Get Rich Education

Will home prices stop rising soon? No. I tell you why. It’s my prediction.

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Four reasons home prices will keep rising in the short and intermediate-term are:

  1. Undersupply. America is already undersupplied 2.5 - 3.3 million housing units.
  2. Pent-up demand. More 18-29 year-olds live with their parents now at any time since The 1930s Great Depression. When they get jobs & move out, pent-up housing demand will be released.
  3. Homebuilder roadblocks. The top factor is wildly elevated lumber costs that has made some builders stop building.
  4. Population growth. America grows at 4,800 people every day, nearly 2 million annually.

Many Americans have been suffering from a lapse in federal pandemic stimulus relief. Hear a Nancy Pelosi clip about this.

I discuss hands-on ways to improve your properties’ appeal: paint, flooring blemishes, light fixtures, cabinets, vanities, front door.

GRE’s own Aundrea Newbern joins us. Learn about finding properties and tenants with guaranteed rent income.

You can find these properties and tenants at: GetRichEducation.com/Section8

Concerns about the HUD Section 8 Program are: you must screen tenants harder, property inspections from the HUD case manager. 

Section 8 tenants have more motivation to pay rent because they don’t want to lose their housing voucher. They have longer tenancies and are less demanding during tenancies.

If you’re pre-qualified for a mortgage loan and want investment property with guaranteed rent income, start at: GetRichEducation.com/Section8

Resources mentioned:

Show Notes:

www.GetRichEducation.com/316

Find Section 8 properties & tenants:

www.GetRichEducation.com/Section8

Get the Don’t Quit Your Daydream Letter:

www.getricheducation.com/letter

CNN: Blitzer, Pelosi on stimulus:

https://www.cnn.com/videos/politics/2020/10/13/nancy-pelosi-intv-stimulus-bill-trump-offer-coronavirus-tsr-vpx.cnn

Post free to find Section 8 tenants:

GoSection8.com

U.S. and World Population Clock:

www.census.gov/popclock

Mortgage Loans:

RidgeLendingGroup.com

EQRPs: text “EQRP” in ALL CAPS to 72000 or:

eQRP.co

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

New Construction Turnkey Property:

CashFlowAndGrowth.com

Best Financial Education:

GetRichEducation.com

Top Properties & Providers:

GREturnkey.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

Direct download: GREepisode316_.mp3
Category:general -- posted at: 4:00am EDT

Learn how to avoid getting ripped off from a: 

Vacant land scam

Foreclosure relief scam

Loan flipping scam 

Escrow diversion scam

Rental ad scam

Common consumer scams

More

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Asset Protection Attorney Garrett Sutton joins us for the fourth time on the show.

His new Rich Dad Advisor book, Scam-Proof Your Assets, releases this month.  

Scammers sell other scammers lists of names of gullible people.

Tell scammers that you want to share their deal with your attorney or CPA. They’ll run away.

Those that get scammed tend to be: less educated, vain, both young & old, crave a good deal, feel isolated, and are more impressionable.

Scammers are often someone you already know; they’re close to you.

Resources mentioned:

Garrett Sutton’s New Book: 

Scam-Proof Your Assets

Corporate Direct for LLC Formation:

1-800-600-1760

CorporateDirect.com

Report and track scams at:

ftccomplaintassistant.gov

Mortgage Loans:

RidgeLendingGroup.com

EQRPs: text “EQRP” in ALL CAPS to 72000 or:

eQRP.co

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

New Construction Turnkey Property:

CashFlowAndGrowth.com

Best Financial Education:

GetRichEducation.com

Top Properties & Providers:

GREturnkey.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

 

Direct download: GREepisode315_.mp3
Category:general -- posted at: 4:00am EDT

Your goal might be $15K of monthly real estate income and a $3M net worth within twenty years.

To achieve this, I explain why getting trapped in the future is as bad as getting trapped in the past. 

Start early, understand there will be bumps in the road, don’t overanalyze, the worst case scenario almost never occurs, and don’t “time the market”.

Today’s guest offers both rehabbed and new construction rental homes in a thriving market where the numbers work - west Florida. 

If you’re pre-qualified for a mortgage (or paying all-cash), get started buying investment property at: GetRichEducation.com/WestFlorida.

Buying one property, one time won’t change your life.

When you’re young, you’re more likely to want a low-priced rental property with higher cash flow and higher maintenance = existing construction.

When you’re older, you’re more likely to afford a higher-priced rental property with lower cash flow and less maintenance = new construction.

House flippers have spending money; buy-and-hold investors build real wealth.

At its core, it’s simple - rent houses to people.

Resources mentioned:

West Florida Income Property:

GetRichEducation.com/WestFlorida

Mortgage Loans:

RidgeLendingGroup.com

EQRPs: text “EQRP” in ALL CAPS to 72000 or:

eQRP.co

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

New Construction Turnkey Property:

CashFlowAndGrowth.com

Best Financial Education:

GetRichEducation.com

Top Properties & Providers:

GREturnkey.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

Direct download: GREepisode314_.mp3
Category:general -- posted at: 4:00am EDT

Learn how income tax rates, capital gains tax rates, the 1031 Exchange, the estate tax and more will change - or not. 

The outcome depends upon whether Donald Trump gets a second presidential second term or Joe Biden is elected as the new president.

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Tom Wheelwright, the most recurrent guest in show history, joins Keith.

He’s the world’s foremost expert at reducing your taxes permanently. He can help you at Wealthability.com

Resources mentioned:

Tom’s company:

Wealthability.com

The Tax Foundation:

www.taxfoundation.org

Mortgage Loans:

RidgeLendingGroup.com

QRPs: text “QRP” in ALL CAPS to 72000 or:

eQRP.co

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.

New Construction Turnkey Property:

NewConstructionTurnkey.com

Best Financial Education:

GetRichEducation.com

Top Properties & Providers:

GREturnkey.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

Direct download: GREepisode313_b.mp3
Category:general -- posted at: 4:00am EDT

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