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Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a BusinessThe #1 Real Estate Strategy to Get Rich in 2025
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a BusinessThe #1 Real Estate Strategy to Get Rich in 2025
The #1 Real Estate Strategy to Get Rich in 2025
Update: 2025-01-29
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Description
Most people love buying things on sale—except when it comes to real estate. But right now, with prices dropping and markets shifting, this is the BEST time to invest… if you know what you're doing. In this episode, Robert Kiyosaki sits down with Robert Helms to break down the current real estate market, the opportunities that most people are missing, and why the smartest investors are taking action NOW.
- Why real estate is the foundation of wealth - How to use debt to build your fortune (the RIGHT way) - Why most people are too scared to buy when the market is down - The #1 real estate investing event you NEED to attend
Markets are crashing, insurance costs are rising, and interest rates are shifting. But while most people are panicking, the wealthy are strategizing. If you want to learn how to build generational wealth through real estate, this episode is for you!
Join the Real Estate Summit at Sea! Learn from the best in the industry, network with top investors, and position yourself for success. realestateguysradio.com
-----
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.
- Why real estate is the foundation of wealth - How to use debt to build your fortune (the RIGHT way) - Why most people are too scared to buy when the market is down - The #1 real estate investing event you NEED to attend
Markets are crashing, insurance costs are rising, and interest rates are shifting. But while most people are panicking, the wealthy are strategizing. If you want to learn how to build generational wealth through real estate, this episode is for you!
Join the Real Estate Summit at Sea! Learn from the best in the industry, network with top investors, and position yourself for success. realestateguysradio.com
-----
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.
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00:00:00
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00:00:30
(upbeat music)
00:00:31
- This is the Rich Dad Radio Show, the good news and bad news about money.
00:00:37
Here's Robert Kiyosaki.
00:00:39
- Hello, hello, Robert Kiyosaki.
00:00:41
The Rich Dad Radio Show.
00:00:42
And I thank you all for joining us.
00:00:44
Today with very interesting show, as all of the show should be interesting, hopefully.
00:00:48
But it's with a long time friend, and we're gonna be talking to you about what you can do this summer to have fun, make your plans now, as well as get more education.
00:01:01
Because it's amazing how many times I talk to people, if they don't have money in their hands, it's because they don't have money in their head.
00:01:10
You know, if they don't have it in their, and they'll, well, what can I do?
00:01:15
I said, study, buy books, read YouTube, you know?
00:01:19
But what we have is a dear friend, Robert Helms, his father years and years ago, was the first guy that ever had me on his,
00:01:30
before podcasts, that's all this was 30 years ago now.
00:01:35
But I went on the Radio Real Estate Guy show, and it was the first time I talked about Rich Dad poor dad.
00:01:43
So ever since that, Robert Helms, senior and Robert Helms, the son, we've been great friends because real estate in my opinion is the foundation of wealth.
00:01:54
You know, you can have a crepto, you can have gold, you can have silver, but dirt is better sometimes.
00:02:00
So welcome to show Mr.
00:02:01
Helms, good to see you.
00:02:03
- Good to see you, my friend.
00:02:04
Thanks for having me.
00:02:05
It seems like it's been a lot of years we've been teaching together in a part, and there's still so much to learn.
00:02:11
- And especially today, and I'm looking at real estate, you know, we talked about it for a couple of years, now ever since 2008, when the Fed started just printing money to stop the crash of 2008,
00:02:24
and they dropped interest rates, and they inflated the supply, then you had COVID, and now it's called the Everything Bubble where the stock market is crashing as predicted.
00:02:35
You know, the bond market, which is real to me, frightening, that's crashing.
00:02:41
And then you have real estate that's crashing.
00:02:43
So I was looking at, you know, Florida prices are just crumbling, plus it'd be tough to get insurance right now in Los Angeles.
00:02:53
If there's a time to get smarter about real estate, especially, it's now, because the problem with real estate is, it's not liquid.
00:03:03
In other words, you buy a property, and it starts to crash.
00:03:06
It's hard to get out of it.
00:03:08
Whereas if I buy a stock, let's say I buy Apple stock, and it starts to crash, I can get out that day.
00:03:14
But real estate requires you to be a lot smarter.
00:03:18
But it's also, in my opinion, the best investment, and the reason is even better investments, you get to use debt.
00:03:25
So that's why you gotta be triple smart if you're gonna use debt, you buy real estate with cash, nobody does, but some debt is the leverage factor in there.
00:03:35
So you've gotta be smarter.
00:03:37
So if I real estate guys cruise coming up, and I want to talk to all of you about it, I have the person who, Robert Helms, tell you all about what's gonna happen on the real estate guys cruise this summer.
00:03:50
Welcome to the show, Robert.
