Get Rich Education

#105: Texas is a job creation juggernaut. Companies are being lured to Texas at a staggering rate by a business-friendly environment, low labor costs, and tax incentives. Texas is where you have some of the fastest-growing, most economically stable markets in the nation. Your durable rent income comes from tenant jobs. Learn about how to get into this market with an award-winning turnkey real estate investment provider at GetRichEducation.com/Texas. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities. Listen to this week's show and learn: 03:29 Turnkey real estate investing defined. 04:44 Win-wins. 05:16 Why turnkey RE is not too good to be true. 09:30 A "Tenant Inspection Report." 11:34 Carl Dean interview begins. 13:39 Carl moved to Texas because that's where the jobs and better properties are. 15:05 Is the Texas RE market overheating? 18:02 Medical, financial sectors. More than just oil. 20:19 Migration into Texas. 21:53 Property taxes. 24:03 Price sweet spot of $140K-$250K. Rent-to-value ratios. 25:15 Lease duration and 5% rent increases each year. 29:40 Plano and Frisco often have price points that exceed the cash flow "sweet spot." Fort Worth and south Dallas areas are generally better. 32:18 3 Bed / 2 Bath single-family homes are the minimum size criterion. 35:07 Exit strategy. 37:58 A "cheap" property isn't enough for an investor. 38:50 Placing the right tenant. Minimum $1,200 rent amount. 41:04 How does Carl find his inventory? 45:17 Cash flow in Texas vs. other markets. Resources Mentioned: GetRichEducation.com/Texas Trulia.com CorporateDirect.com NoradaRealEstate.com RidgeLendingGroup.com GetRichEducation.com

104: T.Harv Eker is our guest today. His mega-popular seminars and book, "Secrets Of The Millionaire Mind: Mastering The Inner Game Of Wealth" have transformed countless lives. Harv tells you: "Think Rich To Get Rich." Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities. Listen to this week's show and learn: 03:58 What do you really want in your life? 09:04 Thoughts > Feelings > Actions > Results 11:28 Your mind is set to a "Wealth Thermostat." 14:37 How to change your Wealth Thermostat: 1) Awareness. 2) Understanding. 3) Reconditioning. 19:24 Your thought influences are: verbal conditioning, modeling, specific incidents. 20:35 Are rich people evil? 26:08 Is it ethical to make passive income? 32:15 How rich people specifically think differently than most people. 34:50 The Bible and wealth. 39:14 Dealing with your disapproving family members. 44:28 Seminars. 45:10 How to win the money game. 50:31 The importance of passive income is freedom. 55:20 "SpeedWealth" has 8 principles. Resources Mentioned: Get SpeedWealth free at HarvEkerOnline.com/GRE Secrets Of The Millionaire Mind - book CorporateDirect.com NoradaRealEstate.com RidgeLendingGroup.com GetRichEducation.com

#103: Tom Wheelwright is a tax genius and regular contributor here. He's the Founder and CEO of ProVision Wealth, which prepares Keith's tax returns. TaxFreeWealthAdvisor.com Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities. Listen to this week's show and learn: 04:04 Every dollar of your income is either taxable or not taxable. 08:08 How you are double and triple-taxed. 09:59 How tax depreciation works for real estate investors. 13:33 Cost segregation. 16:10 Why Donald Trump won't release his tax return. 20:14 Here's when you start a tax and asset protection strategy. 23:40 Holding your real estate in an LLC vs. "S" Corp. 25:55 IRS audits and taking deductions. 28:06 Garrett Sutton. 29:40 Picking the wrong lawyer. 32:48 Audit prevention: 1) Documentation. 2) Competent tax preparer. 3) Don't talk to the IRS. Resources Mentioned: TaxFreeWealthAdvisor.com or call 866-467-5809 CorporateDirect.com NoradaRealEstate.com RidgeLendingGroup.com GetRichEducation.com

#102: Hardship in your life changes your mindset, goal, timetable, and your investing risk tolerance. It changes how your think about your "Return On Time Invested." Meet Ben Leybovich. Want more wealth? Visit www.GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities. Listen to this week's show and learn: 03:39 Ben Leybovich Interview begins. 05:30 Ben is diagnosed with Multiple Sclerosis. 07:40 A process of elimination brings Ben to real estate investing. 11:08 Emotional investing. 14:20 Unlike Keith, Ben self-manages his properties. He uses Buildium.com. 16:40 ROI. 30:18 Cash flow rises faster than inflation when you're leveraged. 32:45 Guesswork - rent escalators, fixed mortgage interest rate duration. 33:43 Real estate environment in 2016. 36:50 Ben likes buying "below market." Underwrite to fundamentals. 39:26 Regional housing markets. 44:19 Ten years ago, U.S. housing prices were 24% higher than today, adjusted for inflation. Resources Mentioned: JustAskBenWhy.com Buildium.com NoradaRealEstate.com CorporateDirect.com RidgeLendingGroup.com GetRichEducation.com

101: Geography is hugely important to real estate investing, economics, demography, and geopolitics. Peter Zeihan has a remarkable grasp on "location, location, location." Learn the case for why the United States is not in decline. It will continue as a global superpower. Want more wealth? Visit www.GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities. Listen to this week's show and learn: 04:01 The case that America is positioned to continue as a financial, agricultural, and industrial superpower. 06:05 Rivers. 08:38 Urban centers. 10:00 Geography shapes cultural isolation and integration. 13:16 Diffusion of ideas and technology. 14:55 3-D printing changing the geography of distribution. 23:35 Oil and petroleum. 30:28 Inflation vs. Deflation. 33:16 Japan. 38:23 Which countries will prosper. 42:14 Can another nation be like the United States? 43:05 U.S. Midwest, Texas looks great for growth. Alabama. 45:36 Gateway cities: San Francisco, Santa Barbara, New York, Miami and Seattle. Resources Mentioned: Zeihan.com The Accidental Superpower (book) CorporateDirect.com RidgeLendingGroup.com NoradaRealEstate.com GetRichEducation.com

#100: How to measure your wealth, a fun retrospective of the first 100 episodes, and a visit from GRE's Business Developer John Collins. Want more wealth? Visit www.GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week's show and learn: 03:25 Let's measure your wealth. Right now. Here's how. 06:12 Favorite GRE mantras and catchphrases. 09:16 How to increase your wealth. Determine your "PPY" and convert equity to cash flow. 13:02 Traffic and commuting. Appreciate what you've already got while you expand. 17:58 A memorable look back at some noteworthy GRE episodes. 28:31 GRE's John Collins appears. 33:07 Real estate's advantages and five profit centers. 34:16 Awareness of outdated investment paradigms. 35:05 Nearly every dollar you spend is related to real estate. 37:40 If you wait until you're old to be gratified, did you win? 38:50 Sabbaticals. 43:30 Exposure to fresh ideas multiplies you in "unthought of" ways. Resources Mentioned: CorporateDirect.com RidgeLendingGroup.com NoradaRealEstate.com GetRichEducation.com

