Get Rich Education

#78: You’re a better investor today than yesterday. Here's why you’re going to be an even better investor tomorrow. How the $15 minimum wage will enrich you. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 00:57  Why you - and everyone - is an investor. 02:15  Do you pay cash for a car or instead do you get a car loan? 06:40  In business and real estate investing, the product is often least important thing. 08:28  People, process, and product. 13:40  Stereotypical wealthy-sounding names. 18:48  Why it’s difficult to anticipate stock market movement. 21:07  Why a $15 minimum wage is good for you. Resources Mentioned:  “The Profit” TV show with Marcus Lemonis. City-Data.com | BLS.gov | NeighborhoodScout.com - For real estate market research. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. RidgeLendingGroup.com or 1-855

#77: “Passive” means you don’t have to work actively in real estate in order to profit. But “passive” still means “involved.” Our guest is Norada Real Estate Investments’ Marco Santarelli. Norada offers you turnkey real estate investments in multiple US markets. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 02:57  Listen to people whom were investing in real estate during the 2008 & 2009 Financial Crisis like Keith and Marco. They understand harder times. 03:28  Marco Santarelli interview begins. 08:58  Turnkey real estate defined. What to look for in a profitable passive investment. 13:40  Shortcomings of turnkey and passive real estate investing. You still need to do your due diligence. 14:35  Why Keith thinks turnkey real estate investing is in a “sweet spot” of ROI and control. 17:37  What’s your time worth? 19:41  10 Rules For Successful Real Estate Investing. 36:33  Should t

#76: Your #1 investment is your own education. Discover how to retain more of what you learn as an investor. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:10  People will pay you 30% of their income to live somewhere. 04:38  Affordability will be a problem for future renters. 06:14  Robert Kiyosaki. 07:55  Cone Of Learning. 10:20  A brand new way for you to learn. 11:50  You need to get on the coin’s edge. 13:20  Why you need information, not mere affirmation.   15:37  Keith just did something many would consider crazy. 17:45  Be the worst investor in the room. 18:24  Jim Rickards’ interest rate prediction. 19:40  Self-directed IRAs. 21:39  Tom Hopkins: Why you need to be a master asker. 24:06  Why agricultural RE investing is a great opportunity. Resources: NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. RidgeL

#75: Keith returned from the annual Investor Summit At Sea. Get the cutting-edge recap on topics from apartment building financing to gold to market predictions. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 03:27  What to avoid in forming a real estate partnership. 05:23  Insiders and thought leaders think the U.S. is headed straight to recession. 07:06  Jim Rickards recently stated that there will be no more QE & how that affects you. 08:58  The U.S. government’s #1 asset is student loan debt. 10:24  Negative interest rates are coming to the United States. 11:04  What do negative interest rates mean to you? 18:45  Keith and a faculty member’s discussion about real estate and gold. 21:20  “White guys buy bonds. Asian guys buy gold.” -Robert Kiyosaki 21:53  Sunken ships. 22:40  People have predicted the end of the world since the beginning of the world. 24:22  Apartment building f

#74: Stop saving money for the long-term; it is not serving you. 401(k)s are awful. To ultimately fulfill yourself, here’s why you need to jump. Steve Harvey “Jump” clip played. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 00:57  Stop saving money for the long-term. 01:21  When he was 12, Keith opened his first bank saving account. 04:18  There are so many things wrong with the 401(k). 06:25  Good news about your ROTI. 07:55  The most important investor question to ask yourself. 13:30  Steve Harvey “Jump” clip. 20:45  Passive real estate income as your parachute. 21:14  Keith’s jump. He had fear about starting the GRE podcast. Resources: NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. RidgeLendingGroup.com or 1-855-74-RIDGE. Call them today. Why? They specialize in income property loans & can finance up to 35

