If I don’t have enough cash, can I borrow money from the bank to make the down payment for an investment property ?Ī. You may, however, take a loan from the bank. Stock is only available at the price indicated by an opportunity or market card when drawn by a player. If I land on the downsized square and I do not have enough cash on hand, can I sell my stock to the bank for the price at which it was purchased ? May I borrow the money from the bank ?Ī. It is as if you have a property manager who handles the property for you, collects the rents, pays the expenses including the related mortgage and then sends you the balance each month (assuming it is +). The mortgage payment is calculated in determining the ROI and the monthly cash flow. Real estate mortgages cannot be paid off on investment properties in CASHFLOW® 101.
Is this amount the net amount after the mortgage payment or do I have to calculate a mortgage loan payment ? Can I pay off a real estate mortgage on an investment property and then increase my passive income ?Ī. When I purchase real estate, there is a cash flow amount stated on the card (plus or minus).
However, the concepts that are presented in these materials can be applied to the game, as well as to real life, and may assist you in getting out of the rat race more quickly ! It is not necessary to watch the video or listen to the audio tapes before playing CASHFLOW® 101. Do I have to watch the video and listen to the audio tapes that come with CASHFLOW® 101 before I play the game ?Ī. By inviting your friends to join you in playing CASHFLOW®, your learning experience will be heightened by the interaction of your group. Better interaction occurs when 3 to 6 people are playing. CASHFLOW® was designed to be played by more than one player. How many people can play CASHFLOW ? Can I play on my own ?Ī.
We believe the Cashflow Game is the best way to share knowledge about money and investing and meet like minded people without being upsold on an expensive education programme.This page aims to collect and to show in a summarised version the FAQ/talks on forums plus some personal researches/works as far as the Cashflow 101 game (from Robert Kiyosaki) is concerned.įAQ address has changed since then and it is available here And thought to share some of our experience, the good, bad, ugly and profitable with other like minded people. We strongly believe you must practice what you teach. We’re Leon and Manjush and the leaders of Gauteng Cashflow Club and your local real estate investing firm Quick Buy Investments.