#99: Income property investors' most commonly asked mortgage questions are answered by Ridge Lending Group President and CEO Caeli Ridge. There's a lot of good news - the lending environment is loosening. www.RidgeLendingGroup.com Want more wealth? Visit www.GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week's show and learn: 02:39 This episode is about conventional financing of income property. 02:58 Next week's milestone Episode 100 will be special. 04:57 Caeli Ridge interview begins. 07:54 Seasoning of funds. Gift funds. 10:27 Reserve requirements. 60% of your retirement funds qualify for reserves. 13:37 LLCs. Married couples. 15:10 How wife & husband can get 20 conventional loans. 17:17 Cash-out refinances: two types - standard and delayed. 26:05 DTI - Debt-To-Income Ratio. 50% maximum. 28:00 How your DTI changes when you add a rental property. 31:23 Credit score. 33:39 How the mortgage lending industry is loosening, not tightening. 34:25 It's now up to 80% LTV for your first ten financed single-family income properties. Resources Mentioned: RidgeLendingGroup.com CorporateDirect.com NoradaRealEstate.com GetRichEducation.com

#98: Turn your $100K into $300K over five years with five turnkey income properties. See exactly how. Also, Cap Rate, Cash-On-Cash Return, and Equity Management are explored. 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: 01:03 Special technique to help you get more rent for your property. 04:37 How to add value to a multifamily property via NOI and Cap Rate. 08:58 Cap Rates versus Cash-On-Cash Return. 11:51 Neighborhood character affecting valuation. 13:50 How to create wealth with five turnkey properties over five years. 21:24 Amazon lockers are changing apartment buildings and consumer behaviors. 25:02 Keith's HELOC application was denied! Details. 27:02 Earthquakes. The return from home equity is zero. 31:29 The borrower is in control of a loan, not the lender. 32:22 Why "Live Below Your Means" Is Bad Advice. Resources Mentioned: CorporateDirect.com NoradaRealEstate.com RidgeLendingGroup.com GetRichEducation.com

#97: Generate $36,000 of monthly income and $10,000 of monthly cash flow per single-family residence used as an Assisted Living Home (ALH). Demographics tell the story. Our aging population means there will be more need for senior housing. Gene Guarino of the Residential Assisted Living Academy tells us why and how to own and operate ALHs. 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: 01:05 Get $5,000 - $15,000 cash flow per month from one single-family home. 01:37 Upcoming guests on future shows include T. Harv Eker and Tom Wheelwright. 02:50 40 million senior citizens today will balloon to 89 million by 2050. 05:15 Single-family homes - not giant institutional complexes - are a great niche for the individual investor / businessperson. 08:09 Don't be involved in the day-to-day operation of the ALH. 09:13 Ideal ALH location. Home size 300-500 sf per person. 13:20 No commercial kitchen. Grab bars, wide doors. 14:18 Profit & Loss Statement. $36,000 / monthly avg. income for ten private rooms in one ALH. 17:51 Owning vs. Leasing the real estate to operate your ALH. 19:43 Zoning, Licensing, Liability Insurance. 27:13 How do you find an ALH? 31:19 State-administered trainings vs. business-oriented trainings. 32:39 Financing. 37:15 Occupying your ALH with residents. 39:27 "Mom & Pop" ALHs. 42:04 Caring for others. 43:35 What does an ALH manager do? 45:00 Gene shows others how to provide ALHs with a live 3-day Training, and at RALAcademy.com Resources Mentioned: RALAcademy.com CorporateDirect.com NoradaRealEstate.com RidgeLendingGroup.com GetRichEducation.com

#96: Keith's story about starting in real estate, how to think abundantly, and leveraging the efforts of others to create wealth for yourself. Keith is interviewed by Kathy Fettke. 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: 03:20 Before you expand, appreciate what you already have. 05:44 Avoid the crowd constantly focused on "spending less." They live half-dead. 08:41 An inspirational Dale Partridge quote to live by. 12:19 Starting big. Most people move & follow the money. Instead, make money follow you this way. 14:03 Buying a four-plex: 3.5% down, 12 months owner-occupy, minimum 580 FICO score. 15:51 Utilizing other people's money. 18:26 Compound interest is lame and slow. Here's why. 22:28 Don't be debt free. Be financially free. 23:56 In RE investing, the property is only the fourth most important thing. 24:50 Here's how Keith expanded his real estate portfolio with other people's money. 27:30 Investment RE markets in Dallas-Fort Worth, and Anchorage, AK. 29:43 Value your time. 33:57 A bar of iron costs $5. What will you turn it into? Resources Mentioned: GetRichEducation.com CorporateDirect.com NoradaRealEstate.com MidSouthHomeBuyers.com

#95: The United States real estate market is compared with those in Australia and Japan. 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 Poor stands for Passing Over Opportunity Repeatedly - P.O.O.R. 04:00 A re-cap of Keith's story. 07:10 Reasons why the U.S. real estate market is special. 09:14 Largest economies by GDP. 13:57 Australian real estate market overview with Marcus Whelan. 21:18 Japanese real estate market overview with Marcus Whelan. 27:14 Why the U.S. is special for income property, and business opportunity. 30:46 English-speaking is a major advantage that's taken for granted. 32:45 Time vs. Money. Resources Mentioned: GetRichEducation.com World's largest economies by GDP CorporateDirect.com NoradaRealEstate.com MidSouthHomeBuyers.com

#94: Self-Directed IRAs and Checkbook IRAs potentially enable you to invest your IRA funds into income real estate, coffee farms, a vacation home, gold, a business, and more. But there are rules to follow. Today's guest made an educational video to help you learn about this: www.premierlawgroup.net/gre 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: 01:52 Your Individual Retirement Account (IRA) doesn't have to be invested in mutual funds. 03:47 Even if you don't own an IRA, you want to know this in case you aggregate other investors' money. 05:20 Right after college, Keith admits he actually used to think it was smart to invest in 401(k)s and IRAs. Once enlightened, he tore it down. 07:23 Keith tells you who his Self-Directed IRA custodian is. 12:52 Mauricio Rauld Interview. 14:27 What is a Self-Directed IRA (SDIRA)? 16:17 With a SDIRA, what can you invest in? What's prohibited? 20:08 Checkbook IRAs. 21:40 What a custodian does. What your limitations are. 24:28 Liquidity - how fast can you use your IRA funds? 25:42 Planning. It's often best to fund your SDIRA with one larger lump sum. 27:11 Real estate leverage and a SDIRA. 29:53 LLC protection with Checkbook IRAs. 31:05 One option is to just dismantle your IRA. 32:40 Traditional vs. Roth IRAs. 35:00 How you actually set up a SDIRA / Checkbook IRA. Resources Mentioned: www.premierlawgroup.net/gre CorporateDirect.com NoradaRealEstate.com MidSouthHomeBuyers.com GetRichEducation.com

