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Updated over 7 years ago, 08/15/2017

User Stats

7
Posts
6
Votes
Yuhung Lin
  • Investor
  • Grapevine, TX
6
Votes |
7
Posts

Robert Kiyosaki's new move

Yuhung Lin
  • Investor
  • Grapevine, TX
Posted

Cannot believe it, our forefather of this real estate investing, Robert Kiyosaki predicts the next crush is under way. He is even teaching people how to prevent from portfolio losses. I get the facebook advertisement from his company richdadreport.com today.

If I am only picking up my deals starting from this year, how can I sustain from the crush, I know I can always dump the wholesale deals to somebodies else if I am willing to earn little profits from them, says 5k-7k. But what about all those buy and hold investors, are they worrying now and stop buying multiple families? If they acquired the properties between 2009 and 2010, they are safe in one standpoint is that their purchase cost was low, but how about the loan they are taking ? Will the crush effect them at all ? 

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