Passive Real Estate Investing

Wealth Factory founder Garrett Gunderson believes that the only way to protect your wealth is to make an impact in the world and face the future armed with the right gear and knowledge. In this episode, he talks about investing in and treating yourself as your greatest asset. Garrett goes deep into defining what is the investor DNA and why it matters when looking for things to invest in. Furthermore, he talks about economic independence and how it differs from financial freedom, all the while tackling how to avoid deferral and spending, build up your liquidity, and expand your means. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! Learn more about your ad choices. Visit megaphone.fm/adchoices

Ask Marco - Should We Buy as a Homeowner to Get the Lower Down Payment? Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate has laws that you can follow to make your job regulated and meaningful. Full-time real estate investor Joe Fairless walks us through the three immutable laws of real estate investing, going deep into buying for cashflow, securing long-term and low leveraged debt, and having adequate cash reserves. Joe notes that being aware of these laws and implementing these into action can bring significant progress to your real estate endeavors. On the side, he also shares his journey and the catalyst that brought him towards syndication along with the great real estate lessons he learned from the 2008 downturn. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! Learn more about your ad choices. Visit megaphone.fm/adchoices

Ask Marco - Turnkey Investing vs Active Strategies | PREI 165 Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . Learn more about your ad choices. Visit megaphone.fm/adchoices

Leaving your full-time job to become a full-time investor certainly has pros and cons, and it’s not necessarily for everybody. In this episode, Marco Santarelli talks to Lane Kawaoka about the pros and cons of going into full-time real estate investing, what he’s learned from the journey, and some things that you never thought about to help you see if it’s the direction you want to go. Lane Kawaoka is the Principal at Simple Passive Cashflow. He was a full-time civil engineer from Honolulu, Hawaii who is now a full-time real estate investor with a portfolio of single-family homes in Seattle, Birmingham, Atlanta, Indianapolis and Pennsylvania. Join Marco and Lane to understand the beauty of the real estate world through Lane’s investing journey. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! Learn more about your ad choices. Visit megaphone.fm/adchoices

Ask Marco - Accredited Investor Qualifications and Benefits | PREI 163 Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . Learn more about your ad choices. Visit megaphone.fm/adchoices

Many brilliant men are doing so many brilliant things, yet many of them can’t say that their family’s most important financial information would be easily found if something happened. Many of them don’t even have a written will. Learn how to remove the stress of not being prepared financially for you and your family and prepare to think about things you haven’t thought about before as host Marco Santarelli is joined by successful real estate investor Jay Gabrani to talk about financial preparedness and getting your financial house in order. This is an episode you don’t want to miss. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . Learn more about your ad choices. Visit megaphone.fm/adchoices

Ask Marco - Do providers mark up the price to hit the 1% Rule? | PREI 161 So today we get a question coming in from Dave. In fact, this came in yesterday or the day before and it is related to the ask Marco episode I did last week about the rent to value ratio. And this one is actually a little bit more specific cause he's referring to it as the 1% rule, which a lot of people refer to it as and he says, Hi Marco. I've been a fan of your podcast for years now you provide great investing insight and knowledge in a trustful non-objective manner. Thank you for that. As you being in the turnkey business, can you explain why the 1% rule seems to be the baseline in the rent to value ratio? Sometimes it's a little over and under, but usually close when looking at the turnkey listing. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you!

Passing on a wealth of wisdom about various topics, Paul Moore, a Managing Partner of Wellings Capital, takes us into an eclectic ride that sheds light on what is going on in his life, how he attained success, and what is taking place in the world that very much affects us without our knowledge. As a finalist for the Ernst & Young Michigan Entrepreneur of the Year for two years straight, Paul shares his rags-to-riches story from having $1.5 million in the bank to $2.5 million in debt, and then back again. He also talks about his monumental task of raising money to thwart human trafficking while telling us the importance of the “big why” for investors, entrepreneurs, and executives. Going deeper into his life as an investor, Paul broke down the three subcategories of the passive real estate investing model. Discover great insights from Paul and create wealth for yourself that is far-reaching. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! Learn more about your ad choices. Visit megaphone.fm/adchoices

