What Type of Real Estate the Rich Invest In – Robert Kiyosaki [FULL Radio Show]



FIND OUT WHAT THE TOP PERFORMING REAL ESTATE INVESTMENT IS : Assisted living is a growing and top-performing investment. Victor Menasce joins Robert & Kim to offer a detailed look into his lucrative career investing in the assisted living sector.

GUEST: Victor Menasce

AIR: Aug. 7, 2019

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45 thoughts on “What Type of Real Estate the Rich Invest In – Robert Kiyosaki [FULL Radio Show]”

  1. what's the best strategy to invest in real state, with the biggest bank spread tax on the world (Brazil) 8% per year for real state finnancing…I mean, with this high tax, money is much more expensive to borrow than U.SA. or Europe. Thank youuu Sir!!

  2. Geez, Robert, people dying of starvation really is not funny! You have a Monty Pythonesque sense of humor.
    Anyway, my former husband, Robin Hur, author of Food Reform, never worked from the time we were married in Santa Barbara until he passed in 2018; his income came from developing property that he owned (5,000 acres of raw land) in Maine. We always rented, never bought a house. Now our daughter is going into real estate which motivates me to soak up information from your videos and share them with her.
    She has a degree in PR and journalism and was in the top 5% in sales for Verizon for 5 years, sold insurance for a while and is helping her husband in his tree care business. Check out the website she created! http://www.honeybeetreecare.com
    I'm just a lowly musician but after reading your book Rich Dad, Poor Dad, decided to use my social security income when I turned 65 to live in low income housing and focus my time, energy and talent to creating a body of work and am preparing to record my 12th album of original piano music. You can hear some of it here http://www.soundclick.com/pianorama
    and looking forward to receiving more royalty checks from BMI
    Thank you and Kim for all you do, as you continue to mentor and inspire.

  3. Do you have a video telling where are these assisted living places to buy? How do you bid. I"ve seen plenty new construction. Do you mean whatever is on loopnet? You see Alf's and you know how one operates, but which are for sale, and why?

  4. I would love to see Robert Kiyosaki speak about British Channel Island namely Jersey whereby a 1 bed room flat starts from £180k and how are you meant to join this type of market with a £25k salary a year…

  5. I made my first million from in Trading stock as a beginner, the expert who assisted me is Mrs Joanne Mary Granchelli, we met at a trading conference and she accepted to trade for me, I've had no course to regret ever since

  6. Nascosta real estates .. I’m looking forward to work with some of you guys here
    Lot of opportunities here in Africa Ghana to be specific I’m looking forward to building NASCOSTA HILL RESIDENCE IN 5 years it will b in a hill area mainly for top executives

  7. To summarize and for those inquiring about how to do it and find the deals.

     find a real estate property in an area/market where it will leave you + CASHFLOW AFTER all expenses(utilities,mortgage) are paid.
    this is your homework and every other investor out there.
    example on a property deal:
    multi family house purchased, say 3 family $150,000
    property taxes $7,000

    your money you will need:
    20 % down payment($30,000) needed as you are consider an investor and will not live in home
    go to bank to get mortgage $120,000
    if you do a 30 year loan
    your monthly mortage w taxes will be approx $1,400.
    say rent roll is $4,000(apt 1 $1,333, apt 2 $1,333, apt 3 $1,333)
    utilities $200 (water ,sewer ,electricity)

    $4,000 rents
    -$1,400 mortgage w/ taxes
    – $200 utilities
    ————–
    $2,400 CASHFLOW in your pocket to do as you wish.

    key is to buy more houses w + cashflow to give you a passive monthly income of your choice and lifestyle to ultimate ,
    GET OUT OF THE RAT RACE (your nornal 9am to 5pm Job w bosses)

    Mr Robert Kiyasaki WON'T find you the deal or give it to you.
    go out there explore ,talk to realtors , look at properties, find out about your market rents find your niche area …stick to it and watch that property increase in value and Cashflow as you will raise rents based on present market.

    NOW GO SAVE YOUR DOWN PAYMENT AND GO BUY YOUR FIRST REAL ESTATE CASHFLOW DEAL.

    Follow my channel and contact me if you have any questions.

    I'm a Ny Lic Real estate broker,
    Real estate investor ,
    Book author of THE MINDSET OF WINNER FROM A MILLENIAL

    THE MINDSET OF A WINNER FROM A MILLENIAL https://www.amazon.com/dp/B0825J2V87/ref=cm_sw_r_cp_apa_i_5o1kEb086ANTJ

    GOOD LUCK MY FRIENDS!!!

  8. Assisted Living can be very transient. They may be there only 6 mos before going into a nursing home. you just dont know. It takes a special person for sure. Its a phenomenal amount of work. Cooking & Cleaning up after Meals, Cleaning both facility, after meals, etc. and sometimes the residents!, Laundry, Creating Activities, Hair salon visits, Exercise, Monitoring, Keeping certain residents in their lane, Transportation for Dr. Visits, etc., Medication dispensing – requires special qualifications. Its almost a nursing home. Its more than most people realize

  9. Robert says he uses debt to buy the properties, so this is a stupid question but what does he do with the profit? Does he reinvest it into other properties? Or does he literally only ever use debt to buy his properties? Thanks for any help!

