Real Estate Rules for Beginners - Robert Kiyosaki, Kim Kiyosaki,

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  • čas přidán 2. 06. 2024
  • Real estate investing is not for the faint of heart. It’s illiquid, there’s a time lag, and it requires a high financial IQ. Robert and Kim Kiyosaki started their investing journey with small, single-family homes in the 1980s and graduated to larger, multi-family units as their experience grew.
    Today’s guest shares where he’s looking, how he got started, and where he recommends beginners get started in real estate investing.
    Grant Cardone, CEO of Cardone Capital, international speaker, and entrepreneur says, “The hard part for me, today, is getting the deal.” The big banks today, are getting the deals.
    Hosts Robert and Kim Kiyosaki and guest Grant Cardone discuss the latest in real estate and what it means for new investors.
    www.richdad.com/
    Facebook: @RobertKiyosaki
    / robertkiyosaki
    Twitter: @TheRealKiyosaki
    / therealkiyosaki
    Instagram: @TheRealKiyosaki
    / therealkiyosaki

Komentáře • 2,2K

  • @luisem214
    @luisem214 Před 2 lety +648

    I love Mr. Kiyosaki.

    • @77candygurl19
      @77candygurl19 Před 11 měsíci

      You had me until you started laughing at someone’s misery. Would one more month hurt? Considering it was the holiday.

  • @CJ-wright
    @CJ-wright Před rokem +1795

    Is there anything like proof recession stock? I am 58 years and would like help in managing my retirement portfolio which is currently $1.25M...down from a high of $1.67M…

    • @Brittany-reeds
      @Brittany-reeds Před rokem +5

      It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.

    • @cliftondippolito
      @cliftondippolito Před rokem +4

      @@Brittany-reeds Very true! I've been able to scale from $350K to $650K this red season because my FA figured out Defensive strategies to protect my portfolio and profit from this roller coaster market.

    • @Rubyeverly-Jessica
      @Rubyeverly-Jessica Před rokem +3

      @@cliftondippolito Whom is this individual guiding you? I lost over $100,000 just last week, So I’m in dire need of a Guide.

    • @cliftondippolito
      @cliftondippolito Před rokem +3

      @@Rubyeverly-Jessica my financial advisor is ALICE ELAINE HAYHURST. A middle aged lady from USA who really knows her stuff

    • @Rubyeverly-Jessica
      @Rubyeverly-Jessica Před rokem +2

      @@cliftondippolito Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

  • @susannabruemmer3683
    @susannabruemmer3683 Před rokem +399

    Investment in stocks is a great way to invest your money. The team is constantly checking the market for changes and make sure that you are always informed about the best time to invest. As a result, I have made more money than ever before, and I don't have to manage my portfolio on my own! Invest in stocks, it's worth it!

    • @stansburyclarice4968
      @stansburyclarice4968 Před rokem

      That's great! may I ask who's your portfolio manager?

    • @presley492
      @presley492 Před rokem

      I've been investing with ROCHELLE DUNGCA-SCHREIBER's guidance for a few years and I couldn't be happier. Her company has given me the best ROI while preserving my capital and has the most thorough investment guidance out there. It also never burns my money with speculation or poor philosophies of risk management.

  • @Raymondjohn2
    @Raymondjohn2 Před 2 měsíci +230

    Real Estate provides cashflow, tax benefits, equity building, competitive risk-adjusted returns, and inflation protection on its own. Whether you invest in physical properties or REITs, real estate may help you diversify your portfolio and reduce volatility. Dividends are what got me into investing in REITs, great way to secure the accumulate wealth, I hold AMT, CCI & PSA. $290k in profits made in 2022.

    • @TheJackCain-84
      @TheJackCain-84 Před 2 měsíci +3

      Consistently investing in high quality dividend paying REITs & companies over the long term is a relatively easy strategy to create generational wealth. My "boring" REITs portfolio paid me over $4,000 in dividends last month.

    • @martingiavarini
      @martingiavarini Před 2 měsíci +2

      It's time to make high value games! Discounted dividend stocks. Ever grateful to my CFP "Carol Vivian Constable’’ I now have a six-figure REIT portfolio, which includes, but is not limited to; AMT, SPG & PSA.... I now have 606 shares of AMT which pays dividends of $3800 per year.

    • @bob.weaver72
      @bob.weaver72 Před 2 měsíci +2

      I want to play the long term game with well diversified fund. Please how can i reach this CFP of yours?

    • @martingiavarini
      @martingiavarini Před 2 měsíci +2

      Most likely, you can run a google search on her name and find her basic information online; you are welcome to do further study.

    • @bob.weaver72
      @bob.weaver72 Před 2 měsíci +1

      Thanks for this tip. Her website popped up on the first page immediately I searched her, I read through her resume and it seems pretty tight. So, I dropped a message & hopefully she replies soon.

  • @joshcassigham9800
    @joshcassigham9800 Před rokem +2048

    In spite of how everyone is frightened and calling the crash, there is already an excessive
    amount of demand waiting to absorb it, which is another reason it's less likely to happen
    that way. This forecast was not made in 2008, at least not by the general public, as I will
    explain below. The ownership rate peaked in 2004, according to the other comment. We
    reached a peak in the second quarter of 2020 and are currently at the median level. From
    2008 to 2012, it fell by 3%, and in the second quarter of 2020, it dropped from 68 to 65.

    • @JoeyMcCam
      @JoeyMcCam Před rokem +3

      Because they are used to bull markets, most people find it difficult to handle a decline, but
      if you know where to search and how to get around, you can make a sizable profit. It depends
      on how you plan to enter and leave.

    • @joshcassigham9800
      @joshcassigham9800 Před rokem +3

      @@JoeyMcCam
      Given that we are not accustomed to such uncertain markets, the fact that the US stock
      market has been on its longest bull run ever makes the widespread anxiety and excitement
      comprehensible. There are opportunities if you know where to go, as you noted that it wasn't
      difficult for me to earn more than $780k in the previous 10 months. Since I was aware that I
      would need a reliable and strong plan to get through these tough times, I engaged a portfolio advisor.