00:03:51
- Yes, thank you, my friend.
00:03:53
This will be our 23rd year, getting together with a whole bunch of smart people, many of whom are very well versed in real estate, all over the world, and different types of real estate,
00:04:03
and you can learn a ton, and you should, on podcasts, and reading, and webinars, live events.
00:04:11
But you really have to assimilate that knowledge, so you can pay attention to when things happen.
00:04:16
You're exactly right, real estate is not liquid.
00:04:19
Now that's a challenge, if you see a reason to get out, but it's also a benefit because we don't have emotional reasons to just cut the panic cord,
00:04:30
like people do, with some other more liquid investments.
00:04:33
So I think it does provide the best of a lot of worlds, obviously tons of tax advantages to real estate, and there's only so much you can learn from reading the tax code,
00:04:44
from listening to folks sharing, until you have to make it personal, meaning you get one-on-one, and have conversations with people that are really doing it.
00:04:52
You know what I appreciate about you, is you're an excellent teacher, you have great head knowledge, but most of it comes from seat knowledge, time in the saddle, having been there and done that.
00:05:02
And so once a year we get together with a whole bunch of extraordinary people, and we talk not just about real estate, we talk about broader picture economics.
00:05:10
This year I'm sure we'll talk a little bit about politics, even though we aren't usually too political.
00:05:15
We've got a lot to talk about, and then the changes that we see coming, right, new administration, all kinds of things that could bode well for real estate, and maybe some headwinds.
00:05:26
So I think it's important for folks to get away from the daily grind, from time to time.
00:05:32
You know, I like to think of a retreat, where you spend time away, where instead of working in your business, Michael Gerber would say, step back and work on your business.
00:05:42
And we've been doing this staff for 23 years, we spend just over a week together, we learn, and we study, and we hear from experts, and I'll tell you who some of those folks are before we're done,
00:05:52
but then the really neat part, is we get to talk about that and discuss it with each other, banter it around, debate sometimes.
00:06:00
It's not like everybody has the same opinion about this stuff.
00:06:03
So I think for folks who are looking to navigate, what could be a really challenging few years, the best way to do that is with people that are rolling in the same direction.
00:06:13
And there's a lot of talk about like mindedness.
00:06:16
It doesn't mean everybody thinks exactly the same way, but it means they have their eyes forward.
00:06:21
They're trying to figure out how you adapt based on what's happening in the world.
00:06:26
You know, your first summit with us back in 2012, you did the amazing talk on not how to beat the Fed, but how to be the Fed, and you helped us drill down to think about what is it that the Fed does,
00:06:39
and how can we come along aside that, knowing the direction they're going?
00:06:44
- The best thing about it's immersion.
00:06:46
You know, like you go into another, you go into a time capsule on board a ship.
00:06:51
What's the name of the ship this year?
00:06:52
- So we're gonna spend two days on land in a beautiful hotel in Miami, then get on the celebrity beyond, which is the same ship.
00:06:59
We went on last year, last year was a few months old.
00:07:02
We had that new ship smell, but this is one of my favorite cruise ships ever.
00:07:06
It's really beautiful, really conducive.
00:07:08
You know, we're a few hundred people on a cruise ship of 3,000, so it's not everybody on the cruise as part of our group, but we get all the fun and amenities and parties and all the neat parts of the food that come along with being on a luxury cruise line.
00:07:24
- Right, and the thing that I think is interesting is that real estate is crashing.
00:07:30
If it's the time to buy real estate, it's now.
00:07:34
- You know, that's such a good point.
00:07:36
I'm afraid it says, why is it that Americans love to buy everything on sale except real estate?
00:07:42
- Well, those are consumers or not smart people.
00:07:46
But anyway, so it's up time to get to know people.
00:07:52
You know, look at, you know, you've met all my team as Kenny McRoy and Tom, we all write and all this.
00:07:58
And we're like joined at the hip.
00:08:01
And most people, like I was talking to this young woman during the day, and she doesn't have her husband, it doesn't have anything about anything.
00:08:11
She got three kids and she's just Boston her butt and she goes, well, can I buy a piece of real estate and develop an office building on a place that, what?
00:08:21
I mean, I remember, well, people have no idea.
00:08:27
Do you know what I mean?
00:08:29
And I met other people.
00:08:32
This one guy says, well, I don't need to do that cruise.
00:08:39
I have a real estate license.
00:08:40
- My dad would call that a license to learn the business, not a license to do anything with.
00:08:47
And I happily don't have a real estate license anymore.
00:08:50
I did for 18 years.
00:08:51
I sold real estate, mostly investment property, but you have to think different.
00:08:56
And the most important real estate is that six inches between your ears.
00:09:00
But you're right, you, not everybody can do it.
00:09:02
And not everybody should do it.
