Posts Tagged ‘Kiyosaki’
There is one interesting business advice that is taught by Robert T. Kiyosaki, author of “Rich Dad, Poor Dad”, who became Best Seller. Tips that reads, “After we successfully build a business then do not forget to buy the property. In addition we have an income from the business that we run, we also benefited from the gain will increase the value of the property “. I think, right Kiyosaki. Advice was actually the key word is the cause, why the rich get richer. Because rich people are always smarter to buy the property that each time will continue to multiply in value, that’s what makes it richer.
However, long before reading the book, as an entrepreneur I’ve been practicing it since the first. Therefore, there is additional advice I can give to you in buying the property from the profits that you build a successful business. Business proposition reads, “If you intend to buy property, not according to the capability of available funds. Even better buy a property with bank debt. Therefore, the less money you spend to buy the property, the greater your advantage “.
Clearly, if we had a fund of Rp 400 million do not buy a property fund worth fitting that we have. Did not buy a property does not have cash. Can the credit. So should you solve it RP 400 million for four properties, each instance you simply purchase a down payment of Rp 100 million, the remaining USD 300 million from the bank. Well, if you only buy one property valued at USD 400 million, then five years later you will only receive its profits doubled the price of one property only. But if four properties, five years later of your property which was originally 400 million has doubled to Rp 2 billion. So the four properties to be 8 billion.
Perhaps you ask, why buy a property with debts of more profitable? It helps us see the business advice from Dolf De Roos, consultant Robert T. Rich dad Kiyosaki in his book, “Real Estate Riches” Dolf wrote, “I do not buy a property to buy land, Karenina unproductive. I do not buy property for the building because it needed maintenance. And, I do not buy a rental property because it needed management. The strongest reason I bought the property is to get the debt. The reason is simple, “The amount of debt is always the same, but the asset values ??continue to soar”.
With business picking advice, my advice, we should not be afraid owed to the bank to buy the property. Change your mindset, that debt would be inviting trouble for you. It is to learn to foster confidence in the debt so-so start with a small value. But, once you succeed you are not seeking debt to the bank, but banks that would seek to take your debt.
Nothing wrong with that necessarily arise among entrepreneur joked that, “if you dare debt of Rp 50 million, you are have a problem. But if you dare to Rp 50 billion debt. Bank which will have a problem. Believe me, the more often we dare debt, banks will increasingly come to believe in our business. “You dare to try?