Get Rich Education

Keith Weinhold says the word of this real estate era may be: “supply”. Why?

The U.S. just hit its lowest rental vacancy rate in 35 years: 6.8%. 

Also, the U.S. just hit its lowest homeowner vacancy rate in 40 years: 1.3%.

Mortgage interest rates just fell to near three-year lows.

U.S. existing median SFHs now a record $279,600. 

Year-over-year appreciation is 4.3%.

Regulation and environmentalism increase real estate prices.

Join our Tampa Real Estate Field Trip at RealEstateFieldTrip.com

Next, Daren Blomquist of Auction.com joins Keith to discuss current U.S. trends in:

  • Foreclosure activity.
  • Home price appreciation.
  • Migration trends.

Foreclosure activity is down due to high employment, more exotic loans now “rooted out of the system”.

91-92% of metros Daren studied are appreciating in value.

Net migration winners include: Florida, Texas, Tennessee, The Carolinas, Georgia, Washington, Arizona, Nevada, Colorado. 

Net migration losers include: New York, California, Illinois, Louisiana.

__________________

Want more wealth?

1) Grab my FREE E-book and Newsletter at: GetRichEducation.com/Book

2) Your actionable turnkey real estate investing opportunity: GREturnkey.com

3) Read my best-selling paperback: getbook.at/7moneymyths

__________________

Resources mentioned:

Daren Blomquist:

Auction.com

Heat Map:

Home Appreciation 

Heat Map:

Net Population Migration

GRE’s Tampa Field Trip:

RealEstateFieldTrip.com

Mortgage Loans:

RidgeLendingGroup.com

Turnkey Real Estate:

NoradaRealEstate.com

eQRP: Text “QRP” to 72000 or:

TotalControlFinancial.com

By texting QRP to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.

JWB New Construction Turnkey:

NewConstructionTurnkey.com

Best Financial Education:

GetRichEducation.com

Find Properties:

GREturnkey.com

Follow us on Instagram:

@getricheducation

Direct download: GREepisode255_.mp3
Category:general -- posted at: 4:00am EDT

If I pay you $114 an hour to mow my lawn, could you get wealthy that way?

No. You’d have to work all 8,760 hours in a year just to make your first million.

Invest.

The definition of investing is: “To expend money with the expectation of achieving a profit.”

Then, are stocks, bonds, gold, your home, vacations, or income properties … investments? I discuss.

Damion Lupo, expert eQRP Administrator, joins us. Learn more by texting “QRP” in ALL CAPS to 72000.

You can have five simultaneous profit centers with income property:

  • Leveraged Appreciation.
  • Cash Flow.
  • Return On Amortization.
  • Tax Benefit.
  • Inflation-Profiting.

To get ahead, you must give your money multiple jobs. That’s five in this case.

If you’re new to this: risk and frustration still exist in real estate. Your best-laid plans will be derailed sometimes.

It’s not “get rich quick”. But most people never acquire wealth at all.

Why switch your retirement plan to an eQRP?

  • $55,000 annual contribution limit for single, $110,000 for married couples.
  • Invest in real estate, hard assets, nearly anything.
  • Creditor protection.
  • eQRP setup has less red tape setup than SDIRAs.
  • $50,000 line of credit.
  • Avoid UBIT tax. 

Learn more about the eQRP from Total Control Financial by texting “QRP” in ALL CAPS to 72000.

__________________

Want more wealth?

1) Grab my FREE E-book and Newsletter at: GetRichEducation.com/Book

2) Your actionable turnkey real estate investing opportunity: GREturnkey.com

3) Read my best-selling paperback: getbook.at/7moneymyths

__________________

Resources mentioned:

eQRP: Text “QRP” to 72000 or:

TotalControlFinancial.com

By texting QRP to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.

Mortgage Loans:

RidgeLendingGroup.com

Turnkey Real Estate:

NoradaRealEstate.com

JWB New Construction Turnkey:

NewConstructionTurnkey.com

Best Financial Education:

GetRichEducation.com

Find Properties:

GREturnkey.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

Direct download: GREepisode254_.mp3
Category:general -- posted at: 4:00am EDT

Jim Rickards is our guest today.

Debt is growing faster than the economy. 

In an eventual financial crisis, we discuss how a real estate investor will fare. 

A prolific author, Aftermath is Jim Rickards’ new book.

Debt, inflation, and interest rates are macroeconomic forces that affect you daily. 

The U.S. has $23 trillion in debt. Why can’t we just keep kicking the “debt can” down the road?

Alexander Hamilton effectively created the debt 230 years ago.

When the debt-to-GDP ratio exceeds 90%, problems occur. It’s 103% in the U.S. today.

We discuss debt solutions, and why negative interest rates and Trump tax cuts won’t work.

Rickards says inflation has nothing to do with money supply; it’s about psychology.

Learn how a new international monetary system looks - outside the U.S. dollar.

In a new system, hard assets retain value. Stocks and bonds lose substantial value.

__________________

Want more wealth?

1) Grab my FREE E-book and Newsletter at: GetRichEducation.com/Book

2) Your actionable turnkey real estate investing opportunity: GREturnkey.com

3) Read my best-selling paperback: getbook.at/7moneymyths

__________________

Resources mentioned:

Book - Amazon:

Aftermath by Jim Rickards

National Debt Clock

Mortgage Loans:

RidgeLendingGroup.com

Turnkey Real Estate:

NoradaRealEstate.com

QRP:

TotalControlFinancial.com

JWB New Construction Turnkey:

NewConstructionTurnkey.com

Best Financial Education:

GetRichEducation.com

Find Properties:

GREturnkey.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

Direct download: GREepisode253_.mp3
Category:general -- posted at: 4:00am EDT

Imagine that you’re paid $8.5 million - your entire life’s earnings - all on the last day of your life.

But you received nothing until then.

That income really wouldn’t serve you well anymore.

It’s an extreme example about “The Power Of Now”. 

Delayed gratification should not be a long-term condition. You get one life.

I also discuss housing affordability: which is your income, housing prices, and mortgage interest rates.

Historically, affordable homes have a price-to-income ratio of 2.6 or less.

In just three minutes time, I tell you how the Federal Reserve works. Their ¼% interest rate cut announced last week is the first cut since 2008. 

Join me in-person on our Tampa Real Estate Field Trip. Register at www.RealEstateFieldTrip.com

The Phillips Curve signifies that employment and inflation are highly correlated.

__________________

Want more wealth?

1) Grab my FREE E-book and Newsletter at: GetRichEducation.com/Book

2) Your actionable turnkey real estate investing opportunity: GREturnkey.com

3) Read my best-selling paperback: getbook.at/7moneymyths

__________________

Resources mentioned:

GRE’s Tampa Real Estate Field Trip:

RealEstateFieldTrip.com

Article & Video by Keith Weinhold:

How “The Fed Works” In 3 Minutes

Book:

Eckhart Tolle “The Power Of Now”

Affordability article:

Housing Wire

Mortgage Loans:

RidgeLendingGroup.com

Turnkey Real Estate:

NoradaRealEstate.com

QRP:

TotalControlFinancial.com

JWB New Construction Turnkey:

NewConstructionTurnkey.com

Best Financial Education:

GetRichEducation.com

Find Properties:

GREturnkey.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

Direct download: GREepisode252_.mp3
Category:general -- posted at: 4:00am EDT

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