Today's question comes from Jade. Thank you very much, Jade. She says, excellent podcast. I wish that I'd found it sooner. As you mentioned, ignorance is expensive. We paid off most of our rental home, but we'd like to retire soon, which means we need more cash flow. We're considering refinancing the rental in order to fund the down payment of additional rental properties in a different state that have a better cash flow. Any thoughts on this? And Jay goes on to say we're nearing retirement age, so the thought of a refinance with a 30-year mortgage seems like a long time, but it would give us the best cash flow. What are your thoughts on this? Any other things we might want to consider? Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . Learn more about your ad choices. Visit megaphone.fm/adchoices

These days, the real estate market has already gone back up its feet. Using equity for refinancing has been one of the smartest solutions for real estate success. Aaron Chapman who is a 21-year veteran of the finance industry talks about how to use the equity that you have to buy more rentals. He discusses what HELOC is and why he doesn’t advocate using it for down payments on more properties. Aaron also shares his opinion as to when a refinancing rental portfolio does not make sense and gives some tips on how to make good rate of returns. Episode show notes: https://www.PassiveRealEstateInvesting.com/using-your-equity-to-buy-more-rentals Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! Learn more about your ad choices. Visit megaphone.fm/adchoices

Ask Marco - When Does it Make Sense to Refinance A Rental? Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . Learn more about your ad choices. Visit megaphone.fm/adchoices

Chicago real estate is known to be among the most expensive in the US. Despite this, many investors are still attracted to its market. In this episode, Marco is joined by John, one of their local property providers and property managers in the Greater Chicago market as they examine the overall rental market in Cook County. They talk about why we should be investing in Chicago and Cook County and who are the major employers in the area. They note why it is crucial that you know the street itself and the property in general before making any final investment and discuss the price range of Chicago apartments. As they talk about the typical neighborhood classification, they ultimately point out the reasons for succeeding and failing in the single-family rental business. Episode show notes: https://www.PassiveRealEstateInvesting.com/market-spotlight-chicago-illinois Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! Learn more about your ad choices. Visit megaphone.fm/adchoices

Ask Marco - Should I Partner with Family or Friends? Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . Learn more about your ad choices. Visit megaphone.fm/adchoices

Little thinking is for selfish people, while big thinking is for an unselfish person because 10,000 units require tremendous responsibility. The New York Times bestselling author of Sell To Survive, The 10X Rule and Be Obsessed Or Be Average, Grant Cardone cracks the code to achieving massive success. A successful multi-family investor and sales trainer, he dives into the impact of setting the bar higher with bigger goals and deciding to go all in. A firm believer that being average is a formula for failure, Grant reveals the four levels of action and the top reason why you should be obsessed about your passions. Episode show notes: https://www.PassiveRealEstateInvesting.com/achieving-massive-success-the-10x-rule-with-grant-cardone Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . Learn more about your ad choices. Visit megaphone.fm/adchoices

Ask Marco - How Does Norada Get Compensated? Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . Learn more about your ad choices. Visit megaphone.fm/adchoices

It is believed that Mayer Amschel Rothschild, a German Jewish banker and the founder of the world-famous Rothschild banking dynasty said back in the late 1700's "Give me control of a nation's money and I care not who makes it's laws.". I highly encourage you to listen to this entire episode. I want you to think about what you hear, and maybe question some other long-held beliefs about things that are simply taken for granted or accepted as fact. Previous episode: http://www.PassiveRealEstateInvesting.com/how-to-build-a-powerful-credit-profile Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . Learn more about your ad choices. Visit megaphone.fm/adchoices

Ask Marco - Who Should Be On My Real Estate Investing Team? Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . Learn more about your ad choices. Visit megaphone.fm/adchoices

