Rich Dad Poor Dad by Robert Kiyosaki

By Elwood Misch

Have you heard about the book "Rich Dad Poor Dad"? If you're into real estate investing, you sure did. If you're into a course of getting out of the rat race, you definitely did hear about it too. And of course, you probably know it's author, who's been showing people the ways to getting rich for perhaps 20 years now. No other than, Robert Kiyosaki, a very well-known financing and real estate investing guru.

Many people are wondering what exactly can Rich Dad Poor Dad show them to be successful. Robert Kiyosaki encourage people to think outside the traditional box. Make money but not make money the old way. What exactly does he mean by that? According to him, having no college degree is not a bad thing if you really want to be successful in life.

Rich Dad Poor Dad talks about the true, old tried and tested principles of real estate investing. Robert Kiyosaki's advice is mostly about smart financing. Which is very timely nowadays that many homes are in foreclosure. According to Robert Kiyosaki, real estate investing is a way to have your brain power and create real wealth.

Robert Kiyosaki is well known for teaching people the principles in real estate investing, like finding the right properties, getting creative financing and really focusing on financial literacy as well as academic literacy. Only in this way can you really understand what you are buying, when to sell and when to hold.

There have been many people who have written about how to be successful, in real estate investing, in stocks, and in life in general. Rich Dad Poor Dad is not the first, nor will he be the last. But, Robert Kiyosaki has also had some amount of controversy around his successes.

There have been some investigations into whether Rich Dad Poor Dad example stories are really true. There have been questions regarding whether the people he speaks about in his book really do or did exist. In fact, some suggests that the Rich Dad was really made up in order to make the book more believable.

Robert Kiyosaki was sued his the co-author of the book Rich Dad Poor Dad. The reason? I and Robert Kiyosaki himself do not know. One thing for sure though, anybody who gets sued, is sued for something dastardly and frivolous lawsuits can backfire on you.

Regardless of all the controversies, Robert Kiyosaki does give some sound advice about financing and real estate investing through the book Rich Dad Poor Dad. However, it's important to note that his teachings aren't new, and you can always seek some advice from other real estate investing gurus. Whether the controversies are true or not, it is still your call if you want to follow or not follow Robert Kiyosaki. - 23222

About the Author:

Elwood Misch is a well-known professional who knows the importance of superior client service and dedication to do smart business. Rich Dad Poor Dad has been his guide in real estate investing.