12/28/2022 0 Comments Cashflow rich dad poor dad![]() ![]() One by one, I kept buying more properties.Īfter just six years, I owned 19 rental properties that made me $9,500 a month in gross rents! I would say that my venture into the I side of the cashflow quadrant has been a success.ĪND the passive income is only one out of 6 ways rental properties makes me money. It makes me $550 a month in passive income and will continue to do so until I sell the place many years down the road. I bought my first rental property in 2007 and still own it to this day. ![]() My Venture Into the Investor Section of the Cashflow Quadrant SummaryĪt the same time I started my business, I decided to invest in rental properties. When the economy took a downturn in 2009, my business also declined and made it very hard to profit from it.Īfter a few more years I decided to sell the business to someone who was going to be an owner operator which is what the business needed. The economy was booming, things were great and cash was coming in. I started the business in 2007 and jumped all in. The value that I brought to the business reflected how well the business did. My first attempt at the right side of the quadrant was starting a retail business.įor a couple years it was doing well, I had a manager, employees, and I just managed the entire business while they did all the work.īeing the boss. Watch my entire Rich Dad Cashflow Quadrant Summary Book Review here: Starting In the Business Section of the Cashflow Quadrant Summary I personally knew that if I wanted to become wealthy, moving to the B, I, side of the cashflow quarant was the way to do it. Not just get to that side, but get there as fast as possible. The biggest take away that I had from this book was that I needed to move from the left side of the quadrant to the right side of the quadrant. The Main Takeaway from Cashflow Quadrant Summary Join the Real Estate Wealth Builders Membership Today!.Conclusion: Everyone Must Choose What They Will Be….The Main Takeaway from Cashflow Quadrant Summary. ![]()
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