Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Media Network

Beat conventional advice on personal finance, investing, and business with the author of Rich Dad Poor Dad, Robert Kiyosaki. Get ahead with his pull-no-punches style of challenging the advice we’ve all been given on money, investing, and the economy....

  • 31 minutes 36 seconds
    The Real Estate Blueprint for Freedom
    In this episode of the Rich Dad Real Estate Show, host Jaren Sustar sits down with Brian Luebben, a successful entrepreneur, real estate investor, and coach who left corporate America to chase his dreams—and succeeded by age 30! Brian reveals how he escaped the "9 to 5," started his journey in real estate, and built a thriving life full of freedom and adventure.

    Listen in as Brian shares the ups and downs of real estate investing, busts the myths of passive income, and discusses the mindset shift required to achieve financial independence. From "house hacking" to achieving cash flow goals, and the real-life hurdles of managing properties, Brian’s journey is packed with lessons and actionable tips.

    00:00 Introduction 
    00:35 The Realities of Real Estate Investing
    03:15 The Turning Point: Planning the Escape
    04:22 Achieving Financial Freedom and Beyond
    12:55 The Money, Knowledge, Hustle Framework
    14:52 Financial Security in Uncertain Times
    17:11 The Triangle of Success: Money, Knowledge, and Hustle
    18:06 Scaling Up: From Hustle to Capital
    20:04 Understanding the Real Estate Deal Funnel
    22:58 The Journey to Financial Freedom
    24:56 Framework for Achieving Cashflow Goals
    31:11 The Importance of Networking and Delayed Gratification
    14 November 2024, 7:00 am
  • 33 minutes 37 seconds
    Financial Crisis Alert: Why Your 401k and IRA Might Not Save You!
    Robert Kiyosaki, host of The Rich Dad Radio Show, is joined by John MacGregor, author of 'The 10 Top Reasons Why Rich People Go Broke.' They discuss the severe financial challenges many people, particularly those relying on 401k and IRA plans, might face due to systemic flaws and lack of financial education. The episode emphasizes the importance of being proactive, educating oneself, and understanding how to manage personal finances independently instead of relying on traditional financial planners or quick-fix solutions. Kiyosaki and MacGregor stress the significance of the 'Cashflow' game and personalized strategies for financial stability.
     
    00:00 Introduction
    01:39 The Birth of 401k and Financial Planning
    03:55 The Problem with Financial Advice
    05:43 The Importance of Financial Education
    06:11 John McGregor's Financial Journey
    07:06 The Flaws in Traditional Financial Planning
    08:27 The Role of Behavioral Change in Financial Success
    19:53 Discussing Money Strategies with Friends
    20:31 The Simplicity of Trading Options
    21:54 The Importance of Financial Education
    22:48 Investing in What People Need 
    26:24 The Reality of Financial Advisors
    33:53 The Problem with Quick Fix Solutions

    -----
    Please read carefully.

    This is not financial advice.

    You may be asking, “what does that mean?”

    Let me explain…

    Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.

    YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose. 

    We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees. 

    Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.

    Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.
    13 November 2024, 7:00 am
  • 36 minutes 19 seconds
    Turn Fast Money into Lasting Wealth with Real Estate! - Jaren Sustar, Devon Kennard
    Join Jaren Sustar as he interviews nine-year NFL veteran Devon Kennard, who discusses his journey from professional football to successful real estate investing. Kennard shares insights on purchasing property using other people's money, understanding fast vs. slow money, and the importance of networking. He describes his transition from turnkey properties to value-add investments and private lending through his company, 42 Solutions. Learn strategies for success in real estate, handling adversity, and managing finances as an athlete.
    00:00 Introduction

    01:59 Devon's Football Journey and Real Estate Beginnings
    04:42 The Importance of Financial Planning for Athletes
    16:02 Devon's Real Estate Investment Strategies
    20:41 The Value of Simplicity in Investment
    21:04 Warren Buffett's Investment Strategy
    21:25 Value Add Real Estate Investing
    22:38 Commercial Real Estate and Triple Net Lease
    24:00 The Role of Capital in Real Estate
    24:30 Transitioning to Private Funding
    26:23 Starting with Gap Funding
    29:23 Keys to Being a Good Private Lender
    32:23 Final Thoughts and Resources
    7 November 2024, 7:00 am
  • 30 minutes 52 seconds
    Is AI the Next Big Threat to Our Financial System? James Rickards Explains
    In this riveting episode of the Rich Dad Radio Show, host Robert Kiyosaki welcomes renowned author and financial expert James Rickards to discuss his latest book, 'MoneyGPT'. The conversation delves into the crucial intersection of AI technology, financial markets, and banking systems. Rickards explains how AI can both revolutionize and destabilize our economic landscape, potentially leading to financial crises. The episode also touches on historical near-misses of nuclear conflicts and the role of AI in national security. Essential listening for those looking to stay ahead of the next big financial disruption.