    • @sheliaswelttk2535
      @sheliaswelttk2535 Před rokem +3

      @@joshcassigham9800
      My portfolio has been in the gutter for the entire year, so I started researching new ways to
      profit in the market, but everything I tried just seemed to miss the mark. Please let us know
      the name of your financial advisor.

    • @joshcassigham9800
      @joshcassigham9800 Před rokem +3

      @@sheliaswelttk2535
      It was run by Juliet Eve Downey, who I learned about and got in touch with thanks to a CNBC
      interview. Since then, it has served as the point of entry and departure for the games we have
      emphasized. A search on the internet can be done if tracking is necessary.

    • @sheliaswelttk2535
      @sheliaswelttk2535 Před rokem +3

      @@joshcassigham9800
      I just copied and pasted Juliet Eve Downey whole name into my browser, and her website
      appeared right away. You've saved me several hours of arduous research, therefore I appreciate it.

  • @alicemendoza5269
    @alicemendoza5269 Před 10 měsíci +330

    I’m » hoping there will be a housing crisis so I can buy cheaply when I sell a few houses in 2024. As a backup plan, I've been thinking about purchasing stocks. What advice do you have for choosing the best buying time? On the one hand, I continue to read and see trading earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?

    • @AustinReid09
      @AustinReid09 Před 10 měsíci +1

      Investing in real estate and stocks might be a wise choice, particularly if you have a sound trading plan that can get you through profitable days

    • @AnthonyHart34
      @AnthonyHart34 Před 10 měsíci

      You're not doing anything wrong; you simply lack the expertise necessary to make money in a bad market. In these difficult circumstances, only really skilled experts who were forced to witness the 2008 financial crisis could expect to generate a large wage.

    • @Igorstravinsky788
      @Igorstravinsky788 Před 10 měsíci

      @@AnthonyHart34 Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

    • @AnthonyHart34
      @AnthonyHart34 Před 10 měsíci

      @@Igorstravinsky788 They are actual experts in their field, and I had the pleasure of working with one, which proved to be quite beneficial as they helped me restructure my entire portfolio. My advisor is "Ruth Loralann Brennan, a reputable expert in her field who you may be acquainted with.

    • @harod033
      @harod033 Před 10 měsíci

      @@AnthonyHart34 I must add that Ruth’s profile seems to be pretty knowledgeable, so I appreciate the tip. I completely read through her resume, educational history, and qualifications after finding her online, and I must admit, they were extremely remarkable. She responded to my message, and we have scheduled a session.

  • @guatemalia
    @guatemalia Před 2 lety +49

    Thank You Kiyosaki for protecting your people from
    Something that you won’t do 🙏

  • @debrab7844
    @debrab7844 Před rokem +457

    Okay so I turned 400 into 14k in a month. That's more than 10x return on investment, but if this strategy was indeed viable in the long term, I would be the world's richest man in less than a year.

    • @manylinkz.lining
      @manylinkz.lining Před rokem +3

      Yeah but just like how they said if you get lucky and just like you said what if.. just appreciate your blessing. If you can do that again well you’re amazing.

    • @debrab7844
      @debrab7844 Před rokem +1

      You can get lucky streaks...but eventually you'll lose it all. So you have to work with this..
      Unless he was simply lucky?
      "Better to be lucky than good"?

    • @CurateHub
      @CurateHub Před rokem

      Then why didn"t you invest the 15k to get 50k, then a few times over again to become a trillionaire ?
      I did the same but later you get the buffet effect. The more you have the less risky stuff you do and you play with less and less %

    • @alexanderfinlay9639
      @alexanderfinlay9639 Před rokem +1

      Because you can't do it whenever you want. You can't move the market (unless you're an MM kek). You have to work with an advisor to keep that cosistent. I made 10k from gamestop with $4000, but that will literally never happen again

    • @ericprunty3734
      @ericprunty3734 Před rokem

      @Renee Riggs Teague I bought into bitcoin March 2020. What a great buying opportunity. But it was risky as hell. Can't always be lucky. But you can be greedy when others are fearfull. Doesn't always work out. High risk high rewards is what I'm looking for, putting the gains into "safe" investments. Your advisor is pretty good advisor! I would need his/her help. How do I reach out?

  • @ClarkSmithRealtor
    @ClarkSmithRealtor Před 2 lety +164

    "Respect our audience" Love it.

    • @DaBuDaSak
      @DaBuDaSak Před rokem +3

      Talk about getting butt hurt 😂

    • @josephbadong1860
      @josephbadong1860 Před rokem +1

      Actually, there are a lot of cut scenes in this interview in youtube, if you stream this interview in spotify there is a part, before kim ask about the guest's business when covid came, before that, robert ask him if he want to educate or just say dollars or something like that, and the guest said im here because you invited me to the show robert 🤣 hahaha and robert said like "did i?" Hahahah lol

  • @manny8672
    @manny8672 Před 2 lety +16

    Proof is in the pudding lol Grant also started "beginner" with 1. Take the time and learn the trade. Here's to all the beginners 🙌🏽

  • @rick8602
    @rick8602 Před rokem +101

    I respect Robert for putting his foot down in this segment.

    • @Shannaura
      @Shannaura Před rokem +4

      Yeah, I'm sure Grant meant no harm but his initial advice was like telling someone who never learned to swim to go dive off the side of a cruise ship. But his types also tend to outsource management to corporate management companies which have exacerbated the affordability crisis in CA (in addition to bad state government policies).