00:09:04
I think it's really for the person who's willing to study, be vulnerable, be open to hearing another perspective, admit you might be wrong about something.
00:09:14
And then polish your brain against other brains, as Abraham Lincoln said.
00:09:18
That's what makes us stronger.
00:09:19
Isn't when we're sharing what we already know, it's when we're discussing with people that have maybe a different perspective.
00:09:26
- Yeah, Robert, so when does this cruise last a day?
00:09:28
- So it's June 20th to the 29th.
00:09:31
We start in Miami the evening of the 20th.
00:09:33
We'll spend all day on the 21st in the hotel, then the next day, half a day, and then we get on the ship the next day.
00:09:40
So it's the 20th to the 29th of June.
00:09:43
- What time does this start on the 20th?
00:09:45
- Yeah, so the 20th is the day you'll arrive into Miami.
00:09:48
We don't really do anything that night, other than fly there and get registered and be ready.
00:09:55
We start the next morning on the 21st with breakfast in the hotel.
00:10:00
And that is the tee up to what to expect.
00:10:03
You get the entire schedule.
00:10:05
We don't put the schedule together of who's speaking or what they're talking about until right before.
00:10:11
Because like Robert, if I were to ask you now what you wanted to talk about, that could be completely different in June.
00:10:16
So we wanna make sure that we don't have the canned stump speeches that our faculty might do somewhere, but instead come talking about the stuff that's on their mind in the moment.
00:10:27
And by June, we're gonna be a few months into a new administration.
00:10:31
There's gonna be further movement in the markets.
00:10:34
I think there's gonna be a ton to talk about.
00:10:36
- So do you have any idea who the other speakers are?
00:10:38
- Well, we've got a few folks confirmed some of the regulars making his 12th appearance with us.
00:10:43
Your friend Kenny McElroy is joining us.
00:10:46
Last year Kenny brought the knee on.
00:10:49
- He got me the same ship with him.
00:10:51
(laughing)
00:10:53
Well, it's a big enough ship we can separate you guys when necessary, but no Ken's gonna be there.
00:10:57
It's gonna bring the kneel.
00:10:58
She's bringing her folks.
00:11:00
They, last year decided, you know, one of the neat things about the cruise, you know, Robert, you've been many times, is that dinner, we're all together.
00:11:08
So people change tables.
00:11:11
So you can talk to different cruisers and different, we call them summatiers.
00:11:15
You can talk to the different faculty members.
00:11:17
And so this last year Kenny said, you know, I think the kneel and I would like to host two different tables.
00:11:22
And that way people that are interested in what she's doing, we get a single family houses and owning businesses would be different than people want to talk about Kenny and syndication and apartments.
00:11:33
- Yeah.
00:11:35
If you want an immersion, you want a deep dive, you want to go to pressure cooker, the real estate guys cruise, is it?
00:11:41
What the dates again?
00:11:42
- It's June 20th to the 29th.
00:11:44
You can find out all the details at investorsummit@c.com.
00:11:48
- And I said Miami it started.
00:11:50
- We started Miami.
00:11:51
We're gonna go to some pretty beautiful places.
00:11:54
Most of the folks that come back on the summit, more than half the people are generally alumni.
00:11:59
They don't really care where we stop.
00:12:00
But if you've never been on a cruise, this is a good one.
00:12:03
We're gonna go to NASA on the Bahamas, beautiful port, lots of fun to do there.
00:12:07
And then we're also gonna go to St.
00:12:09
Thomas and St.
00:12:10
Martin.
00:12:11
So two beautiful places to see.
00:12:14
And the way it works is on the days that we're at sea, classes, seminars, round table discussions, great dinners, parties at night.
00:12:21
And then on the poor days, we just go have a good time.
00:12:24
See what's there to see and get to know people.
00:12:27
- It's really emergent learning and people learning and the reason I say that is I go, I was as a Vancouver, the Vancouver Resource Investor Conference of VRSC.
00:12:39
- Yeah.
00:12:40
- Great, great conversation.
00:12:41
And people want to talk to me.
00:12:42
I said, I'm in and I'm out.
00:12:46
Well, let's sit down and talk.
00:12:47
I said, I don't have time for you.
00:12:49
So I also want to talk to guys like me and Kenny and some of the characters on the real estate guys cruise.
00:12:57
This is your time.
00:12:57
- We have some characters and it's great that you're always willing to have those conversations with folks.
00:13:03
We do get people from the cruise line that aren't part of our group that recognize you.
00:13:08
And that's always fun.
00:13:09
But your friend Peter Schiff is coming back with this again.
00:13:12
Always fun to hang out with Peter.
00:13:14
He thinks is a contrarian.
00:13:16
I think Brent Johnson's going to be with us again.
