Have you heard about the book “Rich Dad Poor Dad”? If you’re into real estate investing, you sure did. If you’re into a course of getting out of the rat race, you definitely did hear about it too. And of course, you probably know it’s author, who’s been showing people the ways to getting rich for perhaps 20 years now. No other than, Robert Kiyosaki, a very well-known financing and real estate investing guru.

At a glance, Robert Kiyosaki’s teaching is all about thinking outside the box. This is not a new idea, so what can Rich Dad Poor Dad show us on how to be successful? Well, unlike other financing guru, Robert Kiyosaki won’t make you think about making money the old way. He values the importance of education and holding a college degree. However, according to him, if you happen to not have them… it doesn’t mean that you can’t live a successful life.

Rich Dad Poor Dad talks about the true, old tried and tested principles of real estate investing. Robert Kiyosaki’s advice is mostly about smart financing. Which is very timely nowadays that many homes are in foreclosure. According to Robert Kiyosaki, real estate investing is a way to have your brain power and create real wealth.

For real estate investing to work, one should really know the properties to buy, when to sell it, and when to hold. And the way to know those is by applying Robert Kiyosaki’s principles on finding the right properties, getting creative financing and focusing on financial and academic literacy.

There have been many people who have written about how to be successful, in real estate investing, in stocks, and in life in general. Rich Dad Poor Dad is not the first, nor will he be the last. But, Robert Kiyosaki has also had some amount of controversy around his successes.

The controversy has many to investigate into whether Rich Dad Poor Dad example stories are true, up to and including the question about the people Robert Kiyosaki speaks about in the book. Do or did those people really exist? It went on to some even have made an analysis the Rich Dad was really made up to make the book more conceivable.

I did not know this until recently, but the co-author of his first book, Rich Dad Poor Dad, sued him in 2007. I, like the author, do not know the reason for the suit, but anybody who gets sued, is sued for something dastardly, I’m sure. Frivolous lawsuits can backfire on you.

Regardless of the allegations about fictional characters, Rich Dad Poor Dad author Robert Kiyosaki does give some sound advice about financing and real estate investing. But, there is also another important point. The information he gives is not new. Robert Kiyosaki is also not the only person who gives out this type of advice. If that’s true, would you want to invest your time or money with someone who has that much controversy surrounding him or who’s been sued in the past?