A recent Wall Street Journal article advises retirees to consider becoming a landlord could provide a monthly cash flow
Robert Kiosaki says in his new book "he follows the jobs because money follows jobs" that’s where people end up and therefore where the money ends up. People need a place to live near where they work. No jobs.. People eventually move - to location with jobs. Look at Michigan - now a ghost town - was boom town during Americas manufacturing. Now almost dead. Money follows jobs. You need to invest where the jobs are ,Using these strategies you can become a more profitable and efficient
landlord. Real estate investing can become more enjoyable and
predictable when you receive automatic rent payments by automatically
having rent deducted from tenants bank accounts and deposited in yours.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
Robert Kiyosaki - Robert T. Kiyosaki, best-selling author of the "Rich Dad" series, and former Marine gunship pilot during the Vietnam War, is an investor, entrepreneur, educator and New York Times best-selling author. His financial education book series Rich Dad Poor Dad has been translated to over 100 languages and sold more than 26 million copies world wide. He also created the educational board game Cashflow 101 to teach individuals the financial and investment strategies that his rich dad spent years teaching him. Robert Kiyosaki's perspectives on money and investing are different from traditional teaching. The old beliefs of getting a good job, working hard, saving money, getting out of debt, and investing for the long term are obsolete in today's world. Robert Kiyosaki's teachings focus on generating passive income through investment opportunities, such as real estate and businesses, with the ultimate goal of being able to support oneself by such investments alone. Some of Robert Kiyosaki's bestselling books: