Guidelines

How do you make money from real estate with no money down?

How do you make money from real estate with no money down?

Here are some examples of no-money-down real estate deals:

  1. Borrow the Money.
  2. Assume the Existing Mortgage.
  3. Lease with Option to Buy.
  4. Seller Financing.
  5. Negotiate the Down Payment.
  6. Swap Personal Property.
  7. Exchange Your Skills.
  8. Take on a Partner.

How did Robert Kiyosaki make his money in real estate?

Best known for a series of books called Rich Dad Poor Dad, Kiyosaki has built everlasting wealth through his lifelong journey of investing, speaking events, and real estate. The majority of his revenues come from his seminars conducted by individuals who pay to use the Rich Dad brand name for marketing reasons.

What’s the best way to get started in real estate?

Best ways to invest in real estate

  1. Buy REITs (real estate investment trusts) REITs allow you to invest in real estate without the physical real estate.
  2. Use an online real estate investing platform.
  3. Think about investing in rental properties.
  4. Consider flipping investment properties.
  5. Rent out a room.
READ ALSO:   How do you restore residual magnetism in an alternator?

How did Robert Kiyosaki buy his first investment property?

The real estate class cost $300, which was quite a high sum in the early 1970s for a military pilot making $800 a month. Kiyosaki, a Marine Corps and Vietnam Veteran, bought his first real estate property in 1973 when he was stationed in Hawaii.

Why doesn’t Kiyosaki own any foreign real estate?

However, Kiyosaki says he doesn’t own any foreign real estate because “I have to know the underlying economics” of the area, and he wouldn’t have enough familiarity with the situations in other countries to be comfortable investing there.

Is Robert Kiyosaki still giving us some great investing advice?

But, regardless of some of his business behavior, Kiyosaki has still given us some great investing advice. Today I wanted to take the time to share with you three pieces of advice that Robert Kiyosaki has recently shared, and highlight why you should heed it.

READ ALSO:   How many ml does a Gatorade cap hold?

Was Robert Kiyosaki really a rich dad?

Prior to his 1997 publication of Rich Dad, Poor Dad, Robert Kiyosaki never had any documentation of the wealth he supposedly amassed ( Forbes) There really wasn’t a rich dad, even though his book specifically claims there was one (Smart Money Magazine, February 2003)

What ETFs does Kiyosaki invest in?

Though Kiyosaki declined to name the specific ETFs in which he’s invested, ETFs such as the allow people to invest in those previous metals. Kiyosaki owns oil wells, too. He remarks on the price of gasoline that “as a consumer, I’m upset,” but that when he notes the price of oil, “as a producer, I’m happy.”