The Property Podcast TPP027: The Rich Dad Poor Dad guide to Property Investment
Sep 19, 2013
A deep dive into how a best-selling personal finance book reshaped property investing thinking. They discuss mindset shifts that separate wealth builders from wage earners. Practical themes include using debt as leverage, why your home can be a liability, creating passive rental income, and simple steps to start investing.
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Client Took An Aerial Photo For Due Diligence
- Rob Bence shared a client, Matt Earl, who photographed a continental development from a plane to aid due diligence.
- The aerial shot became an extra diligence point beyond the usual 50 factors RMP covers.
Student Fake Tan Stains Forced Mattress Replacements
- The hosts picked a news story where a landlord threw away 147 mattresses because of fake tan stains from students.
- Rob Dix and Rob Bence use the example to remind listeners that unexpected maintenance costs can be significant.
Rich Dad Poor Dad Is A Mindset Engine
- Rich Dad Poor Dad is a mindset book about wealth creation, not a technical property manual.
- Rob Bence and Rob Dix say its simple storytelling reframes how listeners think about money and assets, sparking real investment action.
