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All Forum Posts by: Ivan Jouikov

Ivan Jouikov has started 28 posts and replied 96 times.

Post: Investors cutting wholesalers?

Ivan JouikovPosted
  • Renton, WA
  • Posts 127
  • Votes 15

Makes sense - thank you all!

Post: Investors cutting wholesalers?

Ivan JouikovPosted
  • Renton, WA
  • Posts 127
  • Votes 15

Looks like I've got a lot to learn.

Post: Investors cutting wholesalers?

Ivan JouikovPosted
  • Renton, WA
  • Posts 127
  • Votes 15

Cloud the title?

Post: Rich Dad books/CDs - I now have trust issues

Ivan JouikovPosted
  • Renton, WA
  • Posts 127
  • Votes 15

When I first read Rich Dad Poor Dad, I had full faith that whenever Kiyosaki cited events from his life, he would not be lying.

I'm not talking about whether or not his Rich Dad was real. I'm talking about specific life events he calls out.

The more of his stuff I read, the more discrepancies I noticed. This one I found particularly interesting:

On "Choose to be Rich" 12 CD set (that you get when you sign up for the $500 seminar), CD 4 or 5 I think, Kiyosaki clearly calls out this event from his life: him and his wife Kim were broke and all they had was $50 left, so they went to some cheap motel and got a room and it turned out to be only $40; so, they went across the street and bought some chicken and beer for the remaining $10.

Kioysaki's wife Kim recently released a book called "Rich Woman," where in foreword she clearly states this: at some point they were broke and they had no money left and all credit cards were maxed out; she went to some cheap motel and gave the receptionist her maxed out credit card, while keeping her fingers crossed that they don't actually run it. The receptionist simply scanned the credit card, but never ran it. After that they went across the street and somehow managed to afford some chicken and beer.

The reason I feel trust issues, is because these are supposedly real-life events that were the "rock bottom" from where they had to learn to invest in real estate. If that really happened, this kind of detail could not be possibly forgotten or get mixed up.

I feel disillusioned because I have a feeling that all the Robert/Kim Kiyosaki books were not written with intent to sell a story and a lesson, but rather with intent to use psychology to pump the next product.

Now that I think about it, this is the path I took:

$25 Rich Dad Poor Dad --> Other Rich Dad books from library (free) -> $160 Cashflow 101 -> Free Seminar -> $500 seminar

I don't regret taking this path because I've learned a lot and it changed my life. I just feel bad because I gave my trust to the author completely, only to start realizing that the "personal true life events" was fiction as well...

I am very happy that I found this website though :)

Post: Investors cutting wholesalers?

Ivan JouikovPosted
  • Renton, WA
  • Posts 127
  • Votes 15

I recently spoke to a supposed RE investor and our conversation went something like this
- Do you buy wholesales - can I assign a contract to you?
- Why would I do that? If I like the propertly I'll buy it myself instead of paying you assigner's commission.
- ...

After that I was thinking about this for a bit. While it is true that he would be able to talk to the seller and give them higher offer than me... On the other hand, that seems like a destructive way to do business. If I offered a deal to someone and they "stole" it from under me, I'd make sure that this guy never gets another deal from me or anyone else I know...

Any thoughts on this?

Is his or mine judgement clouded?

Hi everyone! My first post here; I'll do a proper introduction later as I'm just reading right now.

About 2 weeks ago I attended NOUVEAU RICHE 2-hour free "seminar" (the one with the sales pitch). I'm still learning a lot of terminology, so I went up to the speaker and our conversation went like this:
- Are you a successful RE investor?
- Yes I have XXX properties
- Do you buy wholesales - can I assign a contract to you?
- Why would I do that? If I like the propertly I'll buy it myself instead of paying you assigner's commission.
- ...

After that I was thinking about this for a bit. While it is true that he would be able to talk to the seller and give him higher offer than me... On the other hand, that seems like a destructive way to do business. If I offered a deal to someone and they "stole" it from under me, I'd make sure that this guy never gets another deal from me or anyone else I know...

Any thoughts on this?

Is his or mine judgement clouded?