#Real estate riches by dolf de roos pdf how to#

About the only real-estate investors who should be in multiple countries are owners of hotel chains and theme parks like Disneyland. developers have decided to В“conquer the worldВ” by doing their thing outside the U.S. I know of a couple of real-estate investors who have a vacation home or two in foreign countries, but no one who owns rental properties in multiple countries. Also, owning in different countries does not protect you from multi-national risks like higher interest rates or worldwide recession or depression. But most other countries are so socialistic that you would lose far more than you would gain. You would get some diversification against certain nationwide risks like adverse changes in the income tax code. I mentioned this advice to one of my friends who is a multi-millionaire real-estate investor and he asked, В“What would be the point of investing in different countries?В”

#Real estate riches by dolf de roos pdf how to#

You would have to learn the real estate portions of the federal income tax code of each country, numerous real-estate laws and customs and, worst of all, how to value properties in each country. He advocates investing in real estate in multiple foreign countries, although he gives no reason for doing so other than his contention that it is easy. real-estate gurus is that he is from New Zealand and lived in various countries. One unique thing about de Roos among U.S. Roughly speaking, the message of the book is that you can get rich quickly and easily in real estate with little riskВ—with advice from de Roos and Kiyosaki. ItВ’s not a how-to book, itВ’s an advertising brochure that costs $17.95. ThatВ’s pretty amazing considering the importance of Kiyosaki to de RoosВ’s success selling books. On 2/25/04, I received an email saying De Roos was no longer associated with Kiyosaki. The book is in the В“Rich Dad AdvisorВ™В” series, has a foreword by Kiyosaki, and a cover with the Rich Dad purple-and-black color scheme. de Roos associated himself with best-selling Rich Dad Poor Dad author Robert Kiyosaki. Real Estate Riches, a book by Dolf de Roos, is on the business best-seller list because Mr.