#93: U.S. Single-Family Homes rented as income property could be the best investment class on earth today. Here's why, and here's how to be strategic about it. 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: 02:15 Most people mistakenly think "real estate investing" means "house flipping." 04:06 Keith is now a Contributing Author at Kiyosaki's Rich Dad Advisors blog. 06:35 The S&P 500 Index recently closed at an all-time high. Who cares? 08:50 Size of the U.S. single-family rental market. 10:15 Demographic demand for SFHs. 12:35 SFHs: low cost, time value of money, liquidity, divisibility, school district. 16:00 Buy in 3-5 geographic markets. 18:42 Good turnkey providers avoid property in "war zones." 23:04 Recession resistance. 23:42 Condominiums. 24:53 No common walls mean problems are confined. 25:57 Utilities, tenant quality, tenant psychology. 27:46 Autonomous cars and technology. 31:20 Rent-To-Value (RV) Ratios. 32:01 Single-Family Income Property "poetry." Resources Mentioned: Keith's first Rich Dad Advisors blog article CorporateDirect.com NoradaRealEstate.com MidSouthHomeBuyers.com LittleRockTurnkey.com GetRichEducation.com Want a free GRE logo decal? Just write a podcast review. Here's how at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] for your decal.

#92: Garrett Gunderson is our guest today. A polished and articulate speaker, he leads Wealth Factory to help you build wealth with limited risk. He helps you find spendable cash that you didn't even know you had. He tells you why 401(k) plans are awful. 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: 02:33 Garrett was kicked off CNBC for telling the truth about stocks and diversification. 05:12 Where Garrett's "abundance mindset" began. His upbringing in coal-mining Price, Utah. 08:30 A millionaire is not financially wealthy. Think bigger. 11:04 "Financial planners" and "advisors" are just commission-based salespeople. 12:45 Myths to avoid. 15:15 Long-term, stocks return zero or post negative returns. 19:42 Cash flow matters more than net worth. 21:02 Your four types of expenses. 27:03 Discover your "Investor DNA." 30:33 "Budget" should be a swear word. 33:00 How Get Rich Education differs from Dave Ramsey. 34:59 401(k) plans are terrible. 46:10 Find Garrett at WealthFactory.com. Resources Mentioned: WealthFactory.com CorporateDirect.com NoradaRealEstate.com MidSouthHomeBuyers.com GetRichEducation.com Want a free GRE logo decal? Just write a podcast review. Here's how at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] for your decal.

#91: While a rich man digs for gold, a poor man is concerned with the cost of a shovel. Learn how to think like a wealthy person, and make it actionable. Learn what Keith did during his typical week. Doing this yourself will build your wealth. 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: 02:50 Most financial advice is flawed and limiting. 04:14 Are you living your dreams or living your fears? 06:50 Delayed gratification. 09:00 401(k)-type contributions crush your current lifestyle. So what's the answer? 12:38 Why would anyone contribute to a 401(k)? 15:13 Here's exactly what Keith did this week himself that can build your wealth. 18:17 Actionable step on how to increase your property's cash flow. (Loss runs.) 24:54 Keith applied for a 100% loan-to-value HELOC on his own home. He wants every last penny of equity pulled out of his home. Here's why. 30:42 Refusing a REIT advertisement. 31:57 A smart GRE listener has these two great questions for Keith: reserves, cutting expenses, living below your means. 38:35 A new way to think about real estate problems. 40:04 Looking for turnkey income property? Do this. Resources Mentioned: CorporateDirect.com NoradaRealEstate.com MidSouthHomeBuyers.com GetRichEducation.com Want a free GRE logo decal? Just write a podcast review. Here's how at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] for your decal.

#90: Harry Dent is our guest today. His fantastic predictions - like the Dow Jones cratering to 6,000 by early next year - get noticed because the depth of his research is so extensive. Harry authored the popular book "The Demographic Cliff." Learn what Harry thinks about demographics, markets, and cash-flowing real estate in the turmoil ahead. 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: 04:11 Why it is more difficult than ever to make economic predictions today. 06:06 Stock markets are overvalued and due for a fall. 07:40 Demographics are powerful in making predictions. 08:03 Money printing. 09:50 Dow Jones Industrial Average to 6,000 by early next year? 11:45 Renting property for positive cash flow. 13:27 Vacancy rates - U.S., China. 14:33 Real estate bubble? What do you do? 16:08 Predictions: Real Estate vs. Stocks. 17:30 Demographics' historic influence on real estate. 20:58 The two reasons for buying real estate today. 24:00 More people are renting homes rather than buying homes. 29:34 How bad will the economic crash get? 33:25 Don't keep money in the bank or gold, but in this surprising place! 37:43 Gold to $700 an ounce in the next few years? $400? 39:28 The Demographic Cliff. 42:30 Can technology save us from an economic crash? Resources Mentioned: HarryDent.com CorporateDirect.com NoradaRealEstate.com MidSouthHomeBuyers.com GetRichEducation.com Want a free GRE logo decal? Just write a podcast review. Here's how at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] for your decal.

#89: Little Rock, Arkansas is the capital of what some have called "The Most Landlord-Friendly State in the U.S." Brian Teeter and Jeremy Veldman from LittleRockTurnkey.com tell us about the market drivers, management, and properties. 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: 03:48 Keith made a field trip to investigate the Little Rock, AR income property market. 09:14 Market drivers - medical, finance, capital city, population growth, low cost of living, short commutes. High economic diversity. 13:47 Kiplinger's recently rated Little Rock as the #1 Place To Live. 15:05 Employment, job growth, population growth. 16:32 Is Arkansas the most landlord-friendly state in the U.S.? 21-day eviction. 17:53 Provider's buying criteria: neighborhood, desirable amenities, safety, property age. 21:04 Better areas, better finishes, better tenants = better investments. 21:52 Price point often $85K - $100K. Rent-to-value ratio. 23:33 Appreciation rate. 26:18 Character of renters. 30:16 Management structure. 31:45 Tenant qualification. 34:12 Extent of turnkey renovations: often new roof, HVAC and water heater. HW floor, LVP, vanities, bathrooms, etc. 40:03 Warranties. Not many Section 8 tenants in their portfolio. 43:52 Little Rock Turnkey offers tours. 44:33 LittleRockTurnkey.com | (501) 951-7100 | [email protected] Resources Mentioned: Little Rock Turnkey Corporate Direct Norada Real Estate Mid South Home Buyers Get Rich Education Website Want a free GRE logo decal? Just write a podcast review. Here's how at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] for your decal.

