All Forum Posts by: Gabriel Meerzo

Welcome! It's nice to see fellow Hoosiers here on BP. I'm a newbie also, but I'll help in any way I can.

@Heather Nave

 We'd love to have you join! Hope to see you there.

Attention investors from northern Indiana. 

We have partnered with Indiana REIA Fort Wayne and we are hosting our third Cashflow 101 game night / meet-up on Friday, May 15th. We are trying to host a game once a month. The meet-up doubles as a networking and discussion opportunity for everyone involved.

We usually host the game at the CoWork facility in downtown Fort Wayne, but we are now going to alternate locations every month. This month we will host in Warsaw, Indiana.

The Cashflow 101 board game is one of the best ways to simulate your investing career without risking your hard earned money. Playing with other investors is a great way to learn different investing strategies and bounce ideas off of fellow players. We use the game nights as a chance to network and make new friends in the investing world.

A little info about the game:

Robert Kiyosaki, author of “Rich Dad, Poor Dad,” stresses the value of games, particularlyMonopoly, as tools for learning basic financial strategies such as “trade four green houses for one red hotel.” Kiyosaki has created several games to reinforce the information in his books.

“Cashflow 101″ is a board game designed by Kiyosaki, which aims to teach the players concepts of investing and making money.

There are two stages to the game. In the first, “the rat race”, the player aims to raise his or her character’s passive level to where it exceeds the character’s expenses through a variety of investment options. The winner is determined in the second stage, “the fast track.” To win, a player must get his character to buy his “dream” or accumulate $50,000 in monthly cash flow.

The game forces the players to do the accounts by themselves. In place of “score cards”, there are financial statements. (There is now an app available as a companion to the game. Cashflow Calculator in the app store for iPhone and Android) Therefore, players can see more clearly what is happening with their money. It generally shows how assets generate incomes and liabilities and ‘doodads’ affect expenses.

Basic strategies involved in this game are: buying and selling stocks, cashflow, appreciation, and leverage.

This is a public event. Anyone is welcome. We are not selling or pitching anything. We simply want to bring like minded people together to share ideas in a fun environment.  Hope to see you there!

We usually hit up a pizza joint afterwards, so any suggestions from the Warsaw area members will be appreciated. We like good pizza!

Friday - May 15th - 7pm

Post a reply if you can make it.

@Account Closed

Sorry @James Bausch, I do not. But I do know of a CPA in Ft Wayne that handles large investor portfolios.

Very true @Brent Coombs

 Thanks for the tip!

Here is a link to the CoWork event.

http://www.startfortwayne.com/events/2015/4/11/network-game-night-cashflow-101

Don't forget, this Saturday April 11th. 7pm

Hope to see everyone there!!

I told her about the 80-90% rule and she about fell over. Apparently the taxes are assessed differently here.

Right. I talked to another local investor, and apparently this is the norm for this area. Land value and improved value are both listed, plus the property sold in 2008 for 65,000

Thanks @Mark Bookhagen