The odd thing is, Darren is doing EXACTLY what the Rich Dad books recommend. I went to the back of the room and got the investment packages. I took time to read it over.
RD says make sure you get something for free out of every deal (pg180 Rich Dad Poor Dad.) After 5 years, Darren`s personal company owns the Costa Rica property (sans investors.) The profit you make on that investment is from 5 years of rental fees, starting from the day they break ground (think about construction delays.) Pay yourself first (pg 172 Rich Dad Poor Dad.) Darren takes 10% cash off the top whenever you invest with him for promotional fees. There is nothing wrong with that since he has people to pay too, but the percentage seems a little steep. The Costa Rica specifically, the info for the predictions were old (travel numbers from 2004, the seminar I took was in 2009). At least they did say that all investments there were speclative.
RD says make sure you get something for free out of every deal (pg180 Rich Dad Poor Dad.) After 5 years, Darren`s personal company owns the Costa Rica property (sans investors.) The profit you make on that investment is from 5 years of rental fees, starting from the day they break ground (think about construction delays.) Pay yourself first (pg 172 Rich Dad Poor Dad.) Darren takes 10% cash off the top whenever you invest with him for promotional fees. There is nothing wrong with that since he has people to pay too, but the percentage seems a little steep. The Costa Rica specifically, the info for the predictions were old (travel numbers from 2004, the seminar I took was in 2009). At least they did say that all investments there were speclative.