#88: Learn how to predict real estate prices by looking at the direction of supply & demand, available land, migration patterns, financing and more. Fascinating! 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: 02:26 Why Keith is happy that he sold all his stocks two years ago - even though they're 8% higher now. 05:47 The FIVE ways that real estate pays you simultaneously. 10:06 Most RE investors "get rich in a niche." David is a generalist. 11:48 Many cash flow RE investors actually get more profit from appreciation. 14:40 Price vs. Value. 16:43 Land. 20:35 Supply, Demand, and Capacity To Pay. 27:15 Market cycles. 35:15 The "U-Haul Factor." 36:35 Financing's role in predicting RE prices. 45:02 Inflation vs. Deflation. Resources Mentioned: Hassle-Free Cashflow Investing Corporate Direct Norada Real Estate Mid South Home Buyers Get Rich Education Website Want a free GRE logo decal? Just write a podcast review. Here's how at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] for your decal.

#87: This clever technique can significantly boost your cash flow in your existing buy-and-hold real estate portfolio. 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: 02:48 To become wealthy with real estate, you don't need any formal education or family connections. 05:09 With turnkey real estate investing over the long-term, you get: good returns, more control, less hassle. 07:18 A question about the 1% rent-to-value ratio from a Chicago listener. 12:31 How to use "lifestyle" real estate to help your "long-term buy-and-hold" real estate. 14:00 How to market this clever technique. 16:09 Benefits: better tenants, better occupancy, timely rent payments. 18:36 Vacation rentals in the U.S. vs. outside the U.S. 22:00 Management and maintenance structure of vacation rentals. 26:28 This technique can make your vacation rentals more successful too. 30:55 Foreign property ownership structure. 33:10 Interpreting foreign property contracts. 34:35 Governments cracking down on weekly rentals. 35:43 Your vacation rentals should be bought so that they would cash-flow as long-term buy-and-holds. 36:33 Diversification. 38:47 Do this yourself, or Kira Golden can help you get started: DirectSourceWealth.com/Portfolio Resources Mentioned: Direct Source Wealth Corporate Direct Norada Real Estate Mid South Home Buyers [email protected] Get Rich Education Website Want a free GRE logo decal? Just write a podcast review; here's how at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] for your decal.

#86: Ken McElroy is our guest today. He's the Rich Dad Advisor for real estate, controls more than 10,000 residential units, and is one of the best-known and most successful real estate investors in the United States. He reveals where he finds his deals today! Learn about how you can profit by acting just like the bank does. 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 Keith brings you today's show from Alyeska Resort in Girdwood, Alaska. 05:50 When real estate prices rise, cap rates fall. 7:58 Can't beat the bank? Then BE the bank. Here's how. 14:16 Why are (uninformed) people still saving money? 18:50 Here's where Ken McElroy is finding his deals today. Primary, secondary, tertiary markets. 24:15 When oil prices fall, how soon does it hurt a real estate market? 28:17 Why Ken avoids buying in the U.S. Northeast, Southeast, and upper Midwest. 34:02 Demographics. 36:42 Self-storage units, mobile home parks, luxury real estate, resorts, office, retail, efficiency apartments. 40:40 So many news articles pertain to real estate somehow. 41:36 KENFlix - Ken's instructional video series. 45:10 Say you've been given $10 million. Here's how to deal with it. Resources Mentioned: Ken McElroy's company KenFlix Corporate Direct Norada Real Estate [email protected] Get Rich Education Website Want a free GRE logo decal? Just write a podcast review; here's how at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] for your decal. Keith Weinhold: Hey, welcome to GRE. This is Get Rich Education episode 86. I'm your host, Keith Weinhold. Here's hoping that you've lived an abundant week. I'm back to help you build wealth for yourself. What we're talking about is very realistic, extra income and life-changing income for the average Joe here and you won't end up as an average Joe. You will be able to do what most people can't because you did what most people wouldn't. Today, we're talking to one of the best known real estate investors in the nation that is Rich Dad advisor, Ken McElroy. Ken's contributed to our real estate investing education industry with countless real estate investing books both inside and outside the Rich Dad series and at last check, he controlled more than 10,000 real estate units. I recorded Ken and I's chat the other day when I was in Anchorage. Today, I'm bringing you this show from the Alyeska Prince Hotel at the fantastic Alyeska Resort here in the rain-forested, ski community of Girdwood, Alaska. Although summer is in full swing now, this is the premier ski resort in the entire state of Alaska in the winter time. In this time of year, we're enjoying the spa-like amenities, the really luxurious accommodations and there's an aerial tram that will ride up the mountain later today. Really a fantastic scene here at this resort nestled in the Chugach mountains. Now, if you look down lower, you can see tidewater. You can see sea level here and if you look up higher, you can see at least five hanging glaciers from this vantage point. You have the paradox of seeing blue Alaska glaciers but because you're near sea water, you can also see seagulls. Interestingly here in Girdwood, this adjacent forest is recognized as the northernmost rainforest on earth and its climate is distinctly different from that of my home in Anchorage which is just about 40 miles north of here. I think you'll like this Ken McElroy interview today. If you've ever been around Kenny, he's very easy to talk to and by the end of this thing, we're just chatting as I'm throwing questions and ideas out there. He joins me from the Phoenix area today, Scottsdale, Arizona and this is his second Get Rich Education appearance, so here we go. From the early days of managing properties for others, to being a well-known investing guru and successful entrepreneur, Ken McElroy has considerable experience in property management as well as real estate investing in both Phoenix Arizona and across the United States with 26 plus years of elite level experience under his belt. He has offered his fans multiple real estate investing books and is a longstanding Rich Dad advisor to the author of the Rich Dad, Poor Dad series, Robert Kiyosaki. Ken's true passion to educate others has led him to speak internationally on real estate investing, entrepreneurship and the keys to financial freedom. Welcome back to Get Rich Education for your first appearance since you were here on episode 25, Rich Dad advisor, Ken McElroy. Ken McElroy: Hi, Keith. Thank you. Great to be on your show again. Keith Weinhold: Hey, it's good to have you back. It was good to see you [inaudible 00:04:57] a few months ago as well. How are things going there? When you think about Ken McElroy, I think about the MC Companies deals that you syndicate. You know what, five years ago, I was