00:13:18
Our mutual friend George Gammon will be with us.
00:13:21
- That's got Brian London is coming back.
00:13:24
It's going to be awesome.
00:13:25
- Man, all these, but the good is the leaders.
00:13:29
They're the apostles of the new money right now.
00:13:31
That's how I see them, you know.
00:13:33
There's just the leaders of thought and business and it's not found in the MBA programs.
00:13:40
It is now with the entrepreneurs outside who are doing it in real life.
00:13:45
So Brent Johnson is a dollar milkshake theory guy.
00:13:49
Peter Schiff tried to summit some gold.
00:13:51
I couldn't fucking believe that man.
00:13:53
I'm going, Peter.
00:13:55
- If you hang around Peter for too long, I'll try to sell you some gold.
00:13:58
That's for sure.
00:13:59
- Peter, I own gold mines.
00:14:01
- Yes.
00:14:01
- But, you know, he couldn't even hear what I was saying.
00:14:05
He would throw into his sales bitch and go, "Peter, I got more gold than you do."
00:14:09
You know, but it's stuck.
00:14:12
- Well, I'll bring him up a good point is that there really aren't any sales pitches allowed.
00:14:16
We don't talk, I mean, Peter gets a little bit of a pass because he always talks about his company.
00:14:23
But that's kind of the context 'cause that's what he's paying attention to.
00:14:26
And he can speak for two hours without notes and just nail all the latest statistics and all of that.
00:14:33
But it really is designed to be educational, but to your point, transformational.
00:14:38
I mean, you can do more in a week of the investor summit that you could get accomplished in five years just wandering around from conferences and webinars and podcasts.
00:14:47
- It is really a genius.
00:14:50
But he had some cufflinks he wanted to unload on me, so I said, "Peter, you had solid gold cufflinks."
00:14:57
And they looked great on your router.
00:15:02
- Yeah, I never, I couldn't believe his markup on him either 'cause he, you know, but anyway, it's entertaining.
00:15:10
Robert Helms and his team keeps entertaining.
00:15:15
It's auditorium style learning also and breakouts and meal times.
00:15:20
But you really get to know people and in depth.
00:15:24
And one of the most important assets I have are my friends like Robert Helms and Kenny McAroy and Brett Johnson, George Gammon.
00:15:32
These are my friends.
00:15:34
They go, "How do you get rich while you have smart friends?"
00:15:37
And I was talking to this one woman yesterday, "Who are your smart friends?"
00:15:42
She says, "All my sons and the Navy."
00:15:45
And she's the one who wanted to buy a piece of land develop an office building.
00:15:50
I'm going, "How much real estate do you own?"
00:15:53
None.
00:15:54
But it can't be that hard, I'm saying, "Oh my God."
00:15:57
Do you know what I mean?
00:15:58
People are just like, "She's an extreme case of naive."
00:16:01
But we're all naive at something.
00:16:03
And that's why you come and you put, what you put together is a fantastic program.
00:16:08
Once again, with the dates and times and before we get back on dial it in.
00:16:12
- Yeah, we'll start Miami, Florida on June 20th.
00:16:16
And we'll spend a couple of days on land and we'll hop aboard the beautiful celebrity beyond.
00:16:22
Seven days on the cruise, tons of fun, parties at night.
00:16:25
We watch a movie together, usually one night.
00:16:28
And then the roundtable discussions at lunch that's where the summer tiers lead conversations about what they're doing in real estate and other markets.
00:16:36
And we'll also have obviously the main stage time where our featured faculty members will get to share with us.
00:16:43
But I think the most unique thing is the panel discussions.
00:16:47
I can listen to these individual podcasts.
00:16:49
What I can't usually do is here four or five really smart people banter back and forth and talk about the issues of the day.
00:16:57
And that's awesome.
00:16:57
- Yeah, the cruise is really a gift you give yourself.
00:16:59
So we come back, we'll talk about Robin Adams 'cause he is, after all, the real estate guys, we come to the real estate guys cruise.
00:17:05
But I want you to give me a point of view on real estate today because I look all over the world.
00:17:11
And there's fire in California with insurance and the storms on the East Coast with collapsing stuff.
00:17:19
And homeowner's associations who jacking prices through the insurance rates.
00:17:24
So this is a tumultuous time in real estate, which is a good time if you're an investor.
00:17:30
It's a bad time if you're a dreamer.
00:17:33
We'll be right back with Robert Helms.
00:17:35
(upbeat music)
00:17:37
- Donald Trump returned to office and Republicans take control of the House and Senate.
00:17:42
It's huge news, but the challenges we face as a nation are still here.
00:17:48
In four years of chaos, the dollar has lost value.
00:17:50
Inflation run rapid, interest rates through the roof and wars rage across the globe.