    • @mothergoose4231
      @mothergoose4231 Před rokem

      Grant is a scam. Hell get you anyway he can he’s a joke

    • @nelsonsanabria3130
      @nelsonsanabria3130 Před rokem

      @@Shannaura but that's how some learn to swim, by putting yourself in the dangerous situation, your natural instinct to survive will kick in, and you'll adjust along the way and learn. I do agree though that there are a
      Some companies and indivuals who overprice things and mess up the affordability due to their lack of effective money management skills

    • @jamesmccellon825
      @jamesmccellon825 Před rokem

      Putting his foot down on what? Im sorry but I'll take my real estate advice from the person who's clearly more successful at it.

    • @ladeetmccoy2263
      @ladeetmccoy2263 Před rokem

      Exactly! He make sure his audience knows what he stand for

  • @user-rb6jg6bj2i
    @user-rb6jg6bj2i Před 11 měsíci +460

    Productivity never happens by chance; it is always the result of careful preparation, dedication, and consistency. I thank God for my advisor, Mr Yuval Eric Brokman; with his assistance, I am now financially solid, earning between $10,000 and $25,000 every week.

    • @user-dx4sc3vg9y
      @user-dx4sc3vg9y Před 11 měsíci

      Your method is accurate and demonstrates that you have a lot of expertise; it is critical to work with a professional while investing, especially as a newbie; this is why I also work with Mr Yuval Eric Brokman.

    • @LoganRoss-kx2zy
      @LoganRoss-kx2zy Před 11 měsíci

      How do I begin investing in the cryptocurrency markets? I had previously read about Yuval Eric Brokman. I am a complete newcomer to this.

    • @olgageorgsen9654
      @olgageorgsen9654 Před 11 měsíci

      Working with specialists like Yuval Eric Brokman in any pitch will likely result in improvements and profits.

    • @user-rb6jg6bj2i
      @user-rb6jg6bj2i Před 11 měsíci

      Google his name

    • @user-rb6jg6bj2i
      @user-rb6jg6bj2i Před 11 měsíci

      Yuval Eric Brokman✅

  • @glamdryng7404
    @glamdryng7404 Před 2 lety +34

    Ken Mac last month did a segment on small over looked realeste markets to help investors with smaller savings to get started. Like Billboards, storage, data banks, etc.

  • @toyotamanny7178
    @toyotamanny7178 Před 2 lety +22

    Me: Cool. Grant Cardone is on the show.
    Robert: How do we get started in real estate?
    Grant: Start big with 500 units and partner with someone.
    Me: 😕
    Robert: Are you fishing for investors?
    Me: 🍿😁 here we go

    • @user-sh7pe6rf5n
      @user-sh7pe6rf5n Před 2 lety

      Where did this happen???? Time stamp please for this entertainmenttttt ;D

  • @instinctively_awesome8283
    @instinctively_awesome8283 Před rokem +552

    I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?

    • @Robertgriffinne
      @Robertgriffinne Před rokem +2

      Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.

    • @PhilipMurray251
      @PhilipMurray251 Před rokem +1

      My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. Haha.

    • @amirbrooks6530
      @amirbrooks6530 Před rokem

      @@PhilipMurray251 For real, I've wanted to switch to a wealth manager. Please, could you recommend yours?

    • @PhilipMurray251
      @PhilipMurray251 Před rokem +5

      @@amirbrooks6530 The thing is that I really don't like making such recommendations. But there are many freelance wealth managers you could check out. I have been working with "Deborah Sue Bohn" for about four years now, and she's made decent returns. If she meets your discretion, then you could go ahead.

    • @instinctively_awesome8283
      @instinctively_awesome8283 Před rokem

      @@PhilipMurray251 I looked up your advisor's full name and she appears to be trustworthy and knowledgeable. She is a fiduciary who acts in any individual's best interests. So I left a message on her website, and I'm hoping she responds soon.

  • @freewaydeath
    @freewaydeath Před 2 lety +41

    My respect for Robert went way up

  • @indy345
    @indy345 Před 2 lety +8

    Thank you for educating and sharing Kim and Robert.

  • @MeganTucker
    @MeganTucker Před 2 lety +69

    Thank you for your integrity Mr. Kiyosaki

  • @philipwindowcleaner
    @philipwindowcleaner Před 2 lety +2

    Great interview for the first part! Robert’s book looks awesome! Thanks guys

  • @y2vvilliam
    @y2vvilliam Před 2 lety +10

    Robert trying to help with information and Cardone pushing his sales pitch lol
    Great job Robert

  • @cellen9554
    @cellen9554 Před 2 lety +24

    Potential investors are advised to take a long hard look at Grant Cardone’s written contracts and not what he says or claims in social media.

    • @carlossalguero4735
      @carlossalguero4735 Před 2 lety +5

      This is actually not accurate, as an investor in his deals the contracts are clear and the monthly cashflow is even better.

  • @MrGHuffman
    @MrGHuffman Před 2 lety +31

    The tension was thick but I think both strong personalities shared what they believe respectfully.

  • @andrewcleverly1322
    @andrewcleverly1322 Před 2 lety +219

    When you invest, you are buying a day that you don't have to work.
    I pray everyone reading this becomes successful.

    • @andrewcleverly1322
      @andrewcleverly1322 Před 2 lety

      @John Alfred Crypt0 investment, but you will need a professional guide on that.

    • @andrewcleverly1322
      @andrewcleverly1322 Před 2 lety

      @John Alfred you can reach out to him now on FB 👇

    • @andrewcleverly1322
      @andrewcleverly1322 Před 2 lety

      @John Alfred Mark J. Ramsey

    • @_HiddenTalks
      @_HiddenTalks Před 2 lety

      @Mark Anderson What is the best platform to buy physical gold, silver, and mining options?

    • @hanklohan
      @hanklohan Před 2 lety

      Thank you for sharing the good info.