#85: If you want more property, not less, you'll structure your financial life to leverage more income property loans for yourself. Graham Parham, Senior Mortgage Loan Officer with Highlands Residential Mortgage in north Texas, talks down payments, debt-to-income ratios, credit scores, reserves, the overall lending environment, Refinancing vs. a 1031 Exchange, HELOCs and more. 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: 04:11 The last housing crash was primarily due to irresponsible lending practices. 05:18 We're talking only about about 1-4 unit income property loans today, not primary residences. 06:02 The mortgage industry is preparing to loosen lending guidelines. 09:22 Reserve requirements - 100% of retirement assets count, up from 60%. 10:48 How to use the lowest down payment possible on a conventional loan. 11:39 Minimum down payments: 20% on single-family homes, 25% on 2-4 unit properties. Credit score requirements. 14:16 Debt-to-income ratio. 15:46 HELOCs - Home Equity Lines Of Credit. 18:37 Interest rates are about ½% higher for income property than primary residences. 19:30 Minimum loan amounts. 21:21 Are Interest-Only loans coming back? 24:48 With your equity buildup, should you do a Cash-Out Refinance or a 1031 Exchange? 28:00 Seasoning, gifts. 29:07 Rapid Rescore. 30:46 LLCs. 33:48 Must a husband and wife both be on a loan application? 34:57 Financing 10 to 20 properties. 36:25 FHA loans. 42:30 Back in 2006, this is how loose and easy lending guidelines were. 44:00 Keith recaps some takeaways from today. Resources Mentioned: Graham Parham or 855-326-6802 Texas Investor Loans Corporate Direct Norada Real Estate [email protected] Get Rich Education Website Want a free GRE logo decal? Just write a podcast review; here's how at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] for your decal.

#84: Robert Kiyosaki is our guest today. He tells us about his friendship with Donald Trump, why he's buying oil, discusses the four types of intelligence, and tells us about his long-predicted Economic Crash. 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: 02:24 Kiyosaki has influenced Keith's investing thoughts more than anyone else. 04:17 A 401(k) is not a good investment. Why not? It doesn't pay you. You pay it. 06:46 The words you use help define the life you live. Examples: "cash flow" vs. "budget" and "saving money" vs. "getting liquid." 09:54 "Rich Dad, Poor Dad" meaning, and global reach. 19:36 What Kiyosaki learned from Donald Trump. 22:04 Four types of intelligence: IQ, EQ, PQ, SQ. 24:25 Savers are losers. Why would you save money? 25:24 Economic Crash of 2016? 27:54 Robert has lost money in business, but not in real estate. 30:05 How to invest $100,000 today. 33:38 Kiyosaki is buying oil. 36:50 Giving to others. 38:00 Good Debt vs. Bad Debt. Fiscal vs. Economic. 40:38 Studying and learning leads to winning at investing. 42:09 QE, Inflation, and Gold. 46:53 Interview recap. 48:21 Instead of saying "It Can't Be Done," ask "How Can It Be Done?" 51:09 Don't live below your means, expand your means. Resources Mentioned: Rich Dad, Poor Dad Rich Dad Website Corporate Direct Norada Real Estate [email protected] The Real Estate Guys Investor Summit At Sea Get Rich Education Website Want a free GRE logo decal? Just write a podcast review; here's how at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] for your decal.

#83: When should you turn your little green rental houses into a big red apartment building? Keith and Michael Blank from Bigger Pockets discuss this. Get profit-boosting tips on both buying apartment buildings, and syndicating them. 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: 02:38 Would you rather have 40 single family homes or 40 apartment units? 05:04 Tenant mix. 10:00 Michael transitions from the pizza restaurant business into raising money for real estate. 11:58 Running out of money is not your problem. It's your opportunity. 12:31 RE Investor vs. RE Entrepreneur. 13:25 For syndicators, it's easier to find the money than the apartment deal. 14:52 How do you find "the deal" today? 15:55 How do you get your offer accepted in a competitive climate? 21:26 Panama coffee parcel discounts up until June 30th. 23:32 Ways to increase a property's NOI and cash flow. 28:06 Valuation advantages of apartment buildings over smaller properties. 29:14 How to get started in apartment building investing. 33:05 Mentally moving yourself from an RE Investor to an RE Syndicator. 34:32 Real estate problems and lessons. Michael's worst deal turned out well. 39:30 In life, "Be Intentional." 43:20 Keith's take on some expenses that apartment investors fail to consider. Resources Mentioned: TheMichaelBlank.com/GRE - Get Michael's free e-Book. "The Secret To Raising Money (To Buy Your First Apartment Building)". Rich Dad, Poor Dad - Life-changing Robert Kiyosaki book cited by Michael. Get a Proof Of Funds letter for $5 - https://cogocapital.com/lp/home/get-a-proof-of-funds-letter/ Loopnet.com | Ccim.com | Ten-x.com - Resources for apartments, deals, and brokers. CorporateDirect.com - Garrett Sutton's company builds your business structure and protects your assets. Mention "Get Rich Education" for a free bonus. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. [email protected] - Send an e-mail here for coffee parcel discount. MidSouthHomeBuyers.com - Top-Notch turnkey rental property in Memphis, Tennessee. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We'll send you one if you write a podcast review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] for your decal.

#82: Your offer is accepted, your Earnest Money goes into to escrow, then your property has an Inspection, Appraisal, and more - all the way to closing. We discuss those steps, tell you what your action items are, and discuss how long the income property-buying process takes. 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: 02:00 Robert Kiyosaki will be our guest in two weeks. 04:11 Why we're embarking on the best decade ever for income property investing. 05:41 Why would anyone sell you a cash-flowing property? Many reasons given. 11:59 How to identify a winning income property: RV Ratio, eliminate your emotion, turnkey buying. 17:48 Investors get excited by the next deal. Remember to protect what you have. 19:20 What your Mortgage Loan Officer needs from you. Pre-approval letter. 20:22 Can you negotiate the property price with turnkey providers? Yes. 21:15 Submitting your Earnest Money. 23:03 Get a professional Property Inspection. What to expect. 27:17 Your Property Management Agreement. 28:21 Property Insurance. 29:18 Get a relationship with your Property Manager. 31:42 Your Property Appraisal. 33:23 Mobile Notary. 35:42 Real estate's lack of liquidity contributes to its price stability. 36:14 You need to act. You won't make money from the property that you don't own. Resources Mentioned: CorporateDirect.com - Garrett Sutton's company builds your business structure and protects your assets. Mention "Get Rich Education" for a free bonus. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. MidSouthHomeBuyers.com - Top-Notch turnkey rental property in Memphis, Tennessee. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We'll send you one if you write a podcast review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] for your decal.