00:17:55
Trump has inherited an economy that's a total mess.
00:17:59
And the burden to rebuild is huge.
00:18:02
This isn't going to get fixed overnight, especially with the ongoing assault to the dollar from bricks nations and our growing national debt.
00:18:09
Your savings are still vulnerable.
00:18:11
Gambling with your wealth is not an option.
00:18:14
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00:18:19
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00:18:25
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00:18:30
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00:18:34
When you start your investment with Allegiance Gold today, you'll get free silver as part of their exclusive offer.
00:18:40
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00:18:44
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00:18:45
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00:18:52
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00:18:56
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00:19:01
Imagine this, you're an art expert.
00:19:03
The wealthy acquaintance offers you as grandfather's entire collection for $200,000.
00:19:08
You discover it's filled with priceless masterpieces.
00:19:12
One painting alone is worth 1.2 million.
00:19:15
Now, an almost identical situation just happened in the gold mining world.
00:19:20
A major mining company sold off an unproven piece of land in British Columbia for just $200,000.
00:19:27
The buyer, a little-known gold company that saw potential where others didn't.
00:19:32
What they discovered is astonishing.
00:19:34
The largest undeveloped gold deposit in the world, 47.3 million ounces.
00:19:40
At today's prices, that's a staggering $118 billion worth of gold.
00:19:46
Here's the kicker.
00:19:47
This company's stock is severely undervalued.
00:19:51
You can buy shares for a fraction of what an ounce of gold costs.
00:19:54
It's like buying gold in a massive discount.
00:19:57
Gold and value investing expert Karim Rahim Tula is breaking down this opportunity today.
00:20:02
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00:20:08
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00:20:13
That's myfavoritegoldstock.com.
00:20:15
Welcome back, Robert Kiyosaki, the Rich Dead Radio Show.
00:20:21
Today, I special guest is Robert Helms.
00:20:23
As I said, his father was the first guy to let me speak about Rich Dead Portat years and years ago.
00:20:30
And my real estate guy, his father's real estate guy, Robert's real estate guy, Kenny McElroy's real estate guy, where it real estate guys, 'cause real estate is the foundation of wealth.
00:20:41
One more thing that's great about real estate, it provides income if you want.
00:20:45
And it's stable.
00:20:48
But only if you're smart.
00:20:50
And I'll say it again, I meet so many people who say, "Well, how come I'm broke?"
00:20:54
Because my Rich Dead always said to me, "If it's not in your brain, it can't be in your hand."
00:21:01
And so the reason some of the people lose something, they go to a financial planner and they just tell them, "Well, they're first of all portfolio stock spawns, mutual funds, ETS."
00:21:09
And stock market was crashing with China's deep, deep sea, whatever the, what was that?
00:21:14
AI, but the market is crashing, the boomers are screwed.
00:21:19
This is my friend, Rickard's here, my AGPT, it's how AI is going to affect the stockman that a real banking industry.
00:21:30
So we're in a major area of turmoil.
00:21:33
And we have the California fires and the storms on the east coast.
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So property prices are going down because expenses are going up, prices are crashing.
00:21:46
And it's bad news if you're stupid.
00:21:50
It's good news if you're going to be an investor.
00:21:53
So Robert, what do you see with all this thing, with wildfires?
00:21:56
And what's happening on the east coast of Florida condos are crashing and the California wildfires?
00:22:03
What do you think of all this?
00:22:04
- Yeah, it's a great question.
00:22:05
There are so many external forces on real estate.
00:22:09
And one of the ways that we build and that stability that you're talking about is through thinking ahead.
00:22:14
If you're going to buy, say, in a flood zone, well, you're going to need flood insurance.
00:22:18
That's more expensive today than ever.
00:22:20
And if you're going to get alone, even though you might not necessarily need to ensure at the highest level, your lender's going to require that.
00:22:29
And so when we see these natural disasters, it has an effect.
00:22:33
So I just got a notice two days ago.
00:22:35
Now my insurance that I've had with the same company for eight years, I've paid them tens of thousands of dollars every year because I got a lot to ensure and never acclaim,
00:22:46
they drop me.
00:22:47
Not because of anything except they're trying to change their risk profile.
00:22:52
So I think when the market changes, we just have to be ready and come up with solutions.
00:22:58
Two of the biggest expenses that we've seen skyrocket are interest rates.
00:23:03
When not only did they go up a lot, they went up really fast and that threw people off.
00:23:08
And of course, as you've mentioned, insurance and catastrophic insurance is becoming more and more expensive.
00:23:14
And that's not because insurance companies are greedy, not a big fan of insurance companies, but it's because of the actuarial or the cost.