A quote goes that if you don't take good care of your credit, then your credit won't take good care of you. Knowing full well the truth in that statement is Merrill Chandler, CEO and Chief Strategist at CreditSense. Merrill digs deep and highlights the importance of having not only a good but also a powerful credit profile. After all, what your credit looks like will determine whether you can get business lines. Merrill shares how we can build a powerful credit profile of our own and talks about credit repair, the FICO score, and the common mistakes people make with their credit profiles. Episode show notes: http://www.PassiveRealEstateInvesting.com/how-to-build-a-powerful-credit-profile Sign Up for Their FREE Web Class. Sign Up for Their Fundability Bootcamp. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! Learn more about your ad choices. Visit megaphone.fm/adchoices

Ask Marco - How Would You Invest $1,000,000 in Real Estate? Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! Learn more about your ad choices. Visit megaphone.fm/adchoices

If you look at some of the wealthiest people in this country, you will notice that a lot of them are real estate owners. Picking up from where we left off, we finish laying down the seven powerful tools that these real estate tycoons have used to create and build legacy wealth. Still with Kirk Chisholm from Innovative Advisory Group, we talk about inflation and deflation and how you can take advantage of those, as well as debt reduction and the tax benefits of real estate. Learn more about these tools as you discover why real estate is considered as one of the best investments to be in. Combine what you have learned in this two-part series and create your own long-term strategy to start building wealth. Episode show notes: http://www.PassiveRealEstateInvesting.com/7-powerful-tools-to-create-legacy-wealth-from-real-estate-part-2 Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! Learn more about your ad choices. Visit megaphone.fm/adchoices

Marco answers a subscriber's question about investing with limited capital and a simple solution if you don't have the capitol today. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . . . Learn more about your ad choices. Visit megaphone.fm/adchoices

The principle of owning real estate to become wealthy has never been more true today than it was back then. Simply think of the many investors who have built enormous wealth and rose up to create their own legacy from it. In this two-part series, we go deep into the ways these real estate tycoons were able to succeed. We cover the seven powerful tools that they’ve used to create legacy wealth, starting with why cashflow is king and how you can introduce leverage into the equation. We also delve into the benefits and power of real estate with Kirk Chisholm, a Wealth Manager and Principal at Innovative Advisory Group. Kirk takes us into what they do over at the company, sharing some advice on investing and more. Episode show notes: http://www.PassiveRealEstateInvesting.com/7-powerful-tools-to-create-legacy-wealth-from-real-estate Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! Learn more about your ad choices. Visit megaphone.fm/adchoices

Marco answers a subscriber's question about the Rent-to-Value (R/V) ratio, and how to use it to quickly evaluate a property's financial performance. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . . . Learn more about your ad choices. Visit megaphone.fm/adchoices

One of the common practices of a new real estate investor is investing in your local area so that you can manage the property and see it. Marco is joined by Stephanie, one of their clients, to talk about the frustrations with self-managing, the false belief of having to invest in the local area, and the whole purchase process. Stephanie shares how she discovered turnkey real estate investing and turnkey rentals which opened a world where she can actually go to multiple markets and diversify the cash flow. Learn how you can choose the best markets to maximize your returns and put your capital to the best use possible as Stephanie shares her journey from local to nationwide investing. Episode show notes: http://www.PassiveRealEstateInvesting.com/lessons-learned-going-from-local-to-nationwide-investing-a-client-interview Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! Learn more about your ad choices. Visit megaphone.fm/adchoices

Marco answers a subscriber's question about the Rent-to-Value (R/V) ratio, and how to use it to quickly evaluate a property's financial performance. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . . . Learn more about your ad choices. Visit megaphone.fm/adchoices

What makes blockchain universal is how it can be implemented for just about anything anywhere. Penetrating even to real estate, it proves its own flexibility and adaptability when it comes to transactions, record keeping, asset management, and more. Taking us in between the two is Craig Cobb. He is the founder of Trader Cobb, a cryptocurrency trading and training firm, and a host of the top-ranked show, The Trader Cobb Crypto Podcast. He talks about blockchain technology and how the real estate industry could be benefitting from it, touching on topics from tokenization and the SEC to smart contract and title insurance. Episode show notes: https://www.PassiveRealEstateInvesting.com/how-blockchain-could-transform-real-estate Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! Learn more about your ad choices. Visit megaphone.fm/adchoices

