Rich Dad Poor Dad is a starting point for anyone looking to gain control of their financial future


There are five reasons for using examples



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Rich Dad Poor Dad - Robert T Kiyosaki

There are five reasons for using examples:
1. 
To inspire people to learn more.
2. 
To let people know it is easy if the foundation is strong.
3. 
To show that anyone can achieve great wealth.
4. 
To show that there are millions of ways to achieve your goals.
5. 
To show that it’s not rocket science.
In 1989, I used to jog through a lovely neighborhood in Portland
Oregon. It was a suburb that had little gingerbread houses. They
were small and cute. I almost expected to see Little Red Riding Hood
skipping down the sidewalk on her way to Granny’s.
There were “For Sale” signs everywhere. The timber market was
terrible, the stock market had just crashed, and the economy was
depressed. On one street, I noticed a for-sale sign that was up longer 
than most. It looked old. Jogging past it one day, I ran into the owner
who looked troubled.
“What are you asking for your house?” I asked.
The owner turned and smiled weakly. “Make me an offer,” he said. 
“It’s been for sale for over a year. Nobody even comes by anymore to 
look at it.”
“I’ll look,” I said, and I bought the house a half hour later for 
$20,000 less than his asking price.
It was a cute little two-bedroom home, with gingerbread trim on 
all the windows. It was light blue with gray accents and had been built 
in 1930. Inside there was a beautiful rock fireplace, as well as two tiny 
bedrooms. It was a perfect rental house.
I gave the owner $5,000 down for a $45,000 house that was really 
worth $65,000, except that no one wanted to buy it. The owner moved 
out in a week, happy to be free, and my first tenant moved in, a local 
college professor. After the mortgage, expenses, and management fees


Rich Dad Poor Dad
107
were paid, I put a little less than $40 in my pocket at the end of each 
month. Hardly exciting.
A year later, the depressed Oregon real estate market had begun to 
pick up. California investors, flush with money from their still booming 
real estate market, were moving north and buying up Oregon and 
Washington. I sold that little house for $95,000 to a young couple 
from California who thought it was a bargain. My capital gains of 
approximately $40,000 were placed into a 1031 tax-deferred exchange
and I went shopping for a place to put my money. In about a month, I 
found a 12-unit apartment house right next to the Intel plant in 

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