Build Business, Buy Property

There is one interesting business adage taught by Robert T. Kiyosaki, author of "Rich Dad, Poor Dad", which became Best Seller. Adage that reads, "After we successfully build a business so do not forget to buy the property. In addition we have income from a business that we run, we will also gain benefit from an increase in property values ". I think, Kiyosaki was right. Adage that truth is the key word is the cause, why the rich get richer. Because rich people are always smart to buy the property at all times will continue to multiply in value, that's what made him even richer.

However, long before reading the book, as an entrepreneur I have been practicing it since the first doctrine. Therefore, there is additional advice I can give to you in buying properties from the profits of your business success built. 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. Because the less money you spend to buy property, the greater your advantage ".

Clearly, if we had a fund of Rp 400 million do not buy a property worth fitting that we have funds. Do not buy a property does not have cash. Could the way credit. So should pecahkanlah your RP 400 million for 4 properties, such as each of you enough to 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 the benefit of his many times the price of one property only. But if the four properties, five years later one of your original property Rp400 million has doubled to $ 2 billion. 4 so that the property be 8 billion.


Goods time you ask, why buy a property with debts of more profitable? Be helpful to refer to 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, so that is not productive. I do not buy property for buildings that need maintenance. And, I do not buy a rental property for management needs. My strongest reason to buy property is to get the debt. The reason is simple, "Total debt is always the same, but asset values continue to soar".

By picking the business advice, I suggest we should not be afraid owed to the bank to buy the property. Change your mindset, that the debt would invite trouble for you. It is to learn to nurture confidence in the debt so-so start with a small value. But, once you succeed you are looking for is not in debt to the bank, but banks are instead going to find you to take the debt.

No one appeared and then joked that among entrepreneurs that, "if you dare debt USD 50 million, you are having problems. But if you dare to USD 50 billion in debt. Banks that will have a problem. Believe me, the more often we dare debt, the banks will be more trust in our business. "You dare to try?

Source : Purdi E Chandra