#81: At age 22 he was broke, clueless, and sleeping on the floor of a small home with ten other broke college guys. Then Sean Gray started to ask himself better questions. Within six months, he was making $10K+ per month, travelling the world, meeting his business heroes and "being who he is becoming." Today, at just age 24, he's an author, speaker, international real estate investor, business owner, and Rich Dad Education rep. Sean is the son of The Real Estate Guys' Russell Gray. 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: 03:12 Sean Gray Interview begins. 04:50 Sean's father taught him how to think, and how to ask himself better questions. 07:10 Being unemployable. 08:37 Did Sean get any financial education in high school or college? 10:37 Sean's top three keys to success: 1) Change how you think. 2) Get a mentor. 3) Change the people you're around. 11:53 Sean's income comes from sales. 13:00 How Sean was introduced to Rich Dad Education. 16:45 How does Sean answer the question: "What do you do?" 17:56 "Start retired. Don't live to get paid; get paid to live." - Sean Gray 22:16 Why real estate? 26:42 One must unlearn before they can learn. 401(k)s and home equity. 29:31 Changing from scarcity to abundance. 31:50 Most people don't even know what they want in life. They want freedom. 35:15 Can technology and Millennial entrepreneurship save us from an economic crash? Resources Mentioned: RealWorldMasters.com - If you want to escape The Rat Race, check out Sean Gray - especially if you're a Millennial. Books: "Rich Dad, Poor Dad" by Robert Kiyosaki | "Turning Pro" By Steven Pressfield | "Outwitting The Devil" by Napoleon Hill NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. CorporateDirect.com - Garrett Sutton's company builds your business structure and protects your assets. Mention "Get Rich Education" for a free bonus. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] We'll send you a GRE logo decal.

#80: Think you lack the time to invest in real estate? Consider Gino Barbaro. Gino is a husband, father of six, longtime former restaurant owner, and controls $32M of property along with his business partner, Jake Stenziano. They're the two authors of "Wheelbarrow Profits: How To Create Passive Income, Build Wealth, and Take Control Of Your Destiny Through Multifamily Real Estate Investing." It shows you dramatic, actionable ways that Jake and Gino increase property cash flows. 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 Robert Kiyosaki will appear here with Keith next month. 03:57 GRE has a new Recommended Reading List: GetRichEducation.com/Read 04:48 What Keith dislikes about one popular RE investing book. 07:40 Millionaires are not wealthy. You heard that right. 08:46 Guest interview begins. 15:30 Business partnerships - what makes them work? 19:50 Wheelbarrow analogy - Two legs: buying & financing. One wheel: managing. 26:02 How to identify a building for "wheelbarrow profits." 30:15 Here's how to find a "motivated seller." That's where the deals are. 31:19 Increasing property NOI and cash flow with "repositioning" within two years. 36:10 Negotiation tips and strategy. Gino shares the emotional roller coaster of dealmaking. 42:48 What you must do when you take over a building that you just purchased. 46:28 How to fill a vacant unit quickly. Resources Mentioned: JakeandGino.com - Website of today's guests. Wheelbarrow Profits - Amazon book page. RentOMeter.com - Find local market rents. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. CorporateDirect.com - Garrett Sutton's company builds your business structure and protects your assets. Mention "Get Rich Education" for a free bonus. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] We'll send you a GRE logo decal.

#79: To be financially free, you must convert your equity into cash flow. Here's how. When you have money, are you led to temptation and "buy high"? When you need money, are you tempted to "sell low?" Learn how to break that behavior. Financial freedom through real estate recently enabled our guest to move from urban California to an Oregon farm. 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: 02:50 Financial freedom via real estate enabled David to move from urban California to an Oregon farm and orchard. 06:35 Once you know your "compelling why" it will embolden you. You act. 09:39 Quit trading your time for money. 12:53 Your Personal Investment Cycle versus the Market Cycle. 14:53 The essential investor resources of cash, cash flow, equity, credit. 17:17 Investing for profits vs. investing for wages. 22:30 What to do when your personal investment desires don't match with market cycles? Buy high? Sell low? No. 25:02 Keith and David don't invest much in the stock market; but here's why they watch it. 28:25 Low interest rates continue to be a great opportunity. Here's why. 36:10 Cap rate minus interest rate equals your profit. 41:06 A cash dollar is different than an equity dollar. Resources Mentioned: HassleFreeCashFlowInvesting.com - David Campbell's videos, blog, webinars, opportunities, and investor resources. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. CorporateDirect.com - Garrett Sutton's company builds your business structure and protects your assets. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] We'll send you a GRE logo decal.

#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 1-855-74-RIDGE. Call them today. Why? They specialize in income property loans & can finance up to 35 rental properties for you. MidSouthHomeBuyers.com - Cash-Flowing turnkey real estate in Memphis, TN. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] We'll send you a GRE logo decal.

#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 the turnkey seller and the property manager be in the same company? 38:31 Always get a home inspection. 41:30 Linear, cyclical and hybrid markets. 42:29 The best U.S. geographic markets today for buy-and-hold real estate investors. 43:55 Rent-To-Value ratios of 0.9% to 1.2% today. 45:00 Is turnkey RE investing too good to be true? Resources: PassiveRealEstateInvesting.com - Free investor education from Marco Santarelli. 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 rental properties for you. Robert G. Allen's Amazon books page GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] We'll send you a GRE logo decal.

#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. RidgeLendingGroup.com or 1-855-74-RIDGE. Call them today. Why? They specialize in income property loans & can finance up to 35 rental properties for you. GetRichEducation.com/Coffee - Get the free report on cash-flowing coffee farmland, with parcels titled to you. Fiverr.com | Upwork.com | HireMyMom.com - Where Keith outsources his tasks. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] We'll send you a GRE logo decal.

#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 financing today. 27:15 What is a "non-recourse" loan? 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 rental properties for you. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] We'll send you a GRE logo decal.

#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 rental properties for you. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] We'll send you a GRE logo decal.

#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 rates vs. Capital Gains taxes. 26:10 How the Real Estate Professional designation helps you. 30:14 The best tax advisor firms are proactive. They anticipate. Resources: ProvisionWealth.com - Tom Wheelwright's tax and wealth strategy firm. Tax-Free Wealth book - Tom Wheelwright's great book, which Keith owns. RidgeLendingGroup.com or 1-855-74-RIDGE. Call them today. Why? They specialize in income property loans & can finance up to 35 rental properties for you. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: [email protected] We'll send you a GRE logo decal.

