Rich Dad's Success Stories: Real Life Success Stories from Real Life People Who Followed the Rich...

Rich Dad's Success Stories: Real Life Success Stories from Real Life People Who Followed the Rich Dad Lessons | Robert T. Kiyosaki, Sharon L. Lechter | This book offers great lessons!

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Rich Dad's Success...

	Rich Dad's Success Stories: Real Life Success Stories from Real Life People Who Followed the Rich Dad Lessons Robert T. Kiyosaki, Sharon L. Lechter Business Plus, 2003 - 288 pages average customer review:based on 37 reviews view larger image
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highly recommended

This extraordinary collection of over two dozen business success stories reveals firsthand how personal financial freedom can be generated by applying the principles from the #1 New York Times bestseller Rich Dad Poor Dad.Thousands of readers have gone on to greater wealth by applying the Rich Dad philosophy since the series debuted in 1997. Now, over two dozen people from diverse economic backgrounds reveal the successful strategies they used to get out of the "rat race," including couples in their twenties, people who've lost their jobs, retirees, and budding entrepreneurs. Some were living paycheck-to-paycheck before starting to buy small rental properties; others climbed out of bankruptcy by slowly investing in small, local businesses; and a 13-year-old bought his first rental property after playing the Rich Dad board game, Cashflow 101. Now they share their stories to help others achieve their financial success.

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To those giving negative commments about the Kiyosaki's Book..

I've read some of the negative comments coming from those who purchased the Rich Dad books or audio cd's. I think many of them come from no real basis at all. To the one person who commented that it is hard to find a bank that will give you 95% LTV; many if not most banks are in fact doing that. I Got one from GMAC for a property I purchased last year. In fact I purchased several with 100% financing in the last couple years; so they are out there my friend if you look for them. For starters get into a good R.E investment club, and if they are worth they're weight they will point you in the right direction. They aren't expensive, at about 250 to 500/yr average (Don't fall for the scams that will take you for thousands of dollars..), and they generally do a good job of getting you real information you need to take the next step.

For the person who blasted the RD Success Stories, but then went on to say that after reading R.D.P.D he bought 110 properties; well, I guess Kiyosaki's book did help after all now didn't it....

Guys bottom line, Take the books or audio cds for what they are worth, for inspiration and motivation, but your going to have to really get out there and put the work into it which means becoming more "financially literate.." which will help ensure your financial R.E goals. R.D. is just the start. Follow up on other educational material that gives you more nuts and bolts of investing. And of course, I cannot stress this enough, if you not involved in a "GOOD" R.E. Investment Club, then get up and find one in your area and start going regularly. Thats your next starting point on your way to making good R.E. Investments...

Sorry for being longwinded but sometimes it takes detailed words to get the message across.

Good luck, God Bless

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This book offers great lessons!

I've heard about a bunch of RICH DAD books by Robert T. Kiyosaki, but to date, had never read any of them . . . so when I saw the cassette version of RICH DAD'S SUCCESS
STORIES by Kiyosaki with Sharon L. Lechter, I started listening to it with some degree of interest.

Billed as "real life success stories from real life people who followed the rich dad lessons," I enjoyed hearing how a diverse range of folks took the lessons they learned and made
money from them . . . one key seems to be that if you made up your mind what to do, carry it out right away (just don't sit on it and do nothing).

It got me thinking that if you can replace salary with passive income, that's certainly one thing to consider--seriously . . . for example, borrow money to buy assets . . . in other words, take out a mortgage on a house you want to rent out and have somebody else, the renter, buy it back.

Another idea I loved: Take advice from rich people, not salespeople!

There were many other noteworthy tidbits; among them:
To keep watch on your investments, make sure you tour your properties every 3-4 months. Meet with the property managers. See what needs to be done, walk through all vacancies, review work that has to be done, and any other concerns involving the building.

Use a team of advisers to provide you with the information you need to make decisions and to act upon them.

Success equals 1 part knowledge or lessons learned, 1 part information or lessons learned by others and shared, and risk.

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Excellent Book, Nice detailed examples and stories

I enjoyed this book. It is very motivating for me. The stories are very interesting and full of useful ideas. I especially liked the detailed breakdown of the real estate investments to show the actual costs and profit made.

Rich Dad Poor Dad in real life

This book did a great job giving me actual examples from everyday people on how they started changing from an employee to an investor. It tells how people took the leap and started created cash flow in theie life from a different source than a job, whether it was a rental property, laundry mat or car wash, it was great to see what was possible. I highly recommend reading the entire Rich Dad series if you are interested in thinking like the rich.The education I have received is priceless.

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Real Life Examples of Rich Dad, Poor Dad

Good for motivation. This book is a nice departure from the regular Rich Dad series in that it focuses on some actual people and their stories instead of just trying to sell theory. Many of the stories were realistic and mirrored what you would expect when getting into real estate, etc. These people were not making tens of thousands of dollars every month like the Real Estate gurus would lead you to believe but were making a few bucks and positioning themselves for long term growth. It is also nice to read the background of the different stories and see what motivated them to take the plunge.

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reviews: page 1, 2, 3, 4, 5, 6, 7, 8

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