  • @stevevinsonhaler197
    @stevevinsonhaler197 Před 2 lety +16

    I have been a great fan of yours Robert and Grant for some time. You guys have two different niches and Real Estate isn't the same everywhere in the country. I have been in real estate for over 10 years. You missed what Grant was saying, instead the interview got competitive. The average real estate investor needs more money upfront today than even before. That goes true for where I live as well. My dad used to put down a min of 3%, today its 20% or more to be considered or forget it. In some cases, the cash flow doesn't make sense either. Grant mentioned this and you blew it off. Part of your audience is also part of Grants audience. You two have a ton of experience and information and people are hungry for it. Today's real estate environment is completely different than it was 5-10 yrs ago. That's all Grant was getting at. Thank you for all you do sharing what you know Robert. Its awesome that you do share and mentor, many like me appreciate you.

    • @hollywoodclipp
      @hollywoodclipp Před 5 měsíci +3

      Okay look at this aspect tho right the title say how to get into real estate do you think anyone who doesn’t kno someone or really getting partners is going to go after 200 units first time like cmon now he didn’t even say 4-12 units I agree with other ppl now tht grant is big in real estate he does have an ego and you can definitely see it and hear it I’m not saying he’s a bad advice giver but for this episode no

  • @RealEstateDisruptors
    @RealEstateDisruptors Před 2 lety +6

    Amazing interview. Where should beginners go to gain information?

  • @AmanSS890
    @AmanSS890 Před 2 lety +39

    Buying a apartment building is not that hard you can always partner with other people to buy a property it’s the management that really gets to people.

    • @moodmeditation4458
      @moodmeditation4458 Před 8 měsíci

      Where are there ppl mostly they just want to get all of it then leave.

  • @haileesteinfeldclub9562
    @haileesteinfeldclub9562 Před rokem +8

    I love how robert understand his audience 👍🏼

  • @arsalaanaziz5976
    @arsalaanaziz5976 Před 2 lety +25

    I'm so glad that Robert Kiyosaki is getting older and is starting to say whatever he wants, and not caring about being polite. I love it.

  • @sabaithaimassageandwellnes4513

    This is very great chanel. I have been listening to all of your shows and went to class in Edmonton back . I bought 2 homes and now 1 Condo. I am still learning. Thanks Robert.
    Youth

  • @VT-ix5oh
    @VT-ix5oh Před 2 lety +15

    Cardone is disconnected from reality, to say that we are not in a bubble really, certain demos are seeing 20% Year to year real-estate appreciation, thats nuts.

  • @fundaysssdj2626
    @fundaysssdj2626 Před 2 lety +29

    Robert keeping it real! That's what we need! Thank you!

  • @theseoulgoode
    @theseoulgoode Před 2 lety +5

    I think the segment was blown up more than needed. Grant had a different approach in mind that doesn’t speak to the newbie investor.

  • @donh5794
    @donh5794 Před 2 lety +15

    Good and interesting discussion with different philosophies. Congrats to Sarah for jumping into the game.

  • @hector5749
    @hector5749 Před 2 lety +40

    I love the opposition views and the respectfulness of hearing eachother. There is not only one way to work.

    • @getqonfidentwithq8951
      @getqonfidentwithq8951 Před 2 lety +2

      Exactly!! I really respect how this went down honestly because you can tell the complete difference in opinions/approaches!

  • @freeproud6702
    @freeproud6702 Před rokem

    Great show! Thank you for sharing the knowledge

  • @amazingchannel222
    @amazingchannel222 Před 2 lety +26

    I loved this video! Both sides have opposing views regarding getting started, liquidity and the level of difficulty of financing deals! Robert said "don't disrespect my audience". I loved it!!!! Awesome 👍

  • @azulmarineintl.5346
    @azulmarineintl.5346 Před 2 lety +28

    Didn’t Cardone take crowdfunding funds buy properties and sell back to his own capital with the crowdfunding? Promising 15% annual returns ? SEC told him he’s misleading investors and there is a litigation case against him, is this correct ? Asking for a friend

    • @RealEstateWithRay
      @RealEstateWithRay Před 2 lety +4

      Grant has plenty of lawsuit or had plenty. Everyone is quick to sue the person with the money. It's part of the game. Yes the litigation is true but doubt he loses

    • @francescaguzzone7935
      @francescaguzzone7935 Před 2 lety +1

      He has good lawyers suppressing the lawsuits

  • @melanincertified5002
    @melanincertified5002 Před 2 lety +4

    Lol wonder why Robert was bothered by this interview. He was kind of missing the point. Great interview Cardone and Kiyosaki both GREATS

  • @fixingstufff
    @fixingstufff Před 2 lety +5

    I like both Grant's and Robert's & kim's philosophies .

  • @miguelinspirado
    @miguelinspirado Před 2 lety +7

    Love how uncle kiyosaki took charge of the conversation and stopped grants philosophy

  • @lorenavelazquez8801
    @lorenavelazquez8801 Před 2 lety +4

    Thank you Grant and Kim!!

  • @NeluCiorba
    @NeluCiorba Před rokem +3

    very instructive, however it is not easy to avoid the inconveniences even if you have some cash ... hard to start on the spot. I would love to see such useful conversations for beginners in the field ... be blessed!

  • @zondawean5031
    @zondawean5031 Před 2 lety +7

    Wow! The video went from Real Estate for Beginners to how big Grant Cardone is doing it. Thanks for taking the show back to the pace of Real Estate for Beginners. I think beginners should start small with much knowledge instead of focusing on pocketing money fast.

    • @whatsapp1210
      @whatsapp1210 Před 2 lety +1

      GUILDLINE AND MENTORSHIP 👆🏼👆🏼📥📥..

    • @taurusscott3120
      @taurusscott3120 Před rokem

      Contact ivy now for a profitable gold investment.

  • @rebekahrobbins1340
    @rebekahrobbins1340 Před 2 lety +6

    I like hearing the two different perspectives. I do not want to start with a single family home, so I was glad to hear Grant Cardone's perspective as well!!

  • @francismansapit2643
    @francismansapit2643 Před 2 lety +22

    Thank you, Robert , Kim and Grant ! Thanks Robert for also keeping it clear to the audience,,.. Thank you Grant for sharing so much !