#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 planning. 23:15 Capital improvements vs. repairs. 24:54 Routine property inspections. 26:48 How to get tenants to treat property with respect, and stay longer. 32:15 PM fee structures - how to avoid getting ripped off. 34:41 How to avoid getting ripped off from PM "overmaintenance." 35:33 Tips to increase occupancy. 39:05 How to add value to a property. 40:34 Pet policies and rental units. 43:40 PM reporting to you as the investor. Resources: RPMLastFrontier.com - Kassandra & Erik Boltman's Property Management company. Contact: (907) 268-4776 or [email protected] Kassandra's book "Pain Or Profit - Secrets Of Profitable Rental Property Investors" RidgeLendingGroup.com or 1-855-74-RIDGE. Call them today. Why? They specialize in income property loans & can finance up to 35 rental properties for you. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#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 or deflation? 30:18 Would deflation lead to a housing crash? 33:07 Will the Fed "save the day" if we tip into deflation? 37:25 Triggers of a housing crash - what to look for. 39:50 How to profit yourself by aligning your interests with government policy. Resources: DanielAmerman.com - Daniel Amerman's website. Free resources. RidgeLendingGroup.com or 1-855-74-RIDGE. Call them today. Why? They specialize in income property loans & can finance up to 35 rental properties for you. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#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. 30:52 How much to offer for an income property. 33:25 Due diligence outside the raw numbers. 36:05 Projecting future property value. 39:45 Why are cap rates different across the U.S.? 43:05 Software to help investors make projections. Resources: RealData.com - Real Estate Investment Software by Frank Gallinelli Learn.RealData.com - Video-based course by Frank Gallinelli What Every RE Investor Needs To Know About Cash Flow - Frank's popular book InternationalCoffeeFarms.com - Cash-Flowing Panama Coffee Farm parcels where you own the land. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#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. InternationalCoffeeFarms.com - Cash-Flowing Panama Coffee Farm parcels where you own the land. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#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 info. and pricing. WeGoLook.com - Hire people to look at your more distant properties. SquareSpace.com/Logo - Generate a quality Logo quickly & inexpensively, USLegal.com - Legal forms and property rental forms. State-specific. RingCentral app - Dedicated phone number for your business - calls, texts, faxes. Free. Pro HDR app - App for beautiful photography. Costs $1.99. HomeClick - Property improvement hardware. Landlordology - Rental advice, tips, resources. Lighter Side of Real Estate - Laugh a little! Bls.gov and City-Data.com - Economic and real estate market research. NeighborhoodScout.com - Market research specifically geared to RE investors. Monthly fee. HomeSnap app - Take a photo of the outside of a home, see photos of the inside of a home! Property Tracker app - Real estate market and demographic detail. Property Evaluator app - Do a quick APOD or P&L in under five minutes. See how the property cash flow. Landlord app - Property management on-the-go. DocuSign - Send & sign documents remotely. Loopnet.com - Commercial real estate searches, includes some residential. Dropbox - Slick, easy file-sharing app. Mortgage Calculator app - Estimate monthly mortgage payments. OpenFolio.com - Share & compare yours' and others' portfolios. Kitco app - Slick app for up-to-the minute precious metals price charts. BullionDesk.com - Another minute-by-minute precious metals pricing source. InternationalCoffeeFarms.com - Cash-Flowing Panama Coffee Farm parcels where you own the land. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#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 Residential Partners - level of rehabilitation, guarantees, investor relations. 38:10 Where is your money? The world already has it. Resources: GaInvesting.com or call (770) 924-5250 for Georgia Residential Partners. Book - What Every Real Estate Investor Needs To Know About Cash Flow by Frank Gallinelli InternationalCoffeeFarms.com - Cash-Flowing Panama Coffee Farm parcels where you own the land. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#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. 33:09 This is what broke people (broke mindsets) say. 34:03 Want to accumulate liquidity faster? Don't get a part-time job. Do this instead. 35:58 Passive income from real estate versus: patent royalties, trademarks, original works of art, stock dividends, etc. 37:40 When you were a kid, your parents never told you, "Don't be broke." Resources: "How To Win Friends and Influence People" - The classic Dale Carnegie self-help book Business Insider article quoted: BusinessInsider.com/rich-people-choose-friends-2014-12 VisualCapitalist.com MidSouthHomeBuyers.com or call (901) 217-4663 for Top-Notch Turnkey Rental Properties. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#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. 26:56 Exit Strategy - your options for selling both property types. 30:09 Keith selects which property type he thinks is better in 2016 and 2017. Resources: GetRichEducation.com/Events - Learn about The Real Estate Guys Investor Summit At Sea. MidSouthHomeBuyers.com or call (901) 217-4663 for Top-Notch Turnkey Rental Properties. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#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 important today because you no longer work for the same company for 30 years. 27:28 Having zero online profile can be nearly as problematic for you as having a negative profile. 29:52 Trusted advisors help build your brand. Resources: DorieClark.com and DorieClark.com/Join MidSouthHomeBuyers.com or call (901) 217-4663 for Top-Notch Turnkey Rental Properties. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#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 tragedy of self-management is that you've lost your time. 38:48 Be financially free, not debt free. Resources: MidSouthHomeBuyers.com or call (901) 217-4663 for Top-Notch Turnkey Rental Properties. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#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 "Low-hanging fruit" ways to save on your taxes. 35:32 Tom believes in focusing on an investment niche. "A niche makes you rich." Resources: ProvisionWealth.com - Tom Wheelwright's Tax and Wealth Strategy firm. TaxFreeWealthBook.com - Tom Wheelwright's popular book, Tax-Free Wealth. MidSouthHomeBuyers.com or call (901) 217-4663 for Top-Notch Turnkey Rental Properties. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#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-advantaged geographic markets. 25:19 Harvesting & re-deploying accumulated equity results in better RE returns in an appreciating environment. 25:56 Keith's take: Return ON Equity (ROE) vs. Return FROM Equity (RFE). 28:02 "Market Agnostic." You'll often want to invest in RE outside your home market. 30:15 People invest in "out of market" stocks, but curiously they doubt investing in "out of market" real estate. That's nonsense. Resources: How human emotion makes you lag the stock market: Longer article from Wall Street Journal. Shorter article from BP Wealth Advisors. MidSouthHomeBuyers.com or call (901) 217-4663 for Top-Notch Turnkey Rental Properties. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#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 Farm Foreman whom is an Agronomist. This team understands management of people and soil. 18:22 An on-site coffee processing mill is being added. This provides coffee traceability. 20:28 A coffee laboratory exists nearby for coffee grading and scoring. 22:12 Coffee is scored on attributes like: taste, aroma, acidity, and body. 27:44 International Coffee Farms' longer-term goals and future. 29:28 How this investment protects you from creditors and predators. 30:58 Deeded parcel ownership for investors. 33:40 Your price per parcel and your projected ROI. 35:08 The next investor group tour. 36:16 You can invest with either cash or IRA funds. 39:09 The $500 IRA setup fee is waived for GRE listeners that register their interest (no obligation to act) at GetRichEducation.com/Coffee by Feb. 29, 2016. 40:18 This is a long-term investment. Your first investor cash flow check is typically received 12-15 months after your parcel purchase. 42:36 As an investor, ask "How am I doing good in the world?" 43:15 After the coffee tour, Keith & a GRE listener climbed Panama's highest mountain together. Resources: GetRichEducation.com/Coffee - Register here to receive your free investor report, and for a $500 discount on IRA setup through Feb. 29, 2016. (No obligation to act). scaa.org - Specialty Coffee Association of America. This is coffee's international quality scoring system. MidSouthHomeBuyers.com or call (901) 217-4663 for Top-Notch Turnkey Rental Properties. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#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 company under one roof. 18:04 MidSouth now has their own warehouse. This reduces maintenance costs. 21:00 Renovating to "retail standards" vs. "rental standards." 24:06 Memphis submarkets and neighborhoods. 28:12 Single family homes often work best for Memphis cash flow. 29:17 In Memphis, tenants supply their own appliances! 31:01 In Memphis, one utility company supplies: water, wastewater, gas, and electricity. 32:30 Tenant qualification. 34:08 Occupancy is currently 98%+ in an 1,155-unit management portfolio. 35:35 Warranties and guarantees to investors. 36:30 The vital importance of property management. 38:52 Why the distribution business sector is more durable in supporting cash-flowing real estate income streams. 40:02 You'll spend about $15K-$19K as a down payment & closing costs to invest in these cash-flowing homes. Resources: MidSouthHomeBuyers.com or call (901) 217-4663 for Top-Notch Turnkey Rental Properties. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#58: What is "seller financing" of real estate? Why might you want to use it? David Campbell of Hassle-Free Cash Flow Investing is our guest 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: 01:14 Keith is in coastal San Juan Del Sur, Nicaragua today. 05:18 What is seller financing? 08:06 Why use seller financing? 10:08 Examples of creatively structuring a purchase offer with seller financing. 13:42 When a buyer needs to educate a seller. Hint: talk about the "benefits" to motivate the seller. 21:07 Other names for seller financing are: seller carry, carry-back financing, "subject to," "carrying paper." 21:58 The Due-On-Sale Clause. 23:53 What part of the market cycle does seller-financing work best in? 27:58 How do you FIND a seller-financed deal 28:49 Drawing up documents for a seller-financed contract. Use a Letter Of Intent. 30:46 Risks with this technique. 31:58 When you sell your own property, why you should offer seller financing. Resources: HassleFreeCashFlowInvesting.com - David Campbell's website, full of investor educational resources. MidSouthHomeBuyers.com or call (901) 217-4663 for Top-Notch Turnkey Rental Properties. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#57: Keith comes to you from Little Rock, Arkansas today. Our guest is Old Capital Lending's Michael Becker of Dallas, TX, to tell us about originating Multifamily Apartment Building loans. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter. 2) Receive Turnkey RE webinar opportunities. Listen to this week's show and learn: 01:05 Keith is in Little Rock, Arkansas this week for an investment real estate tour. 04:53 Michael Becker of Old Capital Lending appears. 06:50 Single Family Homes vs. Multifamily Apartment advantages / disadvantages. 08:57 Recent happenings in this lending space. 10:20 Loans for 5+ unit residential property are called commercial loans. 11:55 Multifamily commercial loans are primarily qualified by the asset, not the borrower. 15:48 Residential 1-4 lending is like a formulaic science; multifamily commercial 5+ is closer to an art. 17:48 Debt Service Coverage Ratio (DSC or DCR). 1.25 minimum is typical. 19:00 How much liquidity do you need for a multifamily loan? 21:12 Borrower credit scores. 24:10 Loan duration. 26:08 Balloon payments, Pre-payment Penalties, Assumable Loans. 29:26 Recourse vs. Non-Recourse Loans. "Bad Boy Carve Outs." 31:26 Can you buddy up with friends to buy a big apartment building together? 34:38 Qualifying for multifamily property loans out-of-state. 35:49 Higher closing costs for apartment building loans 39:32 How many states does Old Capital lend in? Resources: OldCapitalLending.com - Multifamily / commercial lending. SPIAdvisory.com - Michael Becker's syndicating company. MidSouthHomeBuyers.com or call (901) 217-4663 for Top-Notch Turnkey Rental Properties. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]

