Get Rich Education

#11: Inflation is like your hidden tax.

Listen to this week’s show and learn:

02:10  Spending is more fun than saving.

03:33  Don’t live below your means.

05:30  Why a “good rate of return” is not enough return for an investor.

07:18  Why millionaires will soon be poor people.

08:45  How currency inflation is invisible.

12:35  Why the stock market must hit all-time highs every day just for you to break even.

13:00  The Consumer Price Index (CPI).

14:47  Why the U.S. and most major nations want more inflation in the future.

15:55  The power of “tilting the chart”.

18:14  How you will beat inflation by understanding real estate leverage ratios.


Resources mentioned:

Consumer Price Index at

Direct download: GREepisode11.mp3
Category:general -- posted at: 10:00am EDT

#10: Vocabulary is key to advancing your investor life. It’s also important for attracting the right people so that you can form the right relationships.

Learn how these terms are defined in a clear way, used in an example, and also how you might use them in a sentence.

Listen to this week’s show and learn:

02:16  Keith comes to you from Los Angeles, CA today. Many investing shows assume that you already know the “language of investing”. But if you don’t first learn these basic terms, you could get left behind. 

05:32  Arbitrage. 

07:37  Cash Flow. This includes the meaning and significance of “V-I-M-T-M”.

10:05  Cash-On-Cash Return.

11:39  Capitalization (Cap) Rate. This includes a key explanation of why Cap Rate does not include your mortgage cost.

16:28  Commercial Loan.

19:06  Dividend.

20:53  Equity.

21:37  FICO Score.

22:42  Inflation.

24:22  Interest, Interest Rate.

24:46  $K.

25:28  Liquid, Liquidity.

27:11  Superhero Syndrome.


Resources mentioned:

Direct download: GREepisode10.mp3
Category:general -- posted at: 10:00am EDT

#9: Discover how to create another income stream with a durable asset like real estate in Memphis, Tennessee, and not have to do the work on your own.

Listen to this week’s show and learn:

00:38  Most people only have one income stream in their life. Learn why to establish more than one.

01:57  Keith explains “turnkey real estate investing”.

03:37  Interview with Terry Kerr of Memphis, TN’s Mid South Home Buyers begins. 

05:30  Memphis, Tennessee’s economic and demographic makeup is what makes it a strong income real estate market. This is largely due to the fact that Memphis is the United States’ distribution hub.

08:16  The character of Memphis properties, and their rent-to-value ratios.

12:39  Availability of financing for Memphis turnkey properties.

13:50  Terry describes how there are efficiencies in having one company both provide and manage the property for investors.

16:04  The available inventory level of Memphis investment properties.

18:33  Tennessee’s Landlord-Tenant Law and how that is advantageous for out-of-area investors.

21:25  What makes for a good Property Manager is communication.

22:24  What gives Mid South Home Buyers a property management advantage is slightly below-market rents, better-condition homes, they do not charge the tenants an application fee, and they handle maintenance issues promptly. This attracts and retains higher quality tenants.

24:38  Current occupancy of the 875 houses in their management portfolio is 98.4%.

25:32  Mid South Home Buyers have an ongoing inspection schedule of their managed properties.

29:27  Terry states that the Property Manager is more important than the property itself.

31:12  Keith estimates how small the out-of-pocket costs are for an investor buying turnkey real estate in Memphis.

31:58  Mid South Home Buyers has warranties for investors on their turnkey properties.

32:50  Send Get Rich Education a message through our Facebook Page Messenger with what you most want to hear on future episodes. You can even tell us what you want us to ask guests.


Resources mentioned:

Direct download: GREepisode9.mp3
Category:general -- posted at: 10:00am EDT

#8: Discover how to create another income stream with a durable asset like real estate, and not have to do the work on your own.

Listen to this week’s show and learn:

01:37  How to put less than a 20% down payment on your primary residence, yet still pay zero direct PMI premium.

07:36  How Keith can make you a more successful investor than him, faster than him.

08:46  In real estate investing, the market is more important than the property.

11:22  Why to consider real estate investing outside of your home area – and how to find a trusted team to do all the work for you.

11:43  The real estate Rent-To-Value Ratio (RV Ratio) and its importance.

14:18  How to begin researching and identifying profitable real estate markets, and avoid riskier ones.

18:53  Income property investing is based on facts, not feelings.

21:05  Memphis, TN - Its geographic significance to real estate investors.

25:06  Philadelphia, PA – Keith’s recent on-the-street observations in this turnkey real estate market.

31:52  Philippines – Keith’s on-the-ground real estate observations in Asia lend perspective to US income property investing and the importance of having a connected team.

34:44  In the next episode, Keith will start connecting you to his team in a profitable US real estate market.


Resources mentioned:

Direct download: GREepisode8.mp3
Category:general -- posted at: 10:00am EDT