Robert Kiyosaki says there's 'nothing wrong' with buying a house — except he uses debt to buy it

Core Insights - Robert Kiyosaki, author of "Rich Dad Poor Dad," claims to own 15,000 houses, highlighting the challenges of home buying in the current market with median house prices in the U.S. at $410,800 in Q2 2025 [1]. Group 1: Real Estate Investment Strategy - Kiyosaki utilizes debt to finance his property purchases, allowing him to acquire more assets than he could with cash alone [2]. - The strategy involves leveraging borrowed money, where mortgage interest can be deducted from taxable income, thus reducing overall tax liability [2][3]. - Investors can also claim deductions for property-related expenses, including property taxes, insurance, and maintenance costs, enhancing their returns while minimizing taxes [3]. Group 2: Financial Advisory - Engaging a financial advisor is recommended for those considering real estate investment strategies, as they can provide guidance tailored to individual financial goals [3][4]. - Advisor.com offers a platform to connect individuals with fiduciary advisors who are legally obligated to act in their best interest [4][5]. Group 3: Asset Management - Kiyosaki differentiates between income-generating properties and primary residences, indicating that they serve distinct financial purposes [6].