#73: Rich Dad Advisor Tom Wheelwright actually makes taxes fun! Tom advises us here in tax season about tax changes, presidential candidates’ tax plans, 1031 Exchange, RE Professional designation. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:20  To have something different, you need to do something different. 01:39  The five ways your paid as a real estate investor. 05:54  Tom Wheelwright interview begins. 07:02  Every RE Investor should know about the Section 179 and 263 deductions because we can make more write-offs in one year, instead of over a number of years. 11:07  What you can do if you’re about to acquire property for the best tax advantages. 13:02  Is the 1031 Exchange going to disappear? Social Security tax cap. 16:15  The Carried Interest Rule. 18:30  Presidential candidates’ tax proposals and promises. 24:25  A flat tax hurts RE investors. 24:50  Ordinary Income Tax r

#72: Most RE investors want their income to be passive - meaning you don’t have to work for it. Then you need a Property Manager. Knowing how to “Manage The Manager” is key. Our guest, Kassandra Boltman, understands this as she’s a longtime and current Professional Property Manager, Investor, and Educator. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:29  Keith brings you this week’s show from Miami, Florida. 01:36  Before you learn, you need to “unlearn” these myths. 02:37  401(k)s are awful. 03:30  Compound interest? Einstein was wrong about it. 12:24  One of Keith’s biggest mistakes was self-managing for too long. 13:09  Property Managers (PMs) do so much more than collect rent. 13:42  Kassandra Boltman interview begins. 17:32  Most PM companies are “Mom and Pops.” How is a PM franchise different? 19:16  MLS lockboxes. 21:42  Communication between a PM and investor strategic pla

#71: Chartered financial analyst, author, and speaker with an MBA in finance, Daniel Amerman discusses causes of a financial crisis. As a former real estate investing analyst, he relates today’s macroeconomy to real estate investors. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:55  Why Keith is a student along with you today. 03:28  Enhancing your podcast listening experience - compressed file size, time stamps. 05:33  Daniel Amerman interview begins. 07:08  The economic challenges in today’s environment. 08:04  Financial Repression is government dominance over markets. 11:31  Ways our government gets rid of its massive debt: default, austerity, high inflation, or low interest rates. 14:47  Inflation is still punishing savers. 17:27  Why can’t the U.S. just keep running up even more debt? 21:23  Daniel Amerman’s thoughts on how Keith secures loans. 23:48  What’s coming - inflation

#70: Our guest teaches real estate investment analysis to graduate students at Columbia University. He wrote the popular book “What Every Real Estate Investor Needs To Know About Cash Flow.” His new video-based course is found at: learn.realdata.com. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:46  Novice investors have awful reasons for why they own rental property. 03:48  Assume that a seller pro forma is a lie. 04:17  Frank Gallinelli interview. 05:28  In RE investing, pretty buildings hardly matter. 10:52  How you evaluate a RE investment’s worthiness. 13:20  Your property is only fourth in importance to you. 14:12  Your income stream. 17:20  Emotions have no place in income property investing. 18:09  Lease structures influence on property values. 20:18  Common mistakes made by novice investors. 24:22  Snow removal, bookkeeping, HVAC maintenance. 28:28  Time value of money. 30

#69: Kathy Fettke chats with Keith about what’s happening to real estate and investing in today’s economy. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:14  Keith’s properties were shaken by a magnitude 7.1 earthquake. 05:18  Kathy Fettke relates the 2008 recession to what’s happening today. 11:58  Tame inflation today. 14:01  Is a U.S. recession coming? 15:55  Demographic shifts. 20:25  Rental boom, followed by a housing boom. 24:10  Stock market crash prediction. 26:06  Farcical job growth. 27:56  Fed Rate hikes are nonsense in this economy. 29:54  Where’s the best place to park your money? 34:23  Best geographic areas for RE investing. 37:48  “San Francisco is going to get hammered.” 38:23  Single family home investing. 42:20  International Coffee Farms - A cash-flowing, hard asset uncorrelated with U.S. markets. Resources: RealWealthNetwork.com - Kathy Fettke’s website. Interna

