Rich | Dad Poor Dad Buying A House

Because a primary residence typically generates monthly expenses without providing direct income, he classifies it as a liability that "consumes" wealth rather than building it. Why Most People Get It Wrong

: Something that puts money into your pocket (e.g., rental income, dividends). rich dad poor dad buying a house

: Beyond the mortgage, owners must pay for insurance, property taxes (which Kiyosaki notes you pay forever ), and repairs. dividends). : Beyond the mortgage