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500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming

500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming

FromBiggerPockets Real Estate Podcast


500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming

FromBiggerPockets Real Estate Podcast

ratings:
Length:
78 minutes
Released:
Sep 2, 2021
Format:
Podcast episode

Description

Robert Kiyosaki is arguably the most influential author in the finance, real estate, and investing space. His book, Rich Dad Poor Dad, has sold over thirty million copies and has been translated into forty different languages across forty different countries. Since its inception in 2002, Rich Dad Poor Dad has become almost every investor’s favorite book, prompting them to get out of the rat race, pursue financial independence, and teach them everything Robert’s “Rich Dad” taught him.Robert has seen numerous housing cycles, including crashes, booms, and busts. His knowledge of micro and macroeconomics is astounding (to say the least) and he has some strong predictions for the future of real estate investing and the global economy as a whole. We talk about capitalism, marxism, communism, inflation, debt, assets, liabilities, and everything in between. This episode is not only crucial for anyone who is a fan of Robert’s books, board games, and videos but anyone who truly wants to learn the game of real estate.As a general word of advice: Robert has some very strong opinions that he voices throughout this episode, and even if you disagree with any (or many) of them, it may serve helpful to listen to his full explanations of his takes. Robert has built an incredibly successful life, but started as a child of a financially dependent family, served in the marines during the Vietnam war, and has fought hard to keep capitalism alive and well in the United States, and abroad.Be sure to grab Robert’s new book, Capitalist Manifesto, and thank you for joining us for the 500th episode of The BiggerPockets Podcast!In This Episode We Cover:Why Rich Dad Poor Dad remains a timeless classic in the investing worldWhy Robert favors real estate, precious metals, and cryptocurrency above other assetsThe difference between an asset and liability, and why so many Americans confuse themWriting (and fighting) for freedom, prosperity, and wealth Paying attention to the macroeconomic trends and using them to make smarter investing decisionsThe assets that Robert is bullish on in today’s marketWhy you need to love studying real estate to become successfulAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets Youtube ChannelBiggerPockets BookstoreBrandon's InstagramDavid’s InstagramBiggerPockets BundleBiggerPockets Wealth MagazineBiggerPockets Podcast 479: 10 Powerful Lessons Brandon Learned Building a $50M+ Rental PortfolioRay Kroc's StoryDave Ramsey's WebsiteCashflow GameGoBundanceKen McElroy's WebsiteDavid's Guesting on Ken McElroy's ShowJordan Peterson's WebsiteCheck the full show notes here: https://biggerpockets.com/show500See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Sep 2, 2021
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.