Picking up with more nuggets of information from Joe McCall, we continue exploring active real estate investing as we look into his favorite strategy - doing lease options. He gets down to its two-part component of buying and leasing with a tenant while discussing its relation to wholesaling as well as holding titles and payment. Tapping into simpler things, Joe shares his thoughts about private lending and whether or not it is active or passive. He also compares the risks involved between the two kinds of real estate investing and gives his advice to those who are thinking about transitioning from being an active investor to a passive investor. Episode show notes: https://www.PassiveRealEstateInvesting.com/active-real-estate-investing-with-joe-mccall-part-2 Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . Learn more about your ad choices. Visit megaphone.fm/adchoices

Marco answers a listener question about the steps to getting started. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . . . Learn more about your ad choices. Visit megaphone.fm/adchoices

Exploring the other side of passive real estate investing, we turn our attention to learn more about the different ways, methods, and strategies of active real estate investing. Learning both sides of the investing coin, we look at what active real estate investing is, what is involved, and how it compares to the pros and cons of its opposite. Sharing his expertise and experience is Joe McCall, investor, coach, and podcast host. He takes us deeper into wholesaling, leasing, and flipping – discussing and differentiating lease options, private lending, and more. Episode show notes: https://www.PassiveRealEstateInvesting.com/active-real-estate-investing-with-joe-mccall Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . . . Learn more about your ad choices. Visit megaphone.fm/adchoices

Marco answers a listener question about timing your real estate buy and sell. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . . . Learn more about your ad choices. Visit megaphone.fm/adchoices

Hundreds, if not thousands of people are investing every week. However, some real estate investors have this fear or reluctance to invest out of state or what some people call long distance real estate investing. Marco is joined by Oliver, one of his investment counselors, to talk about why people invest out of state, but more importantly, why there's a fear or reluctance and why that's crippling you from achieving far more with your investment capital than you could otherwise. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! Learn more about your ad choices. Visit megaphone.fm/adchoices

Marco answers a listener question about asset protection. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . . . Learn more about your ad choices. Visit megaphone.fm/adchoices

There's a reason why the majority of people in this world are poor. It is because they are not taught to be rich. They don't know the principles that the rich already know and implement in their lives. If you knew the principles of the rich, you could change your life and be rich as well. Copy what already works; it's that simple. The principles of the rich apply to everybody. They apply now, tomorrow, and far into the future. They're timeless and no matter when you learn these principles, they will help you to become wealthy. Dustin Heiner is a real estate investor who went from working the grind to living the dream. Join me and Dustin as we talk about the eight principles to be rich, wealthy, and live the dream life. Episode show notes: http://www.PassiveRealEstateInvesting.com/eight-principles-to-be-rich-wealthy-and-live-the-dream-life-with-dustin-heiner/ Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . . . Learn more about your ad choices. Visit megaphone.fm/adchoices

Probably everybody is familiar with Robert Kiyosaki or his top-selling book, Rich Dad Poor Dad. Robert is a businessman, an author, and founder of the Rich Dad Company, a company that provides personal finance and business education to people through books and videos. He has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, an educator, and investor who believes that each of us has the power to make changes in our lives, take control of our financial future and live the rich life we deserve. Robert joins us to talk about his inspirations, investing, growing a company, what he thinks about our education system, and more. Episode show notes: http://www.PassiveRealEstateInvesting.com/straight-talk-with-robert-kiyosaki-rich-dad-poor-dad/ Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . . . Learn more about your ad choices. Visit megaphone.fm/adchoices