#68: Seth Williams of The Lighter Side Of Real Estate and Bigger Pockets joins Keith to tell you about the best websites & apps for real estate investing, wealth building, and productivity. Seth's website is REtipster.com Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:10  You’ll experience bumps on the path toward where you want to be. 04:00  Seth Williams joins Keith. 08:05  Some investor thoughts on the Grand Rapids, Michigan real estate market. 12:27  Some of Seth’s favorite investor resources.     28:55  Some of Keith’s favorite investor resources. 35:38  Real estate intersects with so many other disciples, that there’s no single “go to” resource. Resources: REtipster.com - Seth Williams’ investor resources. EyeJot.com - Send video messages. AgentPro247.com - Generate lists of motivated sellers. Google Earth - Global maps & aerial photos. Zillow - Residential property in

#67: Ken Corsini of Georgia Residential Partners profiles Atlanta, Georgia - a large, investor-advantaged cash flowing real estate market. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:21  A sharp stock market fall in the first month of this year has investors shaken up. 02:50  Some of Keith’s favorite investing books. 03:17  Rich Dad Advisors. 05:00  Atlanta geography and history. 05:56  Ken Corsini interview begins. 07:00  Atlanta population and economy. 08:44  The location of Atlanta’s investor-advantaged counties and neighborhoods. 15:26  Recent appreciation rate in the Atlanta metro. 17:27  Available inventory of turnkey property. 18:51  Rent-to-value (RV) ratio, property taxes in Atlanta. 21:42  Vacancy rate, duration of tenancy, Landlord-Tenant Law. 25:02  Tenant screening. 25:57  Government-subsidized housing (Section 8). 30:48  Cash flow vs. equity growth. 33:04  Georgia R

#66: Learn some broad approaches to getting more money for a down payment so that you can buy income property sooner. Keith also looks at methods of acquiring passive income other than real estate investing. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 02:14  Real estate can build massive passive income - this is buy-and-hold real estate, not flipping or wholesaling. 03:36  Why you need to buy time, not sell time. 07:34  Focus on increasing income, not cutting expenses. 10:00  How to approach the classic “time vs. money” conundrum. 12:04  Here’s how much the average American investor lost last year. 15:28  Keith is adamant that we still have inflation today. 16:28  Here’s how wealthy people choose their friends. 24:51  The next episode features an Atlanta Market Profile. 26:28  “How To Win Friends and Influence People” 32:12  Your network determines your net worth. Mastermind groups.

#65: There are numerous pros and cons of both Single Family Home Investing vs. Multifamily Apartment Investing. What’s better for you? At the end of the show Keith selects which one he believes is better for 2016 and 2017. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:18  Single family homes attract better tenants than apartments. Here’s a new way to think about this. 04:16  The best investment that Keith plans to make in 2016 is next month’s Investor Summit At Sea. 09:56  Property cost. 10:19  School district. 10:53  Interest rates. 11:15  Here in 2016, it's now easier to get loans for more than 10 single family homes. 11:55  Property Maintenance, Utilities, Property Management. 14:22  Cash Flow, Location. 18:33  Tenant quality, tenant psychology, tenant turnover. 22:02  Appreciation rates in both property types. 23:00  Management fees, asset liquidity, your level of control. 26:5

#64: How do you build and maintain your reputation? How do you get your great reputation to advance your career? How do you repair a damaged reputation? Both in-person and online, your personal brand is more important than ever. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 02:45  Why you NEED a personal brand. It’s the same as your reputation. 04:30  How you develop your brand and reputation. 06:08  What do others think about you now? How would they describe you? 09:40  Can you really change “who you are” or who you were “born to be?” 11:32  How to stand out in a meeting - before you even walk in the door! 15:21  The Wingman Strategy will make you look like a star. 19;53  Your personal brand works for you like passive income. 21:25  Your virtual reputation - Google, LinkedIn, Twitter, Facebook, Instagram. 22:55  Improve your brand by creating content. 25:22  Your brand is more import

