#24: On the brink of homelessness, J. Massey pulled himself up. He became a master of raising private capital for deals without using any of his own money – because he didn’t have any.

In fact, he’s amassed a fortune and has still never used a bank for a real estate loan.

Listen to this week’s show and learn:

00:56  People’s worst financial trade of their life is one that they keep making every week.

06:07  J. and his wife’s touching story and rise from nowhere. They had to sell items on eBay to pay monthly utility bills.  

13:04  By the time J. owned 117 houses, how others responded.

14:40  Real estate “wholesaling” is where J. first gained traction.

17:22  Today, “raising private capital” is the skill that J. helps others with to obtain wealth.

23:14  Raising private capital from others.

27:01  How does a beginner start to raise private capital from others? Details at CashFlowDiary.com/MoneyTool

31:20  How much time and what character traits are needed to raise private capital?

Resources mentioned:

CashFlowDiary.com/MoneyTool

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#23: John Lee Dumas, likely the world’s best-known podcaster, joins us today. John has grown the popular Entrepreneur On Fire podcast to generate several million dollars of revenue every year.

Listen to this week’s show and learn:

02:31  Keith is on a mission to turn more “nobodies” into “somebody” than anybody.

04:10  A great tip for those that manage their own investment properties.

05:15  Keith is picky with whom he has on the show, and why he arranges episodes in a certain order to best serve you.

07:09  Why Get Rich Education chooses to release episodes on Fridays.

07:51  The Get Rich Education podcast is a money loser. Keith opens up with how he feels about podcasting.

11:21  The importance of relationships. Attend events in-person.

12:32  John Lee Dumas has pushed the limits of the podcasting frontier and helps others start podcasting with Podcasters Paradise.

15:31  John Lee Dumas makes his debut on Get Rich Education.

18:25  Why John began podcasting and how he does a show 7 days a week!

23:25  When John began, he was an awful podcaster.

26:20  Keith and John discuss the difference between “success” and “significance”. 

29:14  John’s favorite internet resource that will help you maximize your “Return On Time Invested”.

32:04  John’s real estate investing experience.

Resources mentioned: 

EntrepreneurOnFire.com

EOfire.com/income

Podcasters Paradise

Schedule Once

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#22: Jay Hartley, Director Of Investments at Classic Property Management in Arlington, TX acquires, leases, and manages property in the Dallas-Fort Worth (DFW) metro.

They’re often newer-built brick single-family rental homes.

Listen to this week’s show and learn:

03:14  Why Keith lives in Anchorage, Alaska.

06:03  Comparing Memphis, TN and Dallas-Fort Worth, TX real estate investor markets.

08:12  A quick determination of how a property can provide you with monthly cash flow.

13:44  DFW’s “sweet spot” for investment properties is between $130,000 and $170,000.

15:26  How Jay advises you about higher Texas property taxes.

18:15  The character of your tenant and occupancy rate in this market.

27:35  Property Manager interview role-play with Jay Hartley.

32:54  How Classic Property Management screens tenants.

38:26  Classic’s fee structure, monthly reporting, and how they pay you your cash flow.

41:20  Jay wants to interview prospective investors to see if they’re a good fit for Classic.

42:04  Bonus: Listeners continue to be a “fly on the wall” even after the mock interview as Keith & Jay chat off-the-cuff.

Resources mentioned: 

www.ClassicPM.com

Jay Hartley direct: JayHartley@ClassicPM.com or (817) 640-2064 ext. 1212

www.Narpm.org

www.Realtor.org

www.TexasRealEstate.com

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#21: Get Rich Education is about you. In a personal episode, this turns around and you learn more about your host, Keith Weinhold.

You also discover Anchorage, Alaska’s real estate market, economy, and great quality of life.

Listen to this week’s show and learn:

02:06  The parenting influence that Keith grew up in helped foster an abundance mentality. It wasn’t wealth.

04:58  Keith spent a year living in a swimming pool maintenance hut.

08:00  Moving from Pennsylvania to Anchorage, Alaska.

09:10  The time and money lies people tell themselves.

11:53  You cannot buy happiness. You live happiness.

14:10  The first property Keith ever bought was an Anchorage four-plex building.

18:10  The secret is this: “There is no secret.”

22:12  You can be a fountain or be a drain.

23:23  Anchorage, Alaska and its real estate market.

26:15  Alaska’s #1 economic driver is oil, making it one of the wealthiest US states. North America’s largest oil field is in Alaska.

27:50  Anchorage has the 2nd-busiest cargo airport in the United States.

28:45  Demographic factors influencing Anchorage’s rental market.

31:20  Rental property character in Anchorage.

32:41  The great lifestyle Anchorage offers that few know about.

Resources mentioned:

Anchorage Wikipedia Page

Housing near-gridlock in Anchorage

Oil in Alaska

Roy Briley Property Managers

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