I focus on single family homes or properties which may produce little cashflow at the very least, but can actually generate significant profits if “flipped” or sold through “rent-to-own”. In real life, I am also following the same path. I was not able to get out of the rat race during this game but we only played for an hour due to time constraints. My four “green houses” which I’ll exchange for a “red hotel” during a recent game I played with Earth. Later on, when the market presents good opportunities, I was able to sell or “flip” these small deals and then I used the profit to buy the bigger deals that produced greater cashflow, allowing me to get out of the rat race. In the beginning of the game, I always chose small deals even if they produced little cashflow. Start with small deals first, and the big deals will follow My family and I lead simple lives, which explains my very low target monthly passive income which is why I know I am going to get out of the rat race in real life very soon! 2. Harv Eker in his book “Secrets of the Millionaire Mind”. This was also described by Bo Sanchez in his book “Simplify and Live the Good Life” and T. In real life, I am applying the same strategy by reducing my monthly expenses by leading a simple life. After each payday, I had more money to invest, and with just a few passive income generating deals, I had enough passive income that exceeded my monthly expenses, and I was able to get out of the rat race faster. As a truck driver, although my salary was low, my monthly expenses were also very low.īecause I had low monthly expenses, I already had a positive cashflow and all I needed to do was just get those passive income generating deals. This happened during the Think Rich Pinoy Seminar I attended last August 2007.
#Cashflow 101 game driver
I noticed that whenever I played the cashflow 101 game and was able to choose a “simple” profession like a truck driver for example, I was able to get out of the rat race faster.
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