Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Guru, Book, & Course Reviews
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

24
Posts
5
Votes
Xu Som
  • Saint Paul, MN
5
Votes |
24
Posts

Cashflow 101 game

Xu Som
  • Saint Paul, MN
Posted

Hello BP,

I've been testing out the game and there are some questions I would like to know since the instructions weren't that specific.  If anyone knows or have any tips please do share as I would like to know as much as I can before I play with some friends.  

1.  Can we borrow the whole down payment loan or partial loan to pay for a down payment from the bank?

2.  I've heard of individuals playing and finishing the rat race in a couple rounds.  I may not have the most open imagination, but how is that done? I'm thinking that you'll have to borrow loans from the bank to work on deals right away to produce cash flow?

3.  Are there any additional tips when playing the game?  Any advise will be greatly appreciated as I would like to teach my friends on how to play it also.

Thanks.

Most Popular Reply

User Stats

630
Posts
377
Votes
Ed Emmons
  • Specialist
  • Milford, ME
377
Votes |
630
Posts
Ed Emmons
  • Specialist
  • Milford, ME
Replied

If I remember:

1. Whole thing

2. There are different cards with different versions, I could tell you how to do it but that would spoil and defeat purpose of the game. But I will tell you certain market cards drawn at the right time can get you out quick. However, in real life it would be very rare.

3. The value of the game is education. Talk about why everyone does what they do in the game. Many times the decisions a person makes in the game are a reflection of how they think in real life. If they are still in rat race in real life, the game can open a whole new way of thinking. I have found that most people don't have fun playing a near life game. It works best when the players are serious about changing their life so pick the right players.

Loading replies...