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Passive Real Estate Investing

Rich Dad Poor Dad Book Summary | PREI 071

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Education, Business, Investing, Entrepreneurship, How To, Business:investing

4.6968 Ratings

🗓️ 16 February 2017

⏱️ 23 minutes

🧾️ Download transcript

Summary

On today’s show, I will be giving you a summary of Robert Kiyosaki’s Rich Dad Poor Dad book. This is a famous book that has been mentioned in past episodes several times, but just in passing. This book changed and influenced the lives of a lot of people, myself included. If you missed our last episode, be sure to listen to Ask Marco – Is It a Peak Market? | When Should I Buy? | Avoiding Failures. Enjoy the show! – – – – – – – – – – – – – – Download your FREE copy of: The Ultimate Guide to Passive Real Estate Investing. Get your FREE coffee mug by leaving us a Rating and Review on iTunes. Here’s how. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW (Thank you!) SUBSCRIBE on iTunes | Stitcher | Podcast Feed Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income

0:07.0

while creating wealth for the long term. And now here's your host Marco Santorelli's.

0:14.4

Welcome to passive real estate investing.

0:16.6

I'm your host Marco Santorelli.

0:18.3

And on this episode, I want to talk about a very famous book,

0:21.8

Rich Dad, Poor Dad, and I want to make kind of a book summary here,

0:25.1

but if you've read the book, even if you've read the book more than once, or you're familiar

0:29.4

with the book, I still suggest listening to this episode because we learn through repetition and you might catch a lot of things in your first run-through with the book, but it's not until you listen to something or read something a second or third time that you catch things

0:44.2

you miss the first time and you catch some new ideas that connect and gel with new knowledge

0:49.9

that you have in your head.

0:51.1

So it's always good to hear things a second or third time because often you'll catch new ideas and see things in a new perspective.

0:58.8

But Rich Ad Poor Dad was a book that really affected me and opened my eyes because when I was reading that book I

1:05.2

literally could not put it down I was just so drawn into it and I was on a train ride from Rome to Florence Italy at the time. So with this beautiful

1:15.1

countryside whizzing by on both sides of the train it was more important to me to

1:19.5

read the Rich Dad Poor Dad book than it was to look out the window of the train and admire and

1:24.9

take in the beautiful scenery.

1:26.8

But I was focused.

1:28.0

So anyway, the nice thing about Rich Dad Poor Dad is that the book summarizes Robert Kiosaki's lessons learned

1:35.0

from two different perspectives, that of a poor man

1:38.0

and that of a rich man.

1:39.4

And drawing on his own experiences,

1:41.8

Robert Kiosaki discusses how he creates financial

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