#63: Hear Keith’s latest media appearance. He is interviewed about how he got started in real estate, his investing strategy, and where Keith invests geographically. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:46  Keith brings you the show from near Philadelphia, PA today. 02:04  Be grateful this holiday season. 07:03  Keith Weinhold Interview begins. 08:22  Keith’s first-ever real estate purchase was an Anchorage, Alaska four-plex building. 09:57  To change yourself, change who you spend time with. 11:28  Don’t follow money. Make money follow you and live where you want. 12:37  How to begin exactly how Keith did. 19:40  Using equity from one four-plex to buy a second four-plex. 22:13  Real estate markets dependent upon oil. 24:00  Foreign turnkey real estate with cash flow. 33:28  Open up your time so that you can be a great investor. 36:42  Opportunity cost. 37:25  The real tra

#62: Rich Dad Advisor and Provision Wealth Founder Tom Wheelwright updates you about recent tax changes; provides tips for avoiding and dealing with an audit; and how to make your travel, meals and entertainment tax-deductible. Keith brings you the show from Juneau, Alaska today. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 02:35  Actually, the U.S. has the best tax compliance record in the world. 06:02  Now you can lose your passport for tax non-compliance! 09:25  During audits, the IRS is becoming more difficult & invasive. 14:00  Tips to help avoid an audit. It includes: call the deduction “continuing education” rather than a “seminar.” 17:37  Why you should never talk to the IRS. 20:45  Tax actions you can take now: 1) Pay your children, 2) Home office, 3) Automobile use. 4) Accelerate income. 27:30  Making your travel, meal, and entertainment expenses tax-deductible. 34:18  

#61: Learn why your long-term rate of return from stocks, as measured by the S&P 500 Index, is 0%. Learn how to act to overcome this “zero-return investing.” Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:10  Keith is back in the United States for today’s show. 02:04  The S&P 500 historically returns 10% per year. Your return is 0%. 02:51  When the Federal Reserve raises interest rates, how that impacts you and your tenants. 04:50  How inflation, emotion, and fees make your stock market return 0%. 11:25  This regards the very long-term. If you plan to live for the very long-term, then this approach makes sense. 13:24  Knowledge and rationale in stock investing vs. real estate investing. 19:27  Real estate still hasn’t returned to its 2006 national price peak. 20:30  Powerful education: how 25%+ returns are common with leveraged, cash-flowing income real estate in investor-ad

#60: Learn how to invest in cash-flowing Panama coffee farm parcels and diversify in an asset outside the US. It’s completely uncorrelated with residential real estate. Learn more at GetRichEducation.com/Coffee Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:00  Keith comes to you from Boquete, Panama today, where he completed a 3-day group tour for coffee farm investors. 02:00  Why coffee? 03:54  Why Panama? 04:55  The business model - it's like “turnkey” coffee farm investing. 07:11  What it’s like to walk the coffee farm plantations. 09:22  The investor crop harvest is developing ahead of schedule. 10:12  David Sewell interview begins. 14:14  Three pillars of sustainability: 1) Economic. 2) Environmental. 3) Social. 17:16  Four complete farms have now been sold out to dozens of investors. 17:34  The professionally-trained team includes a General Manager whom is an Engineer and Far

#59: Learn why buying fully renovated, already rehabbed, already tenanted, cash-flowing property in Memphis, Tennessee can put you on the path to financial freedom with Terry Kerr of MidSouthHomeBuyers.com Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 02:18  You want more money with less of your time invested. Today’s episode makes this actionable. 03:58  “Instead of wondering when your next vacation is, maybe you should set up a life you don’t need to escape from.” 04:22  The element of altruism in turnkey real estate investing. 06:10  An advantage of single-family home investing that you’ve likely never thought of. 07:50  Keith joins you from Managua, Nicaragua today. 11:24  Terry Kerr interview begins. He answers “Why Memphis?” 14:34  These $60K-$70K cash-flowing homes are in decent Memphis neighborhoods. 16:07  Advantages of MidSouth having both their renovation and management com