What we're about
This is a group for anyone interested in learning about real estate investing, networking and playing Robert Kiyosaki's Cash flow 101 Board game. All skills levels are welcome. I started this group because to meet and network with other real estate investors. I'm Looking forward to meeting with everyone. If you have never heard of the Cashflow 101 Here is a brief description;
"Cashflow 101" is a board game designed by Kiyosaki, which aims to teach the players concepts of investing and making money.
There are two stages to the game. In the first, "the rat race", the player aims to raise his or her character's passive income level to where it exceeds the character's expenses through a variety of investment options. The winner is determined in the second stage, "the fast track." To win, a player must get his character to buy his "dream" or accumulate $50,000 in monthly cash flow.
The game forces the players to do the accounts by themselves. In place of "score cards", there are financial statements. Therefore, players can see more clearly what is happening with their money. It generally shows how assets generate incomes and liabilities and 'doodads' affect expenses.
Basic strategies involved in this game are: buying and selling stocks, cashflow, appreciation, and leverage."
We look forward to meeting you. -Jim