  • @fredmarzillier750
    @fredmarzillier750 Před rokem +13

    Thank you so much Robert for standing up for the beginners. It's possible for a beginner to raise millions for their 1st deal and possible to get the deal, but to do all of that, make a profit, AND keep it? Not likely. One thing I've learned in business is you've got to grow into your next level and learn continuously. Noone, not even Grant, started where Grant is today, I think he's forgotten that. I love how Robert and Kim remember their roots, started with a 2br 1ba and grew from there, very realistic. I also love how he invites Kim to contribute and they really share their own personal wisdom each, is so valuable, and they don't talk over each other.

  • @natifl3058
    @natifl3058 Před 2 lety +1

    Thank you ,guys so much! I learned a loooot in one video .Definitely, Keep watching you .

  • @carefulconsumer8682
    @carefulconsumer8682 Před 2 lety +43

    Excellent show. My friend had a renter who did $28k damage in a $200k property before he moved out. Huge holes in the wall, filthy carpet, holes in the ceiling, etc.Managing a rental is very tricky and time consuming as Kim said.

    • @immelting9834
      @immelting9834 Před 2 lety +3

      I had a renter hide a jeep in the garage that came with the rental. The jeep was involved in a hit and run that killed 3 people. Also that same person had 4 dogs that shit and pisses all over the hard wood floors for 3 years. Thousands in damage

    • @suhaibcherukunnon1698
      @suhaibcherukunnon1698 Před 3 měsíci

      Always investigate your property, as owner you have the freedom, don't hesitate

    • @bigsteaksbigbucks
      @bigsteaksbigbucks Před 3 měsíci

      That’s why it’s better to be the one putting the loans making deals with banks to offer mortgages and create deals
      Bound to happen with a rental especially if the tenant isn’t renting to own

  • @reaganben713
    @reaganben713 Před 2 lety +22

    The legendary crossover I was waiting for all this time🔥

    • @juddbrady1825
      @juddbrady1825 Před 2 lety +2

      I think it’s taken so long because Robert didn’t seem to like gc at all even before they had conflicting views. Shame really

  • @tfkelly259
    @tfkelly259 Před 2 lety +53

    Love this I have learned a ton from both of these titans while trying to formulate my own strategy.

    • @joeansah1514
      @joeansah1514 Před 2 lety +3

      I think you’re right in listening to both strategies and trying them to find yourself to find your sweet spot. I wish Robert let him explain himself more fully before chasing him off for having a different opinion and approach.

  • @aljonserna5598
    @aljonserna5598 Před 2 lety +2

    First time discovering Grant, but I think his point in buying big stuff already and learning from it is that, as he had said, finding good deals with areas that has good jobs for people--of course who will pay the rent are people with jobs or have a good stable jobs--in turn they will more often pay their rent. It was just like the concept of playing monopoly, if you know that other players will often cross that color area then you'll have money more often, like the red and orange areas looking at that concept you would want to close it up or take all 3 or most of the orange or red area for yourself to get a good amount of money or renters which will have a good uptime of income then later you'd have the opportunity to make those green houses into red big houses/hotel.
    But then Robert's contrast is that if you already have that big property and you don't know how to manage it (or don't have a property manager) then you're in trouble. Some people may learn how to ride motorcycles or scooters without even knowing how to ride a bike but maybe most of the time there are people who learns how to ride those better by starting with a bike falling often until they have that good sense and learned control of the bike (especially with turning) and actually having maybe a better sense or spatial awareness much like if you start in smaller properties but not too small you'll have more business/legal stuff sense

  • @victorzambon8967
    @victorzambon8967 Před rokem

    Great enterview, love Robert's questions and arguments

  • @eljuancho2
    @eljuancho2 Před 2 lety +4

    Long live Grand Cardone and rich dad team!

  • @nicholastoufos9178
    @nicholastoufos9178 Před 2 lety +4

    This man (Robert) is so confident and dominant. I aspire to be like this

  • @dandydonslife9869
    @dandydonslife9869 Před rokem +1

    Great show, so much to learn getting into rental market, like your ideas and think how I would love it.

  • @terfastarik9698
    @terfastarik9698 Před 2 lety +110

    "Once in your life, try something. Work hard at
    something. Try to change. Nothing bad can happen"
    Jack Ma

    • @terfastarik9698
      @terfastarik9698 Před 2 lety +2

      Building wealth involves developing good habits like
      regularly putting money away in intervals for solid
      investments. The stock market has plenty of
      opportunities to earn which I myself took advantage of.
      I made my first million from going diverse, mainly
      ETFs(stocks, bonds etc), bitcoin, and gold. Investing in any of these should be in everyones mind.

    • @lewismegan9663
      @lewismegan9663 Před 2 lety

      @@terfastarik9698 yeah, With the current problem around the world today I think it's best everyone invest more in digital asset than
      Saving in banks and real estate. Just my thoughts

    • @velentevictor9435
      @velentevictor9435 Před 2 lety

      @@lewismegan9663 True, imagine what will happen to the banks and
      houses in Ukraine due to the bomb blast from Russia, It's better to keep money digital no one knows
      tomorrow

    • @estherramirez4116
      @estherramirez4116 Před 2 lety

      @@velentevictor9435 Speaking of digital assets do you mean bitcoin?!

    • @estherramirez4116
      @estherramirez4116 Před 2 lety +1

      I don't think investing in bitcoin now
      is a good idea, i'm currently running on huge loss the
      market is crashing

  • @michaelecles4244
    @michaelecles4244 Před 2 lety +5

    Thank you for reminding us listeners to do your home work

  • @notpoliticallycorrect
    @notpoliticallycorrect Před 2 lety +3

    Excellent channel!
    Great education channel.

  • @onapig6449
    @onapig6449 Před 8 měsíci +1

    Thank you for making this. May God bless you in all endeavours for both you and your children.

  • @zachinvest
    @zachinvest Před rokem +1

    I like how clear cut Robert is about this.

