so that when you pay them back then you buy them out...? I am just confused as to how that works from a legal perspective. Thanks!

[jestonitv]

#Aspiring Rich Dad.
Thanks for financial education Boss Robert Kiyosaki. Keep inspiring others.

[michaelbuffington]

I have been a Realtor for over 20 years. In the past 3 years I've been using OPM to buy and flip properties at a profit. They get 6% on their money in about 3 months. I get the profit of the flip. Robert Kiyosaki is right.... it works magically. I'm looking forward to learning how to use OPM when buying a rentals. I see negative comments on this post and they are obviously not educated, and not willing to open their mind to the education which they are practically tripping over. It works, I'm proof! Big Dog in Real Estate, NM/USA.

[jeremiekabongo]

This dude now is on some shit.. can't wait to see this

[mohammadnour]

Great Video, Success is dependent on the actions or steps you take to achieve it. Show me a man who doesn't have an investment, and i will tell you how soon he will go broke. Investment is building a safe heaven for the future. With the right choice of Investment that has at least 1% minimum risk and with an expert guidance, profit and Intrest is 100% guaranteed.

[anaaguirre]

Finally a video that tells me something... I feel like a lot of these videos just go around in circles and say nothing...

[gabzie]

QUESTION. My parents don't own their own property (they are financially struggling) so it's not like I can ask them for money when they trying to survive with all their debts and expenses (already being so far in their lives)... my friends... they don't understand this and preferto just be an employee. The only way for me to buy property is through my own means... by getting a loan from a bank. But... to qualify for a loan... u need to have a minimum set income every month plus u need at least 10% of the price of the property cash... so I calculated and it will take me a minimum of 3 years and that's with a job I'm not supposed to have???? I understand my goal is to not be an employee and to be financially free but i just don't understand how we supposed to do that from the get-go??? Don't we have to start with a job but with the right mindset and correct financial education, instead of using our income for what the rest of the world uses it for... commodities and to live luxurious.... we use our income to start investing and slowly build ourself up until we can quite our job???? And after the first property, it will take less time to get my second property and it'll be easier... and i would have gained some experience from the job...but that's all I can think of doing? 🤷🏻‍♀️ Maybe my financial education is just not good enough. Am i not understanding the concept... like what is a 18 yr old who just finished school to do... with no money, no job or no experience??? Where do u start? Gaining Financial Education but u need to pay the bills while doing this...??? I think i need to do more research because I'm obviously not getting this.

[sidneylc]

That thumbnail clickbaited me, nah, I was going to watch the video anyway like the other videos from the Millennial Money series. Que bueno saber que la anfitriona o presentadora habla español, pero de donde será?

[fire--fly]

7:24 “If there IS a crash...”
Well that got real pretty fast!

[robertschuster]

I like Robert i listened to his audio books its just real estate isnt my thing but his basics are good although im in stock market. thanks for your general advice.

[diehatazmixtape]

I just wanted to say thanks for being so informative learning is fundamental.

[rentospropertymanagementso]

OPM is truly a great thing to learn from this video. Thank you.