Get Rich Education

A crystal ball prediction for the housing market does not exist. 

The best measure may be the forward-looking Homebuilder Confidence Index. It just hit an all-time high for optimism.

Interest rate direction has little to do with housing prices. But it helps.

Real estate is not an asset. Real estate derivatives are assets, whether it be a mortgage or a lease.

Gregg Cohen of JWB Real Estate Capital joins us. He’s a longtime provider of new construction turnkey rental property in Jacksonville, FL. See their properties at: CashFlowAndGrowth.com 

We discuss how appreciation makes long-term real estate investors more money than cash flow, amortization, tax benefits or inflation-profiting.

Resources mentioned:

Jacksonville new turnkey property:

CashFlowAndGrowth.com

FHFA Home Price Index:

https://www.fhfa.gov/DataTools/Tools/Pages/FHFA-HPI-Top-100-Metro-Area-Rankings.aspx?

Suburban Rents Rise:

https://www.realtor.com/news/real-estate-news/race-for-space-pushing-up-suburban-rents/

Show Notes:

www.GetRichEducation.com/321

CNBC on home price rise:

https://www.cnbc.com/video/2020/11/13/rise-in-home-prices

-will-be-tremendous-for-builders-analyst.html

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: GREepisode321_.mp3
Category:general -- posted at: 4:00am EDT

Learn how to keep insidious thieves from stealing your wealth - taxes and inflation.

Higher taxes = lower inflation. I tell you why.

The IRS does not recognize inflation in regard to capital gains.

I discuss property tax, income tax, and sales tax state-by-state. Many coastal states have high property tax and income tax; southern states have high sales tax. 

A recent Harris poll showed that work-from-home types value saving money on lunch and gas more than being with their family or having extra time! (Geez.)

Subscribe to our Don’t Quit Your Daydream Letter here

Tom Wheelwright joins me. Tax brackets are marginal, so use your childrens’ lower tax brackets.

The last dollar you earn is taxed at your highest taxable rate.

The first dollar of a tax deduction comes off your highest taxable rate.

Tax credits beat tax deductions.

Reducing your property tax can be fairly easy. 

Resources mentioned:

Connect with Tom:

www.Wealthability.com

Show Notes:

www.GetRichEducation.com/320

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: GREepisode320_.mp3
Category:general -- posted at: 4:00am EDT

Before you buy foreign property, consider: access in rainy season, infrastructure, water pressure, safety, community, and developer track record.

Learn about a real estate performance bond and why it’s important. 

Own tropical tiny homes, including over-the-water property, as low as $92K. Start here: www.getricheducation.com/tinyhomes

Subscribe to our Don’t Quit Your Daydream Letter here

These exotic, affordable homes in vacation destinations are in Belize, Nicaragua, and Panama - both beaches and mountains.

As a foreigner, you can own full title to these Central American properties.

These homes are truly “tiny”, often 300 - 400 square feet, a little larger than an RV.

You can live in the property, or rent it out.

The developer has been in business 20+ years. I personally met them nearly 5 years ago.  

You can get 50 - 80% financing. Use self-directed IRAs, gold, or crypto for purchase.

To get started, get the Tropical Tiny Homes Report and contact the provider through: www.getricheducation.com/tinyhomes

Resources mentioned:

Tropical Tiny Homes Report & Provider Contact:

www.GetRichEducation.com/TinyHomes

Show Notes:

www.GetRichEducation.com/319

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: GREepisode319_.mp3
Category:general -- posted at: 4:00am EDT

In this recession, people still ask me how housing prices and demand are surging. I explain.

Then, I discuss the highest cash-flowing hands-off investment I’ve ever heard of. Learn more here.

Subscribe to our Don’t Quit Your Daydream Letter here

Cash use is increasing, not declining. In fact, the CEOs of PayPal and Venmo even say that cash will be in use for decades.

An individual investor like you can own a lot of 6 ATMs.

ATMs are profitable because some users pay a $2-$3 surcharge to access a $20 bill.

$2,184 is your monthly cash flow. The operator has never missed a monthly payment nor their pro forma projection. ~19% ROI plus tax benefits like bonus depreciation.

In the pandemic, some ATM locations have fared worse, like airports; some better, like a Walgreens. Many people want to withdraw & store money in the pandemic.

If you’re an accredited investor, learn more about ATM investing and contact the provider through: www.GetRichEducation.com/ATM

Resources mentioned:

For ATM Report & Provider Contact:

www.GetRichEducation.com/ATM

Show Notes:

www.GetRichEducation.com/318

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: GREepisode318_.mp3
Category:general -- posted at: 4:00am EDT

“Miracle Morning” author Hal Elrod tells us that to turn the impossible into the inevitable, you need unwavering faith and extraordinary effort.

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“The Miracle Morning” has been translated into 37 languages and sold more than two million books. More than 500,000 people actively practice his work daily. 

Hal overcame a car accident where he was clinically dead, then a rare form of cancer. This made him genuinely grateful for every moment thereafter.

In your life, you will pursue what you feel is probable, not possible.

The purpose of your goal is not to reach a goal.

It’s to attain the qualities and characteristics of becoming the best version of yourself on your way there.

Hal’s new book is called “The Miracle Equation”. 

Resources mentioned:

Show Notes:

www.GetRichEducation.com/317

Hal Elrod’s website & books:

The Miracle Morning

Book recommended by Hal:

Man’s Search For Meaning - Victor Frankl

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: GREepisode317_.mp3
Category:general -- posted at: 4:00am EDT

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