00:23:23
And when you have a big, big issue like those amazing wildfires, I mean, you have to have a heart for just the people that have had their lives changed or taken when something like that happens.
00:23:35
And now you're going to actually have a higher need for real estate.
00:23:39
And the same thing with the storms and the hurricanes.
00:23:42
So there are areas where you have to be protected from those things.
00:23:46
You know, we have a couple of developments I'm here today in beautiful Puerto Rico.
00:23:51
Well, Puerto Rico got hit by Hurricane Maria.
00:23:53
And the property that I'm on got completely devastated.
00:23:57
Every building was destroyed, crops were destroyed.
00:24:01
This is 900 acres.
00:24:03
And now it's being rebuilt.
00:24:05
But everything they're approaching from a development point of view is about category five hurricane protection.
00:24:11
Because when you don't build that way, that's a big risk you take.
00:24:15
And so as real estate investors, we're balancing risk and reward.
00:24:20
The rewards, what everybody wants to focus on.
00:24:22
Hey, it's going to provide cash flow and tax benefits.
00:24:25
And it's going to go up in value.
00:24:26
My tenant's going to pay down the mortgage.
00:24:28
And all that is great.
00:24:29
But we don't spend enough time focusing on the what ifs.
00:24:32
So there's a lot of great ways to mitigate risk.
00:24:35
Insurance is about the well known.
00:24:37
But when the cost to do comes like it is now, you have to start thinking about it.
00:24:42
Is it worth changing your coverage?
00:24:44
Is it worth uping your deductible?
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These are the things you have to think about in these times.
00:24:49
So a lot to learn, real estate is a very, very sophisticated, complex subject.
00:24:54
So that's what this person I'm talking to.
00:24:56
Well, if an idiot like me can do it, so can't I?
00:25:00
I'm going to go, Jesus.
00:25:02
And she's got nothing.
00:25:03
I mean, nothing.
00:25:05
She's got a bunch of kids.
00:25:06
Well, at least it seems she has desire.
00:25:08
And maybe that's a start, if she'll read the books, if she'll study, if she'll apply.
00:25:12
Too many people are looking for that easy answer, like we were together the other day.
00:25:17
And the gentleman who was retrieving the cars wanted his picture with you and he wanted to ask you a question.
00:25:24
And he's like, well, what should I do?
00:25:26
Which is always the question.
00:25:27
And then your answer was we'll get educated.
00:25:29
And as tritus that may sound, that's exactly what has to happen.
00:25:33
You have to get educated or have someone on your team who is.
00:25:37
Especially today because, look, we got fires, hurricanes, AI.
00:25:43
And again, you want to scare the crap out of you.
00:25:46
It's money, GPT, but Jim Rickerts.
00:25:49
It's how AI is going to sink the banking system.
00:25:54
But the biggest thing I'm watching is the bond market.
00:25:56
Because the bond market is 10 times bigger than all other markets.
00:26:01
And the Chinese are dumping bonds right now.
00:26:04
So anybody who thinks, well, I'll just, you know, real estate is going to be like yesterday.
00:26:08
Tomorrow will be like yesterday.
00:26:11
I think they're dreaming.
00:26:12
And on the other side of it, it's the biggest opportunity to get smart.
00:26:19
I was talking to this guy.
00:26:20
He says, yeah, I just, I just buy homes.
00:26:22
I have flippant.
00:26:22
I'm saying, I think those days are gone for a while.
00:26:26
Now, they're going to be wrong.
00:26:26
I just bought two more properties with Kenny, $20 million each.
00:26:31
So I am put my money where my mouth is.
00:26:34
But I'm not stupid about it.
00:26:36
The point here is this, it's time to get smarter.
00:26:39
I don't care what you're in stocks, bonds, mutual funds.
00:26:42
I predicted my book, Rich Dad's Prophecy, the biggest crash was coming.
00:26:46
We entered it just now.
00:26:48
And the reason it is is because our interest rates, I mean, our national debt, as everybody knows, is all time highs.
00:26:54
The interest payment on our debt is more than we pay for national defense.
00:26:59
And we have Trump coming to market.
00:27:01
He's going to raise tariffs.
00:27:03
He's going to create-- I love the guy.
00:27:04
He's a great smart man.
00:27:06
But it's not going to be a smooth ride.
00:27:09
So that's why it's a real estate guy's cruise.
00:27:12
How much does it cost, Robert?
00:27:15
So with Cabin's start at about $6,000 a person, which is a healthy investment.
00:27:21
Understand that's all you're lodging, all your meals, all your fun, it's going to be extraordinary.
00:27:27
And it depends on the type of Cabin you want.
00:27:29
If you're OK with an inside Cabin, it's less expensive than if you decide you want to have a beautiful suite.
00:27:35
And every year, we set aside 30 spots for young adults.
