Get Rich Education

#120: One of the few coastal markets where you can find cash flow is Jacksonville, Florida.

Fortune 500 companies, the military, and the seaport support this market, not tourism.

Learn about investing in these single-family homes with two and three-year leases, how unscrupulous management companies can manipulate you, and how to protect your cash flow.

Learn more at GetRichEducation.com/Jax

Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive turnkey real estate investing opportunities.

Listen to this week’s show and learn:

00:54  Don’t follow money. Make money follow you.

03:31  Have a sound strategy. Don’t “throw darts at a map”.

04:02  In real estate investing, your team of pros (Property Manager) could be more important than the geographic market itself.

05:01  Gregg Cohen interview begins.

06:29  Cash flow in a coastal market?

08:04  Population growth, business sectors and industry. Amazon.

11:31  Jacksonville is younger than the rest of Florida. Age 35 vs. 42.

12:27  Panama Canal expansion and Jacksonville.

14:59  Property Management: How some companies manipulate you with 1-year leases.

20:46  2-year and 3-year leases as “the norm.”

24:42  Renovation & management companies have the same ownership. Communication.

29:15  How to protect your cash flow amount.

30:40  3 bedroom, 4 bedroom, and 5 bedroom single-family homes. Screening tenants.

33:54  Florida Landlord-Tenant Law.

35:16  Property improvements.

38:10  Hurricanes and Jacksonville.

40:05  Rent-to-price ratio.

41:04  Minimum investment to get started, current inventory.

42:17  As a new client, provider pays up to $1,000 for your Jacksonville trip.

45:00  Our guest wrote three great Jacksonville turnkey RE investing reports you can get at: GetRichEducation.com/Jax

 

Resources Mentioned:

GetRichEducation.com/Jax

NoradaRealEstate.com

TheRealAssetInvestor.com/GRE

MidSouthHomeBuyers.com

GetRichEducation.com

 

Direct download: GREepisode120.mp3
Category:general -- posted at: 4:00am EDT

#119: Harry Dent is our guest today. He’s among the world’s best-known financial prognosticators. Does Harry still think the Dow Jones will fall to 6,000 points this year?

Dent answers questions most won’t: Where are real estate prices headed? Oil? Interest rates? Stock market? Inflation vs. Deflation? Gold? GDP growth?

Author, Economist, Demographer Harry Dent’s latest book, released this month, is called “The Sale Of A Lifetime: How The Bubble Burst Of 2017 Can Make You Rich”.

Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive turnkey real estate investing opportunities.

Listen to this week’s show and learn:

01:28  Harry Dent likes making predictions. People listen because the depth of his research is so extensive.

05:16  Harry believes the stock market will trend up until the summer, then a potential crash begins.

10:30  Growth that the U.S. experienced in prior decades won’t return due to demographics.

12:53  Stock market bubble catalysts / indicators: Demographics, Trump, bonds.

15:30  How China’s overbuilt infrastructure affects you & the world.

19:42  Can Trump control demographics?

24:00  Dent: Why interest rates are headed up, then going lower than ever.

28:15  Which real estate will falter? Which will do well?

30:57  Dent: Mortgage interest rates will peak this year at 4% to 4.5%, bottoming around 2020.

33:07  Dent: In a downturn, positive cash-flowing residential real estate looks great.

33:53  Dent: Oil prices won’t go over $62. Could fall to $20-$30 again.

35:45  Dent: Deflation more likely than inflation. 5-10% inflation is impossible. Gold comments.

39:05  What can you do to position yourself  for prosperity?

44:30  Your demography is your destiny.

 

Resources Mentioned:

HarryDent.com

NoradaRealEstate.com

TheRealAssetInvestor.com/GRE

MidSouthHomeBuyers.com

GetRichEducation.com

 

Direct download: GREepisode119.mp3
Category:general -- posted at: 4:00am EDT

#118: What’s your risk tolerance? Keith discusses risk with mortgage loans for 1-4 unit properties, then for apartment building loans.

Later, Marco Santarelli joins Keith to tell you why they believe that real estate is the best asset class compared to stocks, businesses, commodities, and cash.

Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive turnkey real estate investing opportunities.

Listen to this week’s show and learn:

01:37  Should you get a 30-year mortgage loan or 15-year?

05:02  Risk with apartment building loans - balloon terms, interest-only loans, prepayment penalties.

11:31  Keith’s personal habits and faults.

12:58  Get Keith’s free wealth-building newsletter is at GetRichEducation.com  Read Keith’s blog at GetRichEducation.blog

18:51  Marco Santarelli interview begins. “Why real estate?”

22:03  Real estate provides five profit centers at the same time.

23:00  What is an asset class?

25:24  Paper assets.

27:08  Stock dividends, options trading.

28:59  Commodities.

30:43  Investing in businesses.

34:18  Real estate investing.

35:32  Liquidity, control, passivity, stability.

37:20  Cash’s importance for emergencies, opportunity to fund a deal.

 

Resources Mentioned:

NoradaRealEstate.com

PassiveRealEstateInvesting.com

TheRealAssetInvestor.com/GRE

MidSouthHomeBuyers.com

GetRichEducation.com

 

Direct download: GREepisode118.mp3
Category:general -- posted at: 4:00am EDT

#117: Surprisingly, Alabama is one of the most economically forward-looking U.S. states.

Here’s why, and here’s how you can profit from this at the right time in the business cycle by investing in Birmingham income property.

Birmingham is Alabama’s largest city amidst a growing population, diverse economic sectors, and a business-friendly climate.

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:

01:01  Alabama is one of the most economically forward-looking states in the U.S.

03:44  Geopolitical Strategist Peter Zeihan’s remarks about Alabama’s top ability to attract foreign capital.

05:22  Disloyalty to markets.

06:14  Don’t be a flipper or landlord. Be an investor.

08:00  Maureen McCann interview begins; Birmingham’s business sectors.

10:14  The right Birmingham submarkets and neighborhoods.

12:17  Average $104,000 purchase price, $1,050 rent, 3 BR/2 BA, 1,500 sf.

15:55  Renovation extent.

18:41  Tenant retention.

19:39  Property manager communication with you.

22:10  When you close, property is occupied 96% of the time.

25:12  Turnkey Provider and Property Manager all in-house.

27:44  Tenant screening.

29:29  Alabama as a landlord-friendly state.

30:28  Geographic pitfalls?

32:32  Choosing the right team.

34:45  Minimum investment to get started.

35:22  Learn more at GetRichEducation.com/Birmingham

38:00  “VIMTM.”

 

Resources Mentioned:

GetRichEducation.com/Birmingham

NoradaRealEstate.com

TheRealAssetInvestor.com/GRE

MidSouthHomeBuyers.com

Direct download: GREepisode117_1.mp3
Category:general -- posted at: 4:00am EDT

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