Get Rich Education

#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 estat

#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 o

#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

#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 st

#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  

#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

#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

#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  Valu

#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 Earne

#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 co

#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 analog

#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 marke

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

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

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

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

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

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

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

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