Get Rich Education

#107: Rich Dad Advisor Garrett Sutton is our guest today. His firm, Corporate Direct, offers smart asset protection and simplifies what seems complex.

Keith is back in Anchorage, AK for today’s show.

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:

02:12  Rely on your team. You don’t need to know everything.

04:52  “12 Reasons It’s A Great Time To Be A Real Estate Investor.”

11:20  Garrett Sutton interview begins.

12:45  Charging orders.

14:48  States offer different protections. You can “borrow” from the best state’s protection.

17:05  Texas asset protection.

22:24  Protecting yourself when you own real estate in multiple states.

25:04  Equity stripping.

26:18  Why Garrett wrote his new book, Toxic Client.

28:12  “Entitlementia.”

31:24  Why many attorneys get asset protection wrong.

33:18  When Robert Kiyosaki was famously sued, Here's how Garrett protected him.

34:14  Corporate Direct’s affordable fees. $695, or $595 for GRE listeners.

 

Resources Mentioned:

CorporateDirect.com

Phone Corporate Direct 1-800-600-1760

Amazon: Toxic Client book

Entitlementia.com

NoradaRealEstate.com

RidgeLendingGroup.com

GetRichEducation.com

Direct download: GREepisode107.mp3
Category:general -- posted at: 4:00am EDT

#106: With enough passive income to meet your living expenses, you can potentially quit your job. GRE’s Business Developer John Collins just quit his job. He tells us how it feels.

Keith brings you the show from Ontario, Canada today.

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:

02:38  How close are you to quitting your job? The PPY.

05:42  A metaphor about life being the journey, not the destination.

07:40  If the Dow Jones rises from 19,000 to 20,000 points, that’s NOT a gain!

10:41  With zero financial education, stocks are better than real estate. With some education, real estate is better.

12:08  Monthly property management statements.

15:50  The jet pilot.

19:12  GRE’s John Collins quit his job that paid $100K-$200K per year.

22:47  Overcoming fear of leaving the job.

24:32  Nothing dispels fear like education; social connections.

28:48  Altering your life structure.

32:35  Do you still know when it’s “Payday” at your employer?

36:40  Feel of the “corporate-ocracy.”

39:09  With more passive income, here’s how you’ll begin thinking differently than your co-workers.

41:15  Entrepreneurship is not for everybody. “Turnkey job.”

 

Resources Mentioned:

Book: “Pivot” by Jenny Blake

CorporateDirect.com

NoradaRealEstate.com

RidgeLendingGroup.com

GetRichEducation.com

Direct download: GREepisode106_1.mp3
Category:general -- posted at: 4:00am EDT

#105: Texas is a job creation juggernaut. Companies are being lured to Texas at a staggering rate by a business-friendly environment, low labor costs, and tax incentives.

Texas is where you have some of the fastest-growing, most economically stable markets in the nation.

Your durable rent income comes from tenant jobs. Learn about how to get into this market with an award-winning turnkey real estate investment provider at GetRichEducation.com/Texas.

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:

03:29  Turnkey real estate investing defined.

04:44  Win-wins.

05:16  Why turnkey RE is not too good to be true.

09:30  A “Tenant Inspection Report.”

11:34  Carl Dean interview begins.

13:39  Carl moved to Texas because that’s where the jobs and better properties are.

15:05  Is the Texas RE market overheating?

18:02  Medical, financial sectors. More than just oil.

20:19  Migration into Texas.

21:53  Property taxes.

24:03  Price sweet spot of $140K-$250K. Rent-to-value ratios.

25:15  Lease duration and 5% rent increases each year.

29:40  Plano and Frisco often have price points that exceed the cash flow “sweet spot.” Fort Worth and south Dallas areas are generally better.

32:18  3 Bed / 2 Bath single-family homes are the minimum size criterion.

35:07  Exit strategy.

37:58  A “cheap” property isn’t enough for an investor.

38:50  Placing the right tenant. Minimum $1,200 rent amount.

41:04  How does Carl find his inventory?

45:17  Cash flow in Texas vs. other markets.

 

Resources Mentioned:

GetRichEducation.com/Texas

Trulia.com

CorporateDirect.com

NoradaRealEstate.com

RidgeLendingGroup.com

GetRichEducation.com

Direct download: GREepisode105.mp3
Category:general -- posted at: 4:00am EDT

104: T.Harv Eker is our guest today. His mega-popular seminars and book, “Secrets Of The Millionaire Mind: Mastering The Inner Game Of Wealth” have transformed countless lives.

Harv tells you: “Think Rich To Get Rich.”

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:

03:58  What do you really want in your life?

09:04  Thoughts > Feelings > Actions > Results

11:28  Your mind is set to a “Wealth Thermostat.”

14:37  How to change your Wealth Thermostat: 1) Awareness. 2) Understanding. 3) Reconditioning.

19:24  Your thought influences are: verbal conditioning, modeling, specific incidents.

20:35  Are rich people evil?

26:08  Is it ethical to make passive income?

32:15  How rich people specifically think differently than most people.

34:50  The Bible and wealth.

39:14  Dealing with your disapproving family members.

44:28  Seminars.

45:10  How to win the money game.  

50:31  The importance of passive income is freedom.

55:20  “SpeedWealth” has 8 principles.

 

Resources Mentioned:

Get SpeedWealth free at HarvEkerOnline.com/GRE

Secrets Of The Millionaire Mind - book

CorporateDirect.com

NoradaRealEstate.com

RidgeLendingGroup.com

GetRichEducation.com

Direct download: GREepisode104_1.mp3
Category:general -- posted at: 4:00am EDT

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