    00:00 Introduction
    00:34 Introducing James Rickards and Money GPT
    04:15 The Dangers and Potential of AI
    06:07 AI and Human Instincts in Financial Markets
    09:15 The Role of AI in Market Crashes
    13:28 The Importance of Understanding AI in Finance
    14:07 Silicon Valley Bank and the Banking System
    22:07 National Security and AI
    25:59 Bias, Censorship, and AI
    29:22 Conclusion and Call to Action

    -----
    Please read carefully.

    This is not financial advice.

    You may be asking, “what does that mean?”

    Let me explain…

    Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.

    YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose. 

    We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees. 

    Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.

    Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.
    6 November 2024, 7:00 am
  • 33 minutes 22 seconds
    $400 Million Real Estate Success Story
    Join host Jaren Sustar as he sits down with AJ Osborne, a renowned entrepreneur and the 'king of self-storage.' AJ shares his impactful life story, detailing the sudden paralysis that changed his life and how real estate investing, specifically self-storage, became his path to recovery and financial stability. Discover AJ's strategy for building a $400 million portfolio through self-storage, and learn how his personal journey has led him to help others achieve financial freedom. Whether you're a seasoned investor or new to the world of real estate, this inspiring episode is filled with valuable insights on overcoming adversity, the power of passive income, and the potentials of the self-storage industry.
    Get a FREE copy of “How to Buy Your First Investment Property” - https://bit.ly/3NJLquO
    00:00 Introduction 

    00:42 AJ Osborne's Life-Altering Experience
    07:25 The Importance of Passive Income
    15:51 Financial Security Through Self Storage
    19:23 Understanding Investment Losses
    20:13 Discovering Real Estate Benefits
    20:47 The Appeal of Storage Units
    21:33 Maximizing Storage Unit Income
    22:54 The Business Model of Storage Units
    25:04 Starting Your Own Storage Business
    33:11 Investing with Cedar Creek Capital
    31 October 2024, 6:00 am
  • 27 minutes 1 second
    The Power of Self-Made Success
    In this episode of the Rich Dad Radio Show, Robert Kiyosaki sits down with entrepreneur and multimillionaire Hannah Hammond. Hannah shares her journey from obtaining her real estate license at 18 to building a successful portfolio and owning multiple businesses. The discussion covers her personal struggles with insecurity, the impact of her upbringing, and the challenges of finding strong partners as a powerful woman.

    00:00 Introduction
    02:26 Challenges of Success and Beauty
    04:03 Overcoming Insecurities
    06:16 Building Wealth and Independence
    09:21 Struggles in Relationships
    12:39 Academic Achievements and Personal Struggles
    20:04 Generational Trauma and Its Impact
    23:20 The Price of Independence
    24:34 The Importance of Self-Worth
    25:48 Struggles with Trust and Marriage
    29:52 Qualities Desired in a Partner
    32:09 Advice for Aspiring Female Entrepreneurs
    33:18 The Value of Non-Traditional Education

    -----
    Please read carefully.

    This is not financial advice.

    You may be asking, “what does that mean?”

    Let me explain…

    Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.

    YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose. 

    We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees. 

    Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.

    Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.
    30 October 2024, 4:59 pm
  • 34 minutes 14 seconds
    The Benefit of Starting Small in Real Estate
    Join host Jaren Sustar and guest Chad Carson, a distinguished real estate investor, author, and podcaster who obtained financial independence through real estate in his 30s. In this episode, Chad reveals the secrets to building a 'small and mighty' rental portfolio, the significance of a tactically balanced business approach, and the power of leveraging Other People's Money (OPM) to maximize wealth. 

    Discover practical strategies for funding deals, managing risk, and maintaining a manageable yet lucrative property portfolio. Additionally, Chad shares his experiences from the 2007-2009 financial crisis and the 2020 COVID-19 pandemic, offering invaluable insights for long-term investment success. Whether you’re new to real estate or looking to refine your tactics, tune in to learn how strategic decisions and persistence can lead to lasting financial freedom.