Self-directed retirement accounts or self-directed IRAs is something that a lot of people are not too familiar about. A self-directed retirement account is no different than any other retirement account or IRA. Legally speaking, according to IRS regulations, you can self-direct virtually any retirement account, and what you can put into a retirement account is almost limitless. Amanda Holbrook, Vice President of Specialized IRA Services, talks a little bit about the benefits of self-directed retirement account and how to utilize them. If you want to know how you can take advantage of expanding or growing your portfolio using a self-directed retirement account and a little bit about diversification, this episode is for you. Learn more about your ad choices. Visit megaphone.fm/adchoices

Real estate investors tend to overlook St. Louis, Missouri. Often known only for its gateway arch and as a Rust Belt City and part of the Flyover Country, this market does not really generate much attention. However, what most do not know is that St. Louis real estate holds significant potential. As the second largest city in the state of Missouri, St. Louis’ housing market holds almost three million people, thus making it also the twentieth largest metro area in the United States. With that, we bring the market spotlight as we take a look at even more reasons why investors should take advantage of this fact and come back to St. Louis - from the renter’s market to price range and more. Learn more about your ad choices. Visit megaphone.fm/adchoices

Being a real estate professional undoubtedly has its own perks. One of which, especially for those investors who are also high-income earners, is the huge tax benefit. Having the status as a real estate professional equips you with one of the most powerful tax tools which could potentially help bring someone’s tax bill from 35% down to 15% or even lower. Some of you may not even aware of this. That is why we will take a dive into this subject as we talk about huge tax benefits and how you could qualify for it with founder of 401KCheckbook.com Bernard Reisz, CPA, CPCU. Learn more about your ad choices. Visit megaphone.fm/adchoices

How do you profit from the profound demographic shift that's coming ahead? If you want to predict the future with accuracy, only one crystal ball will do and that's people by the numbers. By looking at demographics, we can predict the future from commercial to social to political to cultural trends. Counting people reveals what the trend will be over the next several years. That's because it's based on what people are doing from fertility to the location, meaning where they live and to aging. For instance, women are on the rise in the workforce nowadays, shattering glass ceilings. Meanwhile, Gen Y or the Millennials, the largest generation in history, are going to be moving into their own home soon. These are two of the key changes that will be determining the fortunes and futures of many people and what is going to happen over the next several years. Do you want to get ahead in your field or in real estate? Pay attention to the trends we're about to discuss with my guest, internationally respected demographer Ken Gronbach. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: http://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! . . . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aaron Chapman joins us for a year-end review. We're going to take a look at 2018 as well as 2019 and see where we're going. Aaron is a 21-year veteran in the mortgage lending space. He lends his smarts, experience, and insights about the mortgage market and the way the industry is working from a lender’s perspective. Learn what’s going on in the mortgage lending industry, how that's going to affect us, and what we should be doing in terms of investing. Learn more about your ad choices. Visit megaphone.fm/adchoices

Property insurance provides protection against most risks to property, such as fire, theft and some weather damage, these includes specialized forms of insurance such as building insurance, content insurance, fire insurance, flood insurance and earthquake insurance. Prevention they say is better than cure. The cost of property insurance often depends on what it would cost to replace the house and which additional items to be insured are attached to the policy. The insurance policy itself is a lengthy contract, and names what will and what will not be paid in the case of various events. Let's explore some of the basics and nuances of property insurance, as well as some uncommon or strange scenarios with my guest today. www.PassiveRealEstateInvesting.com www.NoradaRealEstate.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Cape Coral is a master plan city. It’s pre-plotted and pre-planned with a lot of thought and design put in ahead of time before they broke ground at all. It's a fantastic place for investors to consider for a new construction development and investment in general. Marco is joined by Rob, one of his strategic partners in Southwest Florida who has worked in the real estate industry for over ten years. Rob goes into the details of the Cape Coral market and the different types of properties and opportunities that are there. Learn more about your ad choices. Visit megaphone.fm/adchoices

We've seen a slow down in the housing market this year, in most of the metro areas around the country. What’s causing this slower growth in the housing market? There are dozens of factors in play, but the ones with the biggest impact over the next few months and into the new year include the five factors we'll discuss on this episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