  • @abdulasadi3644
    @abdulasadi3644 Před 2 lety +6

    Please more and more videos about real estate especially for beginners

  • @comptonsmarkets
    @comptonsmarkets Před 2 lety +17

    Love this episode! Thanks Robert and Grant for Collaborating on a great episode..one to remember!

  • @polarroller
    @polarroller Před 2 lety +38

    Our family owns and operates a 160 room resort in Alaska. We are open during the summer tourist season only, closed during the winter. We developed raw, remote wilderness land. It took us 55 years to develop it a few new cabins a year. Slow steady growth and a strong work ethic and a sacrifice of free time are a must. I agree, management is the hard and stressful part.

  • @harlanmichael7088
    @harlanmichael7088 Před 2 lety

    Thanks for the information. Great conversation!

  • @mtrg4577
    @mtrg4577 Před 2 lety +12

    Who decided to end the interview early? Grant because he was accused of cash grabbing and it pissed him off, or Robert because he was pissed because he thought Grant was looking for cash?

  • @osbornesophia5413
    @osbornesophia5413 Před rokem +72

    *To achieve greatness, you need to start working towards it.* Investing remains the smartest way to prepare for the unexpected. Been into this for 6yrs and I’m extremely pleased with the returns. The good news is - *it's not too late to start.*

    • @hernandeztorres7137
      @hernandeztorres7137 Před rokem

      That's awesome!!!! I tried to invest, put a few dollars in stocks and bought some cryptos but haven't made any profit yet. I will appreciate if you can share your ideas on how to get positive performance on my investment.

    • @osbornesophia5413
      @osbornesophia5413 Před rokem

      @@hernandeztorres7137 Understanding your financial needs and making effective decisions is very essential. If I could advise you, you should seek the help of a financial advisor. For the record, working with one has been the best for my finances.

    • @hernandeztorres7137
      @hernandeztorres7137 Před rokem

      @@osbornesophia5413 Thanks so much, I appreciate your help. If you don't mind, how can I get in touch with your consultant?

    • @osbornesophia5413
      @osbornesophia5413 Před rokem

      @@hernandeztorres7137 I work with a CFP *(Donald Nathan Scott).* Quickly do an internet research with his full names as mentioned where you can easily get in touch and as well write him.

    • @michaelfrancesco7762
      @michaelfrancesco7762 Před rokem

      @@osbornesophia5413 I'm delighted to engage in this opportunity, I just found the professional's web page and have already written him

  • @rorronoazorro6107
    @rorronoazorro6107 Před 2 lety +5

    Robert is the man !!!
    We love you sir !

  • @09Germ
    @09Germ Před 2 lety +3

    Nice show with Grant Cardone it’s always good to see different views and that’s how you learn and and choose what’s best for you. Would definitely love to see an interview with Kris Krohn.

  • @havinganap
    @havinganap Před 2 lety +179

    Great Interview by Robert and Kim here. I can't really get over the ego and narcissism of Cardone, but you guys did a great job in extracting some good learning points here.

    • @jillcorsiglia5796
      @jillcorsiglia5796 Před 2 lety +6

      I was happy to find this interview because I have followed both of these gurus for years and appreciate both of them and what they share for free to us all on how they got started and what they learned and different opportunities I don't think either one is better or worse just different and I appreciate both of them taking their time to give us free education now it's up to us to make smart choices no matter which way we invest

    • @mistyespinosa1231
      @mistyespinosa1231 Před 2 lety +13

      I agree. Cardone never really directly answered the questions.

    • @porcelainbear3
      @porcelainbear3 Před 2 lety +16

      It's interesting how some perceive it that way. I've never thought of Grant as narcissistic or egotistical. I see him as blunt and intense but in a good way to me.

    • @scottcoleman5088
      @scottcoleman5088 Před 2 lety +1

      @@mistyespinosa1231 if you asked Mozart to play Love Me Do would you be pissed if he played eruption by Van Halen

    • @mistyespinosa1231
      @mistyespinosa1231 Před 2 lety

      @@scottcoleman5088 why are you talking to me? Do I know you?

  • @3nealweber3
    @3nealweber3 Před 2 lety +13

    Grant: “ we are mostly in blue states, like Austin” lol

    • @raquelg.4850
      @raquelg.4850 Před rokem +2

      Texas is a red state, but Austin is a blue city. Probably what he meant.

  • @emilyfranklin8190
    @emilyfranklin8190 Před 2 lety +94

    The market is driven by; Narratives and emotions in the short run, Fundamentals and truth in the long run. Use this to your advantage.

    • @instinctively_awesome8283
      @instinctively_awesome8283 Před 2 lety +3

      Good to remind people of this right now. you buy on fear and sell on greed or just hold through it all for the long term. It’s easy but many forget

    • @wiebeplatt4749
      @wiebeplatt4749 Před 2 lety +1

      @@instinctively_awesome8283 After my first million I realized that when a stock starts booming chances of you finding out means you are quite late to the party, for this I make sure my CFA handles that, it's like turning your notifications to earn more millions. I Reserve much gratitude for *Mary Brigid Mullin* my humble advisor.

    • @Alejandracamacho357
      @Alejandracamacho357 Před 2 lety

      @@wiebeplatt4749 this name have been flying everywhere. please how can she possibly be reached ?

    • @wiebeplatt4749
      @wiebeplatt4749 Před 2 lety

      @@Alejandracamacho357 can't drop her contact here without her consent. just look her up on the web

  • @mamabear71234
    @mamabear71234 Před rokem +26

    I like how Robert is focused on helping people who are starting at the bottom. Robert is a realist.

  • @wallacesouza2678
    @wallacesouza2678 Před rokem +18

    Successful people don't become that way
    overnight. What most people see at a glance
    wealth, a great career, purpose is the result
    of hard work and hustle over time. I pray that
    anyone who reads this will be successful in
    life.

