Get Rich Education

Financial advisors don’t talk about real estate for three reasons:

  • They'd receive no compensation.
  • Lack of education.
  • Regulatory oversight.

Among educated investors:

  • Real estate has higher returns. 
  • There are more hidden fees with stocks than real estate.

I discuss dividend-paying stocks. 

Ntellivest’s Brent Sutherland tells us why stocks won’t make you wealthy.

This CFP-turned-real estate investor is a financial coach.

Most financial clients ask all the wrong questions. That’s why they get all the wrong answers. 

Few realize that you can increase your income now.  

Brent walks the talk. He owns 9 income properties, averaging $250 cash flow each and more.

We discuss common REI mistakes: financial protection, estate planning and LLCs. 

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Resources mentioned:

Brent Sutherland:

Ntellivest.com

Visual Capitalist:

Composition Of Wealth

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: GREepisode273_.mp3
Category:general -- posted at: 4:00am EST

Put more cash flow in your pocket by refinancing now.

Refinance conditions are ripe: equity up, interest rates down.

If you own property and interest rates rise, then hold.

But if you own property and rates fall, you can refinance.

This way, you’re playing both sides.

Sometimes you can negotiate a lower interest without refinancing.

Negative interest rates mean borrowers & spenders win, savers lose.

GRE listener Andrew Stanton (Email: apstanto@gmail.com) joins me to tell us how this show has changed his life.

This San Diego-based GRE follower works as a computer engineer and he’s building his investment real estate portfolio.

Losing his job helped Andrew realize how important it is to have multiple income streams.

The concepts of ROTI, your return from home equity is always zero, and “Don’t Quit Your Daydream” resonate with him.

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Resources mentioned:

Andrew Stanton’s Email:

apstanto@gmail.com

GRE YouTube Channel:

GetRichEducation.com/YouTube

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: GREepisode272_.mp3
Category:general -- posted at: 4:00am EST

Your biggest expense in life is taxes - income tax, sales tax, property tax, capital gains tax, inheritance tax.

Taxation is not adjusted for inflation. I explain.

Wealthability’s Tom Wheelwright joins us about how to optimize Trump’s 2017 Tax Cuts And Jobs Act to your advantage.

A tax deduction is the amount by which your taxable income is reduced.

Income tax is on net income.

Sales tax is on gross income.

The $10,000 SALT deduction limit mainly hurts coastal residents.

Bonus depreciation substantially aids real estate investors - new and used property, and residential and commercial.

Learn how the 20% pass-through deduction benefits you.

Why you never own real estate in a “C” Corporation.

Learn about Section 179 tax advantages.

Opportunity Zones benefit those that invest in the renovation of distressed assets.  

I bring you today’s show from Anchorage, AK. 

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Resources mentioned:

Tom’s website:

Wealthability.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: GREepisode271_.mp3
Category:general -- posted at: 4:00am EST

You don’t have to get your hands dirty or own a tractor to have your own agricultural real estate.

Humans need food to eat. Even futurists know that people will continue to need calories.

The world population of 7¾ billion will rise to 11 billion by 2100.

Coffee is the second most-traded commodity in the world.

You can buy half-acre coffee or cacao (chocolate) for under $20K - $25K, turnkey-managed. It produces cash flow from the annual coffee cherry and cacao pod harvest. 

You own the land in Panama and Belize. You can drink coffee or eat chocolate from your own far. I invest in this myself.

Operation with three pillars of sustainability: social, economic, and environmental.

Cash returns are 10-14% annually, averaged over twenty years. This doesn’t include land appreciation.

Learn more about investing, where they’re having an “End Of The Decade Special” at: 

www.GetRichEducation.com/Coffee

www.GetRichEducation.com/Chocolate

This special saves you thousands per parcel:

1 coffee parcel = $18,000 each

3 parcels = $16,650 each

6 parcels = $16,000 each

For the Belize cacao (chocolate) parcels:

1 parcel = $24,500 each

3 parcels = $22,650 each

6 parcels = $22,000 each

Cash or IRA funds are eligible. You won't see these prices again.

For these rates, confirm your order by Dec. 16, 2019, with time to fund.

There’s never been a better time to start in agricultural real estate.

__________________

Resources mentioned:

Learn about coffee investing:

GetRichEducation.com/Coffee

Learn about cacao investing:

GetRichEducation.com/Chocolate

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: GREepisode270_.mp3
Category:general -- posted at: 4:00am EST

Money matters. It buys you freedom, options, and even the best medical care.

You have the same 168 hours per week as Jeff Bezos or Bill Gates.

Getting an MBA or Ph. D. is a slow way to wealth.

How many of your 8 great grandparents can you name? See. Making an impact is rare.

You can either live below your means or expand your means.

By the time you’re age 30, you should know how to produce income without trading your time for it.

Employees are motivated by fear.

Wealthy people are motivated by ideas and value creation.

You can only be truly free … with wealth.

Middle class people want enough money to retire; rich people want enough money to impact the world.

You can either be a conformer or build wealth. Your choice.

__________________

Resources mentioned:

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: GREepisode269_.mp3
Category:general -- posted at: 4:00am EST

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