  10. From worst to best real estate investments : 7. Vacation home, 6. Single Family Home (highend) 5. Multi family condos (HOA) 4. Manufacture home 3. Master planned community (HOA) 2. Single Family Home ( moderate workforce) 1. Senior housing.

  11. Thankfully, both Robert and Kim made me realize that a paycheck is just scraps. I want a lot in life so a paycheck surely won't help. So forget slowly backing out of the Rat Race. RUN!

  12. Robert Kiyosaki, I would like to thank you for your book Rich dad poor dad! I read Rich dad poor dad in my late teens to early 20s. I had two dads also, a stepfather and a real dad. Your book Rich dad poor dad explains asset and liability very well. I was able to relate due to the fact that my stepfather was a master Japanese upholster that owned a home and a four Plex rental unit. My real father always had a good job but never owned a home let alone rental units. Your book made me pay close attention to my two fathers and i saw the concept very quickly. I had bought a small manufactured home for 8k just prior to reading your book Rich Dad Poor Dad and sold it for 10k shortly after reading you book. I then bought a 4-plex with a FHA owner occupied 8.5% loan with the 10k from the sale of the manufactured home for down payment. I lived for free in one unit and rented the 3 remaining units to pay all other related costs and mortgage payments. I was amazed at how easy it was. Have lived for free ever since and My best deal was a commercial property with a 4-plex that I purchased with credit cards.your financial knowledge is priceless and will always be with me. I like to think of you as my third Dad I have never met! Some day I would love to shake your hand and maybe a big hug would also be in order! Your book was the turning point in my life! Again Thank You!
    Best Regards,
    Bryce

  13. Kiyosaki thanks for contributions to financial knowledge.
    I want to ask what should a trading institutions do to maximize profit if the company trade on China products now that productions is not stable

  14. ugh kiyosaki, thats a rough slogan id think 2 about throwing my parents in there,BECAUSE I LOVE THEM haha how about nevereverland or LAST STOP B4 EATERNATY ……???THE HAPPY PLACE IS HERE….. BUT THE PARTYS UPSTAIRS……??????/ HAHA

    OH RICHY KOY BOY DAD YOUR KNOWLEDGE IS APPRECIATED LOTS HERE ,BUT ALSO WOULD LIKE TO STATE NAME BRANDING ^^^^^ IS ON SALE YOUR MORE THAN VOICED OR NICLY ASKED OR WELCOME TO
    SENDING YOUR ENCLOSED IN AN ENVELOPE TO MIKE MAKROPOULOS /USEDV3DYN1CE @
    404 ROWAND AVE GLENDORA NJ 08029
    PAYMENT ARRANGEMENTS ALWAYS WELCOME WITH STICKERS SHIRTS VIDEO,MUSICAL,AND OR WRITTEN KNOWLEDGE BASED CONTENT ONLY OR REJECTION IS NECESSARY & OR LATE FEES WILL BE LATER NOTIFIED TO YOU BY VOICEMAIL,TEXT,LETTER OR SURPRISE NOTICES LOVE YOUR INPUT INTO MY TINY BRAIN BUT INSANE EXCITEMENT ALSO MY I MARRY OR BEAUTIFUL DAUGHTER?

  15. We've been to Many Conferences on the subject of Senior Housing. And even though it fills an obvious need, the investors involved are horrible people.
    I have personal experience on both sides of this business. Aging Parents who need help, and the investing side.
    The Basic Business Model is, you charge the Senior as much money as they can realistically afford based on their expected life expectancy.
    Then if they Die Before they run out of Money, you undercharged them.
    If they outlast their money, They are sent to Hospice, given Pain killers and they stop feeding and caring for them. And they just let them Die, even though it's not really their time yet.
    It's such a dirty business and prays on families in their most vulnerable moments.
    It may be a very profitable business, but everyone I've met who are involved in the business are vultures and are just looking to steal these people's life savings before they have a chance to leave anything to their Children or Grandchildren.
    Our Local Real Estate REIA brings in speakers at least once a month on this subject, and they are just the biggest scumbags you'll ever meet. It takes a lot to stand out as a scumbag in the Real Estate Game, it's a business built on lying and taking advantage of people. but these Senior housing people are the worst of the worst.
    I think it's an important service, but it seems to attract very bad people who just don't care about the people they're supposed to be helping.

  16. Good day,

    I am a private investor that specializes in providing all types of investments funding,including mutual funds, business loans, commercial loans for companies, real estate loan and construction and all round. We give out loan at 4% interest rate and a 100% funding. Interested individual should please contact on.

    Contact:

    nelsonkentrobert@ftml.net

  17. The easy answer to this is that since the rich don't "own" anything the type of real estate investment they would pursue is for income and not necessarily for growth or value! They're always looking for a percentage share or cut of everything and if they can hold onto their money and spend your money the more the merrier!

  18. I’m 55 and been involved in realestate for many years in Australia ,I don’t know how people are supposed to find the money to pay to stay in assisted living
    But I can tell you by the time you pay a cook a cleaner a nurse a gardener ,public liability would be 20k,,land tax 15k,building insurance, council compliance red tape,and anything else I could not think of. ,I could not see this working on a small scale, I currently live in Vanuatu where for $150 a week I can have someone ,cook, clean,garden inc vegetables,fruit,meat birds

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