    • @kathyrobert3172
      @kathyrobert3172 Před rokem

      Cypto is risky as many would say but I
      think the actual risk in it the fear of not
      Investing

    • @rebeccalittle1921
      @rebeccalittle1921 Před rokem

      Cypto is lucrative, people are just
      confused because of it's volatility

    • @douglasalexander2283
      @douglasalexander2283 Před rokem

      Beyer Without risk you
      can't be successful in life. Most
      millionaires you see today took risk to
      become who they are today

    • @bitboyCrypto7
      @bitboyCrypto7 Před rokem

      You don't have to be
      Scared if you plan on a long term
      holding but if you're hoping to make
      passive income with the c

    • @carolineknudsen5306
      @carolineknudsen5306 Před rokem

      @@bitboyCrypto7 I hope to make passive
      income maybe weekly or monthly...
      Can you suggest a genuine trader

  • @freethemarkets
    @freethemarkets Před 2 lety +370

    I admire how Kiyosaki protected his audience from advice he wouldn't recommend

    • @danr9584
      @danr9584 Před 2 lety +37

      Grant is basically saying to invest with him as opposed to by yourself.

    • @bryan0710
      @bryan0710 Před 2 lety +15

      because kiyosaki does not think bigger like grant

    • @raddadization
      @raddadization Před 2 lety +2

      @@danr9584 exactly. Loved how they both teed that up

    • @_HiddenTalks
      @_HiddenTalks Před 2 lety

      Right!

    • @adamsowa5927
      @adamsowa5927 Před 2 lety +5

      Yea Grant is pushing his products. After all he is a salesman

  • @delleh9972
    @delleh9972 Před 2 lety

    The ABCs book he recommends focuses on larger unit properties, was hoping for something that focuses more on what they were discussing.

  • @dinaaa8164
    @dinaaa8164 Před rokem

    Thank so much for the info Robert , very interesting information lots to learn!

  • @blakecomfort8733
    @blakecomfort8733 Před 2 lety +25

    Man that was an interesting interview. Grant I believe you have outgrown our Teacher my friend… I’m with you on getting into bigger deals as they have economies of scale. They are harder to mess up because of that scale. One tenant leaves in a 30 unit and it’s less than 5% of the income. Interesting to see the two of you talk!

    • @power2reach818
      @power2reach818 Před 2 lety +3

      Right. I think he exposed Kim and Robert. Robert says he own 10, 000 property but I think is just and investor because Kim was more knowledgeable and ask more inquisitive questions.

  • @pleaseenteraname.2766
    @pleaseenteraname.2766 Před 2 lety +7

    I would like to start with 50 units.
    I agree w mr Cardone

    • @patton9696
      @patton9696 Před 2 lety +2

      I started out with sfh that are good cash flows 2 years ago. Now we are much smarter about this game and are starting to transition to multi-family units.

    • @pleaseenteraname.2766
      @pleaseenteraname.2766 Před 2 lety

      @@patton9696 👌

    • @andersonandrew112
      @andersonandrew112 Před 2 lety +3

      I'm guessing you have 0 units right now. Well I have 4, soon to be 8, and the mistakes I made on this value-add 4 unit would have made me go bankrupt if I made the same mistake on a 50. Telling people who aren't educated to buy a 50 to start with is just insane.

    • @pleaseenteraname.2766
      @pleaseenteraname.2766 Před 2 lety

      @@andersonandrew112 Mr Kiyosaky is a revolutionary man. Like other like him they want to help others.
      Ill start w 4. Thx.

  • @dropitaly
    @dropitaly Před 2 lety +1

    17.18 we don't sell anything... that's so funny! For some reason, I feel Cardone wanted to Argue with Robert (and vice versa) but that's the way you learn new things. Great stuff!

  • @Rejected.Rooster
    @Rejected.Rooster Před 2 lety +2

    Both great people with different philosophies and strategies

  • @LeviHeatonIII
    @LeviHeatonIII Před 2 lety +53

    I’m glad Grant didn’t back down from his position. I thought it really added something to the show with them having two differing philosophies. That was great! Thanks Robert.

  • @JasonAKMitchell86
    @JasonAKMitchell86 Před 2 lety +9

    I’m loving the two similar yet opposing real estate investing philosophies. It adds something to the show. This is very much how Robert says 3 sides of a coin…even though Robert and Grant are saying very similar things. It’s just how they say ppl should start.

    • @GYX2021
      @GYX2021 Před 2 lety

      Well said 👍🏻

    • @RajeshRodrigues21
      @RajeshRodrigues21 Před 2 lety

      👆👆👆When I was a new member I really lost all my investment because I was new and didn't meet the right account manager to invest with.i was at the average of quitting till i was introduced to him and my story changed

    • @taurusscott3120
      @taurusscott3120 Před rokem

      Investing in gold invest with ivy has helped me alot it doesn’t depreciates very profitable ,zero risks and zero deposits all you need is guidelines you can contact her for more details

  • @MacherlaPrabhakar
    @MacherlaPrabhakar Před 2 lety +1

    Great information to invest in real estate, gives more confidence,

  • @andresvera5427
    @andresvera5427 Před rokem

    Very good information. Makes think and wonder . Real estate? I’m young. I do not know anything about real estate but it makes me want to jump on it in the future

  • @stacywilson2199
    @stacywilson2199 Před 2 lety +79

    I’ve never been a Grant Cardone fan. Clearly I’m not alone. 😂😂😂 Thank you to Robert and Kim for standing their ground.

  • @goodasdead7164
    @goodasdead7164 Před 2 lety +1

    Great interview!

