Robert Kiyosaki, alongside real estate mogul Ken McElroy, dives deep into the world of real estate investment, offering unparalleled insights that could potentially alter your financial future. With over 25 years of friendship and millions in earnings together, Robert and Ken share their journey to becoming titans in the real estate sector, all while paying minimal taxes.
They share personal investment stories including their successful partnership in real estate that has earned them millions with minimal tax expenses. They discuss the keys to finding good deals, the mistakes new investors make, and the potential of raising capital without relying on one's money. They highlight the concept that the best deals are never advertised and caution against jumping into investments without proper knowledge.
Why Watch?
If you've ever dreamt of emulating the success of real estate tycoons or wondered about the true assets that can fill your pockets, this episode is your treasure map. Unravel the mysteries behind bubbles in real estate, stocks, and bonds, and discover why the aftermath of a market crash might be your golden opportunity. Delve into the significance of property management, the art of leveraging debt, and why your house might not be the asset you think it is.
Timestamps:
- [00:00:00] - Introduction: The real estate bubble and current economic outlook
- [00:01:00] - Robert's encounter with Ken McElroy and the birth of a real estate empire
- [00:03:00] - The misconceptions about assets and liabilities
- [00:07:00] - Property management: The key to real estate success
- [00:13:00] - The BRICS' potential impact on the U.S. dollar and the importance of gold investment
- [00:16:00] - Kim Kiyosaki's message and invitation to a wealth-building event
- [00:17:00] - The essence of real estate investment and the journey of Ken McElroy
- [00:25:00] - The significance of raising capital and finding deals
- [00:33:00] - Closing thoughts and Sarah's personal real estate venture
Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker’s personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.