Wed, 27 June 2018
#155: Do what Amazon does. That is what you are doing when you invest passively in income property. But it’s easier than building a business like Amazon. Like Amazon Prime, your RE portfolio has a recurring income stream. Amazon provides society with non-discretionary items like household goods; RE investors provide society the non-discretionary household itself. Today’s guest, Abhi Golhar of Real Estate Deal Talk, emphasizes why cash flow is king today. He is exiting many flips in order to purchase cash-flowing SFHs and multifamilies. He tells us why. Abhi talks about “Rich Dad, Poor Dad”, how to select a mentor, and much more. Abhi and I discuss real estate trends via geographics, demographics, and psychographics. Want more wealth? 1) Grab my free newsletter at: GetRichEducation.com 2) For actionable turnkey real estate investing opportunities: GREturnkey.com 3) Read my new, best-selling book: GetRichEducation.com/Book Listen to this week’s show and learn: 00:50 Real estate investing is like Amazon’s success model, only easier. Here’s why. 04:38 “Rich Dad, Poor Dad”. 07:42 Buying and selling cars on eBay. 10:13 Following and choosing mentors. 18:37 The durability of real estate as it relates to caring for your body. 21:22 Freedom. 23:11 Real estate appreciation the last 5+ years. 26:34 Real estate geographics, demographics, and psychographics. 33:22 Abhi is exiting flips and purchasing buy-and-hold income property. Cash flow is king. 35:26 Responding to listener feedback, Get Rich Education’s new episodes will begin publishing four days sooner: Mondays hereafter, rather than Fridays. Resources Mentioned: |