00:27:39
People ages 18 to 25, and their charge is $2,500, which is less than it cost for us to put it on.
00:27:47
But it creates an awesome environment with these enthusiastic young people.
00:27:52
They love hanging around you and learning from you.
00:27:55
And really, all the faculty-- we always do one session where it's just the faculty, you, Kenny, Peter, all with just the young adults, because the future is in their hands.
00:28:06
So you can get all the details at investorsummit@c.com or just go to the real estate guy's side of the real estate guy's radio where it says summit.
00:28:16
And what are the dates again and where you sell from?
00:28:20
Yeah, so we're going to sell from Miami.
00:28:22
You want to arrive on June the 20th.
00:28:24
And then the festivities will start early the next morning.
00:28:27
We'll spend a day and a half in the hotel, get on the cruise ship for seven days.
00:28:31
We'll go to the Bahamas, St.
00:28:32
Martin, St.
00:28:33
Thomas, and you will.
00:28:34
It's like summer camp for the Influent.
00:28:36
You'll come, and you may not know hardly anybody.
00:28:38
But by the end, you'll have best friends.
00:28:41
You'll have new people you stand in contact with for the rest of your life.
00:28:44
You get to meet and hang out with the extraordinary faculty, Brian Lundin from the Gold Newsletter.
00:28:50
Our friend Dana Samerson will be there.
00:28:52
We've got real estate developers.
00:28:54
We've got, General's going to talk about AI.
00:28:56
We've got cryptocurrency.
00:28:58
We're talking about broader picture economics.
00:29:00
And then drilling down to what does all that mean for real estate investors right now.
00:29:05
So I can't think of a better way to get a ability to collapse timeframes, really gets your education jump started.
00:29:14
So you can make this your best year yet.
00:29:16
Yeah, and Kenny and I own tons of real estate.
00:29:20
I also own gold mines and silver mines.
00:29:23
I also own cattle, you know?
00:29:25
I only invest in things I can see, touch and feel.
00:29:29
But my concern is the bond market.
00:29:32
You know, I'm watching that.
00:29:34
And so every time I'm hanging around with on the real estate guys crews, I get to find out guys who are extremely good with bonds and stocks.
00:29:42
Because I'm weak at that.
00:29:43
I'm very weak on that area.
00:29:44
I know it.
00:29:46
It doesn't make sense to me, but bonds are dead.
00:29:49
And they're dumping it right now.
00:29:52
So what's that going to mean for the future?
00:29:54
Plus one more thing is the boomers, baby boomers are retiring.
00:29:59
So that they were a tremendous source of money for the investment market.
00:30:03
So the boomers are getting out.
00:30:06
Where is this money?
00:30:06
And the bond market is going to go down.
00:30:08
This is either the best time or the worst time.
00:30:11
It sure is.
00:30:12
And the great, they all the wisdom of the markets can be summed up in that scene in Caddy Shack where Roddy Dangerfield says, sell, sell, sell.
00:30:21
They're all selling?
00:30:22
Well, then buy, buy, buy.
00:30:24
When everybody is scared to death and they don't know what to do, if you'll maintain your poise and you'll surround yourself with smart people and you'll let your friends poke holes in your thesis and you get to something that works,
00:30:38
that's when you find a deal.
00:30:39
It's why you and Ken and I are buying right now, but we're not just buying anything.
00:30:44
We're being strategic.
00:30:45
Now multiply that times 200 people.
00:30:48
And you've got an incredible opportunity to find out where the opportunity is going.
00:30:52
That's correct.
00:30:53
And there's always an opportunity and real estate is a foundation.
00:30:58
So once again, it's the real estate guys, crews, dates again, Robert.
00:31:03
June 20th to 29th, 2025, it's even hard to say 2025.
00:31:09
You get the details at realstakeguysradio.com.
00:31:12
You'll see a button that says Summit.
00:31:13
We'd love to have you hang out with Robert and our friend Ken McElroy, Peter Schiff, all the folks, George Gammon.
00:31:21
It's going to be an extraordinary, and we still have several faculty members that haven't fully committed.
00:31:27
We'll be announcing those as time goes on, but you can get all the details.
00:31:31
If you'll just check it out at investorssummit@c.com.
00:31:35
I cannot wait to hang out with you, my friend, for a week.
00:31:37
- Yeah, I can wait.
00:31:40
I mean, it's just such an exhilarating, stimulating, exciting.
00:31:44
In the face of all this tragedy going on around us, it's the best time, but you've got to be smarter.
00:31:52
That's all.
00:31:53
- Yeah.
00:31:53
- How much again?
00:31:54
- How much again?
00:31:56
- Starts at $5,900 or an inside cabin per person.
00:32:01
And you can spend as much as you want.