    00:00 Introduction 
    00:28 Meet Chad Carson: The Small and Mighty Investor
    04:37 The Importance of Taking Risks
    11:39 Building a Real Estate Portfolio
    17:10 The Power of Using Other People's Money
    20:35 Embracing the Small Money Investor Mindset
    21:35 The Advantages of Single Family Homes
    22:54 Success Stories: House Hacking and Flexibility
    23:52 Lessons from Scaling a Rental Portfolio
    25:42 The Importance of Debt Management
    26:39 Financial Freedom and Personal Fulfillment
    29:04 Surviving Economic Downturns
    32:18 Long-Term Real Estate Market Outlook
    34:39 The Power of Hard Work and Hustle
    24 October 2024, 6:00 am
  • 30 minutes 50 seconds
    How to Use Taxes and Debt to Build Wealth
    In this episode of Rich Dad Radio Show, hosts Robert Kiyosaki and Kim Kiyosaki are joined by financial experts Tom Wheelwright and Jason Hartman to discuss the critical importance of tax strategies and smart investments in today’s unpredictable financial environment. If you’re serious about protecting and growing your wealth, this episode delivers actionable insights into leveraging tax incentives and making strategic investment decisions that align with government policies.

    Maximizing Investments with Tax Incentives

    One of the key takeaways is the power of tax incentives for wealthy investors. Tom Wheelwright explains how investing in government-promoted sectors—such as real estate, energy, and agriculture—allows savvy investors to minimize their tax burden while supporting economic growth. This strategic allocation of capital helps investors keep more of their profits while complying with tax laws.

    The Role of Financial Education

    Robert and Kim Kiyosaki emphasize the importance of continuous financial education. They discuss how having mentors and staying informed about market trends are essential for navigating volatile markets. Education not only helps you make better decisions but also positions you to capitalize on emerging opportunities.

    Real Estate: A Reliable Asset Class

    Real estate remains one of the most stable and proven asset classes, particularly income-generating properties. Jason Hartman shares insights on how to identify "boring" markets that offer steady returns without the dramatic swings seen in hot markets. The episode also touches on adapting real estate investments to changing work habits, such as converting commercial spaces for residential use.

    Strategic Use of Debt

    Debt, when used strategically, can enhance investment returns and maximize tax benefits. The panel discusses how managing debt wisely can amplify gains, especially in real estate, where leveraging investments is a key strategy for building long-term wealth.

    00:00 Introduction 
    00:57 The Importance of Education in Real Estate
    01:27 Navigating the Current Real Estate Market
    03:32 The Role of Debt in Real Estate Investments
    05:41 Tax Benefits and Government Incentives
    08:12 Choosing the Right Markets for Investment
    14:48 The Value of Coaching and Being Coachable
    15:48 Financial Security in Uncertain Times
    16:10 Market Crashes and Economic Bubbles
    16:53 The Decline of American Institutions
    18:09 The Value of Coaches and Mentors
    18:21 The Flaws of Saving Money and Taxation
    19:54 Opportunities in Market Crashes
    24:49 The Future of Real Estate and Commercial Spaces
    29:15 The Importance of Financial Education


    =====
    Please read carefully.

    This is not financial advice.

    You may be asking, “what does that mean?”

    Let me explain…

    Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.

    YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose. 

    We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees. 

    Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.

    Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.


    23 October 2024, 6:00 am
  • 34 minutes 16 seconds
    Master Real Estate Investing: Lead Generation Strategies & Property Insights
    How to Buy Profitable Real Esate Deals - Registration is FREE - https://bit.ly/4eFuLV8

    Join Jaren Sustar on the Rich Dad Radio Show as he unpacks comprehensive strategies for lead generation and real estate investing. This episode delivers tactical advice on finding, analyzing, and funding property deals leveraging both organic and paid methods. 

    Learn how to utilize networking, partnerships, driving for dollars, and social media to discover lucrative opportunities. Additionally, Jaren contrasts single-family homes with multifamily properties, offering insights for beginner investors. Tune in to gain practical tips, real-life success stories, and expert recommendations to build your path to financial freedom in real estate.

    00:00 Introduction 
    00:31 The Importance of Lead Generation in Real Estate
    01:22 The Big Three of Real Estate Investing
    01:53 The Role of Bird Dogs and Lead Generation
    02:43 Generating Leads: Organic vs. Paid
    06:40 Organic Lead Generation Strategies
    09:30 Working with Investor-Friendly Agents
    12:14 Partnering with Wholesalers
    15:57 Finding Deals on Zillow
    18:53 Pro Tip: Don't Let List Prices Dictate Your Offers
    19:50 Driving for Dollars: A Hands-On Approach
    20:51 Networking: Building Connections for Success
    23:28 Social Media: Leveraging Your Online Presence
    25:14 Craigslist and Facebook Marketplace: Hidden Gems
    26:06 Paid Leads: Cold Calling and Direct Mail
    26:25 Cold Calling: The Basics and Strategies
    30:27 Direct Mail Campaigns: Old School but Effective
    31:49 Recap and Final Thoughts
    33:04 Q&A with Jaren: Single Family vs. Multifamily
    17 October 2024, 6:00 am
  • 38 minutes 52 seconds
    The American Dream: Lessons on Wealth and Freedom
    In this episode, host Robert Kiyosaki and guest Patrick Bet-David share transformative insights on achieving financial success and personal freedom. This episode focuses on the importance of developing crucial skills, such as the ability to sell and financial literacy, to thrive in today’s uncertain economic climate. Both Kiyosaki and Bet-David offer actionable strategies for achieving independence, growing wealth, and navigating the challenges of capitalism through the power of education and skill development.