The mortgage landscape is always changing. It’s dynamic and it’s fluid; it’s not static. Where is the mortgage market headed and what has changed with investment mortgage loans? Shawn Huss has been in the mortgage business for years. He's been ranked as one of the top 200 loan officers in the country for the past years. Shawn helps people understand what's available today, where we're going, and how that's going to impact them as real estate investors. Learn more about your ad choices. Visit megaphone.fm/adchoices

Aaron Chapman, 21-year veteran in the financing industry focusing on real estate investing, talks about chewing the financing fat, giving the broader macro and economic perspective on the different rates—from interest to mortgage. Aaron shares how they are going to impact you as a real estate investor as well as how you can take advantage of the lending environment. He also provides his predictions about the mortgage rates over the next six to twelve months. Diving deeper, Aaron gives his thoughts into the claim that renting is cheaper than owning, while going further into the effects of inflation to the purchasing power. Learn more about your ad choices. Visit megaphone.fm/adchoices

Marco picked out some questions in his inbox that are applicable to almost everybody. He goes through some of them like equity acceleration, real estate book recommendations, FHS loans for principal residence, buying properties in cash, the cost of buying turnkey versus the true cost of purchasing, rehabbing, renting and refinancing investment properties, and whether you should pay off a mortgage or not. Hopefully they'll be helpful for you and you can relate to some of them. Learn more about your ad choices. Visit megaphone.fm/adchoices

One of the most common questions in the real estate space is where we are in the housing cycle? Ivy Zelman provides some interesting perspective on the housing market, the direction we're going, the demographics, interest rates. Ivy is the CEO and founder of Zelman & Associates, LLC, a company she founded back in 2007. Her firm leverages housing market expertise, extensive surveys of industry executives and rigorous financial analysis to deliver proprietary research and advice to global institutional investors. Her team is widely respected for its unbiased views, depth of data and knowledge, and a willingness to offer counter consensus opinions when necessary. Ivy talks about where we are in the housing market cycle and shares some important factors and metrics that we should be looking at as real estate investors. Learn more about your ad choices. Visit megaphone.fm/adchoices

How would you like to pay little to no taxes because you're an owner of real estate? Since 1997, the increasing number of property owners have cut their current income taxes by using something called cost segregation. Alan Goldstein, founder of Emunah Cost Segregation, explains that with cost segregation, an owner of real estate can accelerate their depreciation and thereby reduce their federal income taxes for years. Alan is an IRS-enrolled agent, a Florida real estate broker and mortgage broker, and an expert in depreciation. He says basing on a fundamental principle that a dollar now is worth more than a dollar tomorrow, this same logic can be applied to tax deductions because a tax deduction now is worth more than a tax deduction tomorrow. Learn more about how you can have an immediate increase in cashflow and the tax savings available to you through cost segregation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Brendon Burchard, author of The Motivation Manifesto and High Performance Habits, is widely considered the world's leading high-performance coach, and is one of the most watched, quoted, and followed personal development trainers in history. As one of the most followed public figures on Facebook, his videos have been viewed more than 100 million times. This is part two of the interview where he shares the six high performance habits for investors for reaching long-term success. Learn more about your ad choices. Visit megaphone.fm/adchoices

Imagine at the end of your life you were standing before your Creator and he asks you, “Did you use the time I gifted you each day to be a purposeful being? Did you follow your own path and make your time count? How faithfully did you tend to the dream I sowed in your soul?” This excerpt from The Motivation Manifesto beg the question of whether you're engaged in the right habits to achieve your highest potential. When was the last time you stopped to ask yourself these or similar questions? Brendon Burchard has spent many years helping others achieve their highest potential. His lessons are researched-based and immensely practical and will make a big difference in your life. As one of the most requested motivational speakers in the world, Brendon has shared the stage with the Dalai Lama, Sir Richard Branson, Tony Robbins, and many of the leading influencers of this era. Learn about the most effective habits for reaching long-term success as Brendon outlines the six high performance habits that move the needle the most in helping you succeed. Learn more about your ad choices. Visit megaphone.fm/adchoices