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Summary Inflation metrics are manipulated: don't rely on the antiquated ways to measure value By comparing real estate to commodities like gold and oil, investors can really understand something’s worth Instead of focusing solely on price, inv...
https://www.richdad.com/true-value-real-estate 8/6/2021 8:31:26 PM
Summary Calculating cash-on-cash return for an investment doesn’t have to be difficult Don’t rely on financial models to make an investment decision Due diligence is a must when it comes to successful investing Many people think that re...
https://www.richdad.com/cash-on-cash 7/7/2015 7:00:00 AM
The biggest thief of all is hope.” —Rich dad I often say ‘hope’ is a four-letter word. I say this because so often people hope and pray, but do not take action. People often mistake hoping as a form of action. Rich dad used to say, “People who cannot find an investment...
https://www.richdad.com/embrace-optimism 9/30/2014 8:40:39 AM
When we hear “IQ” we immediately think about educational intelligence. But what if I told you that your emotions have an IQ level. Would you believe me? Not too long ago I stumbled across this quote: “Sometimes our habitual thinking takes over and we end up complaining or ...
https://www.richdad.com/importance-of-emotional-intelligence 3/11/2019 8:13:58 PM
As you already know there is risk in owning real estate. In doing so, you are dealing with tenants, vendors and even strangers who interact daily with your ownership of the property. And one of them can become injured (or can at least appear injured) and sue. While insurance...
https://www.richdad.com/how-to-hold-real-estate-as-an-investor 6/5/2019 8:52:24 PM
When you think about big business, you probably think about massive skyscrapers with thousands of people slaving away for the ultra-rich living it up at the top, right? It’s rare that you’ll find a business that started out as a way to fill a need and also make a profit. En...
https://www.richdad.com/social-entrepreneurship-case-study 10/1/2018 6:11:21 PM
Summary Differences between crypto loans and traditional bank loans Understanding the risks involved with crypto loans Where to obtain crypto loans Did you know you can get loans using cryptocurrency? These loans work differently from t...
https://www.richdad.com/decoding-the-world-of-crypto-loans 6/12/2024 7:39:18 PM
It took a big leap of faith to follow our dream of opening our addiction and treatment center, Journey Healing Centers. We were quickly met with opposition trying to find capital (which we did). It took painstaking time and consideration to locate the best facility for our g...
https://www.richdad.com/a-tale-of-two-team-members 5/20/2019 7:08:17 AM
I’m big on education. With education, your knowledge increases and your risk decreases. Taxes are a great example of this. As a person’s knowledge about taxes increases, their risk of overpaying their tax decreases as does the risk of incurring penalties and interest. Let’s...
https://www.richdad.com/increase-your-knowledge 1/23/2013 3:23:25 PM
In the U.S., it’s the dreaded Internal Revenue Service (IRS). In Canada, it’s the Canada Revenue Agency (CRA). In Australia, it’s the Australian Taxation Office (ATO). And in Great Britain, it’s Her Majesty’s Revenue & Customs (HMRC). Whatever country you’re in, and whatever ...
https://www.richdad.com/dont-fear-an-audit 10/8/2018 7:00:54 AM
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