    The Power of Sales for Financial Freedom

    Robert Kiyosaki emphasizes that mastering sales is not just a profession but a critical life skill. Whether you’re negotiating a business deal, selling a product, or teaching your children the art of negotiation, sales play a vital role in building personal and financial independence. As Kiyosaki puts it, "Sales equals income." This mindset is essential for creating a life free from financial dependency.

    Lessons from a Rich Dad

    Kiyosaki shares personal lessons from his rich dad, highlighting the importance of viewing financial failures as stepping stones rather than obstacles. His journey of learning the power of sales and understanding financial literacy illustrates how critical these skills are for anyone looking to succeed in a capitalist economy.

    Becoming Irreplaceable: A Path to Success

    Guest Patrick Bet-David provides valuable insights into the journey of becoming irreplaceable in the marketplace. Whether through mastering skills like coding or excelling at sales, Bet-David explains how becoming irreplaceable increases your market value and allows you to leverage economic opportunities effectively.

    Financial Independence Through Capitalism

    The discussion also delves into the fundamentals of capitalism, focusing on strategic uses of debt, real estate investing, and tax minimization. Kiyosaki and Bet-David emphasize the importance of financial education and choosing the right mentors to guide you toward financial success.

    00:00 Introduction 
    03:12 Learning to Sell: Personal Stories
    10:00 Becoming Irreplaceable
    16:53 Economic Uncertainty and Financial Security
    21:33 Embracing Failure for Success
    22:35 Sales Training and Confidence Building
    23:18 The Power of Sales in Entrepreneurship
    25:08 From Refugee to Entrepreneur
    27:53 The Importance of Taxes and Real Estate
    30:29 The True Meaning of Capitalism
    39:04 Choosing the Right Teachers


    -----
    Please read carefully.

    This is not financial advice.

    You may be asking, “what does that mean?”

    Let me explain…

    Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.

    YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose. 

    We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees. 

    Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.

    Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.
    16 October 2024, 6:00 am
  • 39 minutes 15 seconds
    House Hacking 101: What It Is and How to Get Started
    Sign Up for Jaren's FREE Event: "How to Buy Profitable Real Estate Deals" - https://bit.ly/4eFuLV8

    In this episode of the Rich Dad Radio Show, host Jaren Sustar sits down with seasoned real estate investor Ryan Burnham to explore the power of house hacking as a strategy to achieve financial freedom. Ryan shares his inspiring journey from working a traditional job to building a thriving real estate portfolio through house hacking, offering valuable insights for aspiring investors looking to reduce living expenses and grow wealth through smart real estate investments.

    What is House Hacking?

    House hacking involves purchasing a property as your primary residence and renting out extra spaces to generate income. Whether it's a spare bedroom, a basement suite, or an additional unit in a duplex or triplex, house hacking allows you to cover mortgage costs and lower your overall housing expenses. This flexible strategy can be adapted for short-term, mid-term, or long-term rental options, depending on your financial goals.

    Ryan Burnham’s Journey to Financial Freedom

    In 2018, Ryan was looking to break free from the traditional "rat race" of high income and high expenses. His first venture into house hacking started with purchasing a property that included a mother-in-law unit. By renting out one unit while living in the other, Ryan reduced his housing costs to just $200 per month. His experience shows how house hacking can turn liabilities into assets, allowing homeowners to generate passive income and build wealth over time.

    Tips for Successful House Hacking

    Throughout the episode, Ryan shares essential tips for managing a successful house hacking operation:
    •  **Tenant Screening:** Thorough tenant screening is crucial, especially when living on the same property. Establish clear expectations and maintain professionalism to keep tenant relationships stress-free.
    •  **Diversifying Rental Strategies:** Ryan and his wife Jenny transitioned part of their portfolio into mid-term rentals, catering to traveling professionals. This shift significantly boosted their cash flow, demonstrating how house hacking can evolve into a broader real estate investment strategy.
    11 October 2024, 6:33 pm
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