150: Your Real Estate Portfolio Architecture

#150: Giant mistake: investing in real estate only in your home market.

You should be invested in at least 3 different geographic RE markets. This also how you can get a good mix of appreciation and cash flow over time.

Volatility hurts your portfolio more than you think. Keith discusses two reasons why you will be in a more volatile environment in coming years: 1) Donald Trump, 2) Interest rates.

Even if your home is paid off, you still have a payment. It’s an opportunity cost payment. You aren’t aware of it because you can’t see it.

Do you live below your means or do you expand your means? Keith gives several real-life examples. You just can’t shrink your way to wealth.

Keith brings you today’s show from Anaheim, California.

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Listen to this week’s show and learn:

01:28  Volatility hurts you: 1) Donald Trump. 2) Interest rates.

05:16  Diversify: invest in RE in at least three metro markets.

07:37  ROTI: Return On Time Invested.

09:24  Invest between the Appalachians and the Rockies in SFHs just below the median purchase price.

11:00  Appreciation vs. Cash Flow.

12:07  How will 10 SFHs move you toward financial freedom?

17:48  Even if your home is paid off, you still have a payment.

20:24  “Live where you want to live and invest where the numbers makes sense.”

21:50  Tax-friendly states.

23:32  Examples: Living Below Your Means vs. Expanding Your Means.

28:51  When does your life really begin?

Resources Mentioned:

Article: How To Turn $100K Into $300K In Five Years

Article: You Can’t Shrink Your Way To Wealth

RidgeLendingGroup.com

NoradaRealEstate.com

MidSouthHomeBuyers.com

GetRichEducation.com

GREturnkey.com