I purchased the program but was thinking to upgrade to coaching program. If I do I won’t get 30 day money back but the guarantee I will purchase first property in 6months.
I did get pre approval for fha loan. But I want to learn how to invest in real estate as a business. I want to know if this program will help me save money by not getting a loan to buy first property ?
Yeah I would definitely recommend studying and gaining experience for a couple years before diving in that deep. There are a ton of good articles on this site about "House Hacking" and my good friend @Ryan Thomson knows more than anyone I can think of in the space. It is the most sure fire way to create a stable base as you expand your journey.
Househacking is essentially renting out rooms to folks to offset your mortgage, this can also be done in Multifamly with other units in whatever you decide to buy. My wife and I are currently househacking a duplex and I'm not sure if we will ever be able to live in a single family again!
I would not out the gate pay for that. If you can go FHA focus on a house hack. While living in it for the first year or so learn. Coaching is 100% useful but often it's better as you already have your feet wet. There is so much "free" info out there where you can get a bearing and learn
Yeah I would definitely recommend studying and gaining experience for a couple years before diving in that deep. There are a ton of good articles on this site about "House Hacking" and my good friend @Ryan Thomson knows more than anyone I can think of in the space. It is the most sure fire way to create a stable base as you expand your journey.
Househacking is essentially renting out rooms to folks to offset your mortgage, this can also be done in Multifamly with other units in whatever you decide to buy. My wife and I are currently househacking a duplex and I'm not sure if we will ever be able to live in a single family again!
Thanks @Max Ferguson. Anna I am happy to set you up with me email resources on house hacking. It's Free. I don't have any experience with the coaching program at Robert Kiyosaki, but I did go to the the free hotel intro where they upsold a class for $500. My buddy and I split that and then we took the class online. It was a total waste of time and they tried to upsell again to the 5 figure year long class. Never made it that far as their was no real value in the first two phases. I'd be weary of joining, but do your research. There are certainly free ways to learn and get started. I would recommend house hacking as the easiest way to get started.
I can't give advice for your city as I am located in Colorado Springs, BUT
House Hacking is amazing. Here are some resources I found really helpful on my journey:
1. For podcasts I really like the House Hacking episodes on Bigger Pockets Podcast and other channels. Here is a playlist with the best House Hacking Podcasts I’ve found: https://open.spotify.com/playlist/4A6uLsPfdWEMmJhG4TSjyb?si=743bb403548f47fb
2. Great beginners guide: https://www.biggerpockets.com/blog/wp-content/uploads/2022/08/Ultimate_Beginners_Guide_BiggerPockets.pdf
3. The Book on House Hacking Strategies by Bigger Pockets is also a fantastic book
4. Happy to talk if you want more advice
5. Connect with a realtor who understands house hacking and has invested themselves
6. Connect with a lender to see what you qualify for and how you can improve that situation
7. Go to local Real Estate meetups and learn from people there