Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business cover image

The Truth About Real Estate: Opportunities and Challenges

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

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The Importance of Alchemy

It happens at the end of a real estate cycle where people are struggling to try to just fill units, they actually cannibalize other units with appliances and thermostats. When you can do that, that's called alchemy. And what Kenny does is magic. I can vouch from the reason I stopped buying real estate was I'd rather give my money to Kenny. Let's say I gave him a million dollars, a couple of years later I get the million dollars back, tax free. If you can understand those thoughts, you'll understand why I'm very excited about real estate crash.

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