Transforming Real Estate into a Cash-Flowing Asset

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.1 • 3.9K Ratings

🗓️ 12 June 2024

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week, real estate expert Robert Helms guest hosts for Robert Kiyosaki and reveals the transformative power of real estate investing. Joined by guests Terry Kerr and Liz Brody from Memphis, Tennessee, they dive into their journey of flipping houses and renting them out, creating significant cash flow and long-term financial stability. Learn about the advantages of investing in Memphis and Little Rock, including affordability and high rental demand. Whether you’re new to real estate or a seasoned investor, gain valuable insights on property management, renovations, and navigating current interest rates to maximize your investment returns.

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Please read carefully.

This is not financial advice.

You may be asking, “what does that mean?”

Let me explain…

Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.

YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.

We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.

Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.

Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.

Transcript

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0:00.0	This is the Rich Dad Radio Show, the Good News and Bad News About Money.
0:07.0	Here's Robert Kiosaki.
0:08.8	Hello, hello, hello, welcome to the Rich Dad Radio Show, The Good News and Bad News about money.
0:13.6	Part of the bad news I'm not Robert Kiosaki.
0:16.4	He is traveling this summer and I'm thrilled to be co-hosting today.
0:20.4	My name's Robert Helms.
0:21.5	Normally hosted the Rol Real Estate Guys radio program.
0:25.0	And we got listeners all over the world at Richdown Radio.
0:28.0	We sure appreciate that.
0:30.0	Just a few days back, beginning of the month,
0:32.0	I spent a big chunk of time with Mr. Kiosaki and we talked about all kinds of things.
0:37.0	One of the things near and dear to his heart, of course financial education.
0:40.0	That's a little of the story I want to tell you.
0:42.0	If you've read Rich Dad, poor Dad, then you know the story, Robert and his best friend Mike,
0:47.0	discovering that they could melt down old toothpaste tubes to create quarters and therefore make money.
0:54.8	Well, when my son was 11 years old, we're driving to scouts and he says,
0:58.3	Dad, you've got that printer that prints those beautiful color sheets. we take some hundred dollar bills and
1:05.1	make copies of them on the copy machine and I thought oh my gosh this is my
1:10.0	rich dad moment I said I love the way you think but that's not how we make money.
1:15.6	As you know for reading rich dad poor dad chapter one is the rich don't work for money.
1:20.7	Money works for them to transition to that I was telling Robert the story of my son
1:26.9	now 18 years old. Well he's 19 today but before he left the age of 18, he bought his very first rental property,
	...

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