#56: Learn today's financing qualification requirements for investment property with Caeli Ridge, Owner and CEO of Ridge Lending Group. This pertains to conventional financing of: single family homes, duplexes, triplexes and four-plexes that you do not intend to occupy. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, 2) Receive turnkey RE webinar opportunities. Listen to this week's show and learn: 00:52 If you want to control more property, you need good loans. 04:50 Compared to last year, are borrower requirements more rigid or more lax? 07:39 Your credit score, debt-to-income ratio, percent down payment, reserve requirement. 12:46 Qualifying for your first 4 properties is different from your 5th through 10th financed properties. 15:47 Qualifying for your 11th through 35th financed properties. 17:13 Can foreign buyers qualify? Also, LIBOR comments. 19:28 Maximizing your cash-on-cash return when structuring a financed offer. 21:21 Buying income property outside the state where you reside. 22:44 Minimum loan amount is $50,000 to $60,000. 26:10 What is a Good Faith Estimate? 27:58 Closing costs - what are they and where do they all come from? 30:58 Why you would want to pay a 2% Origination Fee rather than 1%. It's by paying 1 Discount Point to "buy down" your interest rate. 32:55 Recording costs, transfer taxes, escrow charges, appraisal fees, processing fees. 36:02 Title Insurance Resources: RidgeLendingGroup.com MidSouthHomeBuyers.com or call (901) 217-4663 for Top-Notch Turnkey Rental Properties. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Turnkey Cash-Flow Investment Property. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. To get a free GRE logo decal for your review, send: 1) A screenshot of your review. 2) Your mailing address to: [email protected]