#Cashflow 101 game instructions software

You may have an opportunity to sell the property at a profit if you or somebody else picks up a вЂMarketвЂ™ card. Next, always buy property whenever you can with spare cash, even if the cashflow is poor or even negative. By then, you will have more money than you know what to do with! This extra money should enable you to buy вЂBig DealsвЂ™ and you will very quickly be able to get out of the вЂRat RaceвЂ™. If you pick this card, you should borrow money from the bank (without going bankrupt) and just wait for you or somebody else to pick up the relevant sale card. The $1 share buying card (the are in fact two of them) should be a gold mine as when you sell, you could get up to 40 times your money. You do this by buying as much shares as you possibly can, probably using most of your spare cash! You canвЂ™t do anything without it, so you need to leverage it as much as possible. LetвЂ™s start off with the concept of raising money. My brother got out right before I won the game.ДЄnd I had bought his dream just for kicks when I landed on it.A few ideas to help you win the Cashflow 101 game. I had an issue with that before when I got out really early but couldnвЂ™t afford my вЂdreamвЂ™ when I landed on it. He stayed in the ratrace a little longer since his buyout was going to be pretty low.

#Cashflow 101 game instructions software

I was more agrressive with my investments and had a group of houses, 8plexes, a software company, and some other things.Д®nded getting out of the ratrace first with a buyout of 780k or so. TheyвЂ™re only worth it if you come across a really good deal and then probably only if you have a good chunk of the money already and just need some more. So in a year you have to pay $1200 for a $1000 loan. Note on bank loans: Bank loans cost 10% of each $1000 increment. So if a house with a 120% ROI came up, that would be a better use of your money. You can compare it to the deals youвЂ™re getting. The liabilities are also things you can pay off without drawing an opportunity card, so I would say the retail debt is probably a good thing to pay off early on. But I didnвЂ™t have any school loans as an airline pilot. So the retail debt had a higher ROI than the credit cards which was higher than the car loans which are probably higher than school loans. The credit card debt that I had in this game was 22k and I was paying $660/month Not the highest ROI in the game, but not too shabby. Paying the retail debt will save you $600 in a year for a cost of $1000 to pay it off.Д¦0% ROI is pretty decent. Other investments have much higher ROIвЂ™s. Some of the houses in the game return $100/month. So if you pay it off, youвЂ™re saving $50 each month. Essentially it does the same thing.ДЇor a $1000 retail debt, you pay $50 each month. The liabilities also have an вЂњROIвЂќ but itвЂ™s money that reduces your expensive. In the game, you can buy a house or other investment and get a certain ROI on it. They are different, some are worth paying, others arenвЂ™t. The first game I played, I had basically ignored liabilities and their interest rates. I had no school loans and a pretty high salary, my expenses were also high.

I played Cashflow 101 with my brother and his friend the other day.