00:32:03
We got a bunch of nice sweets and those things, but you're not going to spend a lot of time in your cabin.
00:32:08
And it's not a vacation.
00:32:10
It's fun.
00:32:10
We have a great time.
00:32:12
You're going to see beautiful parts of the world, but we work you pretty hard.
00:32:15
And that's 'cause we have this unique cocoon.
00:32:18
We have for nine days.
00:32:19
We want to take absolute maximum ability to learn, to study, and to get connected to people.
00:32:26
So join us.
00:32:27
It's not cheap, but either should your investment be.
00:32:31
People ask, is it expensive to come on the summit?
00:32:34
And I always say, well, that depends on if you come or if you don't.
00:32:37
- Yeah.
00:32:38
- You don't come, it's going to be really-- - Think about it, $6,000.
00:32:40
Everything included for nine days.
00:32:43
Yeah, food and the food's great.
00:32:45
Oh my gosh, four dining rooms in this ship.
00:32:48
Amazing food, late night parties, early morning, walks around the deck.
00:32:53
We have groups that exercise together.
00:32:55
We have people that do meditation.
00:32:57
And it's just, it's so much fun.
00:32:59
And you're almost forced to meet so many people because at every meal, you're with different folks.
00:33:04
And it can really, really catapult your investment career, whatever you choose to invest in.
00:33:10
- Okay.
00:33:11
It's really sick guys, summit at sea.
00:33:14
And the dates again, I want to keep pounding.
00:33:16
- June 20th of the 29th.
00:33:17
- Yeah, so I'd like to have everybody there.
00:33:19
This is the biggest opportunity, given the turmoil the world's entering into.
00:33:24
You know, it's unbelievable.
00:33:28
So anyway, we'll love to see you guys.
00:33:31
I love going on the cruise.
00:33:33
I go to learn.
00:33:35
And of course, I argue with Peter Schiff.
00:33:37
(laughing)
00:33:40
- Those are the two things.
00:33:41
Learn and argue with Peter Schiff.
00:33:43
(laughing)
00:33:45
- But anyway, that's how we learn, you know?
00:33:48
And what is our greatest asset today?
00:33:50
Well, it's the gap between our left here and our right here.
00:33:54
So anyway, thank you, Mr.
00:33:55
Helms, and thank you being a friend for all these years of the Rich Dead Company.
00:33:59
And the message of financial education.
00:34:01
We'll be right back.
00:34:02
(upbeat music)
00:34:05
- Imagine this, you're an art expert.
00:34:08
Well, the acquaintance offers you his grandfather's entire collection for $200,000.
00:34:14
You discover it's filled with priceless masterpieces.
00:34:17
One painting alone is worth 1.2 million.
00:34:20
Now, an almost identical situation just happened in the gold mining world.
00:34:25
A major mining company sold off an unproven piece of land in British Columbia for just $200,000.
00:34:32
The buyer, a little known gold company that saw potential where others didn't.
00:34:37
What they discovered is astonishing.
00:34:40
The largest undeveloped gold deposit in the world, 47.3 million ounces.
00:34:46
At today's prices, that's a staggering $118 billion worth of gold.
00:34:51
Here's the kicker.
00:34:52
This company's stock is severely undervalued.
00:34:56
You can buy shares for a fraction of what an ounce of gold costs.
00:34:59
It's like buying gold in a massive discount.
00:35:02
Gold and value investing expert Karim Rahim Tula is breaking down this opportunity today.
00:35:07
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00:35:13
To learn more, check out myfavoritegoldstock.com.
00:35:18
That's myfavoritegoldstock.com.
00:35:21
Welcome back.
00:35:24
When I thank Robert Helms, real estate guys, and please check it out, the real estate guys, some of the seat crews this June, coming out of Miami nine days, trying to get $6,000.
00:35:34
I know where you can, you can't set a hotel for that much, and everything's included.
00:35:39
But you go there for the feed, your mind, and all this.
00:35:43
I think the most important thing is you go there to meet people who I like you, people who want to get ahead, people don't panic when markets are crashing, and they're crashing right now.
00:35:53
But it's the best opportunity.
00:35:55
It's the best opportunity.
00:35:57
So other things, too, is when Kenny and I are there, we're gonna be talking about an infinite return, why you don't need money to make any money at all.
00:36:06
We use zero money, and we make millions together.
00:36:10
So it only depends upon here.
00:36:13
And as my rich dad said to me, if it's not in your hands, 'cause it's not in your brain.
00:36:19
So I thank Robert Helms again, so you guys, the real estate investor, Summit at C.
00:36:24
Thank you for watching the Rich Dad program, and get smart.
00:36:27
This podcast is the presentation of Rich Dad Media Network.
00:36:35
(bells chiming)
00:36:37