  • @thehiergaming
    @thehiergaming Před rokem

    Robert’s insights are spot on. Around the 27 min mark Robert talks about how interest rates were so low at the time this video was produced, and it caused so many people to get into real estate. But then he says that is forcing prices upward and is causing a bubble, and that if interest rates are raised that bubble will burst. It seems his predictions are correct because that is exactly what we are seeing now 8 months later. The feds have been raising interest rates for the past several weeks/months, and now we’re finally seeing that shift in prices, and it’s only getting started and will continue until prices normalize. He isn’t a wizard, he’s just well educated. As I’ve gotten more educated I’ve seen his wisdom prove true, which is exactly why I trust his advice and have been listening to his audiobooks. Keep up the good work my guy, and thanks for all that you do in helping people become financially literate👌 💯💪👍👏

  • @XAmericanRenegadeX
    @XAmericanRenegadeX Před 2 lety +47

    I understand the difference in philosophies. I think both have merit and work well for the individual who chooses either investment style. I like Mr. Cardone a lot actually, he certainly knows his business. They asked him several questions about numbers and he was able to give them the answer right off the top of his head and with confidence. Great episode I really enjoyed it.

  • @wally993
    @wally993 Před 2 lety +25

    This was a conversation I wanted to see Happen! Thank you Mr and Mrs. Kiyosaki and Mr. Cardone

    • @ajworkshop7689
      @ajworkshop7689 Před 2 lety

      Yes

    • @taurusscott3120
      @taurusscott3120 Před rokem

      Investing in gold invest with ivy has helped me alot it doesn’t depreciates very profitable ,zero risks and zero deposits all you need is guidelines you can contact her for more details

    • @pharoah1200
      @pharoah1200 Před rokem

      It's more conversation and less information.

  • @D52M5
    @D52M5 Před rokem +4

    Kim & Robert: start shifting into TODAY’s reality of lending and market environment for those wanting to start their RE journey and let the 1980’s lending and RE market environment go!! You got lucky in the right place right time and right lending environment. Grant is up to speed while you ask such basic questions that appear are geared to your own self interest, not a beginner trying to do what you guys did. Kim bought a house in Portland for 45K in the 80’s….news flash: the RE market/prices have grown exponentially higher than incomes so it’s NOT THE SAME ENVIRONMENT TODAY!! WAKE UP YOU TWO AND ADAPT OR just fade away as it looks like what is happening….

  • @beckygail9454
    @beckygail9454 Před rokem +2

    This was a great video on different perspectives and how u can succeed with different ideas and methods.I have to say though as an investor I have single family incomes but am ready to bump it up to multi units soon.

  • @buddypoole2188
    @buddypoole2188 Před 2 lety +50

    Knowledge and research are crucial parts of investing, from my research the most profitable
    investment one can venture into is crypto.

    • @clintonwilliams4966
      @clintonwilliams4966 Před 2 lety

      Because of the economic crisis and the rate of
      unemployment
      now is the best time to invest
      in crypto and make money. But you have to
      invest the right way. Anyone here that
      Know more about crypto currency let's talk
      more
      about it

    • @rogermyatt6300
      @rogermyatt6300 Před 2 lety +1

      I'm looking to invest $15,000, what stock to
      buy?

    • @kateleath4175
      @kateleath4175 Před 2 lety

      I've heard a lot about Evelyn
      Carrera, how does she make such profits

    • @rosiearnold7494
      @rosiearnold7494 Před 2 lety

      She does that through futures and margin trades, I couldn't believe until she raised my account from $12000 to 24k in a week from few trades

    • @germanblackwell5976
      @germanblackwell5976 Před 2 lety

      I've heard a lot about Evelyn, how I'm I to reach her

  • @rosariosway
    @rosariosway Před rokem +1

    Thank you for these videos . They are so helpful. I never miss a single one of them!

  • @dahj5954
    @dahj5954 Před rokem +2

    This video proves that there’s more than one way to attain wealth….. even in the same sector.

  • @babakgholian3467
    @babakgholian3467 Před 2 lety +9

    Thanks for the video , and thank you Grant for making it possible for people normal people to invest with you .

    • @chrislineberger9462
      @chrislineberger9462 Před 2 lety

      Normal , average, mediocrity 👎🏽

    • @vitech1013
      @vitech1013 Před 2 lety

      Grant Cardone can teach also a lot of skills, it's not so easy to start as a broken teenager to become a billionaire. He must be doing something right.

  • @brandonalfred2630
    @brandonalfred2630 Před 2 lety +5

    Rich Dad Poor Dad changed my life and now from zero to six figures all you can be LLC much love to Robert and Kim the Capital game that Robert teachers is I learned a little taste from Cardone

    • @RajeshRodrigues21
      @RajeshRodrigues21 Před 2 lety

      👆👆Knowing that my investment is in safe hands got me excited. He made that possible with his excellent trading technique, beginning this great journey I invested $12,000 capital and in a few days I got a return of $34,000 His confidence, reliability and diligence is undeniable.

  • @mle543
    @mle543 Před 2 lety +56

    Very good show. I am so glad that you had Cardone on the show. It is good to hear another side about investing into real estate. Both sides gave very valuable information. This channel is giving more confidence to invest in real estate. I see Kim started small and I feel like I can start small too. She is so humble and inspirational.

  • @GRBconroe
    @GRBconroe Před 2 lety +2

    Robert is a true all American.

  • @The_Unintelligent_Speculator

    This is why I love RDPD. They spit the truth when others try sell you the quick fix.

  • @wealthytv8265
    @wealthytv8265 Před 2 lety +668

    Much respect to Robert for staying consistent with his advice & being realistic with his audience

    • @3inchMorningwood
      @3inchMorningwood Před 2 lety +16

      You mean Robert advising people to buy silver and the stock market will crash? Ya hes been wrong for many years lol

    • @baddoni12
      @baddoni12 Před 2 lety +12

      @@3inchMorningwood until the year comes when he is right…

    • @3inchMorningwood
      @3inchMorningwood Před 2 lety +2

      @@baddoni12 the guy is a scam. Robert has caused people to lose more money than anything lmao

    • @jessyramirez3828
      @jessyramirez3828 Před 2 lety +6

      @@3inchMorningwood prove it?

    • @repurposeyou
      @repurposeyou Před 2 lety +2

      @@baddoni12 100%