Robert Kyosaki said that he has made more money in the last three years than any time in his entire life.
What’s the most important thing he is buying right now?
Apartment complexes ranging from 300 units to 800 units. He says these complexes are the “hottest market in all of Asia right now”.
He sees potential in gold, silver and oil as well as natural gas.
He’s putting the majority of his focus, time and money into large apartment buildings because, as he states, “everybody has to have a place for living”.
He also said that “America is on Sale Right Now”.
All this doom and gloom is making people shake their heads. People are being forced to take bad decisions and sell their assets at fire sale prices as the fear spreads rapidly.
Roberts further states that it all comes down to your financial education as to which side you will fall once you are free from economic troubles.
These “blood on the streets” times can be yours by becoming a buyer of these amazing deals.
Apartments are great places to be because people need somewhere to live.
Single-family homes are also available at great prices that you can convert into rental income properties. Make sure you do your homework and verify that the deal is financially sound.
The basic rule of thumb is positive cash flow.
You may be able to get a deal if the rent you receive is greater than the monthly cost of the property.
Robert states that capital gains investors are “finished.” They were destroyed. They got sunk.
You only need to decide if positive cash flow is worthwhile.
It’s possible that you are at a place in your life when $100 per month of positive cash flow is worthwhile. It might take 200 per month of positive cash flow for it to be worthwhile.
Regardless of your preference, there are deals out there so get going.