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It doesnt matter where his cash flow comes from. His first big success was the invention of the velcro wallet. long before his books. Donald trump fully endorses the kiyosaki methods, not only that he's co-written books with him about the same thing. This is the problem with skeptics...

As rates go up so do deductions, at the same time this can increase cashflow from the tax office to you. You can receive more money in your pay packet every week. You depreciate real estate using a depreciation schedule, and get your tax back' every week rather than at the end of the...

exactly, real estate is and always will be the ultimate. Values going up and down shouldnt be an issue unless your way over leveraged on your real estate or your negative gearing everything, either way your buying real estate the wrong way. People area also very lazy when it comes to buying...

Paying a mortgage is for slaves ??? id seriously suggest investing some time in your financial education. Good debt vs bad debt. If a mortgage is paying you thats a wonderful thing, debt can be used as leverage to increase your wealth exponentially. I think alot of people on this forum...

i might also mention that they company that wrote the gold silver book - the rich dad people and group of people have FAR more money in cash flowing real estate, than they do in gold and silver. So im not against gold and silver i certainly have plenty of it. Theres plenty of other things out...

Thats a very general view, not specific in any given area. You can do well in a downturn, in just about any of those areas including stocks & real estate. You need to have somewhere to live. Zimbabwe, people bought real estate, gold as well, but real estate was treated the same as gold...

Rent is also a liability. You can rent out rooms in a house, and live in it yourself. It can generate income for you many ways, home based businesses etc. You can claim home office deductions and all kinds of things in your own mortgaged home. capital appreciation is most of the time...

exactly. The point the other guy made about real estate holding up however, apparently in zimbabwe when the callapse happened there real estate was priced in US dollars well before. Homes were $500,000 US dollars etc whether that was 20 trillion zimbabwe dollars or not, real estate wasnt...

People in cyprus at the moment aren't talking about gold and silver from what i can tell, they are trying to work out where to put the money. I think people will choose real estate before gold and silver. While you might increase your purchasing power holding gold, real estate is the easiest...

Thanks :)

Why the hell would you want limited cash flow? do you enjoy going to work every day? if so then great limit your cash flow. Cashflow makes you rich, and it doesnt matter how you do it.

Well let me put it to you another way. Compared to whats going on in cyprus, banks asking people to put up more money when the value drops cant be anywhere near as bad as that. Im going to wrack my brain trying to remember what i read in the article, but it was along the lines of what i've...

The terms are, when you sign 20% deposit any less its LMI. Have a read through the fineprint on your mortgage documents its probably in there. Banks do care about the value of your property. I'll have a read through mine and see if i can find it now i've said that i bet its in there somewhere.

Its years since i read the article, i think it might have been in the Australian. Was back when they were having those massive waves of foreclosures the first time around.

Its not total rubbish. This is the process the banks should be following. Now plenty arent going to do that, but some will. And its the reason alot of people were foreclosed on in the states because they could keep their 20% equity or whatever in check. They were asking people to put up...

another thing i would say is i have no idea what shares you have either, so check what cashflow you are getting on those too. BHP isnt going out of business any time soon. Real estate in my opinion is the easiest business to be in, requires the least amount of time to look after. Real...

You dont have to even look in this country for instance, emerging economies, and even new zealand, 30 grand you dont even need a loan in most of these places. Theres plenty of places in rural australia that are going to get excellent capital growth, look at somewhere like port pirie in south...

If the value goes down enough you may have to fork out more cash and if you drop below 20% equity you may have to fork out for LMI as well. People should be mostly investing for cash flow not capital gains. You get less cash flow paying down a mortgage than buying more real estate...

I might point out also that I know people who lived in Zimbabwe through the hyperinflation, and real estate was a safe haven and did not go down in value, it went up. If your banking on hyperinflation, you'll do we'll with real estate too, and generate cash flow along the way. Look at all...

So you rather pay down a mortgage and free up less cash, rather than spread your risk, generate more cash flow which could be paid off the mortgage and faster anyway? If values drop significantly you might be talking about having to put up more money as a deposit for the property your...