For ease of play we chose to have you miss two turns entirely instead of having to calculate the amount due the bank for each turn or face bankruptcy early in the game. If you are one of the higher paid professions this could force you into bankruptcy early in the game. This means that you would owe the bank money (the amount your expenses exceed your passive income) for each turn until you find a new job.
However, you also continue to have to pay your monthly expenses. When you are downsized, you are correct that you lose your earned income but not your passive income. When I am downsized, why can't I still receive my passive income even though I am missing my turns?Ī. You may still take advantage of the opportunities presented by cards drawn by other players as long as the card specifies "anyone can.". If I am downsized can I sell stock or real estate while I am missing my turns, when the cards are drawn by other players?Ī. You may sell any or all of your holdings that match the description on the card. When a market card is drawn that says "anyone can sell at this price" does that mean I can sell all my holdings that match the description on the card, or only one?Ī. You should just round up the expense for the sunglasses to $80. No, you are not missing any of your currency. Some expenses in "doodads" are $75 (sunglasses), but there are no $5 bills in the game. If, through the loan, you are able to purchase enough passive income to get out of the rat race- congratulations! Remember you must increase your expenses to include the amount you have to pay in loan payments before you calculate whether your new passive income exceeds your expenses. If I am almost out of the rat race, can I borrow money from the bank to raise enough cash to buy an investment that will give me enough passive income to get out of the rat race and onto the fast track?Ī. This means that your cash flow is adjusted up by the cash flow generated by the property and down by the amount of your monthly loan payment. BUT remember you must include the bank loan as a liability and 10% of the loan amount must be recorded as a monthly expense.
You may borrow money from the bank to raise enough cash for the down payment on an investment property. If I don't have enough cash, can I borrow money from the bank to make the down payment for an investment property?Ī. You may, however, take a loan from the bank. Stock is only available at the price indicated by an opportunity or market card when drawn by a player. If I land on the downsized square and I do not have enough cash on hand, can I sell my stock to the bank for the price at which it was purchased? May I borrow the money from the bank?Ī. It is as if you have a property manager who handles the property for you, collects the rents, pays the expenses including the related mortgage and then sends you the balance each month (assuming it is +). The mortgage payment is calculated in determining the ROI and the monthly cash flow.
Real estate mortgages cannot be paid off on investment properties in CASHFLOW® 101. Is this amount the net amount after the mortgage payment or do I have to calculate a mortgage loan payment? Can I pay off a real estate mortgage on an investment property and then increase my passive income?Ī. When I purchase real estate, there is a cash flow amount stated on the card (plus or minus). However, the concepts that are presented in these materials can be applied to the game, as well as to real life, and may assist you in getting out of the rat race more quickly! It is not necessary to watch the video or listen to the audio tapes before playing CASHFLOW® 101. Do I have to watch the video and listen to the audio tapes that come with CASHFLOW® 101 before I play the game?Ī. By inviting your friends to join you in playing CASHFLOW®, your learning experience will be heightened by the interaction of your group. Better interaction occurs when 3 to 6 people are playing. CASHFLOW® was designed to be played by more than one player. How many people can play CASHFLOW? Can I play on my own?Ī.
#Cashflow 101 game free plus#
This page aims to collect and to show in a summarised version the FAQ/talks on forums plus some personal researches/works as far as the Cashflow 101 game (from Robert Kiyosaki) is concerned.
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