All Forum Posts by: Johanna S.

@Johanna S. if you decide to keep your home as a rental property, do you have enough capital to purchase a new home? You did not mention, if you have children. An option would be to sell your home and use the cash, to purchase a residential property. You can use FHA Financing requiring a 3-5% down payment and you will receive residential loan terms that includes a 30 year amortization schedule. The plus side is you will receive management and landording experience while your tenants pay the mortgage. The FHA will require you to live there a minimum of one year before you can move out and lease the unit. The downside is such a purchasing scenario does not provide you asset protection, with respect to closing on an Investment Property in the name of a LLC. This is one option to consider without knowing the full details, of your personal situation. I hope this helps you.

I would keep it as a rental and go buy a new primary.

Kiyosaki's book was written by a ghost writer.  I like the book, but understand what it is.  It's designed to build credibility for him in the marketplace so you attend one of his seminars and buy his training. 

He doesn't do the training.  He didn't even create the training.  He contracted with professional trainers to create that for him.  He just puts his label on it.

I think he started with Dolf de Roos. Then, he rolled to someone else. I'm not sure whose he uses now.

Shemin's book is the same thing.

Both are generalized education to get you excited about the business.  I'm not criticizing either of these guys' books or what they offer.  They aren't a bad thing.  I'm just suggesting you understand the way the seminar world works.

 Research thoroughly any training you want to buy before you buy it.  These programs are typically expensive, and if you don't pick the one that gives you the results you want, you will have spent a lot of money for nothing.

@Mister Campwell 

Thank you so much for your respond I will keep reading and learning more and more .yes sf is very competitive but i believe that is always a way to make business