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

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But for “Rich Dad Poor Dad" author Robert Kiyosaki, it’s a breeze.During an interview with personal finance YouTuber Sharan Hegde, Kiyosaki stated, “I own 15,000 houses.”The median house price in the U.S. was $410,800 in Q2 of 2025, according to the Federal Reserve Bank of St. Louis.Hegde asked if Kiyosaki rents out these houses to collect income, to which Kiyosaki simply responded, "Yeah."The famed author elaborated on the topic of purchasing a house, explaining,“Nothing wrong with buying a house. The difference is, I use debt to buy it, and I pay no taxes. It's not the house, it’s not the stock, it’s not the bond, it’s not the ETF. It's your brains.”Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's howDave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what it is and 3 simple steps to fix it ASAPRobert Kiyosaki says this 1 asset will surge 400% in a year — and he begs investors not to miss its ‘explosion’Kiyosaki is referring to a strategy often employed by real estate investors. They often use borrowed money (debt) to finance their purchases. This allows them to acquire more assets than they could with their own money alone. Mortgage interest from these loans can be deducted from taxable income, lowering their overall tax burden.In addition, investors can claim expense deductions for property taxes, property insurance, and costs associated with managing and maintaining the property, such as repairs, maintenance, and property management fees.By leveraging debt and taking advantage of tax deductions, real estate investors can boost their returns while minimizing taxes.If this is an approach you want to take, it should be done with caution — and hiring a financial advisor is a smart approach.Advisor.com can quickly match you with an advisor who can guide you through your options. The platform’s advisors are fiduciaries, meaning they are legally obligated to act in your best interest.Just answer a few questions about your investment timeline and your goals, and Advisor.com will match you with a reputable financial advisor.Book a free, no-obligation call today to see if they’re the right fit for your needs.Trending: Warren Buffett used 8 simple money rules to turn $9,800 into a stunning $150B — start using them today to get rich (and then stay rich)Kiyosaki distinguishes between income-generating properties and a primary residence, emphasizing they serve different financial purposes.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,734.11 -3.38 (-0.05%)Dow 3047,147.48 -309.74 (-0.65%)Nasdaq22,900.59 +30.23 (+0.13%)Russell 20002,388.23 +5.24 (+0.22%)VIX19.83 -0.17 (-0.85%)Gold4,094.20 -100.30 (-2.39%)PortfolioSign in to access your portfolioSign inTop gainersCDTX Cidara Therapeutics, Inc. 217.71 +111.72 (+105.41%)SRRK Scholar Rock Holding Corporation 37.41 +7.34 (+24.41%)AVDL Avadel Pharmaceuticals plc 23.56 +4.32 (+22.45%)LGN Legence Corp. 40.27 +6.95 (+20.86%)CSIQ Canadian Solar Inc. 33.58 +4.96 (+17.33%)Top losersDGNX Diginex Limited 10.53 -2.97 (-22.00%)STUB StubHub Holdings, Inc. 14.87 -3.95 (-20.99%)HTFL Heartflow, Inc. 27.98 -2.96 (-9.57%)EOSE Eos Energy Enterprises, Inc. 13.80 -1.40 (-9.24%)CLSK CleanSpark, Inc. 10.96 -1.02 (-8.51%)Most activeONDS Ondas Holdings Inc. 7.18 +0.62 (+9.45%)OPEN Opendoor Technologies Inc. 8.12 -0.44 (-5.14%)NVDA NVIDIA Corporation 190.17 +3.31 (+1.77%)TSLA Tesla, Inc. 404.35 +2.36 (+0.59%)PFE Pfizer Inc. 25.06 -0.73 (-2.83%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 95,576.56 -527.09 (-0.55%)GOOG Alphabet Inc. 276.98 -2.14 (-0.77%)GOOGL Alphabet Inc. 276.41 -2.16 (-0.78%)ETH-USD Ethereum USD 3,147.55 +6.83 (+0.22%)XRP-USD XRP USD 2.26